315 S BECK Avenue, Tempe, AZ 85281, Tempe, 85281 - 4 bed, 2 bath
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Tempe, AZ 85281
This Hybrid Residential Asset is a Strong Value Opportunity, listed at $495,000—positioned above the $463,864 Fair Market Value. Despite the premium, the property features a Mint Condition Rating following a 2023 renovation, including a remodeled kitchen and studio casita. With current rental income of $2,500/mo and a prime location near ASU, this home offers significant house-hacking potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-generating property in a high-demand urban corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 315 S BECK Avenue Subject | $495,000* List Price | 4 | 2 | 1,200 | $387 | - |
A 1100 W 9TH Street Sold | $505,000 List Price | 3 | 2 | 1,588 | 0.4 mi | |
B 1100 W 9TH Street Sold | $539,000 List Price | 3 | 2 | 1,588 | 0.4 mi | |
C 1131 W ROMO JONES Street Pending | $435,000 List Price | 3 | 2 | 1,105 | $394 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1955, the property underwent a comprehensive renovation in 2023 (less than 5 years ago). This includes a fully remodeled kitchen with white shaker cabinets and quartz countertops, updated bathrooms with modern tile work, and newer major systems including the roof and HVAC. The interior features new flooring, paint, and fixtures throughout, meeting the criteria for mint condition.
The property includes a studio casita and is currently generating $2,500/month in rent, offering a turnkey investment or a house-hacking opportunity in a high-demand rental market.
Boasting an exceptional walkability score, the home is minutes from ASU, Mill Avenue, and the Light Rail, providing easy access to major employment hubs, dining, and entertainment.
Extensively updated in 2023 with a remodeled kitchen, new roof, new AC, and synthetic turf, significantly reducing the need for immediate capital expenditures.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1200, other record living area = 1737. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The 'drive-by only' restriction and presence of tenants limit the ability for traditional buyers to perform a comprehensive interior inspection before submitting an offer.
The assigned middle and high schools have lower performance ratings (3/10), which may deter long-term owner-occupants who prioritize public education quality.
Do NOT disturb tenants, DRIVE-BY ONLY! Rare opportunity to own a home in the heart of Tempe WITH A STUDIO CASITA - close to ASU! Very charming, low maintenance & UPDATED!! This would make a great rental investment (currently rented for $2,500/mo) or live in the home and rent the casita for rental income; or use the casita as you like! AMAZING LOCATION: A short 2 min walk to the Blue Orbitz Bus (with connections to the Light Rail) and Valley Metro Bus pickups! Less than a mile to the 202! Just a 5 min drive to Sky Harbor Airport, 10 min drive to Downtown Phoenix and Old Town Scottsdale! Only a 5 min walk to the Light Rail, Mill Ave restaurants, shopping and nightlife, Tempe Beach Park and the ASU campus! Large concrete rear patio and new synthetic grass yard - with lots of room for pets, play, entertaining and more. New in 2023: fully remodeled kitchen and casita; all new interior doors, hardware, blinds, lighting, ceiling fans, interior and exterior painting; and newer roof and AC! Open, bright and very well maintained. Vaulted ceilings, warm custom paint tones and attractive low maintenance tile flooring throughout. Kitchen boasts gas cooking, all newer white shaker cabinets with quartz countertops, undermount sink, and ample cabinet and counter space. Bedrooms are generously sized with ceiling fans in each, and closet organizers. Private indoor laundry. Fully enclosed front and rear yards with no fuss landscaping. No HOA. This gem is a great combination of style and location - see it and make it yours - won't last long!! More photos coming soon!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,200 | - |
| Lot Size | 5,580 | - |
| Price | $495.0K | $562.2K |
| Price per sq ft | $412 | $326 |
| Built year | 1955 | 0 |
| HOA | $0 | $0 |
| Days on market | 15 | 2615 |
Jul 7, 2026
$495,000
Initial Listing