1301 W 15th Street, Tempe, AZ 85281, Tempe, 85281 - 3 bed, 2 bath
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Tempe, AZ 85281
This Single-Family Residence presents a High-Potential Investment Opportunity with a List Price of $350,000—positioned well below the $353,181 Fair Market Value by 0.9%. Featuring a Condition Rating of 4, the property offers significant peace of mind with a new roof, HVAC, and sewer line. The expansive 7,784 sq ft lot with RV Parking provides rare utility for this central Tempe location. This asset is ideal for Buy-and-Hold Investors or first-time buyers seeking a value-add project near ASU.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1301 W 15th Street Subject | $350,000* List Price | 3 | 2 | 1,166 | $303 | - |
A 1332 W 16th Street Active | $375,000 List Price | 3 | 2 | 1,222 | $307 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property features excellent recent system upgrades, including a new roof (2024), HVAC (2023), and sewer line (2026). However, the interior is dated, with the kitchen and bathrooms showing cabinetry and fixtures that appear over 20 years old, requiring cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7784, living area = 1166.
The property features a new roof (2024), new HVAC (2023), and a replaced main sewer line (2026), offering significant peace of mind and reducing immediate capital expenditure for the buyer.
Conveniently located near ASU, major freeways, and local amenities, this home is ideally positioned for high rental demand or easy commuting.
The home is marketed as a 'starter home ready for updates,' suggesting that the interior finishes may be dated and require additional investment to modernize.
The assigned elementary, middle, and high schools all carry a rating of 3/10, which may be a drawback for families prioritizing high-performing educational districts.
Spacious 3-bedroom, 2-bath single-level, block construction home in the heart of Tempe on a large 7,784 sq ft lot with RV Parking and HUGE RV Gate. They definitely don't make them like this anymore! Features tile flooring throughout, generously sized bedrooms, an updated shower in the primary bath, laundry/storage room includes washer and dryer, covered patio, and a large backyard with plenty of space for entertaining, pets, or storage. New roof in 2024, new HVAC in 2023, Main Sewer Line replaced in 2026. Conveniently located near shopping, dining, schools, ASU, and freeway access. This is the perfect starter home ready for you to update into your new home!
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,166 | - |
| Lot Size | 7,784 | - |
| Price | $350.0K | $562.2K |
| Price per sq ft | $300 | $326 |
| Built year | 1961 | 0 |
| HOA | $0 | $0 |
| Days on market | 22 | 2615 |
Jun 30, 2026
$350,000
Initial Listing