2340 E University Dr #144 · Tempe, AZ 85288

$95,000

3 bd · 2.0 ba · 1,440 sqft · Manufactured · 101 Days on market

Built 1983 3,200 sqft lot Est $137k · 31% under ↓ 24% since listing

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Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.9/5.0
• Rent growth +2.9/5.0
• Appreciation +2.7/10.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0

Listing remarks MLS

Beautifully remodeled 3 bed 2 bath located in all-ages family community. This large doublewide has an updated modern kitchen, new waterproof flooring, and many more upgrades. A new AC, and foam roof w/ reflective coating make it energy efficient! Also has new hot water heater, flooring, electrical, and pex plumbing. The kitchen has new stainless steel appliances, custom countertops and built-ins. Updated lighting throughout! This home will make you feel like you are in a model single family home. The community features a large swimming pool and hot tub, two grassy green play parks, multiple picnic areas and lots of shade trees. Currently lot rent is only $705/mo plus utilities. Financing options available. Easy access to FWY 101 and 202, ASU and shopping centers. Financing available!

Key facts

• 3,200 sq ft lot
• 2 parking spots
• Community pool

Property features AI

Finance

• HOA & community: Land lease: $829 monthly; Association fee includes other items (see remarks); Community pool; Heated community spa; Playground; Near bus stop

Exterior

• Parking: 2 covered parking spaces; 2 carport spaces
• Utilities: City water; Public sewer
• Home design: Manufactured/mobile home; Leasehold ownership; Asphalt road access
• Construction: Steel frame construction; Painted exterior; See remarks for additional details; Reflective coating roof; Foam roof
• Exterior features: Screened-in patio(s); Storage; Chain link fencing; Grass in front yard; Grass in back yard

Interior

• Kitchen: Refrigerator; Dishwasher; Pantry; Laminate countertops
• Bedrooms: Up to 3 bedrooms
• Flooring: Carpet; Laminate; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central air; Ceiling fans; Electric heating; Floor furnace; Wall furnace
• Interior features: High-speed internet; Double vanity; Pantry; Full bath in primary bedroom; Laminate counters

🏷️ Possibly a rental listed for sale. The $95,000 price doesn't fit this home's estimated sale value (~$136,800) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $95k.

Deal economics

• At list price, monthly cash flow is $939 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $95k).
• Recommended offer: $86k (9.0% below list) — sets the bar for market timing.
• Cap rate 18.2% vs local median 3.4% in Tempe — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 78/100 on livability (#10 in AZ, #2,527 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, housing A+; Watch: cost of living C-, health & safety D, crime F.
• Tempe School District (4258) (urban): math 17% / reading 29% proficiency, ranked #170 of 249 in AZ (top 68%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Flora Thew Elementary School (math 9% / reading 20%, grade F, #898 of 1,109 statewide, top 83%, 458 students, 88% FRL); Connolly Middle School (math 22% / reading 29%, grade F, #104 of 218 statewide, top 47%, 984 students, 56% FRL) — zoned schools average 72% FRL vs 57% district-wide (15 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.7%/yr); 105 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 2d on market — plan ~1-2 weeks tenant-placement turnaround); 36,011 units permitted in Maricopa County in 2024 (12,801 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $657 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Maricopa County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 1.7% rent growth), your $27k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 101 days — a 9% lower offer ($86k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 3y ago; this cycle's ask has dropped $25k (21%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $86,450 (9.0% below list)

Questions for the listing agent

1. It's been on market 101 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 2.13% ✓
• Cap rate: 18.15%
• Cash-on-cash: 42.35%
• DSCR: 2.88
• GRM: 3.9

