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Off market
  • $769,400

    2415 S Rural Rd, Tempe, AZ 85282

    4beds
    2,546sqft
    SingleFamily
    Built in 1960
    0.37 Acres Lot
    $769,400 Zestimate®
    $302/sqft
    $2,430 Estimated rent

    Home value

    $769,400

    $700,000 - $846,000

    $2,430/mo

    Zestimate® history
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    Owner options

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    $2,430/mo

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    $2,430/mo

    Rent Zestimate®

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    $4,188/mo

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    $4,188/mo

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    What's special

    Prime investment opportunity. Do your due diligence and confirm any information listed here as far as zoning and possibilities (The square footage and description is correct). There are many doctors, engineers, hair salons, chiropractors around this area which has huge potential. This property can house 3 stories for more office space or student housing since you can walk to ASU main campus from here. There is a 300 square foot finished and newly tiled basement (included in the square footage). One of the buildings is completely gutted and ready for the new owner to start their dream. You could do a quick rehab on the larger unit with the basement and have it rented in no time while you finish the other building. It is estimated that 40,000 plus cars pass this location each and every day. This would be an amazing spot for an engineer or lawyer or any sort of professional to put their office with rental potential to pay the property costs. 20 paved parking spaces and a brand new wall with gates and fences surround this beautiful property. Freshly painted exterior, brand new HVAC on the larger unit. There is natural gas to the property if so desired. Very low maintenance desert landscape. Do not miss your opportunity to be in the heart of town just minutes to everything in the east valley, airport and downtown Phoenix. You can easily fit a garage if you wanted, toys, vehicles, shipping container or whatever you like here in this private parking lot. Would be a great headquarters for an HVAC or plumbing company with many parking spots and fully locked at night. The basement has steps from the outside and could be a separate unit if desired. There are two electrical meters. One water meter. One natural gas meter. Photos - The basement has new soapstone black tile and is below the larger unit in the drawing. 1,165 SF on the ground level of this building and 300 SF in the basement. The unit that is gutted or demoed is 1,081 SF with no basement on that side. The photo with the interior designs shows what could be done on the smaller unit and how the larger one is built out currently.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 1
    • Full bathrooms: 1
    Features
    • Basement: Basement (not specified)
    Interior area
    • Total interior livable area: 2,546 sqft

    Property

    Lot
    • Size: 0.37 Acres

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1960

    Community & neighborhood

    Location
    • Region: Tempe

    Price history

    DateEventPrice
    12/3/2022Listed for sale$875,000+25%$344/sqft
    Source: ARMLS #6468816 Report a problem
    12/1/2022Sold$700,000-20%$275/sqft
    Source: ARMLS #6468816 Report a problem
    11/3/2022Price change$875,000-10.3%$344/sqft
    Source: ARMLS #6468816 Report a problem
    10/14/2022Price change$975,000-11.4%$383/sqft
    Source: ARMLS #6468816 Report a problem
    9/25/2022Listed for sale$1,100,000+46.9%$432/sqft
    Source: ARMLS #6468816 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Hughes Acres

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $769,400