
Tempe, AZ 85281
This Turnkey Single-Family Residence is a High-Potential Investment Opportunity, listed at $470,000—positioned well below the $643,067 Fair Market Value by 26%. This valuation gap offers $173,067 in Instant Equity. Boasting a Turnkey Condition Rating, the home features a modern kitchen with island and energy-efficient upgrades. Located minutes from ASU on a 7,889 sq ft lot with a covered patio, it balances lifestyle perks with massive equity. Despite Level 3 School Ratings at Holdeman Elementary and Tempe High, the location drives high rental demand. It is ideal for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1321 W 14TH Street Subject | $470,000* List Price | 3 | 2 | 1,192 | $539 | - |
A 538 W 16TH Street Sold | $500,000 | 3 | 2 | 1,612 | $310 | 0.6 mi |
B 1812 S SHAFER Drive Sold | $456,000 | 3 | 2 | 1,274 | $358 | 0.3 mi |
C 901 W 16TH Street Sold | $425,600 | 3 | 2 | 1,480 | $288 | 0.3 mi |
D 1245 W 11TH Street Sold | $480,000 | 4 | 2 | 1,503 | $319 | 0.3 mi |
E 517 W 17TH Street Sold | $420,000 | 3 | 2 | 1,260 | $333 | 0.8 mi |
F 1100 W 9TH Street Sold | $539,000 List Price | 3 | 2 | 1,588 | 0.6 mi | |
G 1215 S Judd Street Active | $499,000 List Price | 3 | 2 | 1,211 | $412 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1961, the property has been extensively and recently remodeled to a turnkey standard. It features a modern kitchen with an island, updated wood-look flooring, new shaker-style interior doors with modern hardware, energy-efficient dual-pane windows, and updated systems including central A/C. The interior and exterior show no signs of deferred maintenance, meeting the criteria for a fully renovated home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7889, living area = 1192.
Situated minutes from ASU in the heart of Tempe with no HOA restrictions, this property offers exceptional flexibility for both primary residents and investors seeking high rental demand.
The home features a fully remodeled kitchen with a central island and energy-efficient dual-pane windows, providing a contemporary, move-in-ready experience with updated systems like central A/C.
The assigned elementary, middle, and high schools all currently hold a rating of 3, which may be a significant drawback for families prioritizing high-performing educational zones.
With only 1,192 square feet to accommodate three bedrooms and two bathrooms, the interior living spaces and bedrooms may feel undersized compared to more modern residential layouts.
Beautifully remodeled 3-bed, 2-bath home just minutes from ASU in the heart of Tempe. This 1,192 sq ft single-story gem sits on a nearly 8,000 sq ft lot with no HOA. Enjoy a modern kitchen with island, dual-pane energy-efficient windows, and a covered patio with gazebo -- perfect for entertaining. Washer/dryer included. Central A/C, block fencing, and lush grass backyard with auto irrigation round out this turnkey property.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,192 | 1,548 | 17% |
| Lot Size | 7,889 | 7,355 | 70% |
| Price | $470.0K | $266.0K | 80% |
| Price per sq ft | $394 | $186 | 93% |
| Built year | 1961 | 1958 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 2129 | 3% |
Apr 1, 2026
$470,000
Initial Listing