
Tempe, AZ 85281
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $575,000—positioned above the $501,986 Fair Market Value. While priced above market, the property features an Excellent Condition Rating with comprehensive updates to the HVAC, roof, and kitchen completed within the last five years. The large 7,980 sqft lot with an RV gate and no HOA provides significant utility. Ideally located within walking distance to ASU, this property is a prime acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home near campus.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 611 W 11TH Street Subject | $575,000* List Price | 3 | 2 | 1,266 | $432 | - |
A 117 E VISTA DEL CERRO Drive Sold | $690,000 | 3 | 2 | 1,548 | $446 | 0.7 mi |
B 1812 S SHAFER Drive Sold | $456,000 | 3 | 2 | 1,274 | $358 | 0.8 mi |
C 1100 W 9TH Street Sold | $505,000 List Price | 3 | 2 | 1,588 | 0.5 mi | |
D 1100 W 9TH Street Sold | $539,000 List Price | 3 | 2 | 1,588 | 0.5 mi | |
E 1215 S Judd Street Active | $499,000 List Price | 3 | 2 | 1,211 | $412 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive renovation within the last 5 years, including the kitchen, bathrooms, flooring, windows, and doors. Major systems such as the HVAC and roof were also replaced approximately 5 years ago, meeting the criteria for excellent condition with modern finishes and no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7980, living area = 1266.
The property is situated within walking distance to Arizona State University, making it an ideal location for students, faculty, or investors seeking high rental demand.
Major high-cost items including the roof, HVAC unit, windows, kitchen, and bathrooms have been updated within the last five years, significantly reducing immediate maintenance concerns.
The assigned elementary, middle, and high schools all have a rating of 3, which may be a deterrent for families prioritizing high-performing educational districts.
With only 1,266 square feet of living space, the home's compact size and 1947 original footprint may feel restrictive for larger families or those seeking modern, open-concept layouts.
Beautiful home within walking distance to ASU. The home has had several updates over the last 5 years. These include the roof, the HVAC unit, flooring, bathrooms, kitchen, windows, paint and doors. Rear yard block wall fencing was replaced about 5 years ago, RV Gate, and large shed built in backyard. All with NO HOA!!
No exterior & parking available.
Grades PK-5 • 0.9 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,266 | - |
| Lot Size | 7,980 | - |
| Price | $575.0K | $562.2K |
| Price per sq ft | $454 | $326 |
| Built year | 1947 | 0 |
| HOA | $0 | $0 |
| Days on market | 44 | 2615 |
Jun 8, 2026
$575,000
Initial Listing