1609 E WILLIAMS Street, Tempe, AZ 85281, Tempe, 85281 - 4 bed, 2 bath
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Tempe, AZ 85281
This Spacious Tempe Residence represents a High-Potential Investment Opportunity with a List Price of $480,000—positioned well below the $662,413 Fair Market Value by 27%. This significant valuation gap provides $182,413 in Instant Equity. While maintaining a Well-Maintained Condition Rating, the home features a modernized kitchen with quartz countertops and an expansive covered patio on a 10,502-square-foot lot. Its proximity to Arizona State University and top-rated schools like McClintock High ensures high rental demand. This asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1609 E WILLIAMS Street Subject | $480,000* List Price | 4 | 2 | 1,394 | $475 | - |
A 1348 E LEMON Street Sold | $449,000 | 3 | 2 | 1,300 | $345 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950, this property is well-maintained and move-in ready but shows signs of being outdated. While the kitchen has been partially updated with quartz countertops and stainless steel appliances, the cabinetry and overall interior layout reflect an older style. The home features a mix of laminate and concrete flooring and appears to have been maintained through regular upkeep rather than a recent, comprehensive renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10502, living area = 1394.
The property is ideally situated within walking or biking distance to Arizona State University and the Light Rail, offering excellent accessibility for students, faculty, and commuters.
The home sits on a large, 10,502-square-foot irrigated cul-de-sac lot featuring mature citrus trees and a park-like atmosphere, providing a rare private oasis in an urban setting.
Built in 1950, the property may require ongoing maintenance or future upgrades to aging infrastructure typical of homes from this era.
With four bedrooms and an office squeezed into 1,394 square feet, the individual room sizes and overall layout may feel restrictive for larger families.
Spring Opportunity! Just the right size 4 bedroom + 2 bath home on a beautiful, park-like, irrigated cul-de-sac lot. Feel cooler with grass and trees. Wood laminate flooring and custom concrete floors. Kitchen with quartz countertops, stainless appliances - gas range, refrigerator, dishwasher, breakfast bar, RO system. Two Full Baths. Office/Den overlooking backyard. Fabulous backyard with covered patio, two 14x10 block sheds, and block fencing. Citrus trees, fresh and delicious orange, tangerine, lime, and red grapefruit. A charming section of desert landscaping in back with a small saguaro cactus and desert loving plants. Neighborhood Park for walking the dog! Great Neighborhood Restaurants! Walking/Biking Distance to ASU and Light Rail. Easy freeway and airport access!
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,394 | 1,548 | 30% |
| Lot Size | 10,502 | 7,355 | 87% |
| Price | $480.0K | $266.0K | 80% |
| Price per sq ft | $344 | $186 | 83% |
| Built year | 1950 | 1958 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 2129 | 3% |
Mar 19, 2026
$480,000
Initial Listing