1011 E REDFIELD Road, Tempe, AZ 85283, Tempe, 85283 - 3 bed, 2 bath
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Tempe, AZ 85283
This Value-Add Townhouse offers a stable entry into the Tempe market with a List Price of $230,000, aligning perfectly with its $230,000 Fair Market Value. Currently maintaining a Fair Condition Rating, the 1974 construction provides a clear path for forced appreciation through interior modernization and cosmetic updates. The functional layout features a private patio and the seller is paying the special assessment at closing, enhancing the immediate financial appeal. Situated near Kyrene Del Norte School, this property is a strategic choice for Buy-and-Hold Investors or first-time buyers looking for a functional, high-potential asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1011 E REDFIELD Road Subject | $230,000* List Price | 3 | 2 | 1,035 | $222 | - |
A 1032 E REDFIELD Road Active | $282,500 List Price | 3 | 2 | 1,035 | $273 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, this townhouse is in fair condition, showing typical characteristics of its age without evidence of a recent comprehensive renovation. The exterior reflects a dated 1970s architectural style, and the property analysis explicitly notes that interior finishes and core systems likely require updates to meet modern standards. While functional as a starter home or investment, the property shows signs of being outdated and requires cosmetic and potentially systemic improvements.
Priced at $230,000 for a 3-bedroom unit in Tempe, this property represents a highly competitive entry point for first-time buyers or investors seeking strong rental potential.
The seller's agreement to pay the special assessment at closing provides immediate financial relief and increases the net value of the acquisition for the buyer.
The floor plan efficiently separates living and sleeping quarters, featuring a private patio that extends the living space and provides a desirable outdoor retreat.
Having only 1.5 bathrooms for a 3-bedroom home may be a significant drawback for families or multi-tenant investment scenarios.
Built in 1974, the property likely requires updates to its core systems and interior finishes to meet modern efficiency and aesthetic standards.
This 3-bedroom, 1.5-bath townhouse is an ideal starter home or investment opportunity. All three bedrooms and the full bath are located upstairs, while the main level features a spacious living room, kitchen with dining area, and a convenient half bath. The kitchen offers ample storage, and the living room opens to a private patio--perfect for relaxing or entertaining. ***Seller is paying special assessment at closing***
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 69% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,035 | 1,228 | 23% |
| Lot Size | 951 | 2,958 | 23% |
| Price | $230.0K | $223.5K | 54% |
| Price per sq ft | $222 | $222 | 50% |
| Built year | 1974 | 1986 | 23% |
| HOA | $220 | $199 | 62% |
| Days on market | 83 | 807 | 8% |
Jan 29, 2026
$230,000
Initial Listing