1004 E Tempe Dr

Tempe, AZ 85281
  • $1,199,900

    Price
  • 6

    Bed
  • 5

    Bath
  • 4,186

    SqFt

About the Listing lndh01 - ap560

Perfect opportunity for luxury living or investment property in the heart of Tempe. 5% Cap rate with owners spending up to 3 months in property could be 8+% with at capacity. Must be patient when seeing with high occupancy on airbnb. This stunning 6-bedroom, 4.5-bathroom home boasts an impressive 4,186 square feet of living space with plenty of space to entertain. 2 master suites and 2 kitchens. Sold fully furnished. A private backyard paradise with meticulously landscaped outdoor space features a brand new sparkling pool, perfect for those scorching Arizona days or heat it up during the cold season. An amazing rooftop deck with breathtaking views of the surrounding area - it's the ideal spot for stargazing or entertaining friends Location is key, and this home delivers. Just minutes away from ASU, Tempe Town Lake, and Scottsdale, you'll find endless opportunities for recreation. Currently run as a successful AirBnb, this is an investors dream. Could be rented as is or converted to 2 separate housing units for additional revenue as there are already separate entrances, seperate kitchens, laundry's, etc. so you would just need close in one small wall upstairs. Since it comes fully furnished it could be up and running in no time. Owner can provide proof of rental income upon request.

Listing Highlights for 1004 E Tempe Dr

Status Active
Days on Site 364
Property Type Residential
MLS ® 6774897
Year Built 2008
Total Square Footage 4,186
Lot/Acreage 0.17
County Maricopa
Neighborhood North Tempe
School District Tempe School District
High School Tempe High School

Interior Details

  • Bedrooms: 6
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond: Central Air,ENERGY STAR Qualified Equipment,Programmable Thmstat
  • Heating: ENERGY STAR Qualified Equipment,Electric
  • Fireplaces:
  • Floor: Vinyl
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Granite Counters,Breakfast Bar,9+ Flat Ceilings,Furnished(See Rmrks),Wet Bar,Kitchen Island,Pantry,2 Master Baths,Full Bth Master Bdrm
  • Water: City Water

Exterior Details

  • Lot Description: Desert Front,Gravel/Stone Front,Synthetic Grass Back
  • Garage Capacity: 4 car
  • Roof: Tile,Rolled/Hot Mop
  • Others: Balcony
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $2,617
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 132-12-127
  • Tax Year: 2025

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1004 E Tempe Dr Tempe, AZ 85281

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Originating MLS: Arizona Regional Multiple Listing Service (ARMLS)

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