CMA / ARV

• ARV (on-the-fly): $136,800
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2340 E University Dr #52	0.08mi	3/2.0	1,344 (-7%)	7mo	$80,000	$60	79
2727 E Unversity Dr #106	0.49mi	3/2.0	1,456 (+1%)	4mo	$140,000	$96	72
2727 E University Dr #99	0.48mi	3/2.0	1,456 (+1%)	6mo	$172,000	$118	70
2727 E University Dr #110	0.48mi	3/2.0	1,456 (+1%)	8mo	$138,000	$95	69
2340 E University Dr #237	0.16mi	3/2.0	1,568 (+9%)	13mo	$47,900	$31	67
2340 E University Dr #139	0.22mi	4/2.0 (+1)	1,568 (+9%)	4mo	$56,575	$36	67
2727 E University Dr #78	0.52mi	3/2.0	1,540 (+7%)	3mo	$136,130	$88	62
2727 E University Dr #80	0.51mi	3/2.0	1,344 (-7%)	9mo	$20,000	$15	58
2727 E University Dr #28	0.51mi	2/2.0 (-1)	1,426 (-1%)	14mo	$165,000	$116	58
2727 E University Dr #40	0.51mi	2/2.0 (-1)	1,456 (+1%)	14mo	$192,050	$132	57
2727 E University Dr #146	0.48mi	3/2.0	1,248 (-13%)	2mo	$162,500	$130	54
2727 E University Dr #41	0.48mi	3/2.0	1,248 (-13%)	8mo	$67,000	$54	49

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.66% rent growth · sell at horizon

5-year hold

• IRR: 37.5%
• Equity multiple: 2.57×
• Total profit: $41,742
• Equity at exit: $14,165

10-year hold

• IRR: 43.4%
• Equity multiple: 4.86×
• Total profit: $102,733
• Equity at exit: $8,214

Cash invested: $26,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Arizona: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

5-day pay-or-quit; AZ courts known for speed; no state rent control; cities preempted by state law.

Methodology + full state rankings →

ZIP-level market 85288

• Home prices YoY: -0.7%
• Rents YoY: 1.7%
• Active inventory: 105
• Price-to-rent: 3.9×

Monthly cashflow live

• Estimated rent: $2,019 high
• Mortgage (P&I): −$498
• Tax est. 1.5%: −$119 /mo · $1,425/yr
• Insurance: −$40
• HOA: −$0
• Vacancy / Maint / Mgmt: −$424
• Net cashflow: $939

Break-even live

Break-even rent $831

Max offer price $95,000

Occupancy floor 49%

Sensitivity live

Price	-10% $1,004	-5% $972	+0% $939	+5% $906	+10% $873
Rent	-10% $779	-5% $859	+0% $939	+5% $1,019	+10% $1,098
Rate	-1.0pp $987	-0.5pp $963	base $939	+0.5pp $914	+1.0pp $889

