
Tempe, AZ 85282
This Unique Tempe Condo represents a stable entry into a high-demand market, listed at $230,000—aligning closely with its $229,768 Fair Market Value. Maintaining a Condition Rating of 4, the unit features functional yet dated finishes like laminate countertops and popcorn ceilings, providing a clear path for value-add modernization. Standout features include an Attached Garage, Vaulted Ceilings, and a Spiral Staircase leading to a spacious loft. Located minutes from ASU and Tempe Marketplace, it offers significant rental appeal. This property is perfectly suited for first-time buyers or Buy-and-Hold Investors.
Property is moderate renovation needed.
Built in 1985, this property is functional and maintained but shows significant signs of age with no major recent renovations. The kitchen features dated laminate countertops with wood-trimmed cabinetry and older white appliances. Interior finishes include popcorn ceilings and older carpeting, which are typical for a home of this era that has not been modernized.
Elementary School: Franklin Elementary School (9/10).
Ideally situated near ASU, Tempe Marketplace, and major freeways, this property offers exceptional convenience for students, faculty, and urban professionals.
The combination of vaulted ceilings and a spiral staircase leading to a spacious loft provides a versatile living area and a sense of volume rarely found in standard one-bedroom units.
The assigned public schools, specifically Roosevelt Elementary and Rhodes Junior High, carry low performance ratings, which may impact long-term appreciation and appeal to families.
Built in 1985, the unit may require capital improvements or modernization of major systems and finishes to remain competitive with newer developments in the Tempe area.
Fantastic Tempe condo with attached garage in a great location near ASU, Tempe Marketplace, Tempe Town Lake, and freeways. Features include vaulted ceilings, tile floors, ceiling fans, spacious kitchen with pull out drawers, and a spiral staircase to a large loft with deep closet. Enjoy the community pool, spa, and green spaces maintained by the HOA.
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades K-6 • 3.5 mi
Grades K-6 • 5.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 40% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 878 | 845 | 50% |
| Lot Size | 78 | 412 | 20% |
| Price | $230.0K | $0 | 70% |
| Price per sq ft | $262 | $0 | 60% |
| Built year | 1985 | 1984 | 60% |
| HOA | $310 | $212 | 80% |
| Days on market | 248 | 1257 | 20% |
Oct 2, 2025
$230,000
Initial Listing