42 W Thomas Lane, Tempe, AZ 85281

$598,000 Asking Price

4 beds
4 baths
1,832  sqft
Built in 1925

This unique home includes a MAIN HOUSE with 1,372sq ft, 4 bedrooms + 4baths, and a DETACHED STUDIO. Approximately 460 sq ft. with its own seperate meter, bathroom and kitchen. A fantastic investment property OR investment. It is a perfect lot to build a brand new home or add to the current home. R2 zoining makes this property highly desirable. Blocks from ASU, Mill Ave, waterfront, Cartel Coffee, Whole Foods and all the vibrant downtown Tempe places. Tenants in place- 48hour notice needed.

Features & Amenities

Interior

General:
See Remarks, Eat-in Kitchen, 3/4 Bath Master Bdrm, High Speed Internet
Flooring:
Wood
A/C:
Central Air, Ceiling Fan(s), Mini Split
Heating:
Electric
Fireplace:
None

Exterior

General:
Guest House
Style:
Other
Pool:
None

Construction

Roofing:
Composition
General:
Stucco, Wood Frame, Painted

Location

HOA Amenities:
No Fees
Originating MLS:
Arizona Regional Multiple Listing Service 2
School District:
Tempe School District
County:
Maricopa

Lot

Zoning:
13318023B
Fencing:
Chain Link

Utilities

Water:
City Water
Sewer:
Public Sewer

Financial

Source:
Arizona Regional Multiple Listing Service 2

This listing courtesy of:
Realty Executives, Lisa Greguska

About Tempe, AZ

Housing

Number of Units
86,533
Median Home Value
$306,073
Median Rent
$1,139

61.06% of housing units are renter occupied.

8.05% are vacant.

Commute

Car
59.79%
Public Transportation
3.04%
Walk to Work
3.96%
Work from Home
28.51%
Other
1.42%

The median travel time to work is 16 minutes.

People

Population
190,328
Median Age
32.80
Median Household Size
2.47

Education

High School
15.36%
Associate’s Degree
7.06%
Bachelor’s Degree
26.67%
Graduate Degree
19.70%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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