746 E STRAHAN Drive, Tempe, AZ 85283, Tempe, 85283 - 3 bed, 3 bath
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Tempe, AZ 85283
This Modernized Tempe Townhome represents a High-Potential Investment Opportunity, listed at $325,000—positioned well below the $368,343 Fair Market Value by 11%. This significant valuation gap secures $43,343 in Instant Equity for the buyer. Maintaining a Condition Rating of 3, the interior features a 2016 kitchen renovation with stone countertops and new bedroom carpeting. Located within walking distance of Marcos de Niza High School and minutes from ASU, the property offers a private patio and greenbelt views. It is a premier choice for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 746 E STRAHAN Drive Subject | $275,000* List Price | 3 | 3 | 1,452 | $205 | - |
A 738 E STRAHAN Drive Active Under Contract | $340,000 List Price | 3 | 2 | 1,452 | $234 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1972, the property features a kitchen renovation from 2016 (8 years ago) with modern shaker cabinets and stone countertops, falling within the 5-15 year renovation window. The interior is well-maintained with new carpet and updated flooring, making it move-in ready.
The property is ideally situated near ASU, major freeways including the US-60 and Loop 101, and top-rated schools, offering excellent connectivity for professionals and students.
Featuring a functional kitchen with 2016 updates, a farmhouse sink, and brand-new carpeting throughout the bedrooms, the home offers a refreshed and move-in-ready environment.
The HOA provides significant value by covering water, trash, and landscaping, while granting residents access to two community pools and a basketball court.
Built in 1972, the property may require more frequent maintenance or future capital improvements to older mechanical and structural systems compared to newer developments.
With a compact lot size of 1,327 square feet, the private outdoor area is restricted to a small patio, which may be a drawback for buyers seeking a traditional backyard.
Incredible opportunity! 50k price drop. Seller adjusted pricing to create a strong opportunity for today's buyer..... Fantastic value. Park Premiere's most desirable floorplan at 746 E Strahan Dr in Tempe offers smart design, privacy, and location. Functional kitchen with 2016 updates, farmhouse sink, and included appliances. Three bedrooms upstairs with new carpet. Private block-wall patio with large storage and two covered spaces at gated rear. Across from one of two pools; also a basketball court. HOA includes water, trash, landscaping. Near ASU, US-60, Loop 101/202, shopping, dining. Walk to Marcos de Niza High School; minutes to Corona del Sol High School. Near Ken McDonald Golf Course. Open living area offers easy flow and natural light. Central Tempe location keeps you close
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 60% |
| Baths | 3.0 | 2.0 | 80% |
| Square foot | 1,452 | 1,151 | 80% |
| Lot Size | 1,327 | 776 | 60% |
| Price | $275.0K | $315.0K | 40% |
| Price per sq ft | $189 | $274 | 40% |
| Built year | 1972 | 1975 | 20% |
| HOA | $265 | $260 | 60% |
| Days on market | 46 | 835 | 20% |
Apr 29, 2026
$275,000
$325,000
-15% Price Drop
Initial Listing
Apr 21, 2026
$325,000
Initial Listing