
Tempe, AZ 85281
This 3-bedroom townhouse represents a High-Potential Investment Opportunity, listed at $279,900—positioned above the $250,580 Fair Market Value. While currently priced above market, the property offers a Fair Condition Rating with recent cosmetic updates like fresh paint and laminate flooring. Its strategic location near ASU and major transit hubs ensures strong rental demand. Featuring an oversized private patio and functional layout, this asset is well-suited for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance lifestyle in a prime Tempe corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 924 S HACIENDA Drive C Subject | $279,900* List Price | 3 | 2 | 1,144 | $219 | - |
A 826 S CASITAS Drive A Sold | $243,000 | 2 | 2 | 1,006 | $242 | 0.1 mi |
B 816 S MELODY Lane Sold | $285,000 | 3 | 2 | 1,264 | $225 | 0.1 mi |
C 917 S HACIENDA Drive Active | $264,900 List Price | 2 | 2 | 1,036 | $256 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1978 and, while it features fresh paint and newer wood laminate flooring, the kitchen and overall aesthetic remain dated. The oak cabinetry and black appliances suggest a renovation age of 15-25 years, placing it in the 'Fair' category as it is functional but requires modernization to meet current standards.
The property is ideally situated near ASU, Tempe Marketplace, and major transit hubs like the light rail, making it a high-demand location for students, professionals, and investors.
Featuring fresh two-tone neutral paint, wood laminate flooring, and vaulted ceilings, the interior offers a modern aesthetic and immediate occupancy potential without the need for immediate renovations.
The rare oversized private patio with direct access from both the primary bedroom and dining area provides significant outdoor utility and privacy seldom found in townhomes of this size.
Built in 1978, the property may have older underlying systems or infrastructure that could require more frequent maintenance compared to newer developments.
The assigned elementary school carries a rating of 3, which may be a drawback for families specifically seeking top-tier primary education within their immediate district.
Welcome to a delightful retreat in the heart of Tempe, offering architectural character, privacy, and exceptional value. This rare 3 bedroom, 2 bathroom townhouse features an inviting layout with vaulted ceilings and an open living room that extends into the formal dining area. This home has a number of upgrades including wood laminate and tile flooring, fresh two tone neutral paint, and ceiling fans in bedroom for year round comfort. The kitchen is fully equipped with a ceramic cooktop range, microwave, dishwasher, and refrigerator, providing a functional space ready for everyday living. Oversized private patio with storage offers direct access from both the primary bedroom and the formal dining area, perfect for entertaining, relaxing, or enjoying your own outdoor retreat. Ideally located near ASU, Tempe Marketplace, Tempe Town Lake, Mesa Riverview, light rail, and major freeways, this home is perfectly suited for a first time buyer, downsizer, or investor seeking a low maintenance lifestyle in a prime Tempe location. This listing and any property descriptions contained herein are provided solely as a courtesy, based upon information supplied by the property owner. Denali Real Estate makes no warranty, guarantee, or representation of any kind, expressed or implied, regarding the accuracy, completeness, or suitability of the information provided, including but not limited to the property's features, condition, or functionality. Denali Real Estate does not represent or warrant compliance with any laws, regulations, or ordinances, and makes no representation regarding the condition of the property or surrounding neighborhood, schools, or local amenities. Prospective buyers are encouraged to independently verify all details, conduct any necessary inspections, and reach their own conclusions. Any reliance on the content of this listing is at the user's discretion
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.5 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,144 | 1,187 | 50% |
| Lot Size | 2,749 | 1,965 | 63% |
| Price | $279.9K | $67.5K | 75% |
| Price per sq ft | $245 | $78 | 75% |
| Built year | 1978 | 1986 | 25% |
| HOA | $238 | $196 | 63% |
| Days on market | 19 | 2626 | 13% |
May 18, 2026
$279,900
Initial Listing