1427 South TERRACE Road Tempe, AZ 85281

$585,000
Reduced $10,000
3
Beds
3.5
Baths
0.07
Acres
1,685
SQFT
347
$/SQFT
$585,000
Reduced
$10,000
3
Beds
3.5
Baths
1,685   sf
$347 / sf
Favorite
Ask agent
Share

active
1/15
Street View

This spacious and beautiful 3-bedroom home in Tempe is an exceptional investment opportunity. Located just a 1/4 mile from ASU and close to the light rail. Currently leased at $2,795/month through July 31, 2025, it offers immediate rental income and long-term potential. Inside, you'll find tile flooring throughout the main areas and plush carpeting in all bedrooms! Each generously sized bedroom includes a private en-suite bathroom and a walk-in closet! The modern kitchen features sleek cabinetry, matching appliances, granite countertops, and pantry for extra storage. Step outside to a covered patio and a low-maintenance backyard—ideal for relaxing or entertaining. The home also sides to a community greenbelt, offering added privacy and a peaceful setting.

This spacious and beautiful 3-bedroom home in Tempe is an exceptional investment opportunity. Located just a 1/4 mile from ASU and close to the light rail. Currently leased at $2,795/month through July 31, 2025, it offers immediate rental income and long-term potential. Inside, you'll find tile flooring throughout the main areas and plush carpeting in all bedrooms! Each generously sized bedroom includes a private en-suite bathroom and a walk-in closet! The modern kitchen features sleek cabinetry, matching appliances, granite countertops, and pantry for extra storage. Step outside to a covered patio and a low-maintenance backyard—ideal for relaxing or entertaining. The home also sides to a community greenbelt, offering added privacy and a peaceful setting.

Listed by:
Urban and Company

mls source logo Listing provided courtesy of Arizona Regional Multiple Listing Service, Inc. (ARMLS)
Click for Map
Smart Commute Planner

How Much Is My Home Worth?

Get an instant home-value estimate

Add a destination

School Info

Property details

Community Features

  • Has HOA
  • Not Age Restricted

Exterior features

  • Has garage
  • No Pool

Style

  • Two Story

Property History

DateDays AgoEventNew Price
Apr 24, 202512 days agoPrice decreased10,000 (2%)$585,000
Apr 9, 202527 days agoNew on market$595,000
rating icon
No deal rating
NEW!
Favorite
Ask agent
Share

Tour This Home

Tue
06May
Wed
07May
Thu
08May
Fri
09May
Sat
10May
Sun
11May
Mon
12May
Tue
13May
Wed
14May
Thu
15May
Fri
16May
Sat
17May
Sun
18May
Mon
19May
in Person
via Video Call
Realtor & Compliance Manager
Photo of Bob Hastings
Bob Hastings