For sale Home

Listed Aug 10, 2026

$439,900 Est. $2,910/mo

2016 South Hammond Drive Unit 104

  • 4

    Beds

  • 3

    Baths

  • 1,883

    Sq ft

The story

  • Basement

POSSIBLE OWNER FINANCING! 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.

Facts & features

Home type

Home

Year built

2000

Floors

2

Price per sq ft

$234

HOA

$200 / monthly

Parking

1-car garage

Included features

  • Basement

    Yes

  • Cooling

    Central Air, Ceiling Fan(s)

  • Heating

    Forced Air

  • Appliances

    Refrigerator, Dishwasher, Electric Range

  • Flooring

    Carpet, Laminate, Tile

  • Roof

    Composition

  • Lot Information

    Natural Desert Back

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$2,910 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $2,341
  • Property tax $440
  • Insurance $128

Includes principal, interest, taxes & insurance.

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Listing Broker

eXp Realty

Broker Name

eXp Realty

Agent

Jacob Rockwell