# 120 E RIO SALADO Parkway unit: 406, Tempe, AZ 85281

> **TL;DR:** 1bd/2ba multi-family, $460,000 ($394/sqft), built 2006, 1,168 sqft.
> A/C. Est. $3,082/mo. Listed 88 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $460,000 |
| Price/sqft | $394 |
| Bedrooms | 1 |
| Bathrooms | 1 full, 1 half |
| Square Feet | 1,168 |
| Year Built | 2006 |
| Lot Size | 1,167 sqft (0.03 acres) |
| Stories | 1 |
| Property Type | Multi-Family (Apartment) |
| Status | For Sale |
| Days on Market | 88 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,993 |
| HOA | $1,089 |
| **Total** | **$3,082** |

## Nearby Schools

- **Elementary:** Tempe Elementary Online Community
- **Middle:** McKemy Academy of International Studies
- **High:** McClintock High School

## Key Amenities

- A/C

## Property Highlights

- Built in 2006
- 0.03 acre lot

## Description

### Agent Description
Luxury waterfront condominium located along Tempe Town Lake with mountain and city views. This spacious residence features an open concept floor plan with floor-to-ceiling windows, abundant natural light, and a seamless flow for entertaining. The kitchen offers granite countertops, rich cabinetry, modern appliances, and a large center island. The primary suite includes a spa-style bathroom with soaking tub, glass-enclosed shower, and generous closet space. Enjoy outdoor living from the private covered balcony overlooking the water. The unit includes a dedicated parking space and storage unit. Community amenities include pool, spa, fitness center, sauna, and on-site management. Minutes from the light rail station, a short walk to Mill Avenue, nearby walking paths, restaurants, and ASU.

## Location

- **Address:** 120 E RIO SALADO Parkway unit: 406, Tempe, AZ 85281
- **County:** Maricopa
- **Neighborhood:** EDGEWATER HAYDEN FERRY LAKESIDE CONDO AMD
- **Coordinates:** 33.431334, -111.937407
- **Google Maps:** https://www.google.com/maps?q=33.431334,-111.937407

## Listing Agent

- **Name:** Marissa Diaz
- **Brokerage:** Real Broker
- **Phone:** 4806671448
- **Email:** marissa@slevinrealty.com

## Primary Photo

![120 E RIO SALADO Parkway unit: 406 - Primary Photo](http://lh.rdcpix.com/3490f9a6838d09a0befaf8781fec6c25l-f3317286914r.jpg)

*47 total photos available on [listing page](https://www.propertysimple.com/listing/120-e-rio-salado-parkway-unit-406-tempe-az-85281-6967321)*

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**MLS#:** 6967321 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/120-e-rio-salado-parkway-unit-406-tempe-az-85281-6967321)

---

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