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Courtesy of HomeSmart, Pawan Gulati Listing Contact: 602-625-5524 
2 Beds
1 Bath
840 sqft

$248,500

700 W UNIVERSITY Drive 122, Tempe AZ, 85281

Price per sqft$295.83
Built in1982
Property size840 sqft
Property typeCondominium

Overview

Active

Listed Jun 8, 2026

Updated 8 days ago

$5,000 Incentive available towards the closing cost for contract accepted by Oct 15, 2026. Prime Tempe Location! Spacious, Freshly Painted Property Near ASU -- Great Investment Opportunity! Location, space, and value! This wonderful property is freshly painted and ready for its next owner. The home features a spacious kitchen with upgraded appliances and an abundance of cabinet and storage space, making it both functional and comfortable. Located conveniently near Tempe Downtown and Arizona State University (ASU), this property is an excellent opportunity for investors, college students, parents purchasing for their ASU student, or buyers looking for strong rental potential. " Close to ASU campus =° Excellent opportunity for investors ' Ideal for college students =È Great potential for rental income Prime location + spacious living + proximity to ASU = an opportunity you won't want to miss! Whether you're looking for a home for your college student or an investment property in a desirable Tempe location, come see what this property has to offer.

$1,653/mo

Est. mortgage payment based on a $248,500 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7039225

Interior Features

Bedrooms
2
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0 Acres

Other Property Details

Taxes
$1,003
Tax Frequency
Annually
Association Fee Frequency
Monthly

Courtesy of HomeSmart, Pawan Gulati

Listing Contact: 602-625-5524 

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 Desert Momentum Real Estate Collection shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Not representative of the licensee’s transaction history. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

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Data Last Updated: 4:15 AM UTC, 9/30/2026.

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