200 E Southern Avenue #224, Tempe, AZ 85282

Tempe
Local realty services provided by:ERA Brokers Consolidated
200 E Southern Avenue #224,Tempe, AZ 85282
$249,900
Virtual Tour
  • 2 Beds
  • 2 Baths
  • 941 sq. ft.
  • Condominium
  • Active
Listed by: liza rhima
Office: delex realty
MLS#:7009928
Source:ARMLS

Price summary

  • Price:$249,900
  • Price per sq. ft.:$265.57
  • Monthly HOA dues:$445

About this home

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

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1986
  • Listing ID #:7009928
  • Updated:July 07, 2026 at 04:00 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Flooring:Carpet, Tile
  • Living area:941 sq. ft.

Heating and cooling

  • Heating:Electric
  • Central air:Yes

Structure and exterior

  • Year built:1986
  • Building area:941 sq. ft.
  • Lot area:0.03 Acres
  • Lot Features:Borders Common Area, Grass Back, Grass Front, North/South Exposure
  • Construction Materials:Brick Veneer, Painted
  • Exterior Features:Balcony, Storage

Schools

  • High school:Tempe High School
  • Middle school:Connolly Middle School
  • Elementary school:Broadmor Elementary School

Utilities

  • Water:City Water

Finances and disclosures

  • Price:$249,900
  • Price per sq. ft.:$265.57
  • Tax amount:$1,195 (2025)

Parking

  • Parking description:Assigned
  • Carport spaces:1
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

New listings near 200 E Southern Avenue #224