
Tempe, AZ 85282
This Renovated Modern Industrial Townhouse is a Prime Investment Opportunity, listed at $395,000—positioned well below the $413,049 Fair Market Value by 4%. This valuation gap provides $18,049 in Instant Equity. Boasting an Excellent Condition Rating from a full 2021 renovation, the interior features quartz countertops, exposed brick, and stainless steel appliances. Located minutes from Arizona State University and the 7-rated Hudson Elementary, it ensures robust long-term demand. This asset is ideal for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1411 E SOUTHERN Avenue Subject | $385,000* List Price | 4 | 3 | 1,704 | $230 | - |
A 1621 E MALIBU Drive Sold | $385,000 | 4 | 3 | 1,704 | $226 | 0.1 mi |
B 3332 S ELM Street Sold | $366,000 | 3 | 3 | 1,704 | $215 | 0.1 mi |
C 1627 E LOGAN Drive Sold | $379,000 | 3 | 3 | 1,704 | $222 | 0.9 mi |
D 1616 E DONNER Drive Sold | $379,000 | 4 | 3 | 1,704 | $222 | 0.9 mi |
E 1617 E SOUTHERN Avenue Sold | $337,500 | 3 | 3 | 1,704 | $198 | 0.1 mi |
F 1724 E BAKER Drive Sold | $357,000 | 3 | 2 | 1,544 | $231 | 0.8 mi |
G 3147 S FAIRFIELD Drive Active | $469,500 List Price | 3 | 2 | 1,732 | $271 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a full renovation in 2021, which is within the 5-year threshold for an excellent rating. The interior features high-quality modern finishes, including quartz countertops, stainless steel appliances, updated cabinetry, contemporary light fixtures, and new flooring throughout. The bathrooms and kitchen are completely modernized, and the home shows no signs of deferred maintenance, presenting as virtually new.
The property underwent a complete 2021 renovation featuring a modern industrial aesthetic, quartz countertops, and stainless steel appliances, offering a turnkey experience for buyers.
Situated minutes from Arizona State University and major freeways, this home is ideally positioned for high rental demand, student housing, or urban professionals seeking convenience.
With 4 bedrooms and 3 bathrooms across 1,704 square feet, the layout provides significant space and flexibility rarely found in standard townhouse configurations.
Despite the high-end interior updates, the 1970 build year may present long-term maintenance challenges with original community infrastructure or older structural components.
The townhouse format and modest lot size offer minimal private yard space, which may be a drawback for buyers seeking extensive outdoor living or gardening areas.
Fully renovated in 2021 and packed with style, this Tempe gem is just minutes from Arizona State University, making it a prime opportunity for homeowners, investors, or student housing alike. Step inside to a modern industrial aesthetic featuring exposed brick accent walls, clean lines, and a striking open staircase that anchors the space. The updated kitchen showcases sleek cabinetry, quartz countertops, stainless steel appliances, and a functional layout that flows seamlessly into the main living areas--perfect for entertaining or everyday living. Fresh finishes throughout, updated flooring, and thoughtfully designed bathrooms bring a cohesive, move-in ready feel. Natural light pours in, giving the home a bright, open atmosphere that pairs perfectly with the contemporary design. Located near shopping, dining, and major freeways, this property offers both convenience and strong long-term potential in one of Tempe's most in-demand areas.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 90% |
| Baths | 3.0 | 2.0 | 70% |
| Square foot | 1,704 | 1,317.5 | 73% |
| Lot Size | 2,065 | 2,065 | 50% |
| Price | $385.0K | $332.4K | 77% |
| Price per sq ft | $226 | $239 | 43% |
| Built year | 1970 | 1972 | 33% |
| HOA | $240 | $205 | 87% |
| Days on market | 31 | 1662 | 3% |
Apr 16, 2026
$385,000
$395,000
-3% Price Drop
Initial Listing
Mar 23, 2026
$395,000
Initial Listing