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Listed price in listed location currency (USD).
$1,400,000

770

MLS® 6851447

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2605 sqft
Garage No
Taxes $3,753
Days Active 241
Lot Size 0.17 acres
Approx. Age 1957
Avg. Price Per Sqft $537
MLS® Number 6851447

Property Address: 725 E Encanto Dr, Tempe, AZ, 85281-6816

Average square foot calculated using Size range provided by listing agent.

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-HOURS Notice to Show!
MLS® Number6851447
Laundry Level
Central VacNo
FireplaceNo
Acreage0.17
Exterior
GarageNo
Approx. Age1957
Basement
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 15, 2025List Date
$1,400,000List Price
  • Commute

Commute

Starting Address
Destination Address
725 E Encanto Dr, Tempe, AZ

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