1101 E MCKELLIPS Road, Tempe, AZ 85288, Tempe, 85288 - 4 bed, 2 bath
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Tempe, AZ 85288
This North Tempe residence represents a Prime Investment Opportunity, listed at $459,900—positioned well below the $471,899 Fair Market Value by 2%. This valuation gap provides $11,999 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Granite Kitchen and remodeled baths. Its proximity to ASU and major transit hubs ensures high rental demand. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with significant long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1101 E MCKELLIPS Road Subject | $459,900* List Price | 4 | 2 | 1,428 | $330 | - |
A 955 E MARIGOLD Lane Sold | $595,000 | 3 | 2 | 1,551 | $384 | 0.3 mi |
B 708 E TAYLOR Street Sold | $431,000 List Price | 3 | 2 | 1,129 | 0.5 mi | |
C 123 E CONTINENTAL Drive Sold | $450,000 | 3 | 2 | 1,344 | $335 | 1.0 mi |
D 503 E TAYLOR Street Sold | $561,000 | 5 | 2 | 1,768 | $317 | 0.6 mi |
E 945 E LILAC Drive Active | $500,000 List Price | 4 | 2 | 1,486 | $336 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the home was built in 1966, it has undergone significant renovations including an updated kitchen with granite countertops and stainless appliances, remodeled bathrooms with tile work, and the installation of dual-pane windows. These updates appear to be within the 5-15 year range, making the property well-maintained and move-in ready.
The property is ideally situated minutes from ASU, Tempe Town Lake, and Old Town Scottsdale, offering high desirability for students, professionals, and short-term rental investors.
The home features a remodeled kitchen with granite countertops and stainless steel appliances, along with fully updated bathrooms and energy-efficient dual-pane windows.
Situated on a spacious corner lot, the property boasts professionally designed front and backyard landscaping, providing immediate curb appeal and a functional outdoor retreat.
With four bedrooms configured within 1,428 square feet, individual room sizes may feel cramped, potentially limiting appeal for buyers prioritizing spacious living quarters.
Built in 1966, the home may possess aging core infrastructure or systems that could require maintenance or further investment beyond the recent cosmetic updates.
Opportunity awaits in Tempe! This 4-bedroom, 2-bath home sits on a spacious corner lot and offers 1,428 sq ft of comfortable living space with endless potential. The functional floor plan provides generous living areas, while the large lot offers room to personalize, entertain, or create your ideal outdoor retreat. The front and backyard landscaping have both been professionally designed. Updated kitchen with red cabinets, granite countertops, stainless appliances and white tile backsplash. All bathrooms have been remodeled and have tiled showers, tile flooring, and dual pane windows installed. Located just minutes from Arizona State University, Tempe Town Lake, Old Town Scottsdale, Phoenix Sky Harbor Airport, shopping, dining, parks, and major freeways, this home is perfectly positioned for homeowners, students, or investors. Whether you're searching for a primary residence, rental property, or value-add opportunity, this North Tempe home combines location, convenience, and potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,428 | - |
| Lot Size | 6,564 | - |
| Price | $459.9K | $562.2K |
| Price per sq ft | $322 | $326 |
| Built year | 1966 | 0 |
| HOA | $0 | $0 |
| Days on market | 5 | 2615 |
Jul 17, 2026
$459,900
Initial Listing