1905 E University Drive 257, Tempe, AZ 85288, Tempe, 85288 - 2 bed, 2 bath
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Tempe, AZ 85288
This Move-In Ready Townhouse is a Strong Value Opportunity, listed at $325,000—positioned well below the $364,907 Fair Market Value by 10%. This valuation gap offers $39,907 in Instant Equity for the buyer. Featuring a 2018 Remodel with Granite Kitchen counters and a New 2024 HVAC System, the property maintains a Good Condition Rating. Its prime location near ASU and major freeways ensures high rental demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey, high-utility asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1905 E University Drive 257 Subject | $325,000* List Price | 2 | 2 | 1,055 | $346 | - |
A 1905 E UNIVERSITY Drive 162 Active | $289,500 List Price | 2 | 2 | 1,084 | $267 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property underwent a significant remodel in 2018 (6 years ago) including granite countertops and updated vanities. It features a brand-new HVAC system installed in 2024 and is in move-in ready condition, fitting the 5-15 year renovation window for a Good rating.
The property is ideally situated near ASU, Tempe Marketplace, and major freeways, offering exceptional convenience for students, faculty, and commuters.
A brand new A/C unit installed in April 2024 provides immediate reliability and energy efficiency, which is a significant value-add in the Arizona climate.
The 2018 remodel features granite countertops, vaulted ceilings, and an end-unit position, creating a contemporary, bright, and private living environment.
Constructed in 1985, the complex may require more frequent long-term maintenance or lack the high-end amenities found in newer developments.
As a second-floor unit, the lack of ground-level access may be a drawback for buyers with mobility concerns or those seeking easier entry.
Beautifully upgraded 2nd floor end unit condo in well maintained complex. True 2nd bedroom has 2 closets. Remodeled in 2018 with granite counter tops in kitchen and bathrooms, newer vanities in both bathrooms, newer black kitchen appliances, spacious floor plan, vaulted ceiling, neutral paint, ceiling fans in both bedrooms and dining area, blinds throughout, Stacked washer/dryer in unit.. Covered parking space and plenty of unassigned parking. Conveniently located near ASU, Tempe Marketplace, Tempe Town Lake, downtown Tempe, Loops 101 and 202. Tenant pays for electric. NEW A/C AS OF APRIL 2024.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,055 | - |
| Lot Size | 127 | - |
| Price | $325.0K | $315.5K |
| Price per sq ft | $308 | $270 |
| Built year | 1985 | 0 |
| HOA | $291 | $0 |
| Days on market | 30 | 2203 |
Jun 22, 2026
$325,000
Initial Listing