725 E ENCANTO Drive, Tempe, AZ 85281, Tempe, 85281 - 7 bed, 7 bath
Loading property details...
Tempe, AZ 85281
This High-Potential Investment Opportunity is a 7-bedroom, 7-bathroom Single Family Residence listed at $975,000, positioned slightly above the $947,698 Fair Market Value. Despite the premium, the property features a Mint Condition Rating following a complete, permit-approved renovation, including new electrical, plumbing, and HVAC systems. Ideally located one block from ASU, this turnkey asset offers significant rental demand. With its high-density layout and proximity to Mill Avenue, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield, low-maintenance rental property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 725 E ENCANTO Drive Subject | $975,000* List Price | 7 | 7 | 2,597 | $365 | - |
A 1314 E ORANGE Street Active | $899,000 List Price | 6 | 4 | 2,627 | $342 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a complete, permit-approved renovation within the last 5 years. It features brand-new systems including electrical, plumbing, sewer lines, and tankless water heaters, along with updated HVAC. The kitchen and all seven bathrooms are fully modernized with high-end finishes, and the interior/exterior are in mint, turnkey condition.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 4.
WOW! 7 bedroom & 7 bathroom home! Completely renovated with city approved permits! This exceptional property is a very high grossing rental investment, offering strong income potential. Recent upgrades include all new sewer lines, bathroom plumbing, new electrical/new city meter, and newer AC's! Enjoy 2 new tankless water heaters, seven fully updated bathrooms, new flooring throughout, and all new windows and doors. The exterior has been transformed with fresh stucco/paint, along with new driveway pavers. This is a turnkey property with modern systems and excellent rental appeal! Ideally situated in the heart of Tempe, this remarkable property is just one block from ASU and within walking distance of Mill Avenue's vibrant dining, shopping, and entertainