● For sale

$280,000

704 S LEBANON Lane, Tempe, AZ 85288

UNIVERSITY SHADOWS · Maricopa County

3 beds 2 baths 1,132 sqft 120 acres Built 1979 $247 /sqft HOA $350/mo
13 days on market

Description

Priced well below competing properties for a quick sale! Incredible opportunity to own a rare single-level corner townhome in one of Tempe's most convenient locations. Perfect for a second home, ASU housing, long-term rental, short-term rental, or investment property. This desirable 3-bed, 2-bath floorplan features vaulted ceilings, open-concept living and dining areas, and a bright kitchen with excellent natural light. Spacious primary suite includes a walk-in closet, private bath, and direct patio access. Two additional bedrooms provide flexibility for guests, office space, or roommates. Enjoy two private patios ideal for outdoor dining, pets, entertaining, or extra storage. Additional highlights include inside laundry, newer A/C, newer flooring, assigned parking, guest parking, and access to the community pool. Excellent access to Loop 101, ASU, Tempe Marketplace, Mesa Riverview, Sloan Park/Cubs Spring Training, shopping, dining, entertainment, and major employment centers. Opportunities at this price point in Tempe are becoming harder to find.

Property details

Interior

Bedrooms

  • Bedrooms: 3

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Interior Features

  • Full Bth Master Bdrm
  • High Speed Internet
  • 9+ Flat Ceilings
  • Flooring: Carpet, Vinyl, Tile

Appliances

  • Dishwasher
  • Disposal
  • Refrigerator
  • Washer
  • Dryer

Heating and Cooling

  • Cooling Features: Ceiling Fan(s), Central Air
  • Heating Features: Electric

Other Interior

  • Stories: 1
Exterior

Exterior and Lot Features

  • Patio and Porch Features: Patio
  • Fencing: Block, Wood

Land Info

  • Gravel/Stone Front
  • Lot Size Acres: 120.00
  • Lot Size Square Feet: 120

Garage and Parking

  • Carport Spaces: 2
  • Attached Garage: No
  • Parking Features: Assigned Parking
Community

Homeowners Association

  • Association: Yes
  • Association Fee: $350
  • Association Fee Frequency: Monthly
  • Calculated Total Monthly Association Fees: $350
  • Association Fee Includes: Maintenance Grounds

Neighborhood

  • Subdivision: UNIVERSITY SHADOWS
Listing

Other Property Info

  • Annual Tax Amount: $970
  • Source Listing Status: Active
  • County: Maricopa
  • Directions: East to Lebanon, North to property
  • Property Subtype: Townhouse
  • Parcel Number: 135-39-129
  • Postal City: Tempe
  • Listing Date: 5/19/2026
  • MLS#: 7030428
Features

Building and Construction

  • Total Square Feet Living: 1,132
  • Year Built: 1979
  • Property Age: 47
  • Construction Materials: Wood Frame, Painted, Stucco
  • Roof: Built-Up
  • Stories: 1
  • Living Area Source: Assessor

Utilities

  • Water Source: Public

Contact Us

Contact Us

Ask a question or schedule a showing

By submitting you agree to be contacted about this property.

Listed by George Laughton& Trent Windsor My Home Group Real Estate

Listing updated: May 19, 2026

MLS#: 7030428

Data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Similar homes in Tempe

(928) 517-5151