
Tempe, AZ 85281
This Turnkey Short-Term Rental Asset is listed at $612,500, positioned relative to its $588,349 Fair Market Value to reflect its established income-generating potential. Boasting an Excellent Condition Rating, the property features a Modernized Kitchen with Quartz Countertops, Vaulted Ceilings, a Covered Patio, and a Detached Garage with a rear-access gate. Located in a prime Tempe location near ASU with no HOA restrictions, the home offers high rental demand and immediate utility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, move-in-ready property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 726 W 19TH Street Subject | $600,000* List Price | 4 | 2 | 1,766 | $328 | - |
A 538 W 16TH Street Sold | $500,000 | 3 | 2 | 1,612 | $310 | 0.3 mi |
B 1100 W 9TH Street Sold | $539,000 List Price | 3 | 2 | 1,588 | 0.9 mi | |
C 901 W 16TH Street Sold | $425,600 | 3 | 2 | 1,480 | $288 | 0.3 mi |
D 1812 S SHAFER Drive Sold | $456,000 | 3 | 2 | 1,274 | $358 | 0.4 mi |
E 517 W 17TH Street Sold | $420,000 | 3 | 2 | 1,260 | $333 | 0.3 mi |
F 539 W 17TH Street Active | $585,000 List Price | 4 | 2 | 1,942 | $301 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1962, this property has undergone an extensive and high-quality renovation within the last 5 years, meeting the criteria for 'excellent' condition. The interior features a fully modernized kitchen with white Shaker cabinets, quartz countertops, and stainless steel appliances. The home boasts consistent wood-look tile flooring throughout, updated bathrooms with contemporary subway tile and fixtures, vaulted ceilings, and modern lighting. The property is presented as a turnkey, move-in-ready home with no visible deferred maintenance.
The property is a proven cash-flowing Airbnb with no HOA restrictions and the option to include all furniture, offering an immediate revenue stream for investors.
Extensive updates include a contemporary kitchen with quartz countertops and Shaker cabinets, vaulted ceilings, and a versatile primary suite with a private sitting room.
Ideally situated near ASU with easy freeway access, the lot features a rare detached garage and a large rear-access gate, providing excellent storage and accessibility.
The assigned elementary, middle, and high schools all carry a low rating of 3/10, which may limit appeal for families prioritizing top-tier education.
Originally built in 1962, the property may have underlying aging systems or structural elements that require more maintenance than a newer construction.
A rare investment gem, this updated 4-bed, 2-bath home is already cash-flowing as a successful Airbnb, with the seller willing to include all furniture! Featuring a detached garage with a large rear-access gate, NO HOA, and recent updates throughout, this property is both a move-in-ready home or a turnkey income opportunity. Enjoy timeless charm with desert landscaping and a welcoming covered front porch. Inside, the versatile floor plan offers a bright bay window, a spacious family room with vaulted ceilings, a cozy fireplace, and a stylish dry bar; ideal for entertaining. The beautifully updated kitchen features white Shaker cabinets, quartz countertops, an undermount sink, and a modern tile backsplash. Bedrooms are generously sized, including a comfortable primary suite with an en suite bath and a private sitting room. The backyard provides a perfect blend of relaxation and function with a covered patio, grassy yard, and the standout detached garage. All this in a prime location near ASU with easy freeway access - an excellent home or investment with unbeatable flexibility!
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,766 | 1,552.5 | 80% |
| Lot Size | 6,665 | 7,050.5 | 40% |
| Price | $600.0K | $266.0K | 90% |
| Price per sq ft | $340 | $186 | 83% |
| Built year | 1962 | 1958 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 75 | 2129 | 3% |
Apr 16, 2026
$600,000
$612,500
-2% Price Drop
Initial Listing
Feb 6, 2026
$612,500
Initial Listing