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About This Home

This 2-bedroom, 1-bathroom multi-family at 700 W UNIVERSITY Drive in Tempe, AZ is listed for $265,000 ($315 per sqft). Built in 1982, the home offers 840 sqft of living space on a 0.00 acres lot.

Agent Description

Beautifully Updated Condo in a Prime Tempe Location! Move-in ready and ideal for both homeowners and investors! This well-maintained condo features a spacious upgraded kitchen with a new range, new microwave, new refrigerator, and ample cabinet and counter space.

The unit includes a full-size washer and dryer for added convenience. Enjoy the modern feel of the upgraded bathroom and luxury vinyl flooring installed just three years ago throughout the home. The open and functional layout creates a comfortable living space with abundant natural light.

Located in a highly desirable area near Arizona State University (ASU), with restaurants, shopping, and entertainment within walking distance. Conveniently close to Downtown Tempe, major freeways, and public transportation. The community shaded parking, making everyday living even more convenient.

An excellent opportunity for investors, students, professionals, or anyone seeking a low-maintenance property in a fantastic location! Key Features: New range, microwave, and refrigerator Full-size washer and dryer included Spacious upgraded kitchen Updated bathroom Luxury vinyl flooring throughout (approximately 3 years old) Shaded parking Near ASU and Downtown Tempe Walking distance to restaurants and shopping Great investment opportunity

Key Features

  • Built in 1982
  • 0.00 acre lot
  • 2 stories

Property Details

2 stories
1 full
#122
1982

Amenities

A/C

Monthly Cost Estimate

$1,632/mo

20% down · 6.5% · 30 years

Principal$192
Interest$1,148
Insurance$77
HOA$215

Estimates only. Actual payments may vary.

Location

700 W UNIVERSITY Drive

Tempe, AZ 85281

SCENE 1 CONDOMINIUMS

Features & Amenities

Interior Features

Separate Shwr & Tub

Property Details

Flooring

Vinyl

Construction

Stucco Wood Frame

Heating

Electric (Heating)

Cooling

Central Air

Appliances

DryerWasherRefrigeratorBuilt-in MicrowaveElectric Range

Questions & Answers

This 2-bedroom, 1-bathroom multi-family at 700 W UNIVERSITY Drive is listed at $265,000 ($315/sqft). The estimated monthly payment is $1,363 based on 20% down at 6.5% interest.

HOA fees are $215/month.

Key features include: Built in 1982, 0.00 acre lot, 2 stories. Interior Features: Separate Shwr & Tub.

This property is listed by Pawan Gulati and can be reached at 6026255524 or pawan.ggulati@gmail.com.

PG

Pawan Gulati

Agent at HomeSmart

(602) 625-5524

Listed by HomeSmart · View on Broker Site

MLS# 7039225· Source: listhub· Updated 2 days ago

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.

700 W UNIVERSITY Drive, Tempe, AZ 85281

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