8842 N 8th Street 207, Phoenix, AZ 85020, Phoenix AZ 85020
Investor-ready opportunity in the heart of North Central Phoenix. This well-located condo offers immediate income with a reliable tenant in place for over 20 years, providing exceptional stability and proven long-term occupancy. Positioned in a desirable corridor with convenient access to dining, shopping, and major commuter routes, this is an ideal low-maintenance addition to any portfolio. Strong rental history, consistent occupancy, and prime location combine to create a compelling, turnkey investment with enduring value. Recent updates include a 2025 water heater.
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Phoenix
This property is offered at $199 per square foot, compared with a $3 median for active 1-bedroom homes in Phoenix. Its asking price falls near the 68th percentile of that active group. The comparison uses 524 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $407,500, and the median is $323 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 833 E ALICE Avenue, Phoenix, AZ 85020 | Apr 30, 2026 | 4 bd | $449,900 | 0.1 mi |
| 8920 N 10TH Street, Phoenix, AZ 85020 | May 5, 2026 | 2 bd · 880 sqft | $284,580 | 0.2 mi |
| 9108 N CAVE CREEK Road, Phoenix, AZ 85020 | Jul 21, 2026 | — · 1,010 sqft | $350,000 | 0.2 mi |
| 1018 E RUTH Avenue, Phoenix, AZ 85020 | Jul 22, 2026 | 4 bd · 1,430 sqft | $485,000 | 0.3 mi |
| 1013 E DIANA Avenue, Phoenix, AZ 85020 | Jul 23, 2026 | 3 bd · 1,797 sqft | $524,900 | 0.3 mi |
| 1002 E ORCHID Lane, Phoenix, AZ 85020 | Jul 15, 2026 | 3 bd · 1,327 sqft | $384,999 | 0.3 mi |
| 820 E BUTLER Drive, Phoenix, AZ 85020 | Jun 24, 2026 | 2 bd · 1,040 sqft | $305,000 | 0.3 mi |
| 1123 E ALICE Avenue, Phoenix, AZ 85020 | Jul 2, 2026 | 4 bd · 1,267 sqft | $430,000 | 0.4 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $135,000 · Pending
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