$669,000
$850,000
21.3%For more information regarding the value of a property, please contact us for a free consultation.
111 E BONITA Way Tempe, AZ 85281
5 Beds
Key Details
Sold Price $669,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision University Estates
MLS Listing ID 7067136
Sold Date 10/31/26
Bedrooms 5
Year Built 1951
Annual Tax Amount $1,683
Tax Year 2025
Lot Dimensions Irregular
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Premier ASU Investment Opportunity -- renovated main house + detached ADU in process! Rare 11,000+ sqft lot minutes from Arizona State University. Ideal as a high-demand student rental, owner-occupied investment, or long-term hold. Move-in-ready 4BD/2BA main house w/ fresh paint & new flooring. New detached 1BD/1BA guest house--private entrance, full kitchen, stacked laundry--currently in process. Upgraded primary bath also underway. Projected combined rents $4,850-$5,450/mo; plans, timeline & rent analysis available on request. No HOA, detached garage + 6 spaces. Renderings depict completed construction. Cash & renovation-friendly financing welcome.
Location
State AZ
County Maricopa
Community University Estates
Area Maricopa
Zoning Residential
Direction Head toward S Mill Ave. Turn left onto E Broadway Rd. Turn left onto S Encanto Dr. Turn right onto E Bonita Way. Home will be on the right.
Interior
Heating Electric
Cooling Central Air
Flooring Carpet
Appliance Disposal, Refrigerator, Built-In Electric Oven
Exterior
Parking Features Detached Garage
Community Features No Pool
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Broadmor Elementary School
Middle Schools Connolly Middle School
High Schools Tempe High School
School District Tempe Union High School District
Others
Senior Community No
Tax ID 133-16-104
Ownership Fee Simple
Acceptable Financing VA Loan, Cash, Conventional
Disclosures None
Listing Terms VA Loan, Cash, Conventional
Financing FHA
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Bought with eXp Realty
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