1 W FAIRMONT Drive, Tempe, AZ 85282

$545,000 Asking Price

5 beds
3 baths
2,122  sqft
Built in 1961

Nestled in the heart of Tempe, just off Mill Avenue, stands a charming 4- bedroom home boasting both convenience and versatility. This inviting residence offers spacious living areas ideal for families or savvy investors seeking rental income. The highlight? An attached 5th bedroom with a separate entrance and bath, perfect for guests, tenants, or a home office. With its prime location and flexible layout, this property promises endless possibilities, whether as a cherished primary home or a lucrative investment opportunity.

Features & Amenities

Interior

General:
Eat-in Kitchen, 3/4 Bath Master Bdrm
Flooring:
Tile, Wood
A/C:
Refrigeration, Ceiling Fan(s)
Heating:
Natural Gas
Fireplace:
1 Fireplace, Fireplace

Exterior

General:
None
Pool:
None

Construction

Roofing:
Composition
General:
Painted, Block

Location

HOA Amenities:
Not Managed, No Fees
Originating MLS:
Arizona Regional Multiple Listing Service 2
School District:
Tempe Elementary School District
County:
Maricopa

Lot

Zoning:
13329014
Fencing:
Block

Utilities

Water:
City Water
Sewer:
Public Sewer

Financial

Source:
Arizona Regional Multiple Listing Service 2

This listing courtesy of:
Redfin Corporation, Heather M Mahmood-Corley

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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