
Tempe, AZ 85283
This Turn-Key Townhouse represents a Prime Investment Opportunity, listed at a List Price of $375,000—positioned well below the $389,857 Fair Market Value by 3%. This valuation gap provides $14,857 in Instant Equity. With a Mint Condition Rating due to recent renovations, including new windows and appliances, the property offers immediate stability. Located near Tempe amenities, it is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, move-in ready residence with minimal HOA overhead.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 531 W OXFORD Drive Subject | $375,000* List Price | 2 | 2 | 1,120 | $348 | - |
A 352 W Carmen Street Active | $359,000 List Price | 2 | 2 | 949 | $378 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a comprehensive recent renovation (under 5 years) including fresh interior/exterior paint, new flooring, updated bathrooms, new windows, and brand-new kitchen appliances, resulting in a mint-condition, move-in ready home despite the 1982 build date.
The property is move-in ready with extensive quality updates, including fresh interior and exterior paint, new flooring, updated countertops, and brand-new kitchen appliances.
With HOA dues at only $67 per month, this home offers exceptional value and significantly lower monthly overhead compared to similar townhome communities in Tempe.
The inclusion of new windows throughout the home provides improved insulation and potential energy savings, which is a major asset in the Arizona climate.
The assigned elementary and middle schools carry a rating of 4/10, which may be a consideration for families prioritizing high-performing educational districts.
At 1,120 square feet on a modest lot, the property offers a more compact footprint that may not suit buyers looking for larger indoor or outdoor areas.
Move-in ready 2-bedroom, 2-bath townhouse with quality updates throughout. Fresh interior and exterior paint, new flooring, updated countertops, updated bathrooms, new windows and brand-new kitchen appliances create a clean, modern feel. The functional split floor plan offers comfortable living and low-maintenance living. Low HOA dues add to the home's value. Conveniently located near shopping, dining, parks, and freeway access. A great opportunity for a primary residence, seasonal home, or investment property.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,120 | - |
| Lot Size | 3,319 | - |
| Price | $375.0K | $562.2K |
| Price per sq ft | $335 | $326 |
| Built year | 1982 | 0 |
| HOA | $67 | $0 |
| Days on market | 10 | 2615 |
Jul 12, 2026
$375,000
Initial Listing