1004 E Tempe Drive, Tempe, AZ 85281, Tempe, 85281 - 6 bed, 6 bath
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Tempe, AZ 85281
Analysis of 1004 E Tempe Drive, Tempe, AZ 85281 is currently available with a list price of $1,188,900. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Tempe Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Although built in 2008, the property has undergone extensive recent renovations and is in turnkey condition. The kitchen features modern white cabinetry, stone countertops, and high-end stainless steel appliances. Bathrooms have been fully updated with contemporary subway tiling, black hardware, and stylish vanities. Additional premium features include a brand-new heated pool, a rooftop deck, and polished flooring, meeting the highest quality standards with no visible deferred maintenance.
The property features a unique layout with two kitchens, two laundry areas, and separate entrances, allowing for an easy conversion into two independent rental units to maximize revenue.
Ideally situated in North Tempe near ASU, Tempe Town Lake, and Scottsdale, the home offers exceptional access to major employment hubs, entertainment, and high-demand rental markets.
The home comes fully furnished and includes premium upgrades like a brand-new heated pool and a rooftop deck, providing an immediate, move-in-ready solution for investors or large families.
At over 4,100 square feet with a heated pool and multiple kitchens, the property likely carries significant utility and maintenance expenses, especially during extreme Arizona temperature shifts.
As a property currently utilized as a short-term rental, it is highly sensitive to evolving local municipal ordinances and zoning regulations in Tempe regarding AirBnB operations.
Luxury living in the heart of Tempe! This stunning 6-bedroom, 4.5-bathroom home boasts an impressive 4,186 square feet of living space with plenty of space to entertain. 2 master suites and 2 kitchens. Upstairs and downstairs laundry makes housekeeping easy. An amazing rooftop deck with breathtaking views of the surrounding area - it's the ideal spot for stargazing or entertaining friends A private backyard paradise with meticulously landscaped outdoor space features a brand new sparkling pool, perfect for those scorching Arizona days or heat it up during the cold season. Currently run as a profitable AirBnB, the house comes fully furnished and could be perfect as an investment property. One wall could be closed and you could have 2 full separate units. Location is key, and this home delivers. Just minutes away from ASU, Tempe Town Lake, and Scottsdale, you'll find endless opportunities for recreation. Currently run as a successful AirBnb, this is an investors dream. Could be rented as is or converted to 2 separate housing units for additional revenue as there are already separate entrances, seperate kitchens, laundry's, etc. so you would just need close in one small wall upstairs. Since it comes fully furnished it could be up and running in no time. Owner can provide proof of rental income upon request.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 93% |
| Baths | 6.0 | 2.0 | 97% |
| Square foot | 4,186 | 1,552.5 | 97% |
| Lot Size | 7,614 | 7,355 | 67% |
| Price | $1.19M | $266.0K | 97% |
| Price per sq ft | $284 | $186 | 60% |
| Built year | 2008 | 1958 | 87% |
| HOA | $0 | $0 | 50% |
| Days on market | 546 | 2129 | 23% |
Oct 23, 2024
$1,188,900
Initial Listing