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725 E ENCANTO Drive, Tempe, AZ 85281

$1,550,000 (Active)
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725 E ENCANTO Drive, Tempe, AZ 85281

$1,550,000
Active
est.$1,550,000/month.
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7 beds. baths. 7,261 Sqft.

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725 E ENCANTO Drive, Tempe, AZ 85281

$1,550,000
Active
est.$1,550,000/month.
Start My Approval
7 beds 7 baths 7,261 Sq.ft.
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Property details for 725 E ENCANTO Drive, Tempe, AZ 85281
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!
Broker details: Berkshire Hathaway HomeServices Arizona Properties

Listed by: Robert Sullivan
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Property Description

MLS Information

  • Listing: 6851447
  • Listing Last Modified: 2025-04-15

Property Details

  • Standard Status: Active
  • Property style: Ranch
  • Built in: 1957
  • Subdivision: UNIVERSITY HEIGHTS
  • Lot size area: 7261 Square Feet

Geographic Data

  • County: Maricopa
  • MLS Area: UNIVERSITY HEIGHTS
  • Directions: 1. Turn right off Rural Rd onto E. Encanto Dr. 2. Turn off E. Broadway onto S Ventura Dr, then right onto E Encanto Dr.
Features

Interior Features

  • Flooring: Tile
  • Bedrooms: 7
  • Full baths: 7
  • Living area: 2605
  • Interior Features: Vaulted Ceiling(s), Pantry, High Speed Internet
  • Fireplaces: 1

Exterior Features

  • Roof type: Composition
  • Pool: None

Parking

    Utilities

    • Sewer: Public Sewer
    • Water: Public
    • Heating: Electric
    Property Information

    Tax Information

    • Tax Annual Amount: $3,753

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    The property listing data and information set forth herein were provided to ARMLS from third party sources, including sellers, lessors and public records, and were compiled by ARMLS The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. ARMLS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
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