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $23,750
• Closing costs: $2,850
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
546 S Allred Dr Tempe, AZ	2.0	2.0	987	$1,550	$1.57	17d	1	0.07mi
2450 E 5th Pl Tempe, AZ	2.0	2.0	987	$1,650	$1.67	4d	1	0.09mi
2401 E Rio Salado Pkwy Tempe, AZ	2.0–3.0	2.0–3.0	1234	$2,400	$1.94	25d	6	0.23mi
2401 E Rio Salado Pkwy Tempe, AZ	2.0–4.0	2.0–3.5	1470	$2,325	$1.58	2d	4	0.23mi
540 N May #2145 Mesa, AZ	2.0	2.0	988	$1,495	$1.51	2d	1	0.23mi
540 N May #3122 Mesa, AZ	3.0	2.0	1306	$1,700	$1.30	2d	1	0.24mi
540 N May #3106 Mesa, AZ	3.0	2.0	1306	$1,540	$1.18	2d	1	0.26mi
540 N May #3119 Mesa, AZ	2.0	2.0	1029	$1,395	$1.36	4d	1	0.26mi
2325 E Rio Salado Pkwy Tempe, AZ	2.0	1.0–2.0	901	$2,072	$2.30	2d	12	0.28mi
711 N Evergreen Rd Mesa, AZ	1.0–2.0	1.0–2.0	1017	$2,038	$2.00	2d	11	0.33mi
2693 E Silk Oak Dr Unit 2693 Tempe, AZ	2.0	1.0	951	$1,400	$1.47	23d	1	0.38mi
555 N May Mesa, AZ	2.0	2.0	963	$1,695	$1.76	18d	1	0.44mi
555 N May #23 Mesa, AZ	2.0	2.0	963	$1,752	$1.82	17d	1	0.49mi
633 N May #31 Mesa, AZ	3.0	2.0	936	$1,600	$1.71	23d	1	0.49mi
2141 E University Dr Tempe, AZ	1.0–3.0	1.0	825	$1,630	$1.98	2d	6	0.54mi
712 N Santa Barbara #1 Mesa, AZ	3.0	2.0	1363	$2,145	$1.57	2d	1	0.56mi
2605 E Lemon St Tempe, AZ	3.0	2.0	1176	$1,999	$1.70	2d	1	0.57mi
2131 E 10th St #3 Tempe, AZ	3.0	2.0	1036	$1,950	$1.88	3d	1	0.58mi
2123 E Kirkland Ln #2 Tempe, AZ	3.0	2.0	1036	$3,200	$3.09	3d	1	0.59mi
2060 W Devonshire Cir Mesa, AZ	3.0	2.0	1791	$2,600	$1.45	2d	1	0.61mi
98 S River Dr Tempe, AZ	3.0	1.0–3.0	1090	$4,428	$4.06	2d	25	0.66mi
2320 E Apache Blvd Tempe, AZ	1.0–3.0	1.0–2.0	826	$1,376	$1.66	2d	18	0.69mi
850 S River Dr Rm 2 Tempe, AZ	3.0	3.0	1130	$800	$0.71	2d	1	0.70mi
850 S River Dr #2085 Tempe, AZ	2.0	2.0	1130	$1,599	$1.42	2d	1	0.70mi
2027 E University Dr #113 Tempe, AZ	3.0	3.0	1510	$2,250	$1.49	2d	1	0.82mi
2157 E Apache Blvd Tempe, AZ	2.0	1.0–2.5	899	$2,225	$2.47	2d	35	0.85mi
901 S Smith Rd #1047 Tempe, AZ	3.0	3.5	1839	$2,895	$1.57	2d	1	0.86mi
901 S Smith Rd #1047 Tempe, AZ	3.0	3.5	1839	$2,895	$1.57	19d	1	0.86mi
2068 E Howe Ave Tempe, AZ	4.0	2.0	1150	$2,600	$2.26	2d	1	0.87mi
901 S Smith Rd #1056 Tempe, AZ	3.0	2.5	1833	$3,000	$1.64	2d	1	0.87mi
2063 E Lemon St Unit 3004 Tempe, AZ	2.0	2.0	1000	$1,795	$1.79	2d	1	0.91mi
2063 E Lemon St Unit 2004 Tempe, AZ	2.0	2.0	1000	$1,695	$1.70	2d	1	0.91mi
2125 E Apache Blvd Tempe, AZ	2.0	1.0–2.0	818	$2,017	$2.47	2d	21	0.92mi
1975 E University Dr Tempe, AZ	1.0–2.0	1.0–2.0	845	$1,643	$1.94	2d	23	0.93mi
1979 E Rio Salado Pkwy Tempe, AZ	2.0	1.0–2.0	859	$2,911	$3.39	2d	30	0.95mi
909 S Kenwood Cir Unit A Tempe, AZ	2.0	1.0	1443	$1,395	$0.97	6d	1	0.98mi
909 S Kenwood Cir Tempe, AZ	2.0	1.0	1443	$1,395	$0.97	2d	1	0.98mi
2058 E Apache Blvd Tempe, AZ	1.0–3.0	1.0–3.0	1028	$3,054	$2.97	2d	19	1.01mi
2025 E Apache Blvd Tempe, AZ	1.0–2.0	1.0–2.0	810	$2,293	$2.83	2d	22	1.06mi
1905 E University Dr Tempe, AZ	2.0	2.0	1055	$1,632	$1.55	2d	2	1.09mi

Listing history 36 events

1. 2026-06-21
   days on market $95,000 Active 101 DOM
2. 2026-06-18
   days on market $95,000 Active 98 DOM
3. 2026-06-17
   pricedays on market $95,000 Active 97 DOM
4. 2026-06-16
   days on market $98,000 Active 96 DOM
5. 2026-06-15
   days on market $98,000 Active 95 DOM
6. 2026-06-13
   days on market $98,000 Active 93 DOM
7. 2026-06-13
   days on market $98,000 Active 92 DOM
8. 2026-06-09
   days on market $98,000 Active 89 DOM
9. 2026-06-08
   days on market $98,000 Active 88 DOM
10. 2026-06-07
    days on market $98,000 Active 87 DOM
11. 2026-06-04
    days on market $98,000 Active 84 DOM
12. 2026-06-03
    days on market $98,000 Active 83 DOM
13. 2026-06-02
    days on market $98,000 Active 82 DOM
14. 2026-06-01
    days on market $98,000 Active 81 DOM
15. 2026-06-01
    price $98,000 Active 80 DOM
16. 2026-05-31
    days on market $105,000 Active 80 DOM
17. 2026-04-16
    price $105,000
18. 2026-03-12
    listed $120,000 Active
19. 2023-09-14
    status Pending 795-char remark

