Location Location Location - This spacious ground level fully modern ASU campus condo is one of the rare 3 bedroom 2 bathroom with laundry units in town. Enjoy easy walks or bike rides to all that the Arizona State University campus has to offer including classes, sporting events, theater and cultural events, and kinds of fun entertainment and shopping. Currently rented to ASU students for many years this may continue to be a great rental or occupy in July when the current lease concludes. Rental rates run in the same range as a typical mortgage payment ($2000-$2500/mo) What a great way to build equity while not paying rent to a landlord! This property features a large kitchen and eating area with quartz countertops, upgraded cabinets, stainless appliances. Low maintenance tile flooring throughout, inside unit washer and dryer, covered patio. Two assigned parking spots, one of which is covered. High quality AC unit installed 2 years ago. The community has a pool to enjoy the beautiful sunny Arizona weather!
Sold for $362,500 on 05/31/23
$362,500
510 W University Dr UNIT 117, Tempe, AZ 85281
3beds
2baths
1,081sqft
Condominium
Built in 1986
-- sqft lot
$355,200 Zestimate®
$335/sqft
$1,962 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 08, 2025 at 04:51pm
Listed by:
Geoffrey Adams 602-740-8428,
Realty ONE Group,
Natalie Potter 480-652-8809,
Realty ONE Group
Bought with:
Seth Rich, SA544589000
E & G Real Estate Services
Source: ARMLS,MLS#: 6486189

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s)
Features
- High Speed Internet, Master Downstairs, Eat-in Kitchen, Breakfast Bar, No Interior Steps, 3/4 Bath Master Bdrm
- Flooring: Tile
- Has basement: No
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: Neighbor Above,End Unit
Interior area
- Total structure area: 1,081
- Total interior livable area: 1,081 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned
- Carport spaces: 1
- Uncovered spaces: 1
Features
- Stories: 2
- Patio & porch: Covered, Patio
- Pool features: None
- Spa features: None
- Fencing: Block
Lot
- Size: 1,127 sqft
- Features: Grass Front
Details
- Parcel number: 12433121
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Stucco, Wood Frame, Painted
- Roof: Tile
Condition
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & neighborhood
Community
- Community features: Community Pool, Near Light Rail Stop, Near Bus Stop
Location
- Region: Tempe
- Subdivision: HERMOSA PLACE CONDOMINIUMS UNIT 101-120 201-220
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $135 monthly
- Services included: Roof Repair, Insurance, Sewer, Maintenance Grounds, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior
- Association name: Hermosa Place
- Association phone: 602-863-3600
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Condominium
Services availability
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Estimated market value
$355,200