
Tempe, AZ 85282
This Turnkey Townhouse presents a Prime Investment Opportunity, listed at $315,000—positioned well below the $324,134 Fair Market Value by 2%. This valuation gap offers $9,134 in Instant Equity for the buyer. With a Condition Rating of 3, the property features a modernized kitchen with quartz countertops and fresh updates throughout. Its proximity to ASU and major freeways ensures high rental demand, making this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1418 W LA JOLLA Drive Subject | $315,000* List Price | 3 | 3 | 1,223 | $265 | - |
A 320 W LAGUNA Drive Sold | $335,000 | 3 | 2 | 1,235 | $271 | 1.0 mi |
B 1615 W VILLAGE Way Sold | $240,000 | 3 | 2 | 1,152 | $208 | 0.2 mi |
C 822 W MALIBU Drive Sold | $320,000 | 3 | 2 | 1,088 | $294 | 0.6 mi |
D 2338 W Carson Drive Sold | $325,000 | 3 | 2 | 1,204 | $270 | 0.8 mi |
E 2338 W CARSON Drive Sold | $325,000 | 3 | 2 | 1,204 | $270 | 0.8 mi |
F 2338 W CARSON Drive Sold | $325,000 | 3 | 2 | 1,204 | $270 | 0.8 mi |
G 1438 W La Jolla Drive Active | $365,000 List Price | 3 | 3 | 1,250 | $292 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1984, the property has undergone recent renovations including a kitchen update with quartz countertops and new appliances, fresh interior paint, and new carpeting. The bathrooms appear well-maintained with updated fixtures, making the home fully functional and move-in ready.
The property is move-in ready with significant recent updates, including fresh interior paint, new carpeting, and a modernized kitchen featuring quartz countertops and new appliances.
Ideally situated near Arizona State University, Mill Avenue, and major freeways (US-60 and I-10), offering high appeal for students, commuters, and rental investors.
The private backyard features artificial grass, providing a clean and functional outdoor space that requires minimal upkeep, perfect for busy professionals or lock-and-leave residents.
The assigned elementary, middle, and high schools all carry a rating of 3, which may be a significant concern for families prioritizing public education quality.
With three bedrooms and three bathrooms condensed into 1,223 square feet, the living spaces and bedroom sizes may feel restrictive for larger households or those desiring spacious common areas.
Move-in ready Tempe townhome in an unbeatable location! Recent updates include fresh interior paint, brand new carpet, new light fixtures, and a bright kitchen featuring quartz countertops, a new dishwasher, beverage fridge, and all appliances included. Step outside to your private backyard with easy maintenance artificial grass, creating the perfect space to relax without the upkeep. Located just minutes from Downtown Tempe, Mill Avenue, and ASU. With quick access to the US-60 and I-10 freeways, this puts shopping, dining, entertainment, and commuting within easy reach. Whether you're looking for a primary residence, housing for your student who is attending Arizona State University, or an investment opportunity, this Tempe townhome offers comfort, convenience, and exceptional value.
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,223 | - |
| Lot Size | 90 | - |
| Price | $315.0K | $315.5K |
| Price per sq ft | $258 | $270 |
| Built year | 1984 | 0 |
| HOA | $280 | $0 |
| Days on market | 21 | 2203 |
Jul 1, 2026
$315,000
Initial Listing