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$1,550,000
4 Days On Site
725 E ENCANTO DriveTempe, AZ 85281
For Sale|Single Family Residence|Active
7
Beds
0
Full Baths
0
Partial Baths
2,605
SqFt
$595
/SqFt
1957
Built
Subdivision:
UNIVERSITY HEIGHTS
County:
Maricopa
Call Now: 602.369.7450
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602.369.7450
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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!
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Listing Snapshot
Price
$1,550,000
Days On Site
4 Days
Bedrooms
7
Inside Area (SqFt)
2,605 sqft
Total Baths
7
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.17 Acres
Year Built
1957
MLS® Number
6851447
Status
Active
Property Tax
$3,753
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Owner
Friends & Family
Recent Activity
| 4 days ago | Listing updated with changes from the MLS® | |
| 5 days ago | Status changed to Active | |
| 5 days ago | Listing first seen on site |
General Features
Acres
0.17
Cross Street
Rural Rd/E Encanto Dr
Disclosures
Seller Discl Avail
Number Of Stories
1
Property Sub Type
Single Family Residence
Sewer
Public Sewer
Style
Ranch
Utilities
Cable Available
Water Source
Public
Interior Features
Appliances
DishwasherDryerWasher
Cooling
Central Air
Fireplace
Yes
Fireplaces
1
Flooring
Tile
Heating
Electric
Interior
Vaulted Ceiling(s)PantryHigh Speed Internet
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Exterior Features
Construction Details
Block
Fencing
Block
Patio And Porch
Patio
Pool Features
None
Roof
Composition
Spa Features
None
Community Features
Association Amenities
None
Financing Terms Available
CashConventionalFHAVA Loan
School District
Tempe Union High School District
Township
1N
Schools
School District
Tempe Union High School District
Elementary School
Broadmor Elementary School
Middle School
McKemy Academy of International Studies
High School
Tempe High School
Listing courtesy of Berkshire Hathaway HomeServices Arizona Properties.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Last checked: 2025-04-19 07:49 PM UTC
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Last checked: 2025-04-19 07:49 PM UTC
Neighborhood & Commute
Source: Walkscore
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