4627 S HANNA Drive, Tempe, AZ 85282, Tempe, 85282 - 3 bed, 2 bath
Loading property details...
This Single-Family Fixer-Upper is a strategic Value-Add Asset listed at $335,000. While the current $268,475 Fair Market Value reflects its Condition Score of 5, the property offers significant upside through a comprehensive modernization of its Aged 1976 Infrastructure. The 3-bedroom, 2-bathroom residence is situated on a 6,813 sqft lot, providing detached privacy and the benefit of Zero HOA Fees in a prime Tempe location. This project is ideally suited for Fix-and-Flip Investors or Buy-and-Hold Investors prepared to execute a full renovation to capture local market demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4627 S HANNA Drive Subject | $335,000* List Price | 3 | 2 | 1,258 | $213 | - |
A 3605 S CUTLER Drive Sold | $399,000 | 4 | 3 | 1,376 | $290 | 0.9 mi |
B 1145 W CARSON Drive Sold | $425,500 | 2 | 2 | 1,379 | $309 | 0.9 mi |
C 3623 S CUTLER Drive Pending | $349,900 List Price | 3 | 2 | 1,260 | $278 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1976 and marketed as an investor fixer-upper, the property requires a full remodel and substantial capital investment to address aged infrastructure and original systems that likely haven't been updated in over 40 years.
Situated in a highly desirable area of Tempe, the property offers excellent proximity to local amenities, schools, and major employment hubs, ensuring strong long-term value.
Priced competitively as a fixer-upper, this home presents a significant opportunity for investors or owner-occupants to build equity through a custom renovation.
Unlike neighboring townhouses, this single-family residence provides superior privacy on a 6,813 sqft lot with the added financial benefit of zero monthly association fees.
The property requires a full remodel to be modernized, which will necessitate a substantial upfront capital investment and construction oversight.
Built in 1976, the home likely features original systems and a dated floor plan that may not meet the expectations of modern turnkey buyers without significant structural updates.
This house is an amazing house for investors who want to remodel to their own liking and want a great deal. Located in one of the best spots in Tempe, it has everything nearby. For people who want their own privacy in a neighborhood full of crowded townhouses. Having 3 Bedrooms and 2-Baths makes it amazing for big families who want their kids to have their own room.
No exterior & parking available.
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 | 1,258 | 1,737 | 2% |
| Lot Size | 6,813 | 8,335.5 | 11% |
| Price | $335.0K | $404.5K | 45% |
| Price per sq ft | $266 | $252 | 55% |
| Built year | 1976 | 1969 | 88% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 2120 | 1% |
Apr 10, 2026
$335,000
Initial Listing