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$1,400,000
$6,000Reward *
725 E ENCANTO Drive, Tempe, AZ 85281Listing ID 6851447

725 E ENCANTO Drive, Tempe, AZ 85281

Active
UNIVERSITY HEIGHTS
Time on site: 484 days • Last updated: Dec 11, 2025
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
7
Bathrooms
Bathrooms
7
Square Feet
Square Feet
2,605
Acres
Acres
0.17
Days on Site
Days on Site
390
Cooling
Cooling
Central Air
Heating
Heating
Electric
Year Built
Year Built
1957

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!

Property Information

Property Details

Location

Address
725 E ENCANTO Drive
County
Maricopa
City
Tempe
Zip Code
85281
Subdivision
UNIVERSITY HEIGHTS
School District
Tempe Union High School District
High School
Tempe High School
Elementary School
Broadmor Elementary School

Interior Features

Beds and Baths

Bedrooms
7

Building

Building Information

Square Feet
2,605
Year Built
1957
Construction
Painted, Block
Roof
Composition
Builder Name
Unknown

Financial

Special Conditions
N/A

Property Taxes

Tax Annual Amount
$3,753
Tax Year
2024
Berkshire Hathaway HomeServices Arizona Properties, (480) 505-6300

Market Report for 85281

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Arizona Regional MLS
Arizona Regional MLS logo

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

For corrections to this data please contact Brytecore MLS Support.

rs928