Estimate anchored to the provided list price ($525,000) and the scraped price/SF ($367). Range reflects recent strength in Tempe's single-family market, proximity to ASU, and the home's updates. No live comparable sales search available — comps are model-based and local-market informed.
Updated 3-Bed Ranch — Large Yard, 2 Miles to ASU
This tastefully updated single-story ranch offers an immediately livable layout and a large, private yard in south Tempe — just about 2 miles from Arizona State University. Inside, the home presents three bedrooms, two baths and 1,430 square feet of comfortable living space. Recent improvements include new flooring, new appliances, new windows and doors, a new washer/dryer and fresh interior and exterior paint. The seller also includes a paid home warranty for added peace of mind.
The kitchen and living areas flow well for everyday life and weekend hosting; bedrooms are well-proportioned and the primary offers convenient access to the yard. Outside, the property sits on an oversized 8,429 sq ft lot with real grass, flowering shrubs and a fruit tree — a rare blank of green in Tempe that invites backyard gatherings, play areas, or a substantial landscape upgrade. The street is quiet and characterized by long-term residents, providing a stable neighborhood feel.
Location is a standout: walk to Meyer Park for sports and playgrounds, and enjoy quick access to local shopping and dining corridors. Students, faculty, or anyone drawn to ASU will appreciate the short commute. With no HOA the property provides flexibility for future improvements — whether you’re adding shade, a patio, or covered parking. The home is also marketed as available for rent, representing both an owner-occupant opportunity and an investor-friendly asset.
If you're seeking a move-in-ready ranch with a sizable yard in a convenient Tempe location, this property is worth a look. Contact the listing agent to schedule a showing and confirm details about mechanical ages and zoning if you have expansion plans.
See the properties helping shape the valuation.
Comparable sales
- 1 additional bedroom
A 1967 ranch on 0.19 acres.
Building
Site & utilities
South Tempe / Meyer Park area
Researched nearby locations
Location
2644 S Butte Ave, Tempe, AZ 85282
South Tempe around Meyer Park is a mature residential area with a mix of mid-century ranch homes and newer renovations. Streets are generally quiet, with parks, neighborhood schools and local services within short drives. The area attracts a mix of families, long-term residents and renters connected to Arizona State University. Proximity to central Tempe and major arterials balances neighborhood calm with urban convenience.
Walking access to Meyer Park and nearby neighborhood parks; easy drive or bike to Tempe Town Lake and Mill Avenue entertainment.
A factual market snapshot around 2644 S Butte Ave.
South Tempe remains a sought-after pocket of the Phoenix MSA due to proximity to ASU, convenience to central Tempe, and comparatively limited inventory of single-family homes. In 2026 the market for updated 3-bedroom homes in Tempe is competitive but calibrated — well-updated, turnkey properties attract quick interest while homes needing work spend longer on market. Median sale prices in nearby neighborhoods sit roughly in the low-to-mid $500Ks; inventory remains lean which supports stable pricing. For buyers this is a chance to secure a ready-to-live-in home with a rare large lot; for investors the ASU adjacency supports steady rental demand. Pricing discipline matters — well-priced turnkey homes typically see the strongest response.
Likely single-family residential zoning (residential detached homes). Verify with City of Tempe for exact code and allowable uses.
Zoning
Research-indicated uses
- Single Family Residence
- Accessory Uses Typical Of SFR Zoning (ADU Allowances Depend On Local Code)
What the research supports — and what is still worth verifying.
Key findings
- 3 bed / 2 bath, 1,430 SF single-story ranch on 0.19 acres
- Listed at $525,000 (~$367/SF) with a recommended valuation range of $500k–$560k
- Located roughly 2 miles from Arizona State University and within walking distance to Meyer Park
- Recent interior/exterior updates reported; home shows in good condition per listing notes
- No garage listed — parking primarily driveway/street
What stands out about this property.
Interior Features
- 3 bedrooms, 2 full bathrooms
- 1,430 sq ft single-story ranch layout
- New floors throughout
- New appliances included
- Fresh interior paint
- New washer and dryer included
Exterior & Lot
- 8,429 sq ft lot (approx. 0.19 acres)
- Private backyard with real grass and fruit tree
- Fresh exterior paint
- Quiet residential street with long-term residents
- No HOA
Location & Neighborhood
- Approximately 2 miles to Arizona State University
- Walking distance to Meyer Park
- Short drive to downtown Tempe and Mill Avenue dining/entertainment
- Convenient access to major arterials for Valley commuting
Walkability & Recreation
- Walkability Rating: 65/100
- Close to neighborhood parks and recreational amenities
- Access to local bike routes and recreation facilities
Sources & research confidence.
See where the property research came from and how confidence varies by field.