
Tempe, AZ 85283
This Townhouse Asset is a High-Potential Investment Opportunity, listed at $375,000—positioned well above the $323,458 Fair Market Value by -15%. While the property requires capital for updates due to its Fair Condition Rating and 1987 infrastructure, its prime location near ASU and the 101 freeway ensures strong rental demand. Featuring a Split Bedroom Plan, Private Gated Courtyard, and Community Pool, it offers functional living space. This property is an ideal acquisition for Buy-and-Hold Investors or Value-Add Buyers seeking a strategic Tempe location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6734 S BRITTANY Lane Subject | $375,000* List Price | 2 | 2 | 1,073 | $301 | - |
A 324 W CARMEN Street Sold | $381,000 | 2 | 2 | 1,330 | $286 | 0.0 mi |
B 328 W LODGE Drive Active | $355,000 List Price | 2 | 2 | 1,070 | $332 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987 (37 years old), the property falls into the 'Fair' category as it is older than 20 years with mostly original or dated features. While the home is well-maintained and functional, the bathroom shows original 4x4 square tiling and integrated countertops, and the kitchen layout remains dated. It is move-in ready but requires cosmetic and system updates to meet modern standards.
The property boasts excellent proximity to Arizona State University, the Loop 101, and local shopping and dining, making it highly attractive for commuters and students.
The split bedroom layout paired with vaulted ceilings and an open great room provides enhanced privacy for guests and a spacious, airy feel throughout the home.
A private gated courtyard with artificial turf and a fenced backyard offer desirable outdoor living areas without the burden of high-water usage or intensive landscaping upkeep.
The assigned middle and high schools have lower performance ratings (3/10 and 5/10), which may be a concern for families prioritizing top-tier educational facilities.
Built in 1987, the property may require updates to major systems or interior finishes to compete with more modern developments in the Tempe area.
Ideal for location to University & 101 Beautiful townhome and tiled roof community. Private gated courtyard entrance~Nicely landscaped w no water artificial turf-Vaulted ceilings~Open floor plan~breakfast bar opens to Great room w/ frpl~Split bedroom plan for guest privacy~fenced backyard~Enjoy Spacious Private Community Pool (drive around to the center of the complex)~Close to shopping, restaurants, entertainment, parks
No exterior & parking available.
Grades PK-5 • 2.3 mi
Grades 6-8 • 1.8 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 | 1,073 | - |
| Lot Size | 3,115 | - |
| Price | $375.0K | $315.5K |
| Price per sq ft | $349 | $270 |
| Built year | 1987 | 0 |
| HOA | $207 | $0 |
| Days on market | 14 | 2203 |
Jul 8, 2026
$375,000
Initial Listing