
Tempe, AZ 85283
This Move-In Ready Townhouse is a High-Potential Investment Opportunity, listed at $260,000—positioned above the $245,185 Fair Market Value. While priced slightly above market, the property features a Condition Rating of 3 with significant infrastructure upgrades, including a new HVAC (2021), new windows (2026), and new electrical (2026). Its proximity to ASU and low-maintenance interior make it a stable asset. This property is an ideal acquisition for Buy-and-Hold Investors seeking rental demand or first-time buyers prioritizing modern systems and convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1006 E REDFIELD Road Subject | $260,000* List Price | 2 | 1 | 792 | $322 | - |
A 6627 S McAllister Avenue Active | $259,000 List Price | 2 | 1 | 792 | $327 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates to 1974, the property has undergone significant recent system updates including a new HVAC (2021), new windows (2026), and a new breaker box with copper wiring (2026). The interior is move-in ready with 2019 tile flooring and fresh paint, though the kitchen cabinetry remains dated, preventing an 'excellent' rating.
The property features a new HVAC system (2021), new double-pane windows, and updated copper wiring with a new breaker box, offering buyers long-term peace of mind and energy efficiency.
Ideally situated in Tempe with close proximity to ASU, major freeways, and local dining, making it an excellent choice for student housing, investors, or commuters.
The interior is fully refreshed with modern tile flooring, fresh neutral paint, and no carpet, providing a clean and low-maintenance living environment.
At only 792 square feet with a single bathroom, the compact layout may feel restrictive for roommates or small families.
While the elementary school is strong, the assigned middle and high schools have lower ratings, which may deter families and impact future appreciation.
Light, bright, and move-in ready, this beautifully refreshed condo is nestled in a lush, well-maintained community with convenient access to ASU, shopping, dining, and major freeways. Featuring updated tile flooring (2019), fresh neutral paint, new double-pane windows throughout (2026), a new HVAC system (2021), a new breaker box and copper wiring (2026), and absolutely no carpet, the home offers modern comfort and peace of mind. Both bedrooms feature spacious walk-in closets, and the kitchen includes a walk-in pantry for additional storage. The private patio is perfect for entertaining, relaxing, and enjoying gorgeous AZ sunsets. Whether you're searching for a primary residence, a home for your ASU student, or a great investment opportunity, this property delivers exceptional value.
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 792 | - |
| Lot Size | 1,388 | - |
| Price | $260.0K | $315.5K |
| Price per sq ft | $328 | $270 |
| Built year | 1974 | 0 |
| HOA | $226 | $0 |
| Days on market | 41 | 2203 |
Jun 11, 2026
$260,000
Initial Listing