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(317) 373-0153

4803 S Terrace Rd, Tempe, AZ 85282

$260,000

Inviting condo exterior with landscaping and bench at 4803 S Terrace Rd, Tempe, AZ 85282
  • Bedrooms

    2

  • Baths

    1

  • Sq. Feet

    792

  • Year Built

    1972

  • Days On Market

    4

  • $/SqFt

    $328

10 Photos

  • Inviting condo exterior with landscaping and bench at 4803 S Terrace Rd, Tempe, AZ 85282
  • Neat walkway and building exterior view at 4803 S Terrace Rd, Tempe, AZ 85282
  • Condo exterior, showing front door and landscaping at 4803 S Terrace Rd, Tempe, AZ 85282
  • Spacious grassy backyard with mature trees at 4803 S Terrace Rd, Tempe, AZ 85282
  • Private patio with storage shed and pergola at 4803 S Terrace Rd, Tempe, AZ 85282
  • Interior view from patio, showing tiled floor at 4803 S Terrace Rd, Tempe, AZ 85282
  • Exterior storage shed with light-colored siding at 4803 S Terrace Rd, Tempe, AZ 85282
  • Carport parking spaces for residents at 4803 S Terrace Rd, Tempe, AZ 85282
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Home Description

Discover a highly desirable 2-bed, 1-bath end-unit townhome in the heart of Tempe—an exceptional investment opportunity offering both convenience and strong rental potential. Located near the US-60 freeway, and minutes from Arizona State University, Sky Harbor Airport, and a variety of shopping, dining, and entertainment options, this property is ideal for attracting long-term tenants. Designed for comfort and efficiency, the home features a welcoming layout with a mix of tile and carpet (installed in 2021). The kitchen includes all appliances, and washer/dryer hookups add convenience. A new water heater installed in 2021 enhances the home's efficiency. A charming French door entry leads to an intimate backyard with a covered patio, perfect for relaxation or entertaining. The home also offers ample storage space and a two-car carport for added value. Positioned in a well-maintained community, residents will enjoy a spacious greenbelt right outside the front door and a sparkling pool just steps away. With its unbeatable location and investment-friendly features, this townhome presents a turnkey opportunity for both seasoned and first-time investors.

  • Pool: None
  • Spa: None
  • Parking: Assigned,Community Structure,Rear Vehicle Entry
  • Garage Spaces: 0.00
  • Interior: Eat-in Kitchen,High Speed Internet
  • Full Baths: 1
  • Partial Baths: 0
  • Fireplace: None
  • Flooring: Carpet,Tile
  • Other Rooms: Family Room
  • Additional Bedrooms: Other Bdrm Split

Available now at $260,000

  • Exterior: Covered Patio(s),Storage
  • Construction: Frame - Wood,Siding
  • Lot: Corner Lot,Grass Front,Gravel/Stone Back
  • Lot Sq Ft: 1451
  • Water: City Water
  • Tax Municipality: Tempe
  • HOA 1 Fee: $219 Monthly
  • HOA 1 Transfer Fee: $0
  • Association Amenities: Rental OK (See Rmks)

Neighborhood

The average asking price of a 2 bedroom Tempe condo in this zip code is $281,259 (8.2% more than this home).

This condo is priced at $328/sqft, which is 7.3% less than similar condos in the 85282 zip code.

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School Information

  • District:Tempe Union High School District (High School), Tempe School District (Elementary)
  • Elementary:Arredondo Elementary School
  • Junior High:McKemy Academy of International Studies
  • High School:Marcos De Niza High School

Financial

  • Approx Payment:$1,317*
  • Taxes:$822

Area Stats

These statistics are updated daily from the Metropolitan Phoenix Board of REALTORS® Multiple Listing Service. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (317) 373-0153 and speak with one of our real estate consultants.

Listing Courtesy of eXp Realty. For information or to schedule a viewing of this property (MLS# 6816263), call: 317-373-0153

4803 S Terrace Rd, Tempe AZ is a condo of 792 sqft and is currently priced at $260,000 . This condo has 2 bedrooms. A comparable condo for sale at 200 E Southern Ave # 242 in Tempe is listed at $334,900. In addition to condos, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Tempe, AZ. Casa Los Cerros, Chesapeake Condominium and Hudson Trace are nearby neighborhoods. MLS 6816263 has been posted on this site since 2/7/2025 (today).

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