1233 E WEBER Drive, Tempe, AZ 85288, Tempe, 85288 - 3 bed, 2 bath
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Tempe, AZ 85288
This Modernized Multi-Family Zoned Residence is listed at $539,000, positioned above the $493,348 Fair Market Value to account for its significant development upside. Holding a Condition Rating of 2, the interior features a full top-to-bottom remodel with a white shaker kitchen, quartz counters, and Camelback Mountain views. The oversized 7,336 sqft lot and multi-family zoning offer a rare opportunity to construct an additional income-generating unit. With a tenant in place until 2026, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1233 E WEBER Drive Subject | $539,000* List Price | 3 | 2 | 1,225 | $403 | - |
A 708 E TAYLOR Street Sold | $431,000 List Price | 3 | 2 | 1,129 | 0.9 mi | |
B 1707 N BRIDALWREATH Street Sold | $535,000 | 4 | 2 | 1,645 | $325 | 0.4 mi |
C 1425 N GENE Avenue Sold | $554,000 | 3 | 2 | 1,535 | $361 | 0.6 mi |
D 1409 N OLEANDER Street Active | $525,000 List Price | 3 | 2 | 1,235 | $425 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1957, the property has undergone a full top-to-bottom renovation within the last 5 years. The interior features a modern kitchen with quartz countertops and shaker cabinets, and the bathrooms showcase high-end contemporary tile work and fixtures, placing it in mint, move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7336, living area = 1225.
The property is ideally situated just 5 minutes from Tempe Marketplace and 7 minutes from Old Town Scottsdale, offering high desirability for both residents and renters.
A comprehensive top-to-bottom renovation featuring quartz countertops, white shaker cabinets, and a farm sink provides a modern aesthetic with no immediate capital expenditure required.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
A tenant is in place with an option to extend until July 2026, which may deter owner-occupant buyers looking for immediate residency.
At 1,225 square feet for a three-bedroom configuration, the interior living spaces and bedrooms may feel small compared to newer residential standards.
Location, location, location. Tenant in place. Tenant rent is optional to extend in July 2026. 7 minutes to Old town Scottsdale, 5 minutes Tempe Marketplace. Full remodel from top to bottom. Camelback Mountain Views from 2 of 3 bedrooms as well as the living room. White shakers kitchen with farm sink, stylish subway tile and quartz counters. Light open feel with a large window overlooking at backyard featuring a gazebo. Multi family zoning lot that is large enough to add an additional structure to generate rental income.
No exterior & parking available.
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 | 1,225 | 1,374 | 29% |
| Lot Size | 7,336 | 6,787 | 53% |
| Price | $539.0K | $420.0K | 71% |
| Price per sq ft | $440 | $325 | 82% |
| Built year | 1957 | 1961 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 1985 | 6% |
Apr 16, 2026
$539,000
Initial Listing