346 E Broadway Lane, Tempe, AZ 85282

$625,000
3
BD
2
BA
1,650
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$625,000
Price Change
▼ $10,000 1779775175
Days on Market
243
Status
ACTIVE
MLS#
6951623
City
Tempe
Bedrooms
3
Bathrooms
2
Living SQFT
1,650
Lot Size
8,494
Subdivision
University Terrace
Year Built
1959
Type
Single Family Residence

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 $4475/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 at a cap rate over 8% for the next year as well 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!

Additional Information

Elementary School
Broadmor Elementary School
High School
Tempe High School
Middle School
McKemy Academy of International Studies
Acres
0.20
Architecture
Ranch
Assoc Fee Includes
No Fees
Builder Name
Unknown
Community Features
Near Light Rail Stop, Near Bus Stop, Biking/Walking Path
Construction
Block, Painted, Brick Veneer
Cooling
Ceiling Fan(s), Central Air, Ductless
Exterior Features
Storage
Fencing
Block, Back Yard, Perimeter
Flooring
Carpet, Vinyl, Tile
Heating
Electric
Laundry
Washer Hookup, Inside
Living Area
1,650
Lot Size
8,494
New Financing
Cash, VA Loan, FHA, Conventional, Owner May Carry, Lease Purchase, FannieMae (HomePath)
Other Rooms
Bonus/Game Room, Arizona Room/Lanai
Parking Features
Attached Carport
Lot Features
North/South Exposure, Alley, Desert Front, Gravel/Stone Front, Grass Front, Grass Back, Irrigation Front, Irrigation Back
Roofing
Composition
Spa
None
Stories
1
Style
Ranch
Subdivision
University Terrace
Taxes
$1,747
Tax Year
2025
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of HomeSmart.

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.