    Show marketing remark (795 chars)

    Beautifully remodeled 3 bed 2 bath located in all-ages family community. This large doublewide has an updated modern kitchen, new waterproof flooring, and many more upgrades. A new AC, and foam roof w/ reflective coating make it energy efficient! Also has new hot water heater, flooring, electrical, and pex plumbing. The kitchen has new stainless steel appliances, custom countertops and built-ins. Updated lighting throughout! This home will make you feel like you are in a model single family home. The community features a large swimming pool and hot tub, two grassy green play parks, multiple picnic areas and lots of shade trees. Currently lot rent is only $705/mo plus utilities. Financing options available. Easy access to FWY 101 and 202, ASU and shopping centers. Financing available!

20. 2023-09-14
    listed $128,000 Active 795-char remark

    Show marketing remark (795 chars)

    Beautifully remodeled 3 bed 2 bath located in all-ages family community. This large doublewide has an updated modern kitchen, new waterproof flooring, and many more upgrades. A new AC, and foam roof w/ reflective coating make it energy efficient! Also has new hot water heater, flooring, electrical, and pex plumbing. The kitchen has new stainless steel appliances, custom countertops and built-ins. Updated lighting throughout! This home will make you feel like you are in a model single family home. The community features a large swimming pool and hot tub, two grassy green play parks, multiple picnic areas and lots of shade trees. Currently lot rent is only $705/mo plus utilities. Financing options available. Easy access to FWY 101 and 202, ASU and shopping centers. Financing available!

21. 2023-09-14
    soldstatus $128,000 Closed 795-char remark

    Show marketing remark (795 chars)

    Beautifully remodeled 3 bed 2 bath located in all-ages family community. This large doublewide has an updated modern kitchen, new waterproof flooring, and many more upgrades. A new AC, and foam roof w/ reflective coating make it energy efficient! Also has new hot water heater, flooring, electrical, and pex plumbing. The kitchen has new stainless steel appliances, custom countertops and built-ins. Updated lighting throughout! This home will make you feel like you are in a model single family home. The community features a large swimming pool and hot tub, two grassy green play parks, multiple picnic areas and lots of shade trees. Currently lot rent is only $705/mo plus utilities. Financing options available. Easy access to FWY 101 and 202, ASU and shopping centers. Financing available!

22. 2023-09-11
    soldstatus $128,000 Closed 795-char remark

    Show marketing remark (795 chars)

    Beautifully remodeled 3 bed 2 bath located in all-ages family community. This large doublewide has an updated modern kitchen, new waterproof flooring, and many more upgrades. A new AC, and foam roof w/ reflective coating make it energy efficient! Also has new hot water heater, flooring, electrical, and pex plumbing. The kitchen has new stainless steel appliances, custom countertops and built-ins. Updated lighting throughout! This home will make you feel like you are in a model single family home. The community features a large swimming pool and hot tub, two grassy green play parks, multiple picnic areas and lots of shade trees. Currently lot rent is only $705/mo plus utilities. Financing options available. Easy access to FWY 101 and 202, ASU and shopping centers. Financing available!

23. 2023-08-27
    status Pending 795-char remark

    Show marketing remark (795 chars)

    Beautifully remodeled 3 bed 2 bath located in all-ages family community. This large doublewide has an updated modern kitchen, new waterproof flooring, and many more upgrades. A new AC, and foam roof w/ reflective coating make it energy efficient! Also has new hot water heater, flooring, electrical, and pex plumbing. The kitchen has new stainless steel appliances, custom countertops and built-ins. Updated lighting throughout! This home will make you feel like you are in a model single family home. The community features a large swimming pool and hot tub, two grassy green play parks, multiple picnic areas and lots of shade trees. Currently lot rent is only $705/mo plus utilities. Financing options available. Easy access to FWY 101 and 202, ASU and shopping centers. Financing available!

