2174 E PALMCROFT Drive, Tempe, AZ 85282, Tempe, 85282 - 4 bed, 2 bath
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Tempe, AZ 85282
This Renovated Single-Family Residence is a Strong Value Opportunity, listed at $525,000—positioned well below the $567,807 Fair Market Value by 7%. This valuation gap offers $42,807 in Instant Equity. Boasting a Condition Rating of 2, the home features a Modernized Kitchen with Quartz Countertops and Wood-look Tile Flooring on a generous 8,825 Sqft Lot. Located near Arizona State University and McClintock High School, the property combines turnkey comfort with high rental potential. This is an ideal opportunity for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2174 E PALMCROFT Drive Subject | $525,000* List Price | 4 | 2 | 1,966 | $289 | - |
A 3233 S Lebanon Lane Sold | $559,950 List Price | 3 | 2 | 1,626 | 0.9 mi | |
B 2132 E BROADMOR Drive Pending | $589,000 List Price | 4 | 2 | 1,826 | $323 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1970, the property has undergone an extensive recent renovation within the last 5 years. The interior features a fully modernized kitchen with white shaker cabinets, quartz countertops, a large island, and stainless steel appliances. The home also boasts updated wood-look tile flooring, new carpeting, modern recessed and pendant lighting, and contemporary shaker-style doors throughout, meeting current market standards for a move-in ready, high-quality residence.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8825, living area = 1966.
Situated minutes from Arizona State University and Tempe Marketplace, this property is ideally positioned for high rental demand, student housing, or convenient urban living.
With four bedrooms and nearly 2,000 square feet of functional layout, the home easily accommodates roommates, multi-generational families, or a dedicated home office setup.
Built in 1970, the home likely requires capital expenditures for modernizing major systems and cosmetic finishes to meet contemporary buyer expectations and maximize value.
The assigned public schools carry average ratings (4-5), which may be a drawback for families specifically prioritizing top-tier educational districts.
Welcome to 2174 E Palmcroft Dr in the heart of Tempe. This 4-bed, 2-bath home offers 1,966 sq ft of functional living space with room to spread out--ideal for a primary residence, student rental, or investment opportunity. Located just minutes from Arizona State University, Tempe Marketplace, and major freeways, the location is hard to beat. Close enough to ASU for convenience, yet tucked away from the congestion. Inside features multiple living areas and a flexible layout for roommates, family, or a home office. The spacious lot offers room to entertain or add value over time. A solid option in a high-demand Tempe location.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,966 | 1,763.5 | 65% |
| Lot Size | 8,825 | 8,355 | 63% |
| Price | $525.0K | $412.5K | 68% |
| Price per sq ft | $267 | $252 | 57% |
| Built year | 1970 | 1969 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 2120 | 1% |
Apr 7, 2026
$525,000
Initial Listing