The Condo Mania Team
Tempe Condo ManiaMLS: 7009928 $249,900
2 Bedrooms with 2 Baths200 E SOUTHERN AVENUE 224#224
TEMPE AZ 85282MLS: 7009928
Status: ACTIVE
List Price: $249,900
Price per SQFT: $266
Square Footage: 9412 Bedrooms
2 Baths
Year Built: 1986
Zip Code: 85282
Listing Remarks
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
Address: 200 E SOUTHERN AVENUE 224#224 TEMPE AZ 85282
ARMLS LIZA RHIMA of DELEX REALTY
Community: CHESAPEAKE ... Listing 3 of 11
First -- Next -- Previous -- Last
Condo Mania Agent
Angela Covey
Homesmart
Real Estate Agent
Phone: 602-677-9038
Request More Information
Listing Details
STATUS: Active PROPERTY TYPE: Residential PROPERTY SUB TYPE: Apartment LISTING CONTRACT DATE: 2026-04-04 ON MARKET DATE: 2026-05-04 BEDROOMS: 2 LIVING AREA SQ FT: 941 LIVING AREA SOURCE: Assessor YEAR BUILT: 1986 TAXES: $1,195 HOA/MGMT CO: Chesapeake Owners HOA/MGMT PHONE: 602-437-777 HOA FEES FREQUENCY: Monthly HOA FEES: $445 HOA INCLUDES: Roof Repair, Insurance, Sewer, Maintenance Grounds, Street Maint, Trash, Water, Roof Replacement, Maintenance Exterior COMMUNITY FEATURES: Pool, Community Spa, Near Bus Stop, Community Laundry APPLIANCES INCLUDED: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range BUILDER NAME: UNK CONSTRUCTION: Brick Veneer, Wood Siding, Wood Frame, Painted EXTERIOR FEATURES: Balcony, Storage FIREPLACE: Living Room FLOORING: Carpet, Tile HEATING: Electric COOLING: Central Air INTERIOR FEATURES: Granite Counters, No Interior Steps, Vaulted Ceiling(s), Full Bth Master Bdrm LAUNDRY FEATURES: Inside LOT FEATURES: Borders Common Area, North/South Exposure, Grass Front, Grass Back # GARAGE SPACES: 0 # CARPORT SPACES: 1 PARKING FEATURES: Detached Carport, Assigned COMMON WALLS: Two Common Walls, Neighbor Below, End Unit ROOF: Tile STORIES TOTAL: 2 VIEW: City LEGAL DESCRIPTION: LOT 224 CHESAPEAKE CONDOMINIUM MCR 083937 LISTING AGENT: LIZA RHIMA LISTING OFFICE: DELEX REALTY LISTING CONTACT: 480-788-4016
Estimated Monthly Payments
List Price: $249,900 20% Down Payment: $49,980 Loan Amount: $199,920 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $1,264 Estimate does not include taxes, fees, insurance.
Request More Information
Property Location: 200 E SOUTHERN AVENUE 224#224 TEMPE AZ 85282
This Listing
Active Listings Nearby
Condo Mania Agent
Mary Ann Kren
Homesmart
Real Estate Agent
Phone: 480-221-4437
You Might Also Be Interested In...
Community: CHESAPEAKE ... Listing 3 of 11
First -- Next -- Previous -- Last
The Fair Housing Act prohibits discrimination in housing based on color, race, religion, national origin, sex, familial status, or disability.
Copyright © 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.
Last Updated: 2026-06-18 04:38:56