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About This Home
This 2-bedroom, 2-bathroom multi-family at 200 E SOUTHERN Avenue in Tempe, AZ is listed for $249,900 ($266 per sqft). Built in 1986, the home offers 941 sqft of living space on a 0.03 acres lot.
Investor Value Alert! Opportunity in the heart of Tempe. Tenant-occupied 2 bed, 2 bath condo providing immediate rental income with future upside potential. Desirable split floorplan, inside laundry, private balcony, and spacious living areas. Excellent location near ASU, shopping, dining, major employers, and freeway access.
Attractive option for buy-and-hold investors, 1031 Exchange buyers, and long-term portfolio growth. Community improvements and repair projects are underway, creating potential long-term value enhancement. HOA includes exterior maintenance, roof, water, sewer, two community pools, and more. Rare opportunity to acquire a Tempe investment property at an attractive price point within a highly sought-after rental market. Buyer to independently verify financing and
Key Features
- Built in 1986
- 0.03 acre lot
- 2 stories
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$1,782/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
200 E SOUTHERN Avenue
Tempe, AZ 85282
Chesapeake Condominium
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Views
Parking
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 2-bathroom multi-family at 200 E SOUTHERN Avenue is listed at $249,900 ($266/sqft). The estimated monthly payment is $1,528 based on 20% down at 6.5% interest.
HOA fees are $445/month.
Key features include: Built in 1986, 0.03 acre lot, 2 stories, Fireplace. Interior Features: Granite Counters, No Interior Steps, Vaulted Ceiling(s). Exterior Features: Balcony, Storage.
This property is listed by Liza Rhima and can be reached at 4807884016 or lizarhima@gmail.com.
