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725 E Encanto Drive

Tempe, AZ 85281
  • $1,400,000
  • STATUS: Active
  • ON SITE: 68 Days
  • MLS #: 6851447
$1,400,000
  • 7
    BEDS
  • 0.17
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 2,605
    SQFT
  • $537
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1957
County:
Area:

School Information

Description

Incredible investor opportunity in the heart of Tempejust 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 plumbingall 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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Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Daniel Montez Real Estate Group. Data last updated 2025-06-23T00:43:24.693.
www.valleyrealestatedeals.com/homes/162599290
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725 E Encanto Drive Tempe, AZ 85281

  • Price: $1,400,000
  • Status: Active
  • On Site: 68 Days
  • MLS #: 6851447
7
Beds
7
Baths
0
½ Baths
0.17
Acres
2,605
SQFT
$537
$/SQFT
1957
Built
Neighborhood:
University Heights
County:
Maricopa
Area:
Tempe
Elementary School:
Broadmor Elementary School
Middle School:
Mckemy Academy Of International Studies
High School:
Tempe High School
Property Description
Incredible investor opportunity in the heart of Tempejust 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 plumbingall 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!
Exterior Features

Architectural Style Ranch Carport Spaces 0 Construction Materials PaintedBlock Covered Spaces 0 Exterior Features [] Fencing Block Horse Amenities [] Horse YN No Lot Features [] Open Parking Spaces 0 Other Structures [] Parking Features [] Pool Features None Pool Private YN No Road Responsibility [] Roof Composition Spa Features None View []

Interior Features

Basement [] Basement YN No Bedrooms Plus 7 Common Walls [] Cooling Central Air Cooling YN Yes Fireplace Features 1 Fireplace Fireplace YN Yes Formal Dining Yes Heating Electric Heating YN Yes Interior Features High Speed InternetNo Interior StepsVaulted Ceiling(s)PantryFull Bth Master Bdrm Laundry Features [] Pantry Yes Plumbing Tankless Hot Water Heat Yes Range Oven Gas Yes Separate Bedroom Exit Yes Separate Den Office YN No Window Features []

Property Features

Accessibility Features [] Association Fee Includes No Fees Association YN No Auction No Builder Name Unknown Community Features [] Current Financing FHA Disclosures Seller Discl Avail Flooring Tile Green Energy Efficient [] Green Water Conservation Tankless Ht Wtr Heat Land Lease YN No Listing Terms CashConventionalFHAVA Loan Ownership Fee Simple Ownership Fractional YN No PADFee YN2 No Possible Use None Property Attached YN Yes Property Condition [] Property Sub Type Single Family Residence Security Features [] Sewer Public Sewer Special Listing Conditions N/A Special Listing Conditions None Yes Tax Annual Amount 3753 Tax Year 2024 Total Monthly Fee 0 Unit Style All On One Level Yes Utilities [] Water Source City Water

Arizona Regional MLS logo Listing provided by Berkshire Hathaway HomeServices Arizona Properties: .


Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Daniel Montez Real Estate Group. Data last updated 2025-06-23T00:43:24.693.
 
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The Daniel Montez Real Estate Group
33 N. Lindsay Road Suite 111
Gilbert AZ, 85234