
Tempe, AZ 85282
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $599,900, which aligns closely with its $598,080 Fair Market Value. Featuring a Mint Condition Rating, this home includes modern smart home systems, updated plumbing, and a reverse osmosis system. With No HOA and an RV Gate, the property offers maximum flexibility for short-term rentals or primary living. Its proximity to ASU and Sky Harbor Airport ensures consistent demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready, income-generating asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 233 E ELLIS Drive Subject | $599,900* List Price | 4 | 2 | 2,148 | $278 | - |
A 501 E HERMOSA Drive Sold | $539,000 List Price | 3 | 2 | 1,642 | 0.5 mi | |
B 4526 S Terrace Road Sold | $525,000 | 4 | 2 | 1,732 | $303 | 0.9 mi |
C 434 E CARSON Drive Sold | $515,000 | 3 | 2 | 1,640 | $314 | 0.3 mi |
D 429 E GREENWAY Drive Sold | $689,000 List Price | 6 | 2 | 2,790 | 0.4 mi | |
E 4517 S GRANDVIEW Avenue Active | $549,900 List Price | 5 | 3 | 2,148 | $256 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a complete modern renovation within the last 5 years, featuring a fully updated kitchen with stainless steel appliances, remodeled bathrooms, updated plumbing, and smart home systems. It is in mint, turnkey condition.
The property is a proven 5-star Airbnb with all major renovations completed and furnishings available for purchase, offering an immediate income-generating opportunity for investors.
Beyond cosmetic remodeling, the home features significant functional upgrades including updated plumbing, smart home technology, a reverse osmosis system, and professional drip irrigation.
Situated near ASU and major freeways with no HOA restrictions and an RV gate, the property provides maximum flexibility and convenience for both residents and short-term guests.
Built in 1965, the property may have underlying aged structural components or original layout limitations that are not fully addressed by the recent surface-level renovations.
The close proximity to Sky Harbor Airport and the ASU campus may result in higher levels of aircraft noise and street traffic, which could be a drawback for some long-term buyers.
Welcome to this beautifully remodeled 4-bedroom, 2-bath home in the heart of Tempe, offering the perfect combination of style, convenience, and flexibility. No HOA! RV Gate! Every major renovation has already been completed, making this a truly move-in-ready home. Since purchasing the property, additional upgrades include a smart MyQ garage door opener, Honeywell smart thermostats, professionally installed drip irrigation, updated plumbing, reverse osmosis drinking water system, blackout shades in the bedrooms, and quality window treatments throughout. The low-maintenance landscaping allows you to spend more time enjoying the home and less time on yard work. This property is ideal as a primary residence, an Arizona State University student home, or an investment opportunity. It has been successfully operated as a highly rated 5-star Airbnb and is fully equipped to continue as a short-term rental if desired. The furnishings, décor, kitchenware, and housewares have all been thoughtfully selected to create a turnkey guest experience and are available for purchase separately, allowing a new owner to begin generating income immediately if permitted and desired. The spacious floor plan features an open living area, updated kitchen with modern appliances, and beautifully remodeled bathrooms. Whether you're looking for your next home or a ready-to-go investment property, this home offers exceptional versatility. Conveniently located near Arizona State University, Tempe Marketplace, major freeways, shopping, dining, and Sky Harbor Airport, this home combines an outstanding location with true turnkey convenience. Homes offering this level of renovation, smart home features, and investment potential rarely become available.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,148 | - |
| Lot Size | 8,359 | - |
| Price | $599.9K | $562.2K |
| Price per sq ft | $279 | $326 |
| Built year | 1965 | 0 |
| HOA | $0 | $0 |
| Days on market | 25 | 2615 |
Jun 27, 2026
$599,900
Initial Listing