633 W SOUTHERN Avenue 1152, Tempe, AZ 85282, Tempe, 85282 - 2 bed, 2 bath
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Tempe, AZ 85282
This Modern Tempe Townhouse presents a High-Potential Investment Opportunity with a List Price of $327,000—positioned well above the $283,145 Fair Market Value by -15%. While priced above market, the property features a Mint Condition Rating with a Granite Kitchen and Private Backyard. Its proximity to Arizona State University ensures high rental demand, making it a strategic asset. Despite lower-rated local schools, the turnkey interior and functional layout offer immediate utility. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 633 W SOUTHERN Avenue 1152 Subject | $310,000* List Price | 2 | 2 | 972 | $286 | - |
A 822 W MALIBU Drive Pending | $325,000 List Price | 3 | 2 | 1,088 | $299 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1983, the property has undergone a comprehensive renovation within the last 5 years. The interior features a fully updated kitchen with granite countertops and stainless steel appliances, modern bathrooms with a glass-enclosed walk-in shower, and premium tile flooring throughout, placing it in mint, move-in-ready condition.
The property is fully updated with premium tile flooring, granite countertops, stainless steel appliances, and designer finishes, offering a move-in-ready experience.
Located in close proximity to Arizona State University, this condo is ideally positioned for high rental demand or convenient student/faculty housing.
The unit features a rare private backyard with a covered patio and mature orange tree, providing significantly more outdoor utility than typical area condominiums.
The assigned elementary, middle, and high schools all carry a rating of 3, which may be a deterrent for families and impact long-term appreciation.
Built in 1983, the property may face upcoming maintenance needs for older structural elements or community systems despite the modern interior cosmetic updates.
Huge price adjustment on an exceptionally stylish Tempe condo close to Arizona State University! Modern single-level split bedroom floor plan with vaulted ceilings, clerestory windows & open layout filled with natural light. Fully updated with premium tile flooring, glass enclosed walk in shower in primary bath, granite countertops, stainless appliances, satin nickel fixtures & designer finishes throughout. Spacious private backyard features covered patio, mature orange tree & extra storage room. Inside laundry/pantry, covered parking beside front door & outstanding functional layout. One of the most impressive condos in the area -- discover it & make it yours before it is gone. :)
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 38% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 972 | 1,352.5 | 13% |
| Lot Size | 1,032 | 2,522 | 25% |
| Price | $310.0K | $329.9K | 31% |
| Price per sq ft | $319 | $259 | 94% |
| Built year | 1983 | 1973 | 81% |
| HOA | $213 | $166 | 69% |
| Days on market | 43 | 2222 | 6% |
Jun 4, 2026
$310,000
$327,000
-5% Price Drop
Initial Listing
Apr 24, 2026
$327,000
Initial Listing