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1004 E Tempe Drive

Tempe, AZ 85281
  • $1,199,900
  • STATUS: Active
  • ID#: 6774897
UPDATED: 79 min ago
$1,199,900
  • 6
    BEDS
  • 0.17
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 4,186
    SQFT
  • $287
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2008
County:
Area:

School Information

Description

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.

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Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Vallee Gold Team - 1912 Realty. Data last updated 2025-11-17T12:13:59.723.
www.valleegoldteam.com/homes/157085152
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1004 E Tempe Drive Tempe, AZ 85281

  • Price: $1,199,900
  • Status: Active
  • On Site: Days
  • Updated: 79 min ago
  • ID#: 6774897
6
Beds
5
Baths
0
½ Baths
0.17
Acres
4,186
SQFT
$287
$/SQFT
2008
Built
Neighborhood:
North Tempe
County:
Maricopa
Area:
Tempe
Elementary School:
Tempe Elementary Online Community
Middle School:
Tempe Elementary Online Community
High School:
Tempe High School
Property Description
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.
Exterior Features

Architectural Style Contemporary Carport Spaces 2 Construction Materials StuccoWood FrameStone Covered Spaces 6 Exterior Features Balcony Fencing Block Horse Amenities [] Horse YN No Lot Features Desert FrontGravel/Stone FrontSynthetic Grass Back Open Parking Spaces 0 Other Structures [] Parking Features [] Pool Features Heated Pool Private YN Yes Road Responsibility City Maintained Road Roof TileRolled/Hot Mop Spa Features HeatedPrivate View []

Interior Features

Basement [] Basement YN No Bedrooms Plus 7 Common Walls [] Cooling Central AirENERGY STAR Qualified EquipmentProgrammable Thmstat Cooling YN Yes Family Room Yes Fireplace Features [] Fireplace YN No Great Room Yes Heating ENERGY STAR Qualified EquipmentElectric Heating YN Yes Interior Features Granite CountersBreakfast Bar9+ Flat CeilingsFurnished(See Rmrks)Wet BarKitchen IslandPantry2 Master BathsFull Bth Master Bdrm Laundry Features [] Pantry Yes Plumbing Dual Flush Toilet Yes Plumbing Electric Hot Water Heater Yes Range Oven Electric Yes Separate Den Office YN No Window Features Dual Pane

Property Features

Accessibility Features [] Association Fee Includes No Fees Association YN No Auction No Bonus Game Room Yes Builder Name UNK City Services Yes Community Features [] Current Financing Conventional Disclosures Seller Discl Avail Flooring Vinyl Green Energy Efficient [] Green Water Conservation [] Land Lease YN No Listing Terms CashConventionalFHAVA Loan Ownership Fee Simple Ownership Fractional YN No PADFee YN2 No Possible Use Other Property Attached YN No Property Condition [] Property Sub Type Single Family Residence Security Features [] Sewer Public Sewer Special Listing Conditions Owner/Agent Special Listing Conditions Owner Agent Yes Tax Annual Amount 2617 Tax Year 2025 Total Monthly Fee 0 Utilities [] Water Source City Water

Arizona Regional MLS logo Listing provided by Landmark Homes, L.L.C.: .


Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Vallee Gold Team - 1912 Realty. Data last updated 2025-11-17T12:13:59.723.
 
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Vallee Gold Team - 1912 Realty
6893 N. Oracle Rd. Suite 111
Tucson AZ, 85704
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