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$240,000

700 W University Dr Unit 203 Tempe, AZ 85281

2 beds
1 bath
840 sqft
$286 / sqft
Condo

Property details

About 700 W University Dr Unit 203

Welcome to your new home in the heart of Tempe! This rarely available 2-bedroom, 1-bath upstairs unit is nestled in the Scene One Condominiums, a well-maintained community known for its proximity to everything Tempe has to offer. Just half a mile from Arizona State University, the light rail, Tempe Town Lake, and Mill Avenue's dining, shopping, and nightlife, this location offers unbeatable convenience for students, faculty, professionals, or savvy investors looking for a prime rental property. Step inside and you'll find a thoughtfully updated interior featuring new tile flooring installed in 2024, updated kitchen and bathroom finishes, and a smart layout with spacious bedrooms and a cozy family room. The upstairs location provides added privacy and quiet, with no neighbors above you and great natural light throughout the unit. The kitchen comes equipped with a built-in microwave, electric range, refrigerator, and disposal, all complemented by laminate countertops. Whether you're cooking a quick breakfast before class or entertaining friends, this eat-in kitchen makes the most of the space. The stacked washer and dryer add even more functionality, giving you in-unit laundry convenience. The community amenities include a sparkling pool, heated spa, and well-maintained grounds with mature landscaping. Your assigned covered carport space and additional slab parking make it easy to come and go, while the HOA covers roof repair and replacement, garbage collection, front yard maintenance, and common area upkeep, all for a reasonable $195/month. The unit has been partially renovated in key areas including flooring, kitchen, and bathroom in 2024, offering a fresh and move-in ready experience. Whether you're buying for yourself or looking to add a strong performer to your investment portfolio, this home offers both comfort and long-term value. There's also nearby access to the Loop 101, 202, and US-60 freeways!

Highlights

Home typeCondominium
HeatingElectric
StatusActive
CoolingCentral Air
Size840 sqft
Year built1982
ParkingAssigned
MLS #6895686

Summary

  • Flooring Type: Carpet, Tile
  • Interior: High Speed Internet, Eat-in Kitchen, Laminate Counters
  • Fireplace: None
  • Total Bedroom Count: 2
  • Parking: Assigned
  • Architectural Style: Other
  • Heating: Electric
  • Cooling: Central Air
  • List Price: $240,000
  • Price/SqFt: $285
  • HOA Amount: $195 Monthly
  • Lot: Grass Front
  • Directions: West on University To Scene One entrance. Unit is towards the front of complex in the middle.
  • Year Built: 1982
  • Stories: 2
  • Living Area: 840 SqFt
  • MLS Number: 6895686
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: West USA Realty
  • Office Phone: (602) 942-4200
  • Office Email: Duane@westusarealty.com
  • Listing Agent: Josiah Miller

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. 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. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/2/2025, 8:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

3

Scales Technology Academy

Public District KG-5

0.4 mi

1115 W 5th St

2

Holdeman Elementary School

Public District KG-5

1.0 mi

1326 W 18th St

6

Broadmor Elementary School

Public District KG-5

1.5 mi

311 E Aepli Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $25,263. Typical income of Tempe, AZ residents is less than $<35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

58%
<35k
40%
35k-100k
0%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

79%
Single, No Kids
12%
Single, with Kids
4%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
4%
12-17 yrs old
59%
18-34 yrs old
24%
35-64 yrs old
2%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • PopeyesPopeyes
  • White CastleWhite Castle

What do the neighbors drive?

  • HondaHonda
  • NissanNissan
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 700 W University Dr Unit 203

The listing price of 700 W University Dr Unit 203 property is $240,000.

The property 700 W University Dr Unit 203 is a condo located in Tempe, Arizona, 85281.

Active Listing: 700 W University Dr Unit 203 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 700 W University Dr Unit 203 are: Scales Technology Academy (GreatSchools Rating 3/10), Holdeman Elementary School (GreatSchools Rating 2/10), Broadmor Elementary School (GreatSchools Rating 6/10), Gililland Middle School (GreatSchools Rating 2/10), McKemy Academy of International Studies (GreatSchools Rating 6/10), Laird Elementary School (GreatSchools Rating 3/10), Tempe High School (GreatSchools Rating 4/10), Asu Preparatory Academy Digital (GreatSchools Rating 5/10), New School for the Arts (GreatSchools Rating 9/10).

The property at 700 W University Dr Unit 203 has 2 bedrooms and 1 bathroom.

The property 700 W University Dr Unit 203 is 840 SqFt (source: MLS/tax record).

The year of construction for 700 W University Dr Unit 203 is 1982.

This home is located at 700 W University Dr Unit 203 in Tempe, AZ and zip code 85281 in the Riverside neighborhood. This 840 square foot home was built in 1982. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 26, 2025 and is currently priced at $240,000.

Tempe, AZ housing market in July 2025 saw over 10 listings sold above listed price, more than 31 sold at listed price and over 77 sold below. In July 2025 in Tempe, AZ there were 0.5% less homes for sale than in June. In July 2025, listings were on the market for 63 days. During the same period, the median list price in this real estate market was $480,000.

From Rocket Homes Real Estate and based on county public records data.

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