1373 W THOMPSON Way, Chandler, AZ 85286, Chandler, 85286 - 4 bed, 3 bath
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Chandler, AZ 85286
This property presents a Strong Value Opportunity with a List Price of $580,000—positioned well below the $611,252 Fair Market Value by 5%. This valuation gap offers $31,252 in Instant Equity. Featuring a Condition Rating of 3, the home includes a New A/C Unit and New Carpet, ensuring a turnkey rental asset. Located near the Ocotillo Corridor, this property is ideal for Buy-and-Hold Investors or 1031 Exchange Buyers seeking immediate cash flow through June 2027.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1373 W THOMPSON Way Subject | $580,000* List Price | 4 | 3 | 2,072 | $295 | - |
A 1613 W GUNSTOCK Loop Sold | $655,000 | 3 | 2 | 1,872 | $350 | 0.5 mi |
B 1419 W HOMESTEAD Court Sold | $605,000 | 4 | 4 | 2,892 | $209 | 0.3 mi |
C 1152 W ORIOLE Way Sold | $539,000 List Price | 4 | 2 | 1,833 | 0.8 mi | |
D 1761 W DERRINGER Way Sold | $474,000 | 3 | 2 | 1,661 | $285 | 0.9 mi |
E 1311 W FLINTLOCK Way Sold | $448,000 List Price | 3 | 2 | 1,598 | 0.6 mi | |
F 1068 W SWAN Drive Sold | $469,500 List Price | 3 | 2 | 1,385 | 0.5 mi | |
G 1779 W Stonefield Drive Sold | $470,000 | 3 | 2 | 1,513 | $311 | 0.5 mi |
H 1114 W MULBERRY Drive Pending | $595,000 List Price | 4 | 2 | 2,035 | $292 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1997 (>20 years), the property is well-maintained and move-in ready. It features a brand-new HVAC system (2025) and new carpeting. The kitchen, while featuring dated oak cabinetry and tile, has been functionalized with stainless steel appliances and stone countertops, making it a turnkey investment.
Situated near the Ocotillo corridor and Price Road Technology Corridor, the property offers exceptional proximity to major global employers like Intel and Northrop Grumman, ensuring sustained property value and high rental demand.
The home features a brand-new A/C unit and new carpeting installed in 2025, providing significant peace of mind for a buyer by reducing immediate maintenance liabilities and improving energy efficiency.
The inclusion of a private swimming pool in the backyard is a premium feature for the Arizona market, significantly enhancing the home's lifestyle appeal and its competitiveness as a high-end rental.
With a tenant lease secured through June 2027, the property is unavailable for owner-occupants looking for a primary residence in the near term, effectively limiting the buyer pool to long-term investors.
Built in 1997, the property may soon require updates to original components such as the roof, plumbing, or kitchen finishes to maintain its market position against newer residential developments in Chandler.
INVESTOR OPPORTUNITY! IMMEDIATE CASH FLOW! OR Buy now, collect rent immediately, move later! Tenant in place through June 2027, providing immediate rental income and making this an ideal turnkey addition to your investment portfolio. Recent improvements include a NEW A/C UNIT ('25) and CARPET installed in Dec.'25. This spacious 4-bedroom, 2.5-bath home is located in one of Chandler's most sought-after areas, near the highly desirable Ocotillo corridor and within close proximity to major employment hubs including Intel, Northrop Grumman, PayPal, Wells Fargo, and the Price Road Technology Corridor. The two-story floor plan offers generous living space, while the backyard is designed for Arizona living with a private pool and ample room for entertaining, relaxing, or future enhancements. . Positioned near top-rated schools, shopping, dining, golf, parks, and convenient freeway access, this property offers the location and amenities that continue to attract long-term tenants and homeowners alike. Whether you're looking to expand your rental portfolio, complete a 1031 exchange, or secure your future Arizona home while generating income today, this Chandler property presents a rare opportunity in a consistently high-demand market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,072 | - |
| Lot Size | 6,055 | - |
| Price | $580.0K | $527.5K |
| Price per sq ft | $280 | $302 |
| Built year | 1997 | 0 |
| HOA | $149 | $0 |
| Days on market | 36 | 2748 |
Jun 16, 2026
$580,000
Initial Listing