1245 W 1ST Street 219, Tempe, AZ 85281, Tempe, 85281 - 2 bed, 2 bath
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Tempe, AZ 85281
This Turnkey Townhouse is a Strong Value Opportunity, listed at $325,000—positioned slightly above the $318,952 Fair Market Value. Despite the minor premium, the property maintains an Excellent Condition Rating following a comprehensive high-end renovation, including a Chef's Kitchen and Modern Finishes. Its strategic location near ASU and major freeways ensures high rental demand, making it a stable asset. This property is an ideal acquisition for Buy-and-Hold Investors seeking immediate rental income or Owner-Occupants prioritizing a move-in-ready lifestyle in the heart of Tempe.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1245 W 1ST Street 219 Subject | $315,000* List Price | 2 | 2 | 897 | $349 | - |
A 1245 W 1ST Street 125 Active | $308,000 List Price | 2 | 2 | 984 | $313 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive high-end renovation within the last 5 years. It features a modern chef's kitchen with quartz countertops and stainless appliances, fully updated bathrooms with contemporary tile work, and new recessed lighting and flooring throughout, placing it in mint, move-in-ready condition.
The property features high-end renovations including a chef's kitchen with quartz countertops, stainless steel appliances, and stylish wood-look flooring, offering a move-in-ready experience.
Situated in the heart of Tempe near ASU, major freeways, and vibrant dining districts, this home provides exceptional convenience and high desirability for urban dwellers.
With its proximity to the university and modern aesthetic, the property presents a strong opportunity for use as a high-demand short-term rental or a low-maintenance primary residence.
At just 897 square feet for a two-bedroom layout, the interior living space is relatively small, which may limit appeal for those seeking more spacious accommodations.
The assigned middle and high schools currently hold lower performance ratings (3/10), which could be a significant consideration for families prioritizing educational district quality.
Beautifully renovated Tempe home with a bright open-concept design and high-end modern finishes throughout. The stunning chef's kitchen features quartz countertops, stainless steel appliances, custom cabinetry, and an oversized island perfect for entertaining. Warm wood-look flooring, recessed lighting, and a stylish fireplace accent wall create a clean, inviting atmosphere. Ideally located near ASU, shopping, dining, and major freeways, this home offers exceptional convenience and strong potential as a short-term rental or primary residence.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 897 | 1,063.5 | 50% |
| Lot Size | 89 | 1,373 | 13% |
| Price | $315.0K | $67.5K | 88% |
| Price per sq ft | $351 | $78 | 88% |
| Built year | 1985 | 1986 | 50% |
| HOA | $224 | $196 | 63% |
| Days on market | 16 | 2627 | 13% |
Jun 4, 2026
$315,000
$319,900
-2% Price Drop
Initial Listing
May 31, 2026
$319,900
$325,000
-2% Price Drop
Initial Listing
May 21, 2026
$325,000
Initial Listing