111 E Bonita Way, Tempe, AZ 85281

$674,000
4
BD
2
BA
1,572
SqFt

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List Price
$674,000
Price Change
▼ $18,900 1784583531
Days on Market
96
Status
ACTIVE
MLS#
7017678
City
Tempe
Bedrooms
4
Bathrooms
2
Living SQFT
1,572
Lot Size
11,273
Subdivision
University Estates
Year Built
1951
Type
Single Family Residence

Property Description

Premier ASU Investment Opportunity! Fully renovated and move-in ready, this rare property sits on an oversized 11,000+ sq. ft. lot just minutes from Arizona State University. Ideal as a high-demand student rental, owner-occupied investment, or long-term hold. The expansive lot offers future value-add potential, including the possibility of an ADU, casita, or other improvements (buyer to verify with the City of Tempe). Conveniently located near ASU, Tempe Marketplace, Downtown Tempe, Loop 202, and Sky Harbor Airport. A unique opportunity to own a turnkey property with immediate rental appeal and long-term upside in one of Tempe's most desirable locations.

Additional Information

Elementary School
Broadmor Elementary School
High School
Tempe High School
Middle School
Connolly Middle School
Acres
0.26
Architecture
Ranch
Assoc Fee Includes
No Fees
Builder Name
Unknown
Construction
Slump Block, Painted
Cooling
Central Air
Exterior Features
Screened in Patio(s)
Fencing
Block, Back Yard
Flooring
Carpet, Vinyl
Garage Spaces
1
Accessibility Features
Bath Grab Bars
Heating
Electric
Laundry
Inside, Gas Dryer Hookup
Living Area
1,572
Lot Size
11,273
New Financing
Cash, VA Loan, Conventional
Parking Features
Detached, Detached Garage
Lot Features
North/South Exposure, Grass Front, Grass Back
Roofing
Composition
Spa
None
Stories
1
Style
Ranch
Subdivision
University Estates
Taxes
$1,683
Tax Year
2025
Water
Public

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Calculator source: Real Geeks

Listing courtesy of eXp Realty.

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