
Tempe, AZ 85282
This Functional Three-Bedroom Townhouse is a strategic acquisition listed at $294,800, aligning perfectly with its $294,800 Fair Market Value. Boasting a Condition Rating of 4, the interior features a Roommate-Optimized Split Floor Plan with durable tile flooring and a private patio. Its prime ASU Proximity, paired with high walk and bike scores, drives exceptional rental appeal and lifestyle convenience. While served by the Tempe School District, the property’s value is anchored by community amenities like the fenced pool. This is a stable asset ideal for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1024 W MALIBU Drive Subject | $294,800* List Price | 3 | 2 | 1,092 | $270 | - |
A 1706 W VILLAGE Way Sold | $235,000 | 3 | 2 | 1,152 | $204 | 0.7 mi |
B 1639 W VILLAGE Way Sold | $235,000 | 3 | 1 | 1,152 | $204 | 0.7 mi |
C 1025 W MALIBU Drive Active | $275,000 List Price | 2 | 2 | 884 | $311 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, this property is well-maintained and move-in ready but shows clear signs of age. The kitchen features older painted cabinetry and dated fluorescent lighting, while the bathrooms retain standard 1980s-style square tiling. Although there are some cosmetic updates such as tile flooring, plantation shutters, and updated black hardware, the overall style and major components are aged and have not undergone a full modern renovation.
Ideally situated near ASU with high walk and bike scores, this property offers exceptional convenience for students, faculty, and urban professionals.
The single-level split floor plan features a private primary suite and low-maintenance tile flooring, making it perfectly suited for shared living or a work-from-home setup.
The neighborhood provides excellent value-add features including a fenced pool, shaded greenbelts, and covered parking in a quiet, walkable environment.
The assigned elementary, middle, and high schools all carry a rating of 3, which may be a significant drawback for families focused on district performance.
With only 1,092 square feet for a three-bedroom home, the individual room sizes and common areas may feel restrictive for those requiring more spacious interiors.
Live close, live easy, live with your people. This single-level 3-bedroom, 2-bath home is tucked into a tree-lined, walkable community near ASU and built for shared living that actually works. With a Walk Score of 66 and Bike Score of 70, grabbing coffee, cruising campus, or running quick errands is smooth and low effort. The layout is prime roommate energy - a privately positioned primary suite with its own bath, plus two additional bedrooms that flex perfectly for roommates, study space, or a work-from-home setup. Translation: everyone gets their space, no awkward hallway negotiations. The open living and dining area is made for hangouts, game nights, and chill dinners. Tile flooring keeps life low-maintenance, while plantation shutters bring in light without sacrificing privacy. The kitchen opens to the dining space with a breakfast bar, generous cabinetry, and plenty of counter space - easy mornings, late-night snacks, zero drama. Indoor laundry seals the deal. Outside, the community keeps things fun and low-key with shaded greenbelts, walking paths, picnic areas, and a fenced pool - perfect for study breaks or decompressing after class or work. Covered parking and a calm neighborhood vibe make daily life feel lighter. Close to ASU, shopping, dining, and essentials, this home is ideal for students, faculty, staff, or roommates who want convenience without chaos. It's comfortable, connected, and ready for your next era. Bring your roommates. Bring your bike. Bring your vibe.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades 6-8 • 1.7 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,092 | 1,204 | 30% |
| Lot Size | 126 | 2,065 | 20% |
| Price | $294.8K | $330.0K | 33% |
| Price per sq ft | $270 | $252 | 63% |
| Built year | 1980 | 1973 | 80% |
| HOA | $270 | $205 | 93% |
| Days on market | 86 | 1662 | 3% |
Jan 26, 2026
$294,800
Initial Listing
Dec 16, 1998
$76,250
Public Record