For sale

Price cut: $5K (7/8)

$255,000

1125 E Broadway Road #113, Tempe, AZ 85282

2beds

862sqft

$1,800/mo

Get pre-qualified

Townhouse

Built in 1985

961 Square Feet Lot

$-- Zestimate^®

$296/sqft

$265/mo HOA

What's special

Fantastic opportunity near Arizona State University! This 2-bedroom, 2-bathroom condo with 1 covered parking space is ideally located in the heart of Tempe, just minutes from ASU, shopping, dining, and major freeways. HOA includes water service, and the refrigerator, washer, and dryer are all included, making this a truly move-in-ready property. Conveniently located across from Safeway and only a short drive, bike ride, or walk to campus. With its prime location near ASU and strong rental demand in the area, this property presents an excellent opportunity for both investors and owner-occupants. Whether you're looking for a primary residence, a home for an ASU student, or a long-term investment property, this condo offers exceptional value in a highly desirable location. Don't miss this affordable Tempe opportunity!

50 days

243

10

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Electric

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal

Features

Granite Counters, No Interior Steps, Full Bth Master Bdrm
Flooring: Laminate
Has basement: No
Has fireplace: No
Common walls with other units/homes: Neighbor Above,Three Common Walls

Interior area

Total structure area: 862
Total interior livable area: 862 sqft

Property

Parking

Total spaces: 2
Parking features: Assigned
Carport spaces: 1
Uncovered spaces: 1

Features

Stories: 1
Patio & porch: Covered, Patio
Exterior features: Storage
Spa features: None
Fencing: Other

Lot

Size: 961 Square Feet
Features: North/South Exposure, Gravel/Stone Front

Details

Parcel number: 13330072

Construction

Type & style

Home type: Townhouse
Architectural style: Spanish
Property subtype: Townhouse
Attached to another structure: Yes

Materials

Stucco, Other, Painted
Roof: Built-Up

Condition

Year built: 1985

Utilities & green energy

Sewer: Public Sewer
Water: City Water

Community & HOA

Community

Features: Pool, Community Spa, Near Bus Stop, Fitness Center
Security: Security System Owned
Subdivision: RIALTO CONDOMINIUM

HOA

Has HOA: Yes
Services included: Roof Repair, Maintenance Grounds, Trash, Water, Roof Replacement, Maintenance Exterior
HOA fee: $265 monthly
HOA name: Rialto Condominium
HOA phone: 480-948-5860

Location

Region: Tempe

Financial & listing details

Price per square foot: $296/sqft
Tax assessed value: $208,200
Annual tax amount: $1,010
Date on market: 6/23/2026
Cumulative days on market: 51 days
Listing terms: Cash,Conventional
Ownership: Condominium
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/8/2026	Price change	$255,000-1.9%$296/sqft
Source: ARMLS #7044489 Report a problem
6/23/2026	Listed for sale	$260,000+25%$302/sqft
Source: ARMLS #7044489 Report a problem
6/1/2021	Sold	$208,000+4.8%$241/sqft
Source: ARMLS #6220467 Report a problem
4/20/2021	Pending sale	$198,500$230/sqft
Source: ARMLS #6220467 Report a problem
4/14/2021	Listed for sale	$198,500+5.9%$230/sqft
Source: ARMLS #6220467 Report a problem
7/17/2009	Sold	$187,500$218/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,005 +7.7%	$20,820 -2%
2024	$934 +1.2%	$21,250 +141.8%
2023	$922 +4.2%	$8,788 -37.7%
2022	$885 -11.9%	$14,110 +8.4%
2021	$1,004 +1.9%	$13,020 +10.2%
2020	$985 +2.5%	$11,810 +13.4%
2019	$961	$10,410 +24.4%
2018	$961 +3.1%	$8,370 +3.7%
2017	$932 +4.9%	$8,070 +0.9%
2016	$889	$8,000 +13.5%
2015	$889	$7,050 +11.4%
2014	--	$6,330 +22.9%
2013	--	$5,150 -8%
2012	--	$5,600 -21.7%
2011	--	$7,150 -40.2%
2010	--	$11,950 -17.6%
2009	--	$14,500