410 W PARKWAY Boulevard, Tempe, AZ 85281, Tempe, 85281 - 4 bed, 3 bath
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Tempe, AZ 85281
This Versatile Mid-Century Residence is a Strong Value Opportunity, listed at $650,000—positioned well below the $697,338 Fair Market Value by 6%. This valuation gap provides $47,338 in Instant Equity. Boasting a Good Condition Rating, the home features a Refreshed Kitchen and new flooring, while the No HOA status and massive yard offer rare flexibility near ASU. Despite Lower School Ratings, the prime location ensures high rental demand. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 410 W PARKWAY Boulevard Subject | $650,000* List Price | 4 | 3 | 2,451 | $285 | - |
A 538 W 16TH Street Sold | $500,000 | 3 | 2 | 1,612 | $310 | 0.2 mi |
B 1245 W 11TH Street Sold | $480,000 | 4 | 2 | 1,503 | $319 | 0.8 mi |
C 1100 W 9TH Street Sold | $539,000 List Price | 3 | 2 | 1,588 | 0.8 mi | |
D 533 W 18TH Street Active | $650,000 List Price | 4 | 2 | 2,187 | $297 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent interior updates, including new carpeting, tile flooring, and a refreshed kitchen with stainless steel appliances and modern countertops. While the home was originally built in 1953, the bathrooms have been updated with contemporary vanities and fixtures. The presence of solar panels and the overall clean, updated interior state align with the 'good' category, as major components appear functional and the home has undergone meaningful partial renovations without requiring immediate repairs.
Situated in the heart of Tempe near Arizona State University and Mill Avenue, this property offers exceptional accessibility and high potential for rental income or student housing.
The home features meaningful modern updates including new carpet, tile flooring, and a refreshed kitchen with an overhead range, providing a strong move-in-ready foundation.
The absence of an HOA combined with a massive yard, detached garage, and extra parking slabs provides rare flexibility for storage, creative projects, or future expansions.
Dating back to 1953, the property's age may necessitate ongoing maintenance or updates to older mechanical systems not covered by recent cosmetic renovations.
The local elementary, middle, and high schools all carry a rating of 3, which may be a drawback for families prioritizing high-performing school districts.
Perfectly positioned in the heart of Tempe just moments from Arizona State University and the energy of Mill Avenue, this one of a kind property offers a rare opportunity to create something truly special. The home has a unique, character-filled layout with endless potential for the right vision. The home features meaningful upgrades including new carpet, new tile, and an updated kitchen with overhead range oven, providing a strong starting point while still leaving room to make it your own. Outside, a massive yard, detached garage, parking slabs, and no HOA create flexibility that's hard to find in this location. A property where creativity, lifestyle, and location come together - full of possibility in the heart of it all.
No exterior & parking available.
Grades PK-5 • 0.9 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 3.0 | 2.0 | 83% |
| Square foot | 2,451 | 1,552.5 | 97% |
| Lot Size | 6,804 | 7,050.5 | 47% |
| Price | $650.0K | $266.0K | 93% |
| Price per sq ft | $265 | $186 | 60% |
| Built year | 1953 | 1958 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 2129 | 3% |
Mar 13, 2026
$650,000
Initial Listing