2031 E CAIRO Drive, Tempe, AZ 85282, Tempe, 85282 - 3 bed, 2 bath
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Tempe, AZ 85282
This Turnkey Townhouse is a Strong Value Opportunity, listed at $479,000—positioned above the $449,350 Fair Market Value. While priced slightly above market, the property offers a Condition Rating of 3 with modern kitchen and bathroom renovations, ensuring a move-in ready experience. Located in the desirable Shalimar neighborhood, residents enjoy walking distance to top-rated schools like McClintock High School and Connolly Middle School. With no HOA fees and a relaxing back patio overlooking green space, this home is ideal for first-time buyers or owner-occupants seeking a stable, well-maintained lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2031 E CAIRO Drive Subject | $479,000* List Price | 3 | 2 | 1,759 | $255 | - |
A 1609 E MALIBU Drive Active | $370,999 List Price | 3 | 3 | 1,704 | $218 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1966, the property has undergone significant modern renovations. The kitchen and bathrooms feature updated cabinetry, stone countertops, and stainless steel appliances. The interior shows contemporary flooring and neutral paint, making it move-in ready and well-maintained, consistent with a 5-15 year renovation cycle.
Situated in a highly desirable Tempe neighborhood, the property offers walking distance to elementary, middle, and high schools, with quick access to ASU, the airport, and major freeways.
The absence of a Homeowners Association provides significant monthly cost savings and greater freedom for property personalization, a rare find for townhomes in this area.
This well-maintained home features modern upgrades, a private front courtyard, and a relaxing back patio, ensuring it is move-in ready for the next owner.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1966, the home may have aging infrastructure or systems that require more frequent maintenance compared to newer residential developments.
As a townhouse on a 4,796 sqft lot, the property offers less outdoor space and privacy than traditional single-family detached homes in the same price bracket.
Shalimar West - Fantastic Tempe location. Desirable neighborhood that has been around since the 1960's. Strong sense of community. All homes are distinct and unique. No HOA. Friendly neighbors who can be found walking the Shalimar neighborhood year-round. Easy access to all freeways, airport, ASU. Walking distance to elementary, middle, and high school. Well-maintained property, many upgrades, courtyard in front, relaxing patio in back. Home is ready to move in.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,759 | - |
| Lot Size | 4,796 | - |
| Price | $479.0K | $315.5K |
| Price per sq ft | $272 | $270 |
| Built year | 1966 | 0 |
| HOA | $0 | $0 |
| Days on market | 24 | 2203 |
Jun 28, 2026
$479,000
Initial Listing