1041 E LODGE Drive, Tempe, AZ 85283, Tempe, 85283 - 2 bed, 2 bath
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1041 E LODGE Drive
Tempe, AZ 85283
ACTIVE
CONDITION: FAIR
2Beds
2Baths
902Sq Ft
823Lot Size
Property Price
LIST PRICE$234,999
EST. MARKET VALUE
$232,126
SUMMARY
This townhome represents a Strong Value Opportunity, listed at $234,999—positioned slightly above the $232,127 Fair Market Value. While the property requires minor cosmetic updates to address its Condition Rating of 4, it features modern wood-look flooring and recessed lighting. Located minutes from ASU, the community offers a pool and tennis courts, providing high rental demand potential. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a functional, well-located residence with immediate personalization potential.
Estimated Market Value
$232,126
Based on Realkey algorithm analyzing recent comparable sales in Tempe.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1041 E LODGE Drive Subject | $234,999* List Price | 2 | 2 | 902 | $257 | - |
A 1026 E BENDIX Drive Sold | $276,000 | 2 | 2 | 1,020 | $271 | 0.1 mi |
B 925 E LODGE Drive Active | $244,000 List Price | 2 | 1 | 902 | $271 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1979, this townhome features some cosmetic updates such as wood-look flooring and recessed lighting. However, the kitchen cabinets, countertops, and overall finishes are dated and show signs of DIY styling, indicating it needs minor modern updates and repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
The property is situated just minutes from Arizona State University and offers easy access to major roads, making it an ideal location for students, faculty, or commuters.
- Modern Interior Finishes
The townhome features contemporary wood-look flooring, a designer paint palette, and recessed lighting, providing a move-in-ready aesthetic for the next owner.
- Community Amenities
Residents benefit from desirable community features including a pool and tennis courts, along with the added convenience of gated parking access and a private storage shed.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 902, other record living area = 1020.
- Limited Living Space
At 902 square feet, the interior layout is relatively compact, which may feel restrictive for buyers seeking more spacious living or storage areas.
- Bathroom Configuration
With only one full bathroom and a powder room, the property may present logistical challenges for roommates or households with multiple occupants.
About 1041 E LODGE Drive
Discover this charming 2-story townhome in the Park Premier South Community! Featuring 2 bedrooms, 1 bath + powder room, a brick-accent facade, and assigned parking. Inside, you'll find abundant natural light, a designer palette, and wood-look floors t/out. The inviting formal living room welcomes you! Further in, the eat-in kitchen is equipped with a pantry, recessed lights, ample cabinets, and built-in appliances. Sliding glass doors provide access to the back. The main bedroom includes two mirrored-door closets. Outside, the private patio offers space for relaxing or entertaining, while a separate storage shed adds functionality. Gated access leads directly to the parking area. Enjoy a community pool & tennis courts. Just minutes from ASU, and easy access to main roads. Don't miss this!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1979
- Lot Size
- 823 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $245 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 902 | 1,228.5 |
| Lot Size | 823 | 1,782.5 |
| Price | $235.0K | $327.5K |
| Price per sq ft | $261 | $263 |
| Built year | 1979 | 1981 |
| HOA | $245 | $263 |
| Days on market | 26 | 65 |
Pricing History
Listed for Sale
Aug 14, 2026
$234,999
Initial Listing