22 E 15TH Street E, Tempe, AZ 85281, Tempe, 85281 - 3 bed, 2 bath
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Tempe, AZ 85281
This Meticulously Maintained Historic Residence in the University Park neighborhood is listed at $710,000. While priced above the $644,446 Fair Market Value, the valuation reflects the rare 0.35-acre lot and prime proximity to ASU. Boasting a Condition Rating of 3, this Move-in Ready home features a tastefully updated kitchen and private outdoor patio. Served by Broadmor Elementary, Connolly Middle, and Tempe High, the carriage house offers expansion potential. This is an ideal sanctuary for Owner-Occupants or ASU-area professionals seeking a character-rich lifestyle with unmatched urban privacy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22 E 15TH Street E Subject | $659,000* List Price | 3 | 2 | 1,235 | $507 | - |
A 1109 S ASH Avenue Sold | $785,000 | 3 | 2 | 1,638 | $479 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although originally built in 1948, the property is in move-in ready condition with no immediate renovations required. The listing and images confirm that major systems—including the roof, HVAC, and windows—have been updated. The interior features tastefully renovated kitchen and bathrooms, modern tile flooring, and updated light fixtures, while successfully preserving the home's original architectural character. The property is meticulously maintained with no signs of deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15577, living area = 1235.
Situated in the highly sought-after University Park neighborhood near ASU, this property sits on a rare 0.35-acre lot, providing exceptional privacy and outdoor space in a dense urban setting.
The home beautifully preserves 1948 architectural details like cove ceilings and plaster walls while featuring essential modern updates to the HVAC, roof, windows, and kitchen for move-in readiness.
At just 1,235 square feet for a three-bedroom home, the interior living areas may feel compact, especially given the premium price point and large lot size.
The property features a two-car carport rather than a fully enclosed garage, which may be a drawback for buyers prioritizing vehicle security and climate-controlled storage.
Back on the market! Small house- big lot- potential for large home addition or lot split Very special location in Tempe. Near ASU ADU or 2 or preserve home with potential historical benefits. Home has been vacant 4 plus years and inspection report can be shared with acceptable contract-home updated and maintained but NOT rebuilt! Very special opportunity in this 3BR/2B ASU/15th Street neighborhood. Lovely home on over 1/3 Acre in downtown Tempe-ASU'S Arcadia! This EPIC home, built in 1948 has many original features: cove ceilings, plaster walls, archways, built-ins, beamed ceilings in den/office, tongue & groove wood. Kitchen/Bath/Flooring all updated. Very private outdoor living with outdoor BBQ, Surrounded by mature lush & gorgeous trees. Attached Carriage house w/ laundry, Easy to show short notice is OK! see attached sketch of attached garage/ store room not in square footage. Could be very easy under roof addition to home!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 2.3 mi
Grades 9-12 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,235 | 1,548 | 17% |
| Lot Size | 15,577 | 7,355 | 97% |
| Price | $659.0K | $266.0K | 93% |
| Price per sq ft | $534 | $186 | 97% |
| Built year | 1948 | 1958 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 233 | 2129 | 20% |
Apr 16, 2026
$659,000
$710,000
-7% Price Drop
Initial Listing
Sep 1, 2025
$710,000
Initial Listing