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$1,400,000
7 Beds
7 Baths7 full baths
2,605sqft
725 E Encanto Dr, Tempe, AZ 85281
$1,400,000
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Single Family Residence
Built in 1957
$-- HOA
7,261 sqft lot
$537/sq.ft
Description
Incredible investor opportunity in the heart of Tempe—just ONE BLOCK from ASU Campus and a short walk to Mill Ave. This 7 BED, 7 BATH turn-key property requires NO TLC and is fully leased through July with strong cash flow. Owner is working on 12-month lease extensions to July 2026 as we speak. Parking for 6 cars in driveway. Located near Rural & Broadway with unbeatable access to shopping, restaurants, and essentials. Ideal for student housing with two new A/C units, separate water heaters, new roof, electrical, and plumbing—all permitted (see docs tab). Flexible options for the new owner to renew, re-lease, or reconfigure. Property has never been owner-occupied. 48-HOUR...
Continue Reading- Houzeo last checked: 35 Minutes ago
- Listing updated: December 4, 2025 at 11:48 pm
- Listing Provided by: Robert Sullivan (480) 869-6569 | Berkshire Hathaway HomeServices Arizona Properties (480) 505-6300
- Source: Arizona Regional Multiple Listing Service-AZ | MLS#: 6851447
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
Year Built
1957
HOA Fees
-
Finished Area
2,605 sqft
Lot Size
7,261 sqft lot
Basement Area
- sqft
MLS Name
Arizona Regional Multiple Listing Service
MLS Number
6851447
MLS Status
Active
Days on Market
233
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
