
Tempe, AZ 85281
This property presents a High-Potential Investment Opportunity with a List Price of $409,000—positioned well below the $409,172 Fair Market Value by 0.04%. Featuring a Condition Rating of 3, the home offers a functional layout with a Granite Kitchen and a Covered Patio, providing a solid foundation for value-add renovations. While school ratings are modest, the proximity to ASU and major freeways ensures consistent rental demand. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through strategic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1711 S ROBERTS Road Subject | $409,000* List Price | 3 | 2 | 1,274 | $321 | - |
A 1812 S SHAFER Drive Sold | $456,000 | 3 | 2 | 1,274 | $358 | 0.2 mi |
B 538 W 16TH Street Sold | $500,000 | 3 | 2 | 1,612 | $310 | 0.4 mi |
C 901 W 16TH Street Sold | $425,600 | 3 | 2 | 1,480 | $288 | 0.1 mi |
D 1245 W 11TH Street Sold | $480,000 | 4 | 2 | 1,503 | $319 | 0.5 mi |
E 812 W PARKWAY Boulevard Active Under Contract | $485,000 List Price | 3 | 2 | 1,256 | $386 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1959, the property has undergone significant updates including a kitchen renovation with granite countertops and dark wood cabinetry likely performed 10-15 years ago. The interior features newer laminate flooring and fresh paint, making it functional and move-in ready. Although the bathrooms are dated and the listing suggests 'investor potential,' the overall condition meets the criteria for a well-maintained, mid-range renovation.
Situated in the heart of Tempe near ASU and major freeways (Loop 101 and 202), this property offers exceptional convenience and high rental demand for students and professionals.
With no HOA fees and a layout primed for renovation, this home presents a significant value-add opportunity for investors or buyers looking to build equity through personal touches.
The property features a large, low-maintenance backyard with a covered patio, providing a versatile and private space for outdoor living and entertaining.
Built in 1959 and marketed as a 'project' or 'opportunity,' the home likely requires substantial cosmetic and structural updates to meet modern living standards.
The assigned public schools for all levels currently hold a rating of 3, which may limit the property's appeal to families prioritizing high-performing educational districts.
Location! Location! Location! Situated in the heart of Tempe, this 3-bedroom, 2-bathroom home offers 1,274 square feet of opportunity and potential. Whether you're an investor searching for your next project or a buyer looking to create a home that reflects your personal style, this property is ready for your vision. Inside, you'll find a spacious family room and dining area that provide plenty of room for everyday living and entertaining. The kitchen offers an open layout with abundant walking space, making it functional and comfortable for preparing meals and gathering with family and friends. All three bedrooms are generously sized, offering flexibility for guests, a home office, or growing households. Step outside to enjoy the large, low-maintenance backyard featuring a covered patio, an ideal space for relaxing, entertaining, or creating your own outdoor retreat. Just minutes from ASU, this location makes an excellent investment opportunity while also appealing to first-time buyers, empty nesters, or anyone seeking convenient, low-maintenance living. With quick access to the Loop 101 and Loop 202, you'll be close to shopping, dining, entertainment, and everything that makes Tempe one of the Valley's most desirable places to live. Whether you're looking for a rental property, a starter home, or a chance to add your own personal touches, this Tempe gem is packed with potential. Schedule your private tour today!
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades 6-8 • 0.5 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 | 1,274 | - |
| Lot Size | 6,299 | - |
| Price | $409.0K | $562.2K |
| Price per sq ft | $321 | $326 |
| Built year | 1959 | 0 |
| HOA | $0 | $0 |
| Days on market | 33 | 2615 |
Jun 19, 2026
$409,000
Initial Listing