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$189,000
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Property 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.
Full Property Details
Full Property Details for 8024 N 48th Ln
General
- Price: $189,000
- HOA FEE: $264/month
- Taxes: $674 (2025)
- Status: Active
- Type: Townhouse
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7085638
- Updated: 9/26/2026
- Added to Site: 8 day(s) ago
Interior
- Interior Features: Upstairs, Pantry, Full Bth Master Bdrm
- Appliances: Dryer, Washer, Refrigerator, Dishwasher, Disposal, Electric Oven
- Flooring: Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Upstairs Laundry, Inside
Parking
- Parking Features: Detached Carport, Assigned
Location
- County: Maricopa
- Township: 3N
- Subdivision: TERRACE GREEN
- Cross Streets: 49TH AVE & NORTHERN AVE
Community
- Association: Yes
- Assoc. Name: TERRACE GREEN
- Assoc. Fees Include: Roof Repair, Insurance, Sewer, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Water, Roof Replacement
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Water: Public
Structural Information
- Exterior Const.: Stucco, Wood Frame, Painted
- Roof: Composition
- Year Built: 1982
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,502
- Lot Size Source: Assessor
- Lot Features: Desert Front, Gravel/Stone Front
Financial Considerations
- Association Fee: $264
- Assoc Fee Freq.: Monthly
- Tax Amount: $674
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 73 TERRACE GREEN MCR 023113
- Property ID: 148-12-641
- Range: 2E
- Section: 33
- Lot Number: 73
Listed by Compass
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Schools
Schools serving 8024 N 48th Ln
School Districts:Glendale Union High School District, Glendale Elementary District
| Name | Grades | Distance |
|---|---|---|
Horizon School 8520 North 47th Avenue, Glendale, AZ 85302 | K-8 | 0.5 mi |
Apollo High School 8045 North 47th Avenue, Glendale, AZ 85302 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8024 N 48th Ln
Date
Details
Price
Change
Source
9/26/2026
Listed
$189,000
65.79%
MLS
4/28/2017
Sold
$114,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8024 N 48th Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$674
—
$4,857
-77%
2025
$674
13%
$21,480
2%
2023
$594
1%
$20,970
26%
2022
$590
—
$16,680
29%
2022
$590
1%
$12,950
4%
2021
$583
-1%
$12,410
17%
2020
$588
1%
$10,600
9%
2019
$582
4%
$9,710
23%
2018
$560
-1%
$7,900
18%
2017
$566
19%
$6,680
16%
2016
$477
6%
$5,770
7%
2015
$450
-11%
$5,410
46%
2014
$506
22%
$3,710
45%
2013
$416
—
$2,550
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8024 N 48th Ln
8024 N 48th Lane, Glendale, AZ 85302 (MLS# 7085638) is a Townhouse property with 3 bedrooms and 2 full bathrooms. 8024 N 48th Lane is currently listed for $189,000 and was received on September 26, 2026. Want to learn more about 8024 N 48th Lane? Do you have questions about finding other Townhouse real estate for sale in Glendale? You can browse all Glendale real estate or contact a Coldwell Banker agent to request more information.

