Sold

Closed

4803 S TERRACE Road

Tempe AZ, 85282

$216,770


$273.70 per sqft

Sold

Closed

2 Beds

1 Bath

792 sqft

Townhomes

Built in 1972

Discover a highly desirable 2-bed, 1-bath end-unit townhome in the heart of Tempe--an exceptional investment opportunity offering both convenience and strong rental potential. Located near the US-60 freeway, and minutes from Arizona State University, Sky Harbor Airport, and a variety of shopping, dining, and entertainment options, this property is ideal for attracting long-term tenants.

Designed for comfort and efficiency, the home features a welcoming layout with a mix of tile and carpet (installed in 2021). The kitchen includes all appliances, and washer/dryer hookups add convenience. A new water heater installed in 2021 enhances the home's efficiency. A charming French door entry leads to an intimate backyard with a covered patio, perfect for relaxation or entertaining. The home also offers ample storage space and a two-car carport for added value.

Positioned in a well-maintained community, residents will enjoy a spacious greenbelt right outside the front door and a sparkling pool just steps away. With its unbeatable location and investment-friendly features, this townhome presents a turnkey opportunity for both seasoned and first-time investors.

6816263

MLS ID

February 6, 2025

Listed

March 1, 2025

Updated

Interior Features

Total Stories

1


Bedrooms

2


Total Bathrooms

1


Interior Features

Eat-in Kitchen, High Speed Internet


Laundry Description

Wshr/Dry Hook Up Only


Floor Description

Carpet, Tile


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Refrigeration


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

0.03 Acres


Exterior Features

Covered Patio(s), Storage


Lot Features

Corner Lot, Gravel/Stone Back, Grass Front


Roof

Composition


Sewer

Public Sewer


Patio And Porch

Covered Patio(s), Storage

School Information

School District

Tempe School District


High School

Marcos De Niza High School


Elementary School

Arredondo Elementary School

Other Property Details

Taxes

$822


Tax Frequency

Annually


Days on Market

2


Association Fee

$219


Association Fee Frequency

Monthly


Association Amenities

Rental OK (See Rmks)


Garage

No


Parking

Rear Vehicle Entry, Assigned, Community Structure


View

Yes


County

Maricopa


Water Source

City Water


Pool Features

None

Listing History

Date

Event

Price

3/1/2025

Sold

$216,770

2/8/2025

Pending

Courtesy of eXp Realty, Kimberlyn R Howard

Listing Contact: 630-456-6489 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Devin Guerrero shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data Last Updated: 1:28 PM UTC, 3/1/2025.

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