1522 W 7TH Street, Tempe, AZ 85281, Tempe, 85281 - 4 bed, 2 bath
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Tempe, AZ 85281
This Value-Add Residential Asset is listed at $440,000, positioned above its $380,477 Fair Market Value due to its rare 4-bedroom layout in a high-demand Tempe pocket. Currently holding a Condition Score of 5, the property functions as a vintage time capsule requiring a full-scale interior rehab of the oak cabinetry and vintage systems to meet modern standards. The covered patio and proximity to Scales Technology Academy and Gililland Middle School provide a solid foundation for long-term rental demand. This is a strategic acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors targeting forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1522 W 7TH Street Subject | $440,000* List Price | 4 | 2 | 1,474 | $258 | - |
A 1245 W 11TH Street Sold | $480,000 | 4 | 2 | 1,503 | $319 | 0.6 mi |
B 1245 W 9th Street Sold | $480,000 | 3 | 2 | 1,501 | $320 | 0.4 mi |
C 1554 W 5TH Place Pending | $419,000 List Price | 4 | 2 | 1,596 | $263 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1962 with no evidence of significant renovations in over 30 years. The interior is a time capsule featuring original-style oak cabinets, dated white appliances, vintage linoleum flooring, floral wallpaper, and popcorn ceilings. While functional, the property requires a full rehab of the kitchen, bathrooms, and likely major systems to meet modern standards.
The property offers a rare four-bedroom configuration for its square footage, providing excellent versatility for families or high rental demand in the Tempe market.
The backyard features a covered patio and ample seating space, creating a functional outdoor extension of the home perfect for entertaining in the Arizona climate.
Located within walking distance to Scales Technology Academy and Gililland Middle School, this home is ideally positioned for families prioritizing convenient educational access.
The presence of linoleum flooring and older oak cabinetry suggests the interior requires cosmetic modernization to appeal to contemporary buyer preferences.
Built in 1962, the property may necessitate updates to major systems and general maintenance typical of homes from this era to ensure long-term efficiency.
Fall in love with this charming 4-bedroom home! Explore the spacious living areas perfect for entertaining and comfortable everyday living, featuring carpeting underfoot, linoleum in all the right places, a brick fireplace to keep you warm, and earthy colors that create a cozy ambiance throughout. Whip up your signature dishes in the well-appointed kitchen, complete with oak cabinets, plenty of counter space, and essential appliances. Get a good night's sleep in the main retreat, offering a private bathroom for extra comfort. Gather with your loved ones in the backyard for fun evenings, including a covered patio and ample seating space. Make it yours now!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,474 | 1,546 | 30% |
| Lot Size | 6,573 | 6,682 | 43% |
| Price | $440.0K | $0 | 65% |
| Price per sq ft | $299 | $0 | 70% |
| Built year | 1962 | 1959 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 2174 | 4% |
Apr 23, 2026
$440,000
Initial Listing