700 W UNIVERSITY Drive 122, Tempe, AZ 85281

$248,500
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 840 Lot Size (sq. ft.): 67 Status: Active
Current Price: $248,500 Last Modified: 9/26/2026

Overview

Description

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. ✨ Property Highlights 🏡 Freshly painted and move-in ready 🍳 Upgraded kitchen appliances 🗄️ Very spacious kitchen with lots of cabinet and storage space Ԃ

Supplements: " 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 wh ...

Listing Details MLS# 7039225

Location, Tax & Legal

House Number
700
Compass
W
Street Name
UNIVERSITY
St Suffix
Drive
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Zip4
3469
Country
US
County Code
Maricopa
Assessor Number
124-34-049
Subdivision
SCENE 1 CONDOMINIUMS
Tax Year
2025

Contract Information

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

General Property Description

Dwelling Type
Apartment
Dwelling Styles
Stacked
Exterior Stories
2
# of Interior Levels
Yes
# Bedrooms
2
Full Bathrooms
Yes
Total Bathrooms
Yes
Approx SQFT
840
Price/SqFt
295.83
Horses
N
Builder Name
Not Known
Year Built
1982
Approx Lot SqFt
67
Flood Zone
No
Community Pool Y/N
Yes
Private Pool Y/N
No
Fireplace YN
No
Planned Comm Name
Scene One
Elementary School District
Tempe School District
High School District
Tempe Union High School District
Elementary School
Scales Technology Academy
Jr. High School
Geneva Epps Mosley Middle School
High School
Tempe High School

Remarks Misc

Cross Street
University Dr & Roosevelt St.
Directions
west on university Dr to Scene One condominiums entrance on north side of university Dr,. enter community and proceed toward Building. Unit 122 is located near the back-middle of the community on the ground level.

Legal Info

Township
1N
Range
4E
Section
16
Lot Number
D106

Basement

Basement Y/N
N

More Information

Items Updated

Floor Yr Updated
2023
Floor Partial/Full
Full
Plmbg Partial/Full
Partial
Kitchen Yr Updated
2025
Kitchen Partial/Full
Full
Bath(s) Yr Updated
2025
Bath(s) Partial/Full
Partial

Parking Spaces

Carport Spaces
Yes
Total Covered Spaces
Yes

Showing Notification Methods

Showing Service
Aligned Showings

Property Features

Special Listing Cond: Owner/Agent Master Bathroom: Separate Shwr & Tub Flooring: Vinyl Window Features: Single Pane Community Pool Features: Outdoor Spa: Heated Dining Area: Dining in LR/GR Kitchen Features: Electric Range; Built-in Microwave; Refrigerator Laundry: Washer Included; Dryer Included Other Rooms: Great Room Construction: Wood Frame Const - Finish: Stucco Roofing: Tile Cooling: Central Air Heating: Electric Plumbing: Electric Hot Wtr Htr Utilities: APS Water Source: City Water Sewer: Sewer - Public Fencing: Block Landscaping: None Showing Notification Methods: Text Lockbox Type: Supra Possession: Close of Escrow Unit Style: Two Levels; Two Common Walls Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Blanket Ins Policy; Water; Sewer; Common Area Maint; Street Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: Seller Discl Avail
IDX
Listing Office: HomeSmart
Last Updated: September - 26 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.