725 E Encanto Dr, Tempe, AZ 85281
$1,550,000
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Home Description
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!
- Pool: None
- Spa: None
- Garage Spaces: 0.00
- Interior: Full Bth Master Bdrm,High Speed Internet,No Interior Steps,Pantry,Vaulted Ceiling(s)
- Full Baths: 7
- Partial Baths: 0
- Fireplace: 1 Fireplace
- Flooring: Tile
Available now at $1,550,000
- Construction: Block,Painted
- Architecture: Ranch
- Lot Sq Ft: 7261
- Water: City Water
- Tax Municipality: Tempe
- Association Amenities: None
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School Information
- District:Tempe Union High School District (High School), Tempe School District (Elementary)
- Elementary:Broadmor Elementary School
- Junior High:McKemy Academy of International Studies
- High School:Tempe High School
Financial
- Approx Payment:$7,540*
- Taxes:$3,753
Area Stats
These statistics are updated daily from the Metropolitan Phoenix Board of REALTORS® Multiple Listing Service. For further analysis or
to obtain statistics not shown below please call Highgarden Real Estate at
(480) 669-5040 and speak with one of our real estate consultants.
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149
$715,903
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37.9%
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$1,217,142
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$1,498,000
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$912,450
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26
Listing Courtesy of Berkshire Hathaway HomeServices Arizona Properties.
For information or to schedule a viewing of this property (MLS# 6851447), call: 480-669-5040
725 E Encanto Dr, Tempe AZ is a single family home of 2605 sqft and
is currently priced at $1,550,000
.
This single family home has 7 bedrooms.
In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Tempe, AZ.
University Park, Bridgeview At Hayden Ferry Lakeside and North Tempe are nearby neighborhoods.
MLS 6851447 has been posted on this site since 4/15/2025 (today).