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Community: CHESAPEAKE ... Listing 2 of 9
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MLS: 7009928     $255,000     2 Beds /2 Baths

MLS #:7009928
Status:ACTIVE
List Price:$255,000
Price SQFT:$271
City: TEMPE
Beds:2
Baths:2
SqFt:941
Year:1986
Zip:85282

 

Listing Remarks

Coming Soon - Investor Opportunity: Located in the heart of Tempe, this 2-beds, 2-bath condominium offers a compelling opportunity for investors seeking immediate rental income with long-term upside. Currently tenant-occupied with a lease in place through November 2026, this property provides stable in-place income and future potential for repositioning. - The unit features approx. 941 sqft with a split layout, including spacious living areas and private outdoor space. Situated within a well-located community near major employment centers, shopping, dining, bus stop and freeway access, the property benefits from strong rental demand in the area. - This is a cash-only opportunity due to community and financing considerations, making it ideal for seasoned investors adding to their portfolio.

Address: 200 E SOUTHERN AVENUE 224#224 TEMPE AZ 85282

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Listing Photos


Community: CHESAPEAKE ... Listing 2 of 9
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Logo ARMLS Logo indicates a property listed by a real estate brokerage other than Homesmart. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Based on inform54. Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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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: 2026-05-30 19:34:33