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Realty of AmericaValley Wide Agents

Valley Wide Agents · brokered by Realty of America LLC

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$450,000

Active

2016 S Hammond Drive 104, Tempe, AZ 85282

4

Beds

3

Baths

1,883

Sq ft

$239

Price / sq ft

1,285 sq ft

Lot size

2 stories

Stories

No pool

Pool

No

Spa

1-car

Garage

2000

Year built

$200/mo

HOA

Single Family Residence

Property type

Park Place on Broadway AMD

Subdivision

1 day

On market

About this home

Positioned in one of Tempe's most desirable corridors near Arizona State University, this turnkey 4-bedroom, 3.5-bathroom home offers exceptional cash flow and versatility. The well-maintained, 3-level interior features modern finishes, durable flooring, and a rare finished basement complete with its own bedroom, full bathroom, laundry, and secondary living space--ideal for multi-generational living or roommate quarters. Outside amenities include a garage, carport, additional parking, and a private enclosed patio yard. Currently tenant-occupied at approximately $2,900 per month, this move-in ready property serves as an immediate, low-cap-ex investment or a centrally located primary residence. The smart floor plan centers around a bright main-level living area and kitchen, complemented by private upstairs bedroom suites and reliable HVAC systems throughout, making the basement retreat equally functional as a dedicated home office. Location highlights include unbeatable access to campus via walking, biking, or the free Orbit shuttle, while placing residents just minutes from Mill Avenue dining, Tempe Town Lake, and major freeways. With strong appreciation potential, it remains an equally attractive long-term opportunity for owner-occupants or parents seeking prime, comfortable housing for ASU students.

Charles Barrett

AZ Lic. #SA650612000 · Valley Wide Agents at Realty of America LLC

Location

Listing courtesy of eXp Realty

Listing last updated in ARMLS on August 10, 2026 at 4:02 PM MST