2132 E Tulane Drive, Tempe, AZ 85283, Tempe, 85283 - 3 bed, 2 bath
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Tempe, AZ 85283
This Turnkey Residential Asset is listed at $525,000—positioned below the $528,661 Fair Market Value by 1%. This stable valuation provides $3,661 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the home features modern granite countertops, updated laminate flooring, and High Available Lot Utilization on a 7,418 sqft lot. The property is professionally managed, offering a seamless transition for buyers. With a diving pool, AZ room, and no HOA fees, it balances financial performance with premium lifestyle perks. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2132 E Tulane Drive Subject | $505,000* List Price | 3 | 2 | 1,647 | $307 | - |
A 2176 E Apollo Avenue Sold | $605,000 List Price | 3 | 2 | 1,638 | 0.3 mi | |
B 1849 E WATSON Drive Sold | $540,000 | 4 | 2 | 1,971 | $274 | 0.9 mi |
C 2036 E Gemini Drive Sold | $600,000 | 3 | 2 | 2,132 | $281 | 0.6 mi |
D 1916 E MAGDALENA Drive Sold | $655,000 List Price | 4 | 2 | 2,070 | 0.7 mi | |
E 2030 E Colgate Drive Pending | $530,000 List Price | 3 | 2 | 1,741 | $304 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant cosmetic updates, including modern granite countertops and updated laminate flooring in the main living areas. While the 1976 construction is evident in the dated kitchen lighting and older built-in appliances, the overall condition is well-maintained, clean, and marketed as a turnkey investment.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7418, living area = 1647.
The property is professionally managed and marketed as a turnkey opportunity, making it an ideal acquisition for investors seeking immediate rental income with minimal setup.
The large backyard features a diving pool, an Arizona room, and vegetable planters, offering a high-value outdoor living space that is highly sought after in the Arizona market.
Built in 1976, the property may have aging underlying systems such as plumbing or electrical that could necessitate future maintenance despite recent cosmetic remodeling.
The use of carpet in all bedrooms may be a drawback for some buyers or renters who prefer consistent hard-surface flooring for easier maintenance and modern aesthetics.
Discover a beautiful 3bed 2bath home in a prime Tempe location near Baseline and 101. This spacious home features a thoughtfully designed floor plan with both a living room and a cozy family room with a fireplace, providing plenty of space for relaxing and entertaining. Recent updates include beautiful laminate flooring throughout main living areas, with generously sized bedrooms. The refrigerator, washer, and dryer are all included, making your move even easier. Step outside to a large backyard oasis featuring a sparkling pool, a versatile Arizona room with direct backyard access and raised planters perfect for growing your own vegetables or flowers. Conveniently located near shopping, dining, parks, and major freeways, this home offers the perfect blend of comfort, style, and locat
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,647 | - |
| Lot Size | 7,418 | - |
| Price | $505.0K | $562.2K |
| Price per sq ft | $307 | $326 |
| Built year | 1976 | 0 |
| HOA | $0 | $0 |
| Days on market | 138 | 2615 |
Jun 27, 2026
$505,000
$525,000
-4% Price Drop
Initial Listing
Mar 6, 2026
$525,000
Initial Listing