24. 2023-08-15
    historical Under Contract Accepting Backups 795-char remark

    Show marketing remark (795 chars)

    Beautifully remodeled 3 bed 2 bath located in all-ages family community. This large doublewide has an updated modern kitchen, new waterproof flooring, and many more upgrades. A new AC, and foam roof w/ reflective coating make it energy efficient! Also has new hot water heater, flooring, electrical, and pex plumbing. The kitchen has new stainless steel appliances, custom countertops and built-ins. Updated lighting throughout! This home will make you feel like you are in a model single family home. The community features a large swimming pool and hot tub, two grassy green play parks, multiple picnic areas and lots of shade trees. Currently lot rent is only $705/mo plus utilities. Financing options available. Easy access to FWY 101 and 202, ASU and shopping centers. Financing available!

25. 2023-08-10
    price $128,000 795-char remark

    Show marketing remark (795 chars)

    Beautifully remodeled 3 bed 2 bath located in all-ages family community. This large doublewide has an updated modern kitchen, new waterproof flooring, and many more upgrades. A new AC, and foam roof w/ reflective coating make it energy efficient! Also has new hot water heater, flooring, electrical, and pex plumbing. The kitchen has new stainless steel appliances, custom countertops and built-ins. Updated lighting throughout! This home will make you feel like you are in a model single family home. The community features a large swimming pool and hot tub, two grassy green play parks, multiple picnic areas and lots of shade trees. Currently lot rent is only $705/mo plus utilities. Financing options available. Easy access to FWY 101 and 202, ASU and shopping centers. Financing available!

26. 2023-08-02
    status Active 795-char remark

    Show marketing remark (795 chars)

    Beautifully remodeled 3 bed 2 bath located in all-ages family community. This large doublewide has an updated modern kitchen, new waterproof flooring, and many more upgrades. A new AC, and foam roof w/ reflective coating make it energy efficient! Also has new hot water heater, flooring, electrical, and pex plumbing. The kitchen has new stainless steel appliances, custom countertops and built-ins. Updated lighting throughout! This home will make you feel like you are in a model single family home. The community features a large swimming pool and hot tub, two grassy green play parks, multiple picnic areas and lots of shade trees. Currently lot rent is only $705/mo plus utilities. Financing options available. Easy access to FWY 101 and 202, ASU and shopping centers. Financing available!

27. 2023-08-01
    historical 795-char remark

    Show marketing remark (795 chars)

    Beautifully remodeled 3 bed 2 bath located in all-ages family community. This large doublewide has an updated modern kitchen, new waterproof flooring, and many more upgrades. A new AC, and foam roof w/ reflective coating make it energy efficient! Also has new hot water heater, flooring, electrical, and pex plumbing. The kitchen has new stainless steel appliances, custom countertops and built-ins. Updated lighting throughout! This home will make you feel like you are in a model single family home. The community features a large swimming pool and hot tub, two grassy green play parks, multiple picnic areas and lots of shade trees. Currently lot rent is only $705/mo plus utilities. Financing options available. Easy access to FWY 101 and 202, ASU and shopping centers. Financing available!

28. 2023-06-29
    price $130,000 795-char remark

    Show marketing remark (795 chars)

    Beautifully remodeled 3 bed 2 bath located in all-ages family community. This large doublewide has an updated modern kitchen, new waterproof flooring, and many more upgrades. A new AC, and foam roof w/ reflective coating make it energy efficient! Also has new hot water heater, flooring, electrical, and pex plumbing. The kitchen has new stainless steel appliances, custom countertops and built-ins. Updated lighting throughout! This home will make you feel like you are in a model single family home. The community features a large swimming pool and hot tub, two grassy green play parks, multiple picnic areas and lots of shade trees. Currently lot rent is only $705/mo plus utilities. Financing options available. Easy access to FWY 101 and 202, ASU and shopping centers. Financing available!

29. 2023-06-15
    price $131,500 795-char remark

    Show marketing remark (795 chars)

    Beautifully remodeled 3 bed 2 bath located in all-ages family community. This large doublewide has an updated modern kitchen, new waterproof flooring, and many more upgrades. A new AC, and foam roof w/ reflective coating make it energy efficient! Also has new hot water heater, flooring, electrical, and pex plumbing. The kitchen has new stainless steel appliances, custom countertops and built-ins. Updated lighting throughout! This home will make you feel like you are in a model single family home. The community features a large swimming pool and hot tub, two grassy green play parks, multiple picnic areas and lots of shade trees. Currently lot rent is only $705/mo plus utilities. Financing options available. Easy access to FWY 101 and 202, ASU and shopping centers. Financing available!

