1331 W 3rd St, Tempe, AZ 85281
OFF MARKET

1331 W 3rd St
Tempe, AZ 85281

Sunset
  • Studio
  • 2,608 sqft

$745,300

Trulia Estimate
as of May 27, 2026
Est. Refi. Payment $4,044/mo*
Refinance Your Home

$745,300

Trulia Estimate
as of May 27, 2026
Est. Refi. Payment $4,044/mo*
Refinance Your Home
Studio
2,608 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Building is walking distance from 2 bus lines and is about one mile south of light rail and Tempe Town Lake and one mile west of Arizona State University. Desert landscaping for easy maintenance. In addition to the 8 parking spaces at rear of property, on street parking is plentiful in front of property on 3rd St. Building is stucco over block which provides good insulation and low heating/cooling costs for tenants. Units have security windows with emergency exit releases in keeping with building/fire codes. All have security doors and little porches with lockable gaits. Small building to rear of 4 plex contains coin op washer/dryer, and the sheds for the 2 front apts. The 2 rear apts have sheds attached to them. Leases all month to month. No section 8 tenants. Seller has owned the
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
No Info
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
No Info

Home Details for 1331 W 3rd St

Interior Features

Heating & Cooling
Heating: Heat Pump, ElectricCooling System: CentralHeating Fuel: Heat Pump
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Linoleum Vinyl
Appliances & Utilities
Cable ReadyDryerRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: Built Up, OtherExterior: StuccoPatio
Parking & Garage
Parking Space: 1Parking: Carport

Property Information

Year Built
Year Built: 1981Year Updated: 1981
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Community

Units in Building: 4

Lot Information

Lot Area: 8362 sqft

Price History for 1331 W 3rd St

DatePriceEventSource
09/08/2016$316,800Sold
N/A
07/27/2016$245,000Sold
ARMLS #5375965
05/31/2016$275,000Listed For SaleAgent Provided
12/31/2015$275,000ListingRemovedAgent Provided
12/25/2015$275,000Listed For SaleAgent Provided
01/06/2015$290,000ListingRemovedAgent Provided
11/04/2014$290,000PriceChange
Agent Provided
08/23/2014$295,000Listed For SaleAgent Provided
07/22/1998$129,500Sold
N/A
11/09/1995$110,750Sold
N/A
04/11/1995$99,165Sold
N/A
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Property Tax and Assessment

Year2025
Tax$2,300
Assessment$745,200
Home facts updated by county records

Comparable Sales for 1331 W 3rd St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1301 W 3RD Street, Tempe, AZ
0.07
Multi-Family Home
$800,000
09/30/25
6
2
2,800
405 S PRIEST Drive N, Tempe, AZ
0.06
Multi-Family Home
$820,000
06/27/25
4
1
2,660
1321 W 5th Street, Tempe, AZ
0.13
Multi-Family Home
$827,000
09/19/25
8
4
2,800
1558 W 5TH Street, Tempe, AZ
0.29
Multi-Family Home
$915,000
11/21/25
6
6
3,602
105 S HARDY Drive, Tempe, AZ
0.48
Multi-Family Home
$675,000
03/23/26
4
4
1,928
1513 W 7TH Place, Tempe, AZ
0.35
Multi-Family Home
$570,000
10/21/25
6
1
2,409
1519 W 7TH Place, Tempe, AZ
0.36
Multi-Family Home
$610,000
10/08/25
7
3
2,633
616 S Hardy Dr, Tempe, AZ
0.44
Multi-Family Home
$265,000
07/18/25
2
2
779
538 W 13TH Street #A, Tempe, AZ
1.09
Multi-Family Home
$650,000
02/23/26
5
3
2,106
404 W 11th Street, Tempe, AZ
1.10
Multi-Family Home
$480,000
07/15/25
28
2
14,625

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Assigned Schools

These are the assigned schools for 1331 W 3rd St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Sunset
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Sunset

  • Trulia User
    "There are homeless people in the area, but the neighborhood generally feels safe and clean when I go for runs."
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  • Sydney B.
    "lots of students and some sketchy characters, but good for public transit and there are a lot of good jobs/companies in the area. Very close to everything you need (downtown Tempe, ASU, the highway, etc)."
    3
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  • Heather B.
    "There is a recenter around the corner, plus a dog part, an elementary school and kids playing. Also, a colorful, building wall, mural that seems to be the hotspot in photography/photoshoot location."
    2
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  • Heather B.
    "Living next to Tempe town lake, there is a wide selection of events that brings many faces you otherwise wouldn’t have ever met."
    0
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  • Samuelrstuart
    "Up and coming neighborhood...Very quiet, very close to mill, very close to highway. Really greet place to live"
    4
    Flag
  • bg33martinka
    "I use to live here!!! Everything is close by such as Mill ave, 5 min bike ride to ASU and parks/recreational near by."
    8
    Flag

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1331 W 3rd St, Tempe, AZ 85281 is a studio, 2,608 sqft multi-family built in 1981. 1331 W 3rd St is located in Sunset, Tempe. This property is not currently available for sale. 1331 W 3rd St was last sold on Sep 8, 2016 for $316,800. The current Trulia Estimate for 1331 W 3rd St is $745,300.