1445 E Broadway Road 119, Tempe, AZ 85282, Tempe, 85282 - 3 bed, 2 bath
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Tempe, AZ 85282
This 3-bedroom townhouse represents a Strong Value Opportunity, listed at $315,000—positioned well below the $321,000 Fair Market Value by 2%. This valuation gap provides $6,000 in Instant Equity. With a Condition Rating of 4, the property offers a functional split floor plan and community amenities like a pool and spa, though it requires cosmetic updates. Proximity to McClintock High School adds long-term stability. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add property in Tempe.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1445 E Broadway Road 119 Subject | $315,000* List Price | 3 | 2 | 1,413 | $227 | - |
A 1445 E BROADWAY Road 120 Active | $335,000 List Price | 3 | 2 | 1,413 | $237 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, the property is 28 years old. Per the criteria, homes over 20 years old without documented recent renovations are considered dated. While the exterior appears well-maintained, the kitchen, bathrooms, and major systems are likely original or past their prime, necessitating minor repairs or cosmetic updates.
The 3-bedroom layout features a desirable greatroom concept with a bedroom and full bath on the ground floor, offering excellent privacy and flexibility for roommates or multi-generational living.
Unlike many townhomes, this unit provides both a private single-car garage and an additional dedicated parking spot, significantly increasing convenience for multi-vehicle households.
Residents benefit from well-maintained community features including a pool, spa, and clubhouse, which enhance the lifestyle appeal and rental potential in the Tempe market.
The $400 monthly association fee is relatively high for this price point, which may impact buyer affordability and reduce the net cash flow for potential investors.
With a lot size of only 79 square feet, the property offers virtually no private yard or patio space, which may be a drawback for pet owners or those seeking outdoor privacy.
3 bedroom with 2 bathroom townhouse. Open floor plan with greatroom concept. One bedroom downstairs with one full bathroom, all split from each other. Single car garage plus one additional dedicated parking spot. Community pool/spa and clubhouse.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,413 | - |
| Lot Size | 79 | - |
| Price | $315.0K | $315.5K |
| Price per sq ft | $223 | $270 |
| Built year | 1998 | 0 |
| HOA | $400 | $0 |
| Days on market | 36 | 2203 |
Jun 16, 2026
$315,000
Initial Listing