725 E Encanto Drive, Tempe, AZ 85281
Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
725 E Encanto Drive,Tempe, AZ 85281
$1,400,000
- 7 Beds
- 7 Baths
- 2,605 sq. ft.
- Single family
- Active
Listed by:robert sullivan
Office:berkshire hathaway homeservices arizona properties
MLS#:6851447
Source:ARMLS
Price summary
- Price:$1,400,000
- Price per sq. ft.:$537.43
About this home
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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Home facts
- Year built:1957
- Listing ID #:6851447
- Updated:October 08, 2025 at 03:15 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:7
- Full bathrooms:7
- Living area:2,605 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Year built:1957
- Building area:2,605 sq. ft.
- Lot area:0.17 Acres
Schools
- High school:Tempe High School
- Middle school:McKemy Academy of International Studies
- Elementary school:Broadmor Elementary School
Utilities
- Water:City Water
Finances and disclosures
- Price:$1,400,000
- Price per sq. ft.:$537.43
- Tax amount:$3,753 (2024)
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