1008 E HARRY Street, Tempe, AZ 85288, Tempe, 85288 - 2 bed, 2 bath
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Tempe, AZ 85288
Analysis of 1008 E HARRY Street, Tempe, AZ 85288 is currently available with a list price of $299,900. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property is marketed for 'Cash Buyers only,' which typically indicates it cannot pass a standard appraisal or inspection for traditional financing. While the kitchen shows some recent cosmetic updates including grey shaker cabinets and stone-look countertops, the 1959 structure exhibits significant deferred maintenance. The exterior shows cracked concrete and rusted fencing, and the interior requires finishing work and likely major system overhauls to meet modern safety and comfort standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7606, living area = 954.
The rare R-2 zoning provides a unique opportunity to add a second rental unit or significantly expand the existing structure to maximize return on investment.
Situated in North Tempe, the property is located in a high-demand area close to major employment hubs and amenities, ensuring strong long-term value.
The 'Cash Buyers only' requirement significantly limits the pool of potential buyers and indicates the property likely does not qualify for traditional financing.
Built in 1959 and marketed as an investment-only project, the property likely requires substantial capital expenditure for modernization and repairs.
Cash Buyers only. RARE R-2 ZONING makes this an exceptional investment opportunity! With ample land and flexible zoning, this property offers the ability to add a rental unit or to expand the square footage of the existing home to boost value and maximize return!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 18% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 954 | 1,374 | 24% |
| Lot Size | 7,606 | 6,787 | 53% |
| Price | $299.9K | $408.0K | 47% |
| Price per sq ft | $314 | $314 | 50% |
| Built year | 1959 | 1961 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 1985 | 6% |
Apr 1, 2026
$299,900
Initial Listing