2016 South Hammond Drive 104 Tempe, AZ 85282

$450,000
4
Beds
3
Baths
0.03
Acres
1,883
SQFT
239
$/SQFT
$450,000
4
Beds
3
Baths
1,883   sf
$239 / sf
Favorite

active
1/37
Street View

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.

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.

Listed by:
eXp Realty

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

Property details

Community Features

  • Has HOA

Exterior features

  • Has garage
  • No Pool
  • Basement
rating icon
No deal rating
NEW!
Favorite

Tour This Home

Wed
19Aug
Thu
20Aug
Fri
21Aug
Sat
22Aug
Sun
23Aug
Mon
24Aug
Tue
25Aug
Wed
26Aug
Thu
27Aug
Fri
28Aug
Sat
29Aug
Sun
30Aug
Mon
31Aug
Tue
01Sep
in Person
via Video Call