NOT YOUR TYPICAL DUPLEX! This TURNKEY, REMODELED income property offers two private 2 bed/1 bath units that live like single-family homes! Each has its own street frontage, private carport with 2-car paver driveway, & a well-designed floorplan with a large living area, spacious bedrooms, private laundry & fenced yard. Both interiors have been extensively updated with NEW modern kitchens featuring quartz counters & stainless appliances, luxury vinyl flooring, beautifully updated baths & designer fixtures/finishes throughout. One unit is leased at $2,000/mo with the second offered at $2,250/mo - POTENTIAL GROSS INCOME OF $51,000/YEAR! Perfect for an investor OR owner-occupant looking to offset their payment with rental income. Prime Tempe location minutes from ASU, Downtown Tempe & Mill Ave.
Alameda, located between Mill Avenue and Rural Road, is a residential and campus-adjacent Tempe neighborhood with mid-century ranch homes and palm-lined streets. The neighborhood’s character concentrates around Mill Avenue & University Drive, where patios, coffee counters, and late-night bites set a steady street-level hum. Community pillars include Tempe Center for the Arts, ASU Gammage, and Changing Hands Bookstore. Low-slung block walls, shaded courtyards, and desert landscaping shape the architecture. Bike lanes and the Orbit shuttle grid tie daily errands to campus and downtown. Tempe Town Lake and Papago Park frame the outdoor rhythm with paths and open sky.
Provided by Walk Score and Local Logic
Market insights
2044 S Forest Ave · $779,000
DAYS ON MARKET
31 days
The average home goes pending in 103 days.
SALE-TO-LIST
95.7%
Most homes are selling 4% below list price.
LIST PRICE
$779,000
Median list price in this area is $601,640. (23% lower than this home)
PRICE DROP
0 price drops
22% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Disposal
Dishwasher
Refrigerator
Free-standing electric oven
Microwave
Washer/Dryer
Bathrooms
2 bathrooms
Kitchen
Disposal
Dishwasher
Refrigerator
Free-standing electric oven
Microwave
Laundry & utility
Washer/Dryer
Flooring
Vinyl flooring
Heating & cooling
Heat pump
Zoned heating
Electric heating
Ceiling fans
Electric cooling
Multiple (2+) cooling units
Exterior features
Asphalt road access
No community pool
Home design
Fee simple ownership
Parking
6 parking spaces total
2 covered spaces
4 open parking spaces
Carport
More than 1 space per unit
Construction
Vertical siding
Painted exterior
Block construction
Composition roof
1 building on the lot
Utilities
City franchise water
SRP electric
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
The residential districts are designed to provide neighborhoods with a range of housing densities. The differences in these housing densities and regulations are intended to support the varying lifestyles of the city's residents. The districts provide for a range of residential habitation including rural-agricultural, single-family, multi-family, mobile home, and combinations thereof, together with home occupations, schools, parks, and public services necessary for neighborhood living.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Student
Office-Other
Educational/school
Park & open space
Climate risks
4/10 Flood Factor
Estimated 17-25% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 111° expected this year, 18 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Tempe, AZ • 85282
Average low and high temperatures (°F)
70
45
79
52
85
58
87
62
95
70
106
79
108
84
109
85
100
78
93
66
78
52
75
48
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Tempe. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2044 S Forest Ave
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $510,000 and $900,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $510K to $900K.