$525,000
2644 S Butte Ave, Tempe, AZ 85282
Updated 3-Bed Ranch — Large Yard, 2 Miles to ASU
3 Bed · 2 Bath · 1,430 Sq Ft
Turnkey single-story home with private grassy yard and no HOA
3
Beds
2
Baths
1,430
Sq Ft
1967
Built
0.19 acres
Lot
No garage listed — driveway and street parking
Garage
About 2644 S Butte Ave
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.
Home Highlights
Property Features
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
Neighborhood & Location
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.
Market Insights
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.
Nearby Schools
Broadmor Elementary School
Elementary · 1.0 mi
Connolly Middle School
Middle · 1.8 mi
McClintock High School
High · 2.1 mi
Walkability & Recreation
Walking access to Meyer Park and nearby neighborhood parks; easy drive or bike to Tempe Town Lake and Mill Avenue entertainment.
Investment Highlights
- Large 8,429 sq ft lot in south Tempe — rare for the price band
- Move-in ready with numerous recent updates (floors, windows/doors, appliances)
- Short commute to ASU — strong rental demand and resale appeal
- No HOA provides flexibility for exterior/landscape improvements
- Seller-paid home warranty reduces short-term maintenance risk
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
Things to Consider
- No detailed disclosures on mechanical ages (HVAC, water heater, roof) — verify before contract
- No garage may reduce appeal for buyers seeking enclosed parking
- School assignments cited are approximate — buyer should confirm with district
- Zoning specifics and any potential for ADU or lot reconfiguration require city verification
Opportunity Analysis
Buyers seeking a turnkey single-story home near ASU or investors targeting strong rental demand in Tempe should consider this updated ranch: it combines a large yard, no HOA, and proximity to parks and campus. The asset can be rented to students/young professionals or held for long-term appreciation as Tempe remains an in-demand submarket of the Phoenix MSA.
Potential Use Scenarios
- Owner-occupant: move-in and stage outdoor areas to maximize curb appeal; consider adding covered parking or shade structures.
- Investor: validate rent comps; consider furnished leasing for premium near-term cashflow given proximity to ASU.
- Renovation: modest landscaping and backyard hardscape to maximize outdoor living appeal; kitchen/bath cosmetic refresh only if needed.
Risk Factors
- Unverified mechanical/roof condition could require near-term capital expenditure.
- Absence of garage and limited parking may suppress some buyer segments.
- Market sensitivity to interest rates and student rental demand seasonality.
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$500K
Midpoint
$530K
High
$560K
$370.63/SF estimated price per square foot
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.
As of 2026-03-13
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Market & Area Data
Market Trends
Demographics
Tempe has seen steady population growth and rental demand driven by ASU and employment growth in the wider Phoenix metro; south Tempe is a mix of long-term residents and student/young-professional renters.
Nearby Points of Interest
- Arizona State University (approx. 2 miles)
- Meyer Park (walking distance — per listing)
Short walk to Meyer Park; close driving distance to ASU campus, downtown Tempe (Mill Avenue), local shopping and dining corridors. Neighborhood offers easy access to commuter routes and public transit corridors into central Tempe and Phoenix.
School District
Market data is based on aggregated public records and may not reflect real-time conditions.
Property Details
Building Details
Lot & Site
Utilities
Zoning & Land Use
Allowed Uses
Tax & Sale History
Tax Assessment
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