Richard La Rue - Designated Broker
Courtesy of eXp Realty
Property Description
Positioned in one of Tempe’s most desirable corridors near Arizona State University, this turnkey 4-bedroom, 3.5-bathroom home offers exceptional cash flow and versatility. The well-maintained, 3-level interior features modern finishes, durable flooring, and a rare finished basement complete with its own bedroom, full bathroom, laundry, and secondary living space–ideal for multi-generational living or roommate quarters. Outside amenities include a garage, carport, additional parking, and a private enclosed patio yard. Currently tenant-occupied at approximately $2,900 per month, this move-in ready property serves as an immediate, low-cap-ex investment or a centrally located primary residence. The smart floor plan centers around a bright main-level living area and kitchen, complemented by private upstairs bedroom suites and reliable HVAC systems throughout, making the basement retreat equally functional as a dedicated home office. Location highlights include unbeatable access to campus via walking, biking, or the free Orbit shuttle, while placing residents just minutes from Mill Avenue dining, Tempe Town Lake, and major freeways. With strong appreciation potential, it remains an equally attractive long-term opportunity for owner-occupants or parents seeking prime, comfortable housing for ASU students.
Open House
Property Details and Features
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Appliances & Equipment
- “Refrigerator”
- “Dishwasher”
- “Electric Range”
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Basement
- “Finished”
- “Full”
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Bathrooms
- 1 half bathroom
- 2 full bathrooms
- 3 total bathrooms
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Bedrooms
- 4 total bedrooms
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Building
- Built in 2000
- Architectural style: “Contemporary”
- Living area: 1883
- Construction materials: “Stucco”, “Wood Frame”, “Painted”
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Cooling
- “Central Air”
- “Ceiling Fan(s)”
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Fence
- “Block”
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Floors
- “Carpet”
- “Laminate”
- “Tile”
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Garage
- 1 space
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Heating
- “Forced Air”
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Home Owner’s Association
- Association fee: $200
- Association fee frequency: Monthly
- Association fee includes: “Maintenance Grounds”, “Street Maint”, “Front Yard Maint”
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Interior Features
- “High Speed Internet”
- “Granite Counters”
- “Upstairs”
- “Full Bth Master Bdrm”
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Laundry
- “Inside”
- “Wshr/Dry HookUp Only”
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Listing
- Listing ID: 7064949
- Standard status: Active
- 23 days on market
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Location
- Subdivision name: Park Place on Broadway AMD
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Lot
- 0.03 acres
- 1,285 sqft
- “Natural Desert Back”
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Parking
- “Attached Garage”
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Possession
- “Subject To Tenant Rights”
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Roof
- “Composition”
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Schools
- Elementary school: Broadmor Elementary School
- High school: Tempe High School
- High school district: Tempe Union High School District
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Security Features
- “Fire Sprinkler System”
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Sewer
- “Public Sewer”
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Taxes
- Annual amount: $2,120
- Lot: 5
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Windows
- “Dual Pane”
Property Map
Street View
Market Trends for 85282, Tempe, AZ
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This content last updated on September 3, 2026 9:44AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
