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Courtesy of eXp Realty, Jacob Rockwell Listing Contact: 541-292-6962 
4 Beds
3 Baths
1,883 sqft

$450,000

2016 S Hammond Drive 104, Tempe AZ, 85282

Price per sqft$238.98
Built in2000
Property size1,883 sqft
Property typeResidential

Overview

Active

Listed Aug 10, 2026

Updated 13 days ago

Positioned in one of Tempe's most desirable corridors near Arizona State University, this turnkey 4-bedroom, 3.5-bathroom home offers exceptional cash flow and versatility. The well-maintained, 3-level interior features modern finishes, durable flooring, and a rare, finished basement complete with its own bedroom, full bathroom, laundry, and secondary living space--ideal for multi-generational living or roommate quarters. Outside amenities include a garage, carport, additional parking, and a private enclosed patio yard. HOA Benefits include landscaping and covering garbage cost. Currently tenant-occupied at approximately $2,900 per month, this move-in ready property serves as an immediate, low-cap-ex investment or a centrally located primary residence. The smart floor plan centers around a bright main-level living area and kitchen, complemented by private upstairs bedroom suites and reliable HVAC systems throughout, making the basement retreat equally functional as a dedicated home office. Location highlights include unbeatable access to campus via walking, biking, or the free Orbit shuttle, while placing residents just minutes from Mill Avenue dining, Tempe Town Lake, and major freeways. With strong appreciation potential, it remains an equally attractive long-term opportunity for owner-occupants or parents seeking prime, comfortable housing for ASU students.

$2,994/mo

Est. mortgage payment based on a $450,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7064949

Interior Features

Bedrooms
4
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.03 Acres

Other Property Details

Taxes
$2,120
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
Yes

Courtesy of eXp Realty, Jacob Rockwell

Listing Contact: 541-292-6962 

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Data Last Updated: 3:37 AM UTC, 9/25/2026.

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