346 E BROADWAY Lane, Tempe, AZ 85282

$625,000

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

Current Price: $625,000 Last Modified: 5/26/2026

Overview

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!

Listing Details MLS# 6951623

Location, Tax & Legal

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

Contract Information

Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No

General Property Description

Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: Yes
# of Interior Levels: Yes
# Bedrooms: 3
Full Bathrooms: 2
Total Bathrooms: 2
Approx SQFT: 1650
Price/SqFt: 378.79
Horses: N
Builder Name: Unknown
Year Built: 1959
Lead Based Hazard Disclosure: No
Approx Lot SqFt: 8494
Approx Lot Acres: 0.195
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: 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
Half Bathrooms: 0

Remarks Misc

Cross Street: Broadway & Rural Rd
Directions: Home is tenant occupied, please do not disturb.

Legal Info

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

Basement

Basement Y/N: N

More Information

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

Parking Spaces

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

Showing Notification Methods

Showing Service: Aligned Showings
Phone Call: Yes

Special Listing Cond

N/A: Yes

Construction

Block: Yes

Const - Finish

Painted: Yes
Brick Veneer: Yes

Roofing

Composition: Yes

Association & Fees

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

Lockbox Type

None: Yes

Architecture

Ranch: Yes

Master Bathroom

3/4 Bath Master Bdrm: Yes

Flooring

Carpet: Yes
Tile: Yes
Vinyl: Yes

Window Features

Dual Pane: Yes

Community Features

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

Dining Area

Eat-in Kitchen: Yes

Heating

Electric: Yes

Kitchen Features

Dishwasher: Yes
Electric Oven: Yes
Electric Range: Yes
Refrigerator: Yes
Electric Cooktop: Yes

Cooling

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

Laundry

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

Other Rooms

Bonus/Game Room: Yes
Arizona Room/Lanai: Yes

Separate Den/Office

Sep Den/Office Y/N: Y

Road Access Type

Alley: Yes
City Street: Yes

Road Surface Type

Asphalt: Yes
Dirt: Yes

Road Responsibility

City Maintained Road: Yes

Technology

High Speed Internet: Yes

Fencing

Back Yard: Yes
Perimeter: Yes
Block: Yes

Water Source

City Water: Yes

Exterior Features

Patio: Yes
Storage: Yes

Spa

None: Yes

Sewer

Sewer - Public: Yes

Parking Features

Attached Carport: Yes

New Financing

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

Utilities

APS: Yes

Existing 1st Loan

Conventional: Yes

Property Description

North/South Exposure: Yes
Alley: Yes

Landscaping

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

Services

City Services: Yes

Disclosures

Seller Discl Avail: Yes
Agency Discl Req: Yes

Possession

Close of Escrow: Yes
Subject To Tenant Rights: Yes

Association Fee Incl

No Fees: Yes

Assoc Rules/Info

None: Yes

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: May - 26 - 2026