30. 2023-06-08
    price $132,500 795-char remark

    Show marketing remark (795 chars)

    Beautifully remodeled 3 bed 2 bath located in all-ages family community. This large doublewide has an updated modern kitchen, new waterproof flooring, and many more upgrades. A new AC, and foam roof w/ reflective coating make it energy efficient! Also has new hot water heater, flooring, electrical, and pex plumbing. The kitchen has new stainless steel appliances, custom countertops and built-ins. Updated lighting throughout! This home will make you feel like you are in a model single family home. The community features a large swimming pool and hot tub, two grassy green play parks, multiple picnic areas and lots of shade trees. Currently lot rent is only $705/mo plus utilities. Financing options available. Easy access to FWY 101 and 202, ASU and shopping centers. Financing available!

31. 2023-05-25
    price $135,000 795-char remark

    Show marketing remark (795 chars)

    Beautifully remodeled 3 bed 2 bath located in all-ages family community. This large doublewide has an updated modern kitchen, new waterproof flooring, and many more upgrades. A new AC, and foam roof w/ reflective coating make it energy efficient! Also has new hot water heater, flooring, electrical, and pex plumbing. The kitchen has new stainless steel appliances, custom countertops and built-ins. Updated lighting throughout! This home will make you feel like you are in a model single family home. The community features a large swimming pool and hot tub, two grassy green play parks, multiple picnic areas and lots of shade trees. Currently lot rent is only $705/mo plus utilities. Financing options available. Easy access to FWY 101 and 202, ASU and shopping centers. Financing available!

32. 2023-05-16
    status Active 795-char remark

    Show marketing remark (795 chars)

    Beautifully remodeled 3 bed 2 bath located in all-ages family community. This large doublewide has an updated modern kitchen, new waterproof flooring, and many more upgrades. A new AC, and foam roof w/ reflective coating make it energy efficient! Also has new hot water heater, flooring, electrical, and pex plumbing. The kitchen has new stainless steel appliances, custom countertops and built-ins. Updated lighting throughout! This home will make you feel like you are in a model single family home. The community features a large swimming pool and hot tub, two grassy green play parks, multiple picnic areas and lots of shade trees. Currently lot rent is only $705/mo plus utilities. Financing options available. Easy access to FWY 101 and 202, ASU and shopping centers. Financing available!

33. 2023-05-08
    historical 795-char remark

    Show marketing remark (795 chars)

    Beautifully remodeled 3 bed 2 bath located in all-ages family community. This large doublewide has an updated modern kitchen, new waterproof flooring, and many more upgrades. A new AC, and foam roof w/ reflective coating make it energy efficient! Also has new hot water heater, flooring, electrical, and pex plumbing. The kitchen has new stainless steel appliances, custom countertops and built-ins. Updated lighting throughout! This home will make you feel like you are in a model single family home. The community features a large swimming pool and hot tub, two grassy green play parks, multiple picnic areas and lots of shade trees. Currently lot rent is only $705/mo plus utilities. Financing options available. Easy access to FWY 101 and 202, ASU and shopping centers. Financing available!

34. 2023-04-21
    status Active 795-char remark

    Show marketing remark (795 chars)

    Beautifully remodeled 3 bed 2 bath located in all-ages family community. This large doublewide has an updated modern kitchen, new waterproof flooring, and many more upgrades. A new AC, and foam roof w/ reflective coating make it energy efficient! Also has new hot water heater, flooring, electrical, and pex plumbing. The kitchen has new stainless steel appliances, custom countertops and built-ins. Updated lighting throughout! This home will make you feel like you are in a model single family home. The community features a large swimming pool and hot tub, two grassy green play parks, multiple picnic areas and lots of shade trees. Currently lot rent is only $705/mo plus utilities. Financing options available. Easy access to FWY 101 and 202, ASU and shopping centers. Financing available!

35. 2023-04-13
    historical 795-char remark

    Show marketing remark (795 chars)

    Beautifully remodeled 3 bed 2 bath located in all-ages family community. This large doublewide has an updated modern kitchen, new waterproof flooring, and many more upgrades. A new AC, and foam roof w/ reflective coating make it energy efficient! Also has new hot water heater, flooring, electrical, and pex plumbing. The kitchen has new stainless steel appliances, custom countertops and built-ins. Updated lighting throughout! This home will make you feel like you are in a model single family home. The community features a large swimming pool and hot tub, two grassy green play parks, multiple picnic areas and lots of shade trees. Currently lot rent is only $705/mo plus utilities. Financing options available. Easy access to FWY 101 and 202, ASU and shopping centers. Financing available!

