38 W THOMAS Lane, Tempe, AZ 85281

$699,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,581 Lot Size (sq. ft.): 8,625 Status: Active
Current Price: $699,000 Last Modified: 8/31/2026

Overview

Description

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.

Listing Details MLS# 7072422

Location, Tax & Legal

House Number
38
Compass
W
Street Name
THOMAS
St Suffix
Lane
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Zip4
8657
Country
US
County Code
Maricopa
Assessor Number
133-18-015
Subdivision
COLLEGE VIEW
Tax Year
2025

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Single Family Residence
Dwelling Styles
Detached
Exterior Stories
Yes
# of Interior Levels
Yes
# Bedrooms
3
Full Bathrooms
Yes
Half Bathrooms
Yes
Total Bathrooms
2
Approx SQFT
1581
Price/SqFt
442.13
Guest House SqFt
800
Horses
N
Builder Name
unknown
Year Built
1945
Lead Based Hazard Disclosure
Yes
Approx Lot SqFt
8625
Approx Lot Acres
0.198
Flood Zone
No
Community Pool Y/N
No
Private Pool Y/N
No
Fireplace YN
No
Elementary School District
Tempe School District
High School District
Tempe Union High School District
Elementary School
Holdeman Elementary School
Jr. High School
Connolly Middle School
High School
Tempe High School

Remarks Misc

Cross Street
Mill Avenue and Apache Blvd.
Directions
Mill Avenue south of Apache to Thomas Lane. Turn west on Thomas to property.

Legal Info

Township
1N
Range
4E
Section
22
Lot Number
8

Basement

Basement Y/N
N

More Information

Parking Spaces

Carport Spaces
Yes
Slab Parking Spaces
3
Total Covered Spaces
Yes

Showing Notification Methods

Showing Service
Aligned Showings

Contact Info

List Agent Home Phn
480-540-4648

DPR Eligible

DPR Eligible
No

Property Features

Special Listing Cond: Owner/Agent Architecture: Spanish Master Bathroom: 3/4 Bath Master Bdrm Master Bedroom: Downstairs Additional Bedroom: Other Bedroom Downstairs Flooring: Carpet; Tile Spa: None Dining Area: Eat-in Kitchen Kitchen Features: Gas Oven; Gas Range; Gas Cooktop; Dishwasher; Refrigerator Laundry: Washer Hookup; Gas Dryer Hookup Construction: Adobe Const - Finish: Stucco Roofing: Composition Cooling: Central Air Heating: Natural Gas Utilities: APS; SW Gas Water Source: City Water Sewer: Sewer - Public Fencing: Back Yard; Wire Landscaping: Dirt Back; Gravel/Stone Front Lockbox Type: Supra Possession: By Agreement Unit Style: All on One Level Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash Disclosures: Seller Discl Avail; Agency Discl Req
IDX
Listing Office: HomeSmart
Last Updated: August - 31 - 2026
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