826 W 12TH Street, Tempe, AZ 85281, Tempe, 85281 - 5 bed, 6 bath
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Tempe, AZ 85281
This New Construction 5-Bedroom Residence is a High-Potential Investment Opportunity listed at $929,000, reflecting its premium status near ASU compared to the $886,081 Fair Market Value. Boasting a Condition Rating of 2, this 2026 build features ensuite bathrooms for every bedroom and a modern kitchen, ensuring a turnkey experience. While local schools like Gililland Middle carry a rating of 3, the property’s proximity to the university drives immense demand. This versatile asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 826 W 12TH Street Subject | $929,000* List Price | 5 | 6 | 2,471 | $359 | - |
A 415 S ROBERT Road S Active | $785,000 List Price | 5 | 3 | 2,530 | $310 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a brand-new 2026 construction featuring modern architectural design and high-end finishes throughout. The interior boasts a contemporary open-concept kitchen with a large island, stainless steel appliances, and designer light fixtures. With vaulted ceilings, new flooring, and all-new mechanical systems, the home meets the highest quality standards with no deferred maintenance.
As a 2026 build, this property offers the reliability of brand-new systems and contemporary finishes, providing a turnkey, low-maintenance lifestyle for the first owner.
The 5-bedroom layout with ensuite bathrooms, combined with its prime location near ASU, makes this an exceptional asset for high-yield student housing or short-term rental strategies.
The floor plan maximizes privacy and functionality by offering a private bathroom for every bedroom, a premium feature that appeals to both large families and sophisticated investors.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2471, other record living area = 1120.
The assigned elementary, middle, and high schools all carry a rating of 3/10, which may limit the property's appeal to families prioritizing top-tier public education.
With completion not expected until 2026, the property is unavailable for immediate move-in, which may be a deterrent for buyers with urgent relocation needs.
Completely reimagined new construction in the heart of Tempe. This 5 bedroom, 5.5 bathroom home offers 2,471 square feet of thoughtfully designed living space with all new systems, finishes, and construction to be completed in 2026. 3.20.26 - This gorgeous new home is approximately 7 weeks from completion. Ideally located near ASU, the property presents an exceptional opportunity for both owner-occupants and investors. Spacious layout with ensuite bedrooms, modern kitchen, and ample storage throughout. Turnkey and move-in ready with no detail overlooked.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 0.2 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 87% |
| Baths | 6.0 | 2.0 | 96% |
| Square foot | 2,471 | 1,550 | 96% |
| Lot Size | 8,246 | 6,765 | 74% |
| Price | $929.0K | $0 | 96% |
| Price per sq ft | $376 | $0 | 96% |
| Built year | 2026 | 1959 | 96% |
| HOA | $0 | $0 | 50% |
| Days on market | 80 | 2174 | 4% |
Mar 18, 2026
$929,000
Initial Listing