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Street View
$850,000
Monthly Est:$4,231
5 Beds
3 Baths
--sqft
111 E Bonita Way, Tempe, AZ 85281
$850,000
$4,231/moEst:
Get Pre-Approved
Townhouse
Built in 1951
$-- HOA
-- sqft lot
--/sqft
Description
Premier ASU Investment Opportunity -- renovated main house + detached ADU in process! Rare 11,000+ sqft lot minutes from Arizona State University. Ideal as a high-demand student rental, owner-occupied investment, or long-term hold. Move-in-ready 4BD/2BA main house w/ fresh paint & new flooring. New detached 1BD/1BA guest house--private entrance, full kitchen, stacked laundry--currently in process. Upgraded primary bath also underway. Projected combined rents $4,850-$5,450/mo; plans, timeline & rent analysis available on request. No HOA, detached garage + 6 spaces. Renderings depict completed construction. Cash & renovation-friendly financing welcome.
- Houzeo last checked: 6 hours ago
- Listing updated: September 30, 2026 at 4:44 pm
- Listing Provided by: Brian J Cunningham (480) 370-6160 | eXp Realty (888) 897-7821
- Source: Arizona Regional Multiple Listing Service-AZ | MLS#: 7067136
Property Details
Status
Active Under Contract
Type
Townhouse
No. of Stories
-
County
City
Neighborhood
Year Built
1951
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Arizona Regional Multiple Listing Service
MLS Number
7067136
MLS Status
CCBS (Contract Contingent on Buyer Sale)
Days on Market
55
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 3
Interior
Heating
Electric
Cooling
Central Air
Appliances
Refrigerator, Disposal, Built In Electric Oven
Sewer
Public Sewer
Construction
Year Built
Year Built: 1951
Home type
Townhouse
Roof
Composition
Construction Materials
Slump Block, Painted
Utilities & Energy
Water Source
City Franchise
Electric
Srp
Parking Features
Detached Garage
Other Features
Subdivision Name
University Estates
Tenant Pays
Water, Sewer, Electricity, Gas, Trash Collection, Landscaping
Disclosures
None
Community Features
No Pool
Price History
| Date | Event | Price |
|---|---|---|
09/09/2026 Source: | Contingent (Active Under Contract) | $850,000 $0/sqft |
08/15/2026 Source: | Price Increased | $850,000 +26.11% $0/sqft |
07/20/2026 Source: | Price Decreased | $674,000 -2.73% $0/sqft |
06/10/2026 Source: | Price Decreased | $692,900 -1.01% $0/sqft |
05/06/2026 Source: | Price Decreased | $700,000 -3.45% $0/sqft |
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Based on information from the Arizona Regional Multiple Listing Service through Oct 09, 2026, 02:30PM. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Listing Information presented by local MLS brokerage: Sell Your Home Services, local REALTOR®- Dan Demers (774) 265-0879. Information is provided exclusively for personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Advertising Broker: Daniel Demers (267) 341-8337 | Sell Your Home Services