
Tempe, AZ 85282
This 3-bedroom townhome represents a Strong Value Opportunity, listed at $345,000—positioned well above the $324,386 Fair Market Value by 6%. While priced slightly above market, the property offers a Fair Condition Rating with recent upgrades including fresh paint, new carpet, and a Granite Kitchen. Its strategic location near ASU and light rail ensures high rental demand. Featuring a private patio and gated community amenities, this home is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey, transit-oriented residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1445 E BROADWAY Road 120 Subject | $345,000* List Price | 3 | 2 | 1,413 | $230 | - |
A 1445 E BROADWAY Road 116 Pending | $354,000 List Price | 3 | 2 | 1,413 | $251 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998 (26 years old), the property falls into the 'Fair' category based on age. While it features recent cosmetic refreshes like new paint, carpet, and select appliances, the core elements including the light wood cabinetry and granite tile countertops are dated. It is move-in ready but requires modern updates to the kitchen and bathrooms to reach a higher rating.
Situated minutes from ASU and major transit like the light rail, this property offers exceptional convenience for students and professionals, ensuring high rental demand and long-term equity.
The home features fresh interior paint, new carpeting, and upcoming new appliances, providing a move-in-ready experience that minimizes immediate post-purchase renovation costs.
As an end-unit with soaring ceilings and a downstairs bedroom/bathroom, the floor plan offers superior natural light, privacy, and flexibility for multi-generational living or roommates.
The $400 monthly HOA fee is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for potential buyers.
With only a single-car garage for a three-bedroom residence, parking may be a challenge for households with multiple vehicles, despite the inclusion of one additional assigned space.
This charming 3-bedroom, 2-bathroom end-unit townhome in a gated community offers an unbeatable Tempe lifestyle near Arizona State University, shopping, restaurants, and transportation options. As you enter the home, you are welcomed by soaring ceilings and abundant natural light, creating an open and inviting feel. Just outside, enjoy a generously sized private patio enclosed by a high block wall, perfect for relaxing, entertaining, or enjoying added privacy. The desirable floor plan includes one bedroom and a full bath downstairs, with two additional bedrooms and another full bath upstairs. All bedrooms feature walk-in closets, and the home offers exceptional storage throughout. Freshly updated with new interior paint and carpet, this move-in-ready home will also feature . . . new 2" wood blinds in the great room. The open kitchen overlooks the spacious great room and features granite tile countertops and light wood cabinetry, creating a bright and functional living space. A full-sized washer and dryer are conveniently located inside the unit with added cabinetry above for extra storage. The attached single-car garage provides direct access into the home, plus there is one additional assigned parking space and ample guest parking nearby. Residents enjoy a gated community with a sparkling pool and hot tub, ideal for easy lock-and-leave living. Located just minutes from the free Orbit shuttle, streetcar, and light rail, this home offers quick access to Downtown Phoenix, sports venues, entertainment, and more. Enjoy an easy bike ride to downtown Tempe, campus, and Tempe Town Lake, along with nearby parks perfect for dog walking and outdoor recreation. Close proximity to grocery stores and everyday conveniences makes this an ideal primary residence, investment property, or a smart opportunity to purchase for a student while building long-term equity. This little treasure is not to be missed!
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,413 | 1,457 | 50% |
| Lot Size | 80 | 2,522 | 25% |
| Price | $345.0K | $339.9K | 50% |
| Price per sq ft | $244 | $246 | 50% |
| Built year | 1998 | 1973 | 94% |
| HOA | $400 | $166 | 94% |
| Days on market | 22 | 2222 | 6% |
May 15, 2026
$345,000
Initial Listing