8024 N 48TH Lane, Glendale, AZ 85302

$189,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,244 Lot Size (sq. ft.): 1,502 Status: Active
Current Price: $189,000 Last Modified: 10/07/2026

Overview

Description

INVESTMENT OPPORTUNITY WITH TENANT IN PLACE! This 3-bedroom, 2-bath townhome offers immediate rental income along with the opportunity to add value over time. The functional two-story floor plan features a spacious great room with vaulted ceilings, dining area and kitchen with pantry. The primary suite is privately located upstairs, while two additional bedrooms are conveniently situated on the main level. A private patio provides additional outdoor living space, and assigned covered parking adds everyday convenience. Currently tenant occupied, the property would benefit from a remodel and cosmetic updating, making it an excellent opportunity for an investor looking to improve and reposition the home in the future while benefiting from an existing tenancy today.

Listing Details MLS# 7085638

Location, Tax & Legal

House Number
8024
Compass
N
Street Name
48TH
St Suffix
Lane
City/Town Code
Glendale
State/Province
AZ
Zip Code
85302
Zip4
6438
Country
US
County Code
Maricopa
Assessor Number
148-12-641
Subdivision
TERRACE GREEN
Tax Year
2025

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Townhouse
Dwelling Styles
Attached
Exterior Stories
2
# of Interior Levels
2
# Bedrooms
3
Full Bathrooms
2
Total Bathrooms
2
Approx SQFT
1244
Price/SqFt
151.93
Horses
N
Builder Name
UNKNOWN
Year Built
1982
Approx Lot SqFt
1502
Approx Lot Acres
0.034
Community Pool Y/N
Yes
Private Pool Y/N
No
Fireplace YN
No
Planned Comm Name
TERRACE GREEN
Elementary School District
Glendale Elementary District
High School District
Glendale Union High School District
Elementary School
Horizon School
Jr. High School
Glendale Landmark School
High School
Apollo High School

Remarks Misc

Cross Street
49TH AVE & NORTHERN AVE
Directions
NORTH ON 49TH AVE TO MANZANITA, RIGHT, THEN RIGHT AGAIN ON 48TH LANE, AND RIGHT INTO COMPLEX. PARK IN UNCOVERED SPACE

Legal Info

Township
3N
Range
2E
Section
33
Lot Number
73

Basement

Basement Y/N
N

More Information

Parking Spaces

Carport Spaces
2
Total Covered Spaces
2

Showing Notification Methods

Showing Service
Aligned Showings

DPR Eligible

DPR Eligible
Yes

Property Features

Special Listing Cond: N/A Master Bathroom: Full Bth Master Bdrm; Private Toilet Room Master Bedroom: Split; Upstairs Additional Bedroom: Other Bedroom Downstairs Flooring: Carpet Community Pool Features: Fenced; Outdoor Spa: None Dining Area: Dining in LR/GR Kitchen Features: Electric Oven; Disposal; Dishwasher; Refrigerator; Pantry Laundry: Washer Included; Dryer Included; Inside; Upstairs Laundry Exterior Features: Patio Parking Features: Detached Carport; Assigned Parking Road Access Type: City Street Road Responsibility: City Maintained Road Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition Cooling: Central Air; Ceiling Fan(s) Heating: Electric Plumbing: Electric Hot Wtr Htr Utilities: SRP Water Source: City Water Irrigation: None Sewer: Sewer - Public Services: City Services Fencing: Back Yard Landscaping: Gravel/Stone Front; Desert Front Showing Notification Methods: Text; Phone Call Lockbox Type: None Possession: By Agreement Unit Style: Two Levels Association Fee Incl: Roof Repair; Roof Replacement; Blanket Ins Policy; Water; Sewer; Garbage Collection; Front Yard Maint; Common Area Maint; Street Maint Existing 1st Loan: Conventional Existing 1st Loan Terms: Non Assumable New Financing: Cash; Conventional Disclosures: None
IDX
Listing Office: Compass
Office Phone: 480-776-1555
Office Email: lexie.fabor@compass.com
Last Updated: October - 07 - 2026
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