Just $15K down or less with NO qualifying! Discover this adorable 2-bedroom townhouse featuring a highly sought-after downstairs location, garage parking, and a prime central location. Nestled in beautifully landscaped grounds, this home offers a comfortable and convenient lifestyle with access to a sparkling community pool. Whether you're searching for an affordable new home or a smart opportunity to expand your rental portfolio, this townhouse is one you won't want to miss!
Alhambra, located between Grand Canyon University and the I-17 corridor, is a residential and commercial Phoenix neighborhood with mid-century ranch streetscapes and a grid of palm-lined arterials. The neighborhood’s character concentrates around the 35th Avenue and Camelback Road intersection, where taquerias, panaderías, barbershops, and late-night eateries keep the sidewalks active. Grand Canyon University’s campus edges bring collegiate energy and newer mixed-use pockets. Alhambra’s housing stock leans toward brick ranch homes and low-rise garden apartments, with mature shade trees softening wide streets. Grand Canyon University Arena and the nearby GCU Golf Course act as local landmarks for events and open green views. Canal paths and neighborhood parks add space for walking and biking across the flat desert terrain.
Provided by Walk Score and Local Logic
Market insights
2687 W Ocotillo Rd · $168,000
DAYS ON MARKET
1 days
The average home goes pending in 74 days.
SALE-TO-LIST
97.0%
Most homes are selling 3% below list price.
LIST PRICE
$168,000
Median sale price in this area is $331,065. (97% higher than this home)
PRICE DROP
0 price drops
22% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Breakfast bar
Bedrooms
2 possible bedrooms
Bathrooms
1 full bathroom
Kitchen
Refrigerator
Built-in microwave
Dishwasher
Electric cooktop
Laundry & utility
Laundry: other / see remarks
Flooring
Tile
Heating & cooling
Electric heating
Central air conditioning
Exterior features
Wrought iron fencing
Grass in front yard
Home design
Townhouse (attached)
Fee simple ownership
Parking
1 covered parking space
1 open parking space
1 garage space
Construction
Painted block construction
Built-up roof
Utilities
Public sewer
City water
HOA & community
Monthly HOA fee of $286
HOA covers trash, water, roof replacement, and exterior maintenance
Community pool
Community laundry
Near bus stop
Financial info
Current financing: Conventional
Electricity and solar
View estimated energy costs and solar savings for this home
Don't miss this fantastic opportunity to own a 2-bedroom, 1-bathroom condo.Currently on a month-to- month lease at $1500.This charming unit offers the perfect canvas for you to add your personal touches and HOA covers water . Located in a desirable neighborhood, this condo provides convenient access to the community pool as well as to shopping centers, schools, parks, freeways and public transportation.
Public Records
Aug 13, 2021
Sold
$140,000
$167/sq ft
ARMLS #6182843
Feb 16, 2021
Pending
—
Feb 16, 2021
Sold
$118,400
$141/sq ft
Feb 15, 2021
Sold
$118,400
$141/sq ft
Jan 29, 2021
Pending
—
Jan 15, 2021
Listed
$119,900
$143/sq ft
ARMLS #5370637
Feb 19, 2016
Sold
$41,350
$49/sq ft
Feb 3, 2016
Contingent
—
Jan 13, 2016
Relisted
—
Jan 11, 2016
Pending
—
Dec 14, 2015
Relisted
—
Dec 14, 2015
Contingent
—
Dec 7, 2015
Listed
$42,900
$51/sq ft
Public Records
Mar 31, 2008
Sold
$421,695
$504/sq ft
Public Records
May 26, 2004
Sold
$696,000
$832/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$275 (+3.9%)
2024
$265 (+1.8%)
2023
$260 (+3.3%)
2022
$252 (−1.3%)
$1,310 + $5,270
$6,580
2021
$255 (+2.6%)
$1,090 + $4,380
$5,470
2020
$249 (+1.9%)
$970 + $3,890
$4,860
2019
$244 (+2.7%)
$790 + $3,170
$3,960
2018
$238 (+0.5%)
$790 + $3,170
$3,960
2017
$237 (+2.0%)
$500 + $2,000
$2,500
2016
$232 (+7.8%)
$500 + $2,020
$2,520
2015
$215 (−3.1%)
$460 + $1,840
$2,300
2014
$222 (+18.2%)
$320 + $1,300
$1,620
2013
$188 (+14.4%)
$230 + $920
$1,150
2012
$164 (−44.2%)
$230 + $920
$1,150
2011
$294 (−37.2%)
$440 + $1,760
$2,200
2010
$468 (−1.0%)
$900 + $3,600
$4,500
2009
$473
$1,190 + $4,760
$5,950
Public record
Public record
Zoning
Beds
—
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
837
Unfinished Sq. Ft.
—
Total Sq. Ft.
837
Year built
1973
Style
Townhouse
County
Maricopa County
APN
15602052
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 18, 2026.
R-3
BLACK CANYON/MARICOPA FREEWAY SP
Multifamily Residence District
The purpose of the multifamily residence districts is to provide for alternate living styles including rental, condominiums and single ownership of land with multiple units thereon or single or attached townhomes.; The density ranges offered are intended to allow for a greater interaction of residents with at least the opportunity for less individual maintenance, unit cost, and size as compared with a conventional single-family residence.; The design options of average lot subdivision, planned residential and single-family attached development are intended to provide flexibility as to unit placement, variable yard requirements, more reasonable and practical use of open spaces, staggered height limits up to three and four stories and more standardized parking and street improvement requirements. Bonus provisions are intended to facilitate and enhance the utilization of smaller infill parcels as well as unusual and irregular parcels throughout the City.; Along with the freedom that the multifamily district offers are certain responsibilities which must be met for project residents, but more importantly for the overall adjacent neighborhood. These are expressed in terms of standards and performance criteria. The standards internal to a project are intended to increase livability with amenities including landscaping, recreational facilities and project design. On the other hand the exterior standards provide a better fit, [and] better the project and the neighborhood environs. Criteria relating to setbacks, screening and landscaping are intended to reduce noise, maintain privacy and minimize psychological feelings to a change in development character and avoid any adverse effect on property values.
Zone overlays
Black Canyon/Maricopa Freeway Specific Plan-Cactus Road to Mountain View Road
Permitted uses
Include but are not limited to:
Religious facility
Public service
Educational/school
Climate risks
3/10 Flood Factor
Estimated 11-17% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 112° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Phoenix, AZ • 85017
Average low and high temperatures (°F)
69
42
78
49
85
55
86
59
95
68
106
77
106
82
108
84
102
77
92
63
77
50
74
45
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.4 hrs
6.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2687 W Ocotillo Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $68,000 and $190,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $68K to $190K.