Property photo 1
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Courtesy of Jason Mitchell Real Estate, Tracy A. Phillips Listing Contact: 480-522-1030 
4 Beds
2 Baths
1,549 sqft

$490,000

1341 E DON CARLOS Avenue, Tempe AZ, 85281

Price per sqft$316.33
Built in1959
Property size1,549 sqft
Property typeResidential

Overview

Active

Listed Oct 29, 2026

Updated 36h ago

Prime Tempe Location Near ASU! Location, lifestyle, and opportunity come together in this charming single-level 4-bedroom, 2-bath home with a den, offering 1,549 sq. ft. of living space on a generous 7,166 sq. ft. lot. Situated on a charming residential street, this property puts you close to the best of Tempe and within easy reach of Arizona State University, restaurants, shopping, entertainment, parks, bus stops, light rail, and more--putting everyday conveniences and Tempe's vibrant lifestyle within easy reach. The versatile floor plan provides four bedrooms plus a den, creating plenty of flexibility for an owner-occupant, students, guests, a home office, or an investment property. A new roof installed in 2026 adds important value and peace of mind. For investors, the location is particularly compelling, with strong proximity to ASU and the amenities that attract students, faculty, professionals, and renters. The property already generates $850 per month in rental income from one room, with the tenant currently on a month-to-month arrangement, offering immediate income potential and flexibility for the next owner. For owner-occupants, enjoy the convenience of a highly accessible Tempe location with nearby bus service, bike-friendly streets, neighborhood parks, restaurants, entertainment, and the energy of the ASU area all close by. Whether you're an investor seeking rental potential or an owner-occupant looking for a spacious home in an exceptionally convenient location, this single-level Tempe property combines a desirable lot, flexible living space, new 2026 roof, and an outstanding location near ASU.

$3,260/mo

Est. mortgage payment based on a $490,000 home price.

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

Additional information

MLS® ID
7086875

Interior Features

Bedrooms
4
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.16 Acres

Other Property Details

Taxes
$1,973
Tax Frequency
Annually
Municipality
1N

Courtesy of Jason Mitchell Real Estate, Tracy A. Phillips

Listing Contact: 480-522-1030 

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Data Last Updated: 2:56 AM UTC, 10/30/2026.

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