200 E Southern Avenue #224, Tempe, AZ 85282

Tempe
Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
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

ASU-AREA INVESTMENT OPPORTUNITY | Immediate Rental Income + 30+ Day Rental Flexibility + Future Upside in the Heart of Tempe! Prime Southern & Mill Location - Lender Partners Ready To Go - Long-Term Tenant Occupied - Community Improvements Underway - 30-Day Rentals Allowed - Inside & Community Laundry - Two Pools & Two Spas - Popular ASU Owner/Rental Site. Buy today with immediate rental income and future upside potential. 2 Bed-2 Bath split floorplan with laundry, spacious living areas, private shaded balcony, and covered parking. Approx 2.5 miles from ASU with great access to shopping, dining, major Valley employment centers, and freeways. An attractive opportunity for ASU students, buy-and-hold investors, portfolio growth, and 1031 Exchange buyers. Following the current lease, explore future Long-Term & Mid-Term rental strategies. This in-demand rental hub with local property management available makes purchasing seamless for out-of-state portfolios. One of the few locations to...

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Home facts

  • Year built:1986
  • Subdivision & Development:Chesapeake Condominium
  • Listing ID #:7009928
  • Updated:September 28, 2026 at 03:33 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

Finances and disclosures

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

Parking

  • Parking description:Assigned
  • Carport spaces:1
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