4803 S Terrace Road, Tempe, AZ 85282

$216,770
2
BD
1
BA
792
SqFt

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Sold Price
$216,770
List Price
$260,000
Status
CLOSED
Days on Market
2
Closing Date
Feb 28, 2025
MLS#
6816263
Subtype
Residential
Year Built
1972
Bedrooms
2
Bathrooms
1
Living Area
792
Lot Size
1,451
Acres
0.03
Subdivision
Park Premiere Townhouses 1

Property Description

Discover a highly desirable 2-bed, 1-bath end-unit townhome in the heart of Tempe—an exceptional investment opportunity offering both convenience and strong rental potential. Located near the US-60 freeway, and minutes from Arizona State University, Sky Harbor Airport, and a variety of shopping, dining, and entertainment options, this property is ideal for attracting long-term tenants. Designed for comfort and efficiency, the home features a welcoming layout with a mix of tile and carpet (installed in 2021). The kitchen includes all appliances, and washer/dryer hookups add convenience. A new water heater installed in 2021 enhances the home's efficiency. A charming French door entry leads to an intimate backyard with a covered patio, perfect for relaxation or entertaining. The home also offers ample storage space and a two-car carport for added value. Positioned in a well-maintained community, residents will enjoy a spacious greenbelt right outside the front door and a sparkling pool just steps away. With its unbeatable location and investment-friendly features, this townhome presents a turnkey opportunity for both seasoned and first-time investors.

Additional Information

Interior Features
Eat-in Kitchen, High Speed Internet
Exterior Features
Storage
Taxes
$822
HOA Fee
$218
HOA Freqency
Monthly
Flooring
Carpet, Tile
Appliances
Dishwasher, Refrigerator
Heating
Electric
Air Conditioning
Central Air
Exterior Construction
Wood Frame
Stories
1
Parking Features
Assigned Parking, Rear Vehicle Entry, Community Structure
Elementary School
Arredondo Elementary School
Middle School
McKemy Academy of International Studies
High School
Marcos De Niza High School

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Kimberlyn R Howard (630-456-6489) from Listing Office: eXp Realty.

Selling Office: eXp Realty.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.