911 W COLGATE Drive, Tempe, AZ 85283, Tempe, 85283 - 3 bed, 2 bath
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Tempe, AZ 85283
This property presents a High-Potential Investment Opportunity with a List Price of $340,000—positioned well below the $319,840 Fair Market Value by -6%. While the home carries a Poor Condition Rating due to its 1977 vintage and lack of modern updates, the large lot size and private pool provide a solid foundation for value-add renovations. Located in a prime Tempe area near ASU and Kiwanis Park, this asset is ideal for Fix-and-Flip Investors or Contractors seeking a project with significant upside potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 911 W COLGATE Drive Subject | $340,000* List Price | 3 | 2 | 1,071 | $299 | - |
A 5918 S PARKSIDE Drive Sold | $360,000 | 2 | 1 | 910 | $396 | 0.4 mi |
B 5918 S PARKSIDE Drive Sold | $360,000 | 2 | 1 | 910 | $396 | 0.4 mi |
C 5918 S PARKSIDE Drive Sold | $360,000 | 2 | 1 | 910 | $396 | 0.4 mi |
D 5838 S JUDD Street Pending | $354,900 List Price | 3 | 2 | 1,238 | $287 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1977 (47 years old) with no recorded renovations to major systems, kitchen, or bathrooms. The listing description specifically targets investors to 'put their magic touch on' the property, which is industry shorthand for a home needing a full rehab. While it features neutral paint and carpet, the age of the structure and the lack of modern updates to core components meet the criteria for poor condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7131, living area = 1071.
The property is situated in a highly desirable, established area of Tempe with close proximity to Kiwanis Park, ASU, major freeways, and diverse entertainment options, ensuring strong long-term value and rental demand.
Featuring a sparkling private pool and a large covered patio, the backyard is well-equipped for the Arizona climate and provides an excellent space for outdoor entertaining.
At only 1,071 square feet for a three-bedroom home, the interior layout may feel cramped compared to modern residential standards for family-sized dwellings.
Built in 1977 and marketed as a 'fixer' opportunity, the home likely requires immediate capital investment for cosmetic updates and potential system modernizations to meet current market expectations.
Ready for a new owner to make their own or investor to put their magic touch on! Cozy 3 bedrooms, 2 bath home with a sparkling pool to cool off in the hot AZ days. The home features neutral paint throughout, neutral carpet, blinds, fans, laundry room and a large covered patio for entertaining. Park your car under the car port and still have enough room in the long driveway to park 2 more. The home is in established area of Tempe close to Kiwanis park, all major freeways, ASU, schools, shops, restaurants, major entertainment venues and so much more.
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades 6-8 • 2.3 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,071 | - |
| Lot Size | 7,131 | - |
| Price | $340.0K | $562.2K |
| Price per sq ft | $317 | $326 |
| Built year | 1977 | 0 |
| HOA | $0 | $0 |
| Days on market | 49 | 2615 |
Jun 4, 2026
$340,000
Initial Listing