Price Reduction - Seller Financing - Lease to Own
Address
346 E Broadway Lane, Tempe, AZ
Price
$ 615,000
Property Attributes
  • MLS#6951623
  • TypeSingle Family
  • Listing Status Active
  • CountyMARICOPA
  • CityTempe
  • NeighborhoodUNIVERSITY TERRACE
  • Zip85282
  • StyleRanch
  • Year Built1959
  • Taxes$ 1747
  • Price$ 615,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1650
  • Lot Size0.2 Acres
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

Beautifully remodeled gem of a home with 3 bedrooms, 2 bathrooms, and 2 den/flex rooms! This home has been recently remodeled and updated to an incredible modern standard with everything from flooring to kitchen and baths being less than 5 years old! Being situated in such a prime location near major freeways, and within walking distance of ASU is a dream come true for students and rental investors alike. This home is occupied by wonderful tenants at $4200/m until the end of July 2027, so you are given a great option if you'd like to continue renting out this spectacular home as an income property or take over occupancy yourself right in time for the school year to begin! Either way, we know you'll love this gem of a home!

Elementary School Middle School High School
Broadmor Elementary School McKemy Academy of International Studies Middle School Tempe High School
Price History
11/26/2025 Listed $635,000
5/26/2026 2$625,000
8/23/2026 2$615,000

General Features

Sewer Public Sewer
Heating Electric
Cooling Central Air,Ceiling Fan(s),Ductless
Possession Close Of Escrow,Subject To Tenant Rights
Roof Composition
Garage Spaces 0.0
Association Fee Includes No Fees
Architectural Style Ranch
Construction Materials Brick Veneer,Painted,Block
Year Built 1959
Township 1N
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Community Features Near Light Rail Stop,Near Bus Stop,Biking/Walking Path
County Maricopa
New Construction No
Property Type Residential
HOA No
Attached Garage No
Subdivision Name UNIVERSITY TERRACE
Special Listing Conditions N/A
Status Active
Directions 101 Freeway to Broadway Road heading west,Left on Ventura Dr heading North,Left on Encanto Dr heading West,Left on Sierra Vista Dr heading South,follow road straight until it ends by banking right an
High School Tempe High School
City Tempe
Disclosures Agency Discl Req,Seller Discl Avail
High School District Tempe Union High School District
Open Parking Spaces 3.0
Lot Size Units Square Feet
Lot Size Square Feet 8494.0
Carport Spaces 1.0
Carport Y/N No
Spa Features None
Elementary School Broadmor Elementary School
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 1747.0
Home Warranty Y/N No
Current Financing Conventional
Middle/Junior High School McKemy Academy of International Studies
Lease Renewal Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Builder Name Unknown
Standard Status Active
Occupancy Type Tenant
Elementary School District Tempe School District
Tax Lot 30
MobileHomeRemainsYN No
New Financing: Conventional True
Senior Community No
New Financing: FHA True
Ttl Monthly Fee Equiv 0.0
New Financing Cash True
New Financing: VA True

Interior Features

Interior Amenities High Speed Internet,Eat-in Kitchen,3/4 Bath Master Bdrm
Flooring Carpet,Vinyl,Tile
Total Stories 1
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Dual Pane
Fireplace Y/N No
Laundry Features Inside,Wshr/Dry HookUp Only
Total Bedrooms 3
LivingAreaSource Assessor
Total Baths 2
Bedrooms Possible 5
Other_sp_Rooms_co_BonusGame_sp_Room True

Exterior Features

Exterior Amenities Storage
Fencing Perimeter,Back Yard,Block
Parking Features Attached Carport
Lot Features North/South Exposure,Alley,Desert Front,Gravel/Stone Front,Grass Front,Grass Back,Irrigation Front,Irrigation Back
Water Source Public
Lot Size Area 8494.0
Spa No
Lot Size Acres 0.2
Road Surface Type Dirt,Asphalt
Lot Size Source Assessor
Waterfront Y/N No
Covered Spaces 1.0
Crops Included Y/N No
Road Responsibility City Maintained Road
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 85282

Price
AVG $560K
$620K
Taxes
AVG $2,356
$1,747
Year Built
AVG 1970
1959
Visits
AVG 161
181
Data Provided by Inside Real Estate®

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