# 200 E SOUTHERN Avenue, Tempe, AZ 85282

> **TL;DR:** 2bd/2ba multi-family, $249,900 ($266/sqft), built 1986, 941 sqft.
> Fireplace, View, A/C. Est. $1,528/mo. Listed 82 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $249,900 |
| Price/sqft | $266 |
| Bedrooms | 2 |
| Bathrooms | 2 full |
| Square Feet | 941 |
| Year Built | 1986 |
| Lot Size | 1,202 sqft (0.03 acres) |
| Stories | 2 |
| Property Type | Multi-Family (Apartment) |
| Status | For Sale |
| Days on Market | 82 |

## Why This Home Stands Out

- **Views** - City

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,083 |
| HOA | $445 |
| **Total** | **$1,528** |

## Nearby Schools

- **Elementary:** Broadmor Elementary School
- **Middle:** Connolly Middle School
- **High:** Tempe High School

## Key Amenities

- Fireplace
- View
- A/C

## Property Highlights

- Built in 1986
- 0.03 acre lot
- 2 stories
- Fireplace

## Description

### Agent Description
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

## Location

- **Address:** 200 E SOUTHERN Avenue, Tempe, AZ 85282
- **County:** Maricopa
- **Neighborhood:** Chesapeake Condominium
- **Coordinates:** 33.393141, -111.936141
- **Google Maps:** https://www.google.com/maps?q=33.393141,-111.936141

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/instaview/armls/7009928

## Listing Agent

- **Name:** Liza Rhima
- **Brokerage:** DeLex Realty
- **Phone:** 4807884016
- **Email:** lizarhima@gmail.com

## Primary Photo

![200 E SOUTHERN Avenue - Primary Photo](http://lh.rdcpix.com/0cfc9db589935884ac2f0ef3211dde84l-f3148661130r.jpg)

*30 total photos available on [listing page](https://www.propertysimple.com/listing/200-e-southern-avenue-tempe-az-85282-7009928)*

---

**MLS#:** 7009928 | **Updated:** 2026-06-24
**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/200-e-southern-avenue-tempe-az-85282-7009928)

---

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