1025 W MALIBU Drive, Tempe, AZ 85282, Tempe, 85282 - 2 bed, 2 bath
Loading property details...
Tempe, AZ 85282
This Functional Two-Bedroom Townhouse represents a strategic entry point into the high-demand Tempe market with a List Price of $275,000, compared to a $248,652 Fair Market Value. Maintaining a Fair Condition Rating, the unit features a Split Floorplan with an Inside Laundry Room and a master suite with a walk-in closet. Residents benefit from Two Covered Parking Spaces and a Community Pool. While school ratings are modest, the high rental demand near ASU supports long-term utility. This is a practical asset for Buy-and-Hold Investors or First-Time Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1025 W MALIBU Drive Subject | $275,000* List Price | 2 | 2 | 884 | $281 | - |
A 1024 W MALIBU Drive Active | $294,800 List Price | 3 | 2 | 1,092 | $270 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982, this property is in functional condition but shows significant signs of age. The kitchen features dated white appliances and older cabinetry, while the bathrooms retain older tile and fixtures. Although some flooring has been updated to laminate, the overall aesthetic and major components reflect a lack of recent comprehensive renovation, placing it firmly in the 'fair' category as a well-maintained but outdated unit.
Priced competitively at $275,000 in the high-demand Tempe market, this townhouse offers an excellent entry point for first-time buyers or investors seeking rental income.
The split floorplan maximizes privacy and utility, featuring an inside laundry room and a master suite with a spacious walk-in closet.
The property includes two rare covered parking spaces and provides access to community amenities including a swimming pool and expansive common grounds.
At 884 square feet, the living space is relatively compact for a two-bedroom unit, which may feel restrictive for some buyers.
The assigned elementary, middle, and high schools all carry lower performance ratings, which could be a deterrent for families prioritizing education.
THIS IS IT!!! MUST SEE, MUST SEE!!!!BEAUTIFUL 2 BEDROOM 1.75 BATHROOM THIS BEAUTIFUL TOWN HOME IS SO AFFORDABLE AND IS A GREAT INVESTMENT OPPORTUNITY. GREAT SPLIT FLOORPLAN WITH A HALL BATHROOM ALSO HAS AN INSIDE LAUNDRY.\ROOM. UNIT HAS LARGE CLOSETS AND BEATIFUL KITCHEN. NICE BIG MASTER BEDROOM WITH A WALK IN CLOSET. THIS PURCHASE INCLUDES TWO COVERED PARKING SPACES. THIS GREAT PROPERY WILL NOT LAST.!! THIS COMPLEX HAS A GREAT COMMUNITY POOL AND PLENTY OF SPACE TO PLAY IN THE COMMUNITY GROUNDS. MUST SEE!!! MUST SEEE!!!
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades 6-8 • 1.8 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 40% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 884 | 1,204 | 17% |
| Lot Size | 12,192 | 2,065 | 97% |
| Price | $275.0K | $330.0K | 33% |
| Price per sq ft | $311 | $252 | 80% |
| Built year | 1982 | 1973 | 83% |
| HOA | $297 | $205 | 97% |
| Days on market | 42 | 1662 | 3% |
Mar 11, 2026
$275,000
Initial Listing