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● For sale

$625,000

346 E BROADWAY Lane, Tempe, AZ 85282

UNIVERSITY TERRACE · Maricopa County

3 beds 2 baths 1,650 sqft 0.2 acres Built 1959 $379 /sqft No HOA

186 days on market

What's special

No HOA

Description

Beautifully remodeled gem of a home with 3 bedrooms, 2 bathrooms, and 2 den/flex rooms! This home has been recently remodeled and updated to an incredible modern standard with everything from flooring to kitchen and baths being less than 5 years old! Being situated in such a prime location near major freeways, and within walking distance of ASU is a dream come true for students and rental investors alike. This home is occupied by wonderful tenants at $4475/m until the end of July 2027, so you are given a great option if you'd like to continue renting out this spectacular home as an income property at a cap rate over 8% for the next year as well or take over occupancy yourself right in time for the school year to begin! Either way, we know you'll love this gem of a home!

Property details

Interior

Bedrooms

Bedrooms: 3

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Interior Features

3/4 Bath Master Bdrm
Eat-in Kitchen
High Speed Internet
Flooring: Carpet, Vinyl, Tile
Window Features: Dual Pane

Appliances

Dishwasher
Refrigerator
Electric Cooktop
Electric Oven
Electric Range
Washer
Dryer
Stacked Washer/Dryer
Laundry Features: Washer Hookup, Inside

Heating and Cooling

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

Other Interior

Stories: 1

Exterior

Exterior and Lot Features

Storage
Patio and Porch Features: Patio
Fencing: Block, Back Yard, Perimeter

Land Info

North/South Exposure
Alley
Desert Front
Gravel/Stone Front
Grass Front
Grass Back
Irrigation Front
Irrigation Back
Lot Size Acres: 0.20
Lot Size Square Feet: 8,494

Garage and Parking

Carport Spaces: 1
Attached Garage: No
Parking Features: Attached Carport

Community

Homeowners Association

Association: No
Association Fee Includes: No Fees

Neighborhood

Subdivision: UNIVERSITY TERRACE

Listing

Other Property Info

Annual Tax Amount: $1,747
Source Listing Status: Active
County: Maricopa
Directions: Home is tenant occupied, please do not disturb.
Property Subtype: Single Family Residence
Parcel Number: 133-15-032
Postal City: Tempe
Listing Date: 11/26/2025
MLS#: 6951623

Features

Building and Construction

Total Square Feet Living: 1,650
Year Built: 1959
Property Age: 67
Architectural Style: Ranch
Construction Materials: Block, Painted, Brick Veneer
Roof: Composition
Stories: 1
Living Area Source: Assessor

Utilities

Water Source: Public

Contact Us

Ask a question or schedule a showing

Listed by Nico LoPesio HomeSmart

Listing updated: May 26, 2026

MLS#: 6951623

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.