200 E Southern Avenue #224, Tempe, AZ 85282

Tempe
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
200 E Southern Avenue #224,Tempe, AZ 85282
$249,900
Virtual Tour
  • 2 Beds
  • 2 Baths
  • 941 sq. ft.
  • Condominium
  • Active
Listed by: liza rhima
Office: delex realty
MLS#:7009928
Source:ARMLS

Price summary

  • Price:$249,900
  • Price per sq. ft.:$265.57
  • Monthly HOA dues:$445

About this home

Investor Value Alert! Opportunity in the heart of Tempe. Tenant-occupied 2 bed, 2 bath condo providing immediate rental income with future upside potential. Desirable split floorplan, inside laundry, private balcony, and spacious living areas. Excellent location near ASU, shopping, dining, major employers, and freeway access. Attractive option for buy-and-hold investors, 1031 Exchange buyers, and long-term portfolio growth. Community improvements and repair projects are underway, creating potential long-term value enhancement. HOA includes exterior maintenance, roof, water, sewer, two community pools, and more. Rare opportunity to acquire a Tempe investment property at an attractive price point within a highly sought-after rental market. Buyer to independently verify financing and

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Home facts

  • Year built:1986
  • Listing ID #:7009928
  • Updated:June 23, 2026 at 03:02 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Flooring:Carpet, Tile
  • Living area:941 sq. ft.

Heating and cooling

  • Heating:Electric
  • Central air:Yes

Structure and exterior

  • Year built:1986
  • Building area:941 sq. ft.
  • Lot area:0.03 Acres
  • Lot Features:Borders Common Area, Grass Back, Grass Front, North/South Exposure
  • Construction Materials:Brick Veneer, Painted
  • Exterior Features:Balcony, Storage

Schools

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

Utilities

  • Water:City Water

Finances and disclosures

  • Price:$249,900
  • Price per sq. ft.:$265.57
  • Tax amount:$1,195 (2025)

Parking

  • Parking description:Assigned
  • Carport spaces:1
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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