111 E Bonita Way, Tempe, AZ 85281
- $674,000
- 4
- BD
- 2
- BA
- 1,572
- SqFt
- List Price
- $674,000
- Price Change
- ▼ $18,900 1784583531
- Days on Market
- 96
- Status
- ACTIVE
- MLS#
- 7017678
- City
- Tempe
- Bedrooms
- 4
- Bathrooms
- 2
- Living SQFT
- 1,572
- Lot Size
- 11,273
- Subdivision
- University Estates
- Year Built
- 1951
- Type
- Single Family Residence
Property Description
Premier ASU Investment Opportunity! Fully renovated and move-in ready, this rare property sits on an oversized 11,000+ sq. ft. lot just minutes from Arizona State University. Ideal as a high-demand student rental, owner-occupied investment, or long-term hold. The expansive lot offers future value-add potential, including the possibility of an ADU, casita, or other improvements (buyer to verify with the City of Tempe). Conveniently located near ASU, Tempe Marketplace, Downtown Tempe, Loop 202, and Sky Harbor Airport. A unique opportunity to own a turnkey property with immediate rental appeal and long-term upside in one of Tempe's most desirable locations.
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Additional Information
- Elementary School
- Broadmor Elementary School
- High School
- Tempe High School
- Middle School
- Connolly Middle School
- Acres
- 0.26
- Architecture
- Ranch
- Assoc Fee Includes
- No Fees
- Builder Name
- Unknown
- Construction
- Slump Block, Painted
- Cooling
- Central Air
- Exterior Features
- Screened in Patio(s)
- Fencing
- Block, Back Yard
- Flooring
- Carpet, Vinyl
- Garage Spaces
- 1
- Accessibility Features
- Bath Grab Bars
- Heating
- Electric
- Laundry
- Inside, Gas Dryer Hookup
- Living Area
- 1,572
- Lot Size
- 11,273
- New Financing
- Cash, VA Loan, Conventional
- Parking Features
- Detached, Detached Garage
- Lot Features
- North/South Exposure, Grass Front, Grass Back
- Roofing
- Composition
- Spa
- None
- Stories
- 1
- Style
- Ranch
- Subdivision
- University Estates
- Taxes
- $1,683
- Tax Year
- 2025
- Water
- Public
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Listing courtesy of eXp Realty.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.