925 E HENRY Street, Tempe, AZ 85288, Tempe, 85288 - 2 bed, 1 bath
Loading property details...
Tempe, AZ 85288
This Versatile Residential Asset represents a strategic acquisition, featuring a List Price of $399,000 positioned well below the $402,344 Fair Market Value by 1%. This entry point secures $3,344 in Instant Equity for the buyer. Maintaining a Condition Rating of 3, the home offers a turnkey interior with a 2015 remodel and 2026 updates. The rare R-2 Zoning on a 0.26-acre lot provides significant development upside for an Additional Dwelling Unit (ADU) near ASU and Tempe Town Lake. It is an ideal match for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 925 E HENRY Street Subject | $398,000* List Price | 2 | 1 | 1,000 | $401 | - |
A 933 E HARRY Street Active | $398,000 List Price | 2 | 1 | 900 | $442 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, benefiting from an extensive interior remodel in 2015 and fresh paint in 2026. The renovation included updated wood-look tile flooring, kitchen cabinets, countertops, and a Trane AC system. While the original structure dates to 1957, the updates performed approximately 9 years ago fall within the 'good' criteria for extensive renovations (5-15 years). Some secondary areas, like the laundry/office, appear more utilitarian, but the primary living spaces and major systems are updated and functional.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11262, living area = 1000.
Rare R-2 zoning on a generous 0.26-acre lot provides significant upside, including the ability to add an Additional Dwelling Unit (ADU) or expand the existing structure with permits already in place.
Ideally situated less than a mile from ASU and Tempe Town Lake, with quick access to the 202 and 101 freeways, making it a high-demand area for both tenants and homeowners.
With only 2 bedrooms and 1 bathroom across 1,000 square feet, the current layout may be too restrictive for larger households or those seeking more modern living space.
The property backs up to a busy commercial corner at Scottsdale Rd and Curry, which may introduce noise concerns and impact the quiet residential feel of the backyard.
GREAT INVESTMENT property or a beautiful home to experience lifelong memories in! Tons of upside! RARE R-2 ZONING AND PLENTY of land (.26 acres!) to add an Additional Dwelling Unit (ADU) - PLUS opportunity to add more sf to the existing home to increase rents etc., and seller has permits ready to go for an addition. This area is ''HOT'' and growing fast!! This home is 2 bedrooms, 1 bath, plus laundry room/office; carport, and features a huge block fenced backyard and more! Well maintained, remodeled in 2015 with all new interior: flooring, kitchen cabinets/countertops, blinds, plumbing, bathroom, light fixtures and ceiling fans, doors, baseboards, hardware, Trane AC, and more! Freshly painted exterior and interior in 2026 Location, Location, Location: just 1/2 mile to 202/Scottsdale Rd, less than a mile to Tempe Town Lake, ASU, Hwy 101, and only a few miles to Mill Ave, Old Town Scottsdale, Sky Harbor Airport and more! Mass transit abounds: Orbitz bus, Valley Metro, mini light rail, and Light Rail. This home backs up to the commercial corner of Scottsdale Rd and Curry - so possible potential there also... check out the plat! Unique opportunity in a top location. Buyer to verify all facts and figures with city of Tempe etc. Please don't disturb the tenants by walking the lot without permission from agent. THANK YOU!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 18% |
| Baths | 1.0 | 2.0 | 18% |
| Square foot | 1,000 | 1,374 | 24% |
| Lot Size | 11,262 | 6,787 | 94% |
| Price | $398.0K | $408.0K | 47% |
| Price per sq ft | $398 | $325 | 82% |
| Built year | 1957 | 1961 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 1985 | 6% |
Apr 19, 2026
$398,000
$399,000
+0% Price Increase
Initial Listing
Mar 11, 2026
$399,000
Initial Listing