111 E Bonita Way, Tempe, AZ 85281

Tempe
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
111 E Bonita Way,Tempe, AZ 85281
$674,000
Virtual Tour
  • 4 Beds
  • 2 Baths
  • 1,572 sq. ft.
  • Single family
  • Active
Listed by: brian j cunningham
Office: exp realty
MLS#:7017678
Source:ARMLS

Price summary

  • Price:$674,000
  • Price per sq. ft.:$428.75

About this home

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.

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Home facts

  • Year built:1951
  • Listing ID #:7017678
  • Updated:July 25, 2026 at 03:15 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Flooring:Carpet, Vinyl
  • Living area:1,572 sq. ft.

Heating and cooling

  • Heating:Electric
  • Central air:Yes

Structure and exterior

  • Year built:1951
  • Building area:1,572 sq. ft.
  • Lot area:0.26 Acres
  • Lot Features:Grass Back, Grass Front, North/South Exposure
  • Architectural Style:Ranch
  • Construction Materials:Painted, Slump Block
  • Exterior Features:Screened in Patio(s)

Schools

  • High school:Tempe High School
  • Middle school:Connolly Middle School
  • Elementary school:Broadmor Elementary School

Utilities

  • Water:City Water

Finances and disclosures

  • Price:$674,000
  • Price per sq. ft.:$428.75
  • Tax amount:$1,683 (2025)

Features and amenities

  • Laundry features:Gas Dryer Hookup

Parking

  • Parking description:Detached
  • Garage:Yes
  • Garage spaces:1.5
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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