725 E Encanto Drive, Tempe, AZ 85281

Local realty services provided by:ERA Brokers Consolidated
725 E Encanto Drive,Tempe, AZ 85281
$1,400,000
  • 7 Beds
  • 7 Baths
  • 2,605 sq. ft.
  • Single family
  • Active
Listed by: robert sullivan
Office: berkshire hathaway homeservices arizona properties
MLS#:6851447
Source:ARMLS

Price summary

  • Price:$1,400,000
  • Price per sq. ft.:$537.43

About this home

Incredible investor opportunity in the heart of Tempe—just ONE BLOCK from ASU Campus and a short walk to Mill Ave. This 7 BED, 7 BATH turn-key property requires NO TLC and is fully leased through July with strong cash flow. Owner is working on 12-month lease extensions to July 2026 as we speak. Parking for 6 cars in driveway. Located near Rural & Broadway with unbeatable access to shopping, restaurants, and essentials. Ideal for student housing with two new A/C units, separate water heaters, new roof, electrical, and plumbing—all permitted (see docs tab). Flexible options for the new owner to renew, re-lease, or reconfigure. Property has never been owner-occupied. 48-HOURS Notice to Show!

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Home facts

  • Year built:1957
  • Listing ID #:6851447
  • Updated:November 15, 2025 at 05:47 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:7
  • Full bathrooms:7
  • Living area:2,605 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1957
  • Building area:2,605 sq. ft.
  • Lot area:0.17 Acres

Schools

  • High school:Tempe High School
  • Middle school:McKemy Academy of International Studies
  • Elementary school:Broadmor Elementary School

Utilities

  • Water:City Water

Finances and disclosures

  • Price:$1,400,000
  • Price per sq. ft.:$537.43
  • Tax amount:$3,753 (2024)
All 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.

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