36. 2023-04-13
    listed $138,500 Active 795-char remark

    Show marketing remark (795 chars)

    Beautifully remodeled 3 bed 2 bath located in all-ages family community. This large doublewide has an updated modern kitchen, new waterproof flooring, and many more upgrades. A new AC, and foam roof w/ reflective coating make it energy efficient! Also has new hot water heater, flooring, electrical, and pex plumbing. The kitchen has new stainless steel appliances, custom countertops and built-ins. Updated lighting throughout! This home will make you feel like you are in a model single family home. The community features a large swimming pool and hot tub, two grassy green play parks, multiple picnic areas and lots of shade trees. Currently lot rent is only $705/mo plus utilities. Financing options available. Easy access to FWY 101 and 202, ASU and shopping centers. Financing available!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥112°F today · 18 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,233
• − Mortgage interest: −$5,321
• − Property taxes: −$1,425
• − Insurance: −$475
• − Repairs & maintenance: −$1,939
• − Management: −$1,939
• − Depreciation: −$2,764
• Taxable income: $10,370
• Est. tax owed @ 24.0%: −$2,489
• After-tax cash flow: $8,777/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Tempe School District (4258)
• NCES district ID: 0408310
• Math proficiency: 17% ▼ -19.00%
• Reading proficiency: 29% ▼ -10.00%
• Median HH income: $43,112
• Composite: 19.7/100
• National rank: #8721
• State rank: #170 of 249 in AZ

Livability — Tempe

• Score: 78/100
• State rank: #10
• US rank: #2527

Category grades

Amenities A+ Commute A+ Cost of living C- Crime F Employment B- Housing A+ Health & safety D User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Tempe, AZ
• County: Maricopa County · 4,537,380 people
• City population: 193,337
• Metro: Phoenix-Mesa-Chandler, AZ

Population outlook (Maricopa County) Hauer SSP2

• Today (2025): 4,979,203 people
• By 2030: 5,378,229 · +8.0%
• By 2040: 6,156,598 · +23.6%
• By 2050: 6,872,376 · +38.0%
• By 2075: 8,401,270 · +68.7%
• By 2100: 9,247,439 · +85.7%

Not yet ingested

• Political lean: —
• Race & ethnicity: —
• Common origin: —
• Civics: —

Market trends

• HPI YoY: ▼ -4.56%
• Current HPI: 693.23
• Rent YoY: ▲ 1.66%
• Metro: Phoenix-Mesa-Chandler, AZ
• State GDP YoY: ▲ 4.54%
• F500 in state: 20

Industry mix (Fortune 500 HQ in AZ)

Industry	F500 HQs	Revenue
▸Technology	2	$13B
▸Mining / Metals	1	$23B
▸Environmental Services	1	$16B
▸Metals / Steel	1	$14B
▸Technology Distribution	1	$9B
▸Homebuilding	1	$8B

Price history

-24.2% since first listed

20 events — show timeline

• 2026-04-16 Price Changed $105,000 ARMLS
• 2026-03-12 Listed $120,000 ARMLS
• 2023-09-14 Pending — ARMLS
• 2023-09-14 Listed $128,000 ARMLS
• 2023-09-14 Sold (MLS) $128,000 ARMLS
• 2023-09-11 Sold (MLS) $128,000 ARMLS
• 2023-08-27 Pending — ARMLS
• 2023-08-15 Contingent — ARMLS
• 2023-08-10 Price Changed $128,000 ARMLS
• 2023-08-02 Relisted — ARMLS
• 2023-08-01 Listing Removed — ARMLS
• 2023-06-29 Price Changed $130,000 ARMLS
• 2023-06-15 Price Changed $131,500 ARMLS
• 2023-06-08 Price Changed $132,500 ARMLS
• 2023-05-25 Price Changed $135,000 ARMLS
• 2023-05-16 Relisted — ARMLS
• 2023-05-08 Listing Removed — ARMLS
• 2023-04-21 Relisted — ARMLS
• 2023-04-13 Listing Removed — ARMLS
• 2023-04-13 Listed $138,500 ARMLS