346 E BROADWAY Lane, Tempe, AZ 85282

$635,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,650 Lot Size (sq. ft.): 8,494 Status: Active

Current Price: $635,000 Last Modified: 11/26/2025

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 even currently occupied by wonderful tenants at $4750/m until the end of July, so you are given the great option of if you'd like to continue renting out this spectacular home as an income property at a cap rate over 8.25% 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!

More Information MLS# 6951623

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $635,000 Status: Active Current Price: $635,000 List Date: 2025-11-26

Location, Tax & Legal

Assessor's Map #: 15 Legal Description (Abbrev): LOT 30 UNIVERSITY TERRACE MCR 004945 Assessor's Parcel #: 32 Tax Municipality: Tempe Taxes: 1747 House Number: 346 Compass: E Street Name: BROADWAY St Suffix: Lane City/Town Code: Tempe State/Province: AZ Zip Code: 85282 Zip4: 1431 County Code: Maricopa Assessor Number: 133-15-032 Subdivision: UNIVERSITY TERRACE Tax Year: 2025

General Property Description

Dwelling Styles: Detached # of Interior Levels: 1 Full Bathrooms: 2 Half Bathrooms: 0 Approx SQFT: 1650 Price/SqFt: 384.85 Approx Lot SqFt: 8494 Approx Lot Acres: 0.195 Horses: N Builder Name: Unknown Lead Based Hazard Disclosure: No Elementary School District: Tempe School District High School District: Tempe Union High School District Elementary School: Broadmor Elementary School Jr. High School: McKemy Academy of International Studies High School: Tempe High School Community Pool Y/N: No Private Pool Y/N: No Fireplace YN: No Dwelling Type: Single Family Residence Exterior Stories: 1 # Bedrooms: 3 Total Bathrooms: 2 Year Built: 1959

Legal Info

Range: 4E Section: 22 Township: 1N Lot Number: 30

Special Listing Cond

N/A: 1

Construction

Block: 1

Const - Finish

Painted: 1 Brick Veneer: 1

Roofing

Composition: 1

Association & Fees

HOA Y/N: N PAD Fee Y/N: N Land Lease Fee Y/N: N Ttl Mthly Fee Equiv: 0

Showing Notification Methods

Showing Service: Aligned Showings Phone Call: 1

Lockbox Type

None: 1

Architecture

Ranch: 1

Master Bathroom

3/4 Bath Master Bdrm: 1

Flooring

Carpet: 1 Tile: 1 Vinyl: 1

Window Features

Dual Pane: 1

Community Features

Biking/Walking Path: 1 Near Bus Stop: 1 Near Light Rail Stop: 1

Dining Area

Eat-in Kitchen: 1

Heating

Electric: 1

Kitchen Features

Dishwasher: 1 Electric Oven: 1 Electric Range: 1 Refrigerator: 1 Electric Cooktop: 1

Cooling

Ceiling Fan(s): 1 Mini Split: 1 Central Air: 1

Laundry

Washer Included: 1 Dryer Included: 1 Stacked Washer/Dryer: 1 Washer Hookup: 1 220 V Dryer Hookup: 1 Inside: 1

Basement

Basement Y/N: N

Other Rooms

Bonus/Game Room: 1 Arizona Room/Lanai: 1

Separate Den/Office

Sep Den/Office Y/N: Y

Road Access Type

Alley: 1 City Street: 1

Road Surface Type

Asphalt: 1 Dirt: 1

Road Responsibility

City Maintained Road: 1

Technology

High Speed Internet: 1

Fencing

Back Yard: 1 Perimeter: 1 Block: 1

Water Source

City Water: 1

Exterior Features

Patio: 1 Storage: 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 3 Total Covered Spaces: 1 Carport Spaces: 1

Parking Features

Attached Carport: 1

New Financing

Cash: 1 VA: 1 Conventional: 1 FHA: 1 FannieMae (HomePath): 1 Owner May Carry: 1 Lease Purchase: 1

Utilities

APS: 1

Existing 1st Loan

Conventional: 1

Property Description

North/South Exposure: 1 Alley: 1

Landscaping

Gravel/Stone Front: 1 Desert Front: 1 Grass Front: 1 Grass Back: 1 Irrigation Front: 1 Irrigation Back: 1

Services

City Services: 1

Items Updated

Floor Yr Updated: 2022 Floor Partial/Full: Full Wiring Yr Updated: 2022 Wiring Partial/Full: Full Kitchen Yr Updated: 2022 Kitchen Partial/Full: Full Bath(s) Yr Updated: 2022 Bath(s) Partial/Full: Full Rm Adtn Yr Updated: 2023 Rm Adtn Partial/Full: Full

Disclosures

Seller Discl Avail: 1 Agency Discl Req: 1

Possession

Close of Escrow: 1 Subject To Tenant Rights: 1

Association Fee Incl

No Fees: 1

Assoc Rules/Info

None: 1

Remarks Misc

Cross Street: Broadway & Rural Rd Directions: Home is tenant occupied, please do not disturb. Geo Lat: 33.407805 Geo Lon: -111.931786

Property Features

Special Listing Cond: N/A Architecture: Ranch Master Bathroom: 3/4 Bath Master Bdrm Flooring: Carpet; Tile; Vinyl Window Features: Dual Pane Spa: None Community Features: Biking/Walking Path; Near Bus Stop; Near Light Rail Stop Dining Area: Eat-in Kitchen Kitchen Features: Electric Oven; Electric Range; Electric Cooktop; Dishwasher; Refrigerator Laundry: Washer Included; Dryer Included; Stacked Washer/Dryer; Washer Hookup; 220 V Dryer Hookup; Inside Other Rooms: Bonus/Game Room; Arizona Room/Lanai Technology: High Speed Internet Exterior Features: Patio; Storage Parking Features: Attached Carport Road Access Type: Alley; City Street Road Surface Type: Asphalt; Dirt Road Responsibility: City Maintained Road Construction: Block Const - Finish: Painted; Brick Veneer Roofing: Composition Cooling: Central Air; Ceiling Fan(s); Mini Split Heating: Electric Utilities: APS Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Back Yard; Perimeter; Block Property Description: North/South Exposure; Alley Landscaping: Gravel/Stone Front; Desert Front; Grass Front; Grass Back; Irrigation Front; Irrigation Back Showing Notification Methods: Phone Call Lockbox Type: None Possession: Close of Escrow; Subject To Tenant Rights Association Fee Incl: No Fees Existing 1st Loan: Conventional New Financing: Cash; VA; FHA; Conventional; FannieMae (HomePath); Owner May Carry; Lease Purchase Disclosures: Seller Discl Avail; Agency Discl Req

Listing Office: HomeSmart

Last Updated: November - 26 - 2025