# 38 W THOMAS Lane, Tempe, AZ 85281 > **TL;DR:** 3bd/2ba single family, $649,000 ($410/sqft), built 1945, 1,581 sqft. > A/C. Est. $3,471/mo. Listed 29 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $649,000 | | Price/sqft | $410 | | Bedrooms | 3 | | Bathrooms | 1 full, 1 half | | Square Feet | 1,581 | | Year Built | 1945 | | Lot Size | 8,625 sqft (0.20 acres) | | Stories | 1 | | Property Type | Single Family (Single Family Residence) | | Status | Active | | Days on Market | 29 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $3,282 | | Estimated Insurance | $189 | | **Total** | **$3,471** | ## Nearby Schools - **Elementary:** Holdeman Elementary School - **Middle:** Connolly Middle School - **High:** Tempe High School ## Key Amenities - A/C ## Property Highlights - Built in 1945 - 0.20 acre lot ## Description ### Agent Description INCOME PROPERTY IN THE HEART OF TEMPE - 2 houses on this property. Front house and back house have been rented with good cash flow. Walk to ASU and Honor Health Tempe. Main House is 3 bedroom, 1 bedroom guest house with separate electric meter in rear. One of a kind location in the area of Historic Downtown Tempe, Saltillo Tile thru out. ## Location - **Address:** 38 W THOMAS Lane, Tempe, AZ 85281 - **County:** Maricopa - **Neighborhood:** COLLEGE VIEW - **Coordinates:** 33.413932, -111.941704 - **Google Maps:** https://www.google.com/maps?q=33.413932,-111.941704 ## Listing Agent - **Name:** Susan A Wood - **Brokerage:** HomeSmart - **Phone:** 4805404648 - **Broker Phone:** (602) 230-7600 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/38-W-Thomas-Ln_Tempe_AZ_85281_M90724-83155?f=listhub&s=ARMLSAZ&m=7072422&c=propsimple) ## Photos ![38 W THOMAS Lane - Photo 1](http://lh.rdcpix.com/0cbc7df6453074031fdec8c7b978433cl-f602024866r.jpg) ![38 W THOMAS Lane - Photo 2](http://lh.rdcpix.com/0cbc7df6453074031fdec8c7b978433cl-f975354218r.jpg) ![38 W THOMAS Lane - Photo 3](http://lh.rdcpix.com/0cbc7df6453074031fdec8c7b978433cl-f1191143193r.jpg) ![38 W THOMAS Lane - Photo 4](http://lh.rdcpix.com/0cbc7df6453074031fdec8c7b978433cl-f2065102073r.jpg) ![38 W THOMAS Lane - Photo 5](http://lh.rdcpix.com/0cbc7df6453074031fdec8c7b978433cl-f3745449481r.jpg) ![38 W THOMAS Lane - Photo 6](http://lh.rdcpix.com/0cbc7df6453074031fdec8c7b978433cl-f3056418831r.jpg) ![38 W THOMAS Lane - Photo 7](http://lh.rdcpix.com/0cbc7df6453074031fdec8c7b978433cl-f3164961018r.jpg) ![38 W THOMAS Lane - Photo 8](http://lh.rdcpix.com/0cbc7df6453074031fdec8c7b978433cl-f3761845530r.jpg) --- **MLS#:** 7072422 | **Updated:** 2026-09-24 **Source:** listhub *Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/38-w-thomas-lane-tempe-az-85281-7072422) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/38-w-thomas-lane-tempe-az-85281-7072422#listing", "url": "https://www.propertysimple.ai/listing/38-w-thomas-lane-tempe-az-85281-7072422", "name": "38 W THOMAS Lane, Tempe, AZ 85281", "description": "INCOME PROPERTY IN THE HEART OF TEMPE - 2 houses on this property. Front house and back house have been rented with good cash flow. Walk to ASU and Honor Health Tempe. Main House is 3 bedroom, 1 bedroom guest house with separate electric meter in rear. 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