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You are here: Home / Homes Near Light Rail / Light Rail Housing choices – Real estate realities

Light Rail Housing choices – Real estate realities

March 11, 2009 by Nick Bastian 1 Comment

Homes near light rail come in many shapes, sizes, types and in price ranges to fit just about any budget. Since December of 2008, there have been over 150 homes sold near the 20 mile stretch of light rail running through Phoenix, Tempe and Mesa with a total value of nearly $24 million. While the phoenix real estate market continues to face the reality of downward pricing pressures from a large amount of foreclosure properties, people in need of a home are beginning to look at these areas more and more. Speaking of foreclosure properties, there are currently 165 bank-owned homes on the market that are located near the 20 mile stretch of light rail with a total listing volume of just over $17.7 million. The age old rule of location, location, location rings loud and true to many people looking for a lifestyle including walkable neighborhoods and convenience.

In addition to the lender-owned realities of this market, there is also the reality of having to actually qualify for financing vs. the “liar loans” and lax credit requirements from our “boom times.” Financing is still available, it is just not available as it once was. Given the location of both ASU facilities along the light rail line, a loan called a “Kiddie Condo” loan might make sense for a lot of people.

In “good” markets and in “bad,” there are housing choices to be made. At RailLife.com it is possible to learn so much more than just the X’s and O’s of buying or selling a home because, let’s face it, the decision of where to live is also about lifestyle, convenience and about choosing a “city within cities” to call home. A city with easy access to restaurants, sporting events, arts communities etc. would appear to be worth a look…

The homes below are examples of single family properties located along the entire light rail line. If you would like us to send you a list of available properties that fit your specific criteria please contact Nick Bastian at 602-803-6425 or via email at nick @ raillife.com

Homes Near Light Rail

31 Listings
2102 W BERRIDGE Lane, Phoenix, AZ 85015

$670,000 2102 W BERRIDGE Lane
Phoenix, AZ 85015

144 W ELM Street, Phoenix, AZ 85013

$670,000 144 W ELM Street
Phoenix, AZ 85013

540 W Mariposa Street, 1, Phoenix, AZ 85013

$749,999 540 W Mariposa Street, 1
Phoenix, AZ 85013

1308 E Monroe Street, Phoenix, AZ 85034

$489,900 1308 E Monroe Street
Phoenix, AZ 85034

102 W HIGHLAND Avenue, Phoenix, AZ 85013

$789,000 102 W HIGHLAND Avenue
Phoenix, AZ 85013

305 W CORONADO Road, Phoenix, AZ 85003

$845,000 305 W CORONADO Road
Phoenix, AZ 85003

342 W VERNON Avenue, Phoenix, AZ 85003

$725,000 342 W VERNON Avenue
Phoenix, AZ 85003

330 W GRANADA Road, Phoenix, AZ 85003

$820,000 330 W GRANADA Road
Phoenix, AZ 85003

420 N 11TH Street, Phoenix, AZ 85006

$479,990 420 N 11TH Street
Phoenix, AZ 85006

Light & Bright open floorplan

$439,000 1737 W COOLIDGE Street
Phoenix, AZ 85015

2013 W MINNEZONA Avenue, Phoenix, AZ 85015

$499,000 2013 W MINNEZONA Avenue
Phoenix, AZ 85015

517 W VIRGINIA Avenue, Phoenix, AZ 85003

$735,000 517 W VIRGINIA Avenue
Phoenix, AZ 85003

4802 N 14TH Avenue, Phoenix, AZ 85013

$445,000 4802 N 14TH Avenue
Phoenix, AZ 85013

Updates include roof 2014, all plumbing upgraded to copper 2021, bath and flooring 2021, AC unit 2017. mini split 2021, LG washer and dryer are new, floors base boards and paint 2021, blinds and curtains replaced in 2021, recessed kitchen lighting, gas ran to stove and hood installed in 2021

$515,000 527 E MITCHELL Drive
Phoenix, AZ 85012

Plenty of carport and slab parking space.

$690,000 2023 W RANCHO Drive
Phoenix, AZ 85015

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MLS IDX Listing Disclosure © 2023

Copyright 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

Filed Under: Homes Near Light Rail Tagged With: Homes Near Light Rail, Metro Light Rail, Phoenix Light Rail

About Nick Bastian

Nick Bastian is a 29 year veteran of the real estate industry and can be reached at 602-803-6425. You'll also find him sharing real estate info on his web site and hanging out onTwitter.
Family man, lover of life, maker of friends. A bit of a geek, long time Tempe real estate guy just havin' some fun. What's your story?

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Homes Near Light Rail

31 Listings
2102 W BERRIDGE Lane, Phoenix, AZ 85015

$670,000 2102 W BERRIDGE Lane
Phoenix, AZ 85015

144 W ELM Street, Phoenix, AZ 85013

$670,000 144 W ELM Street
Phoenix, AZ 85013

540 W Mariposa Street, 1, Phoenix, AZ 85013

$749,999 540 W Mariposa Street, 1
Phoenix, AZ 85013

1308 E Monroe Street, Phoenix, AZ 85034

$489,900 1308 E Monroe Street
Phoenix, AZ 85034

102 W HIGHLAND Avenue, Phoenix, AZ 85013

$789,000 102 W HIGHLAND Avenue
Phoenix, AZ 85013

305 W CORONADO Road, Phoenix, AZ 85003

$845,000 305 W CORONADO Road
Phoenix, AZ 85003

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MLS IDX Listing Disclosure © 2023

Copyright 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

Lakeside Living

7 Listings
140 E RIO SALADO Parkway, 102, Tempe, AZ 85281

$520,000 140 E RIO SALADO Parkway, 102
Tempe, AZ 85281

120 E RIO SALADO Parkway, 404, Tempe, AZ 85281

$1,100,000 120 E RIO SALADO Parkway, 404
Tempe, AZ 85281

945 E PLAYA DEL NORTE Drive, 1027, Tempe, AZ 85288

$599,900 945 E PLAYA DEL NORTE Drive, 1027
Tempe, AZ 85288

140 E RIO SALADO Parkway, 203, Tempe, AZ 85281

$949,000 140 E RIO SALADO Parkway, 203
Tempe, AZ 85281

420 W 1ST Street, 323, Tempe, AZ 85281

$460,000 420 W 1ST Street, 323
Tempe, AZ 85281

140 E RIO SALADO Parkway, 211, Tempe, AZ 85281

$449,000 140 E RIO SALADO Parkway, 211
Tempe, AZ 85281

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MLS IDX Listing Disclosure © 2023

Copyright 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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