
Tempe, AZ 85282
This Modernized Dual-Suite Condo is a strategic acquisition listed at $275,000, aligning perfectly with its $275,000 Fair Market Value. The interior features brand new vinyl plank flooring, granite countertops, and a Fair Condition Rating that balances recent cosmetic updates with room for future value-add in the bathrooms. With a private patio and access to a community pool, the property is minutes from ASU and served by Hudson Elementary, Connolly Middle, and McClintock High School. This versatile unit is an ideal entry point for first-time buyers or Buy-and-Hold Investors seeking high rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2035 S ELM Street 138 Subject | $275,000* List Price | 2 | 2 | 999 | $275 | - |
A 1125 E BROADWAY Road 219 Sold | $218,000 List Price | 1 | 1 | 617 | 0.5 mi | |
B 1445 E Broadway Road 115 Active | $349,995 List Price | 2 | 2 | 1,046 | $335 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1983 (41 years old), the property has received recent cosmetic updates including brand new vinyl plank flooring, fresh paint, and granite kitchen countertops. However, the bathrooms and kitchen cabinetry remain dated (original 1980s style), and popcorn ceilings are visible throughout. While functional and move-in ready, the age of the unrenovated areas and lack of information on HVAC/electrical upgrades place it in the 'Fair' category.
The floor plan features two primary suites, making it an ideal setup for roommates, guests, or a high-yield rental property near Arizona State University.
The unit boasts brand new vinyl plank flooring, polished concrete, granite countertops, and updated paint, offering a move-in-ready aesthetic for buyers.
Centrally located near ASU, Tempe Town Lake, and major transit options, providing excellent accessibility and strong demand for students and professionals.
Built in 1983, the property may face challenges associated with older construction and community-wide maintenance compared to newer developments in the area.
With under 1,000 square feet for a two-bedroom unit, the interior may feel restrictive for buyers seeking a more spacious residential environment.
Brand new vinyl plank flooring throughout!! Seller just added last week!! Discover the perfect blend of style and functionality in this beautifully updated 2-bedroom, 2-bath condo in the heart of Tempe. Designed with convenience and comfort in mind, this home features dual primary suites--ideal for roommates, guests, or a flexible home office setup. Step inside to polished concrete floors that add a modern edge, complemented by an open-concept living space filled with natural light and updated paint throughout. The kitchen flows seamlessly into the living and dining areas, with granite countertops with a breakfast bar, a new dishwasher, and refinished cabinets. Enjoy the ease of in-unit laundry, ample closet space, and sliding glass doors off of the primary suite that open to a spacious private patioyour own outdoor retreat for morning coffee or evening cocktails. Centrally located near Arizona State University, Tempe Town Lake, and all the shopping, dining, and entertainment options of downtown Tempe and only a few miles from the new Mesa Asian District. Easy access to freeways and light rail makes commuting a breeze. The layout of this condo makes it perfect for an investor, a parent looking to invest while their child is School at ASU, or an ASU employee looking to get their foot in the door at ASU!
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 1.5 | 50% |
| Square foot | 999 | 905.5 | 50% |
| Lot Size | 1,043 | 676 | 80% |
| Price | $275.0K | $0 | 90% |
| Price per sq ft | $275 | $0 | 60% |
| Built year | 1983 | 1984 | 40% |
| HOA | $290 | $212 | 70% |
| Days on market | 326 | 1266 | 20% |
Jul 25, 2025
$275,000
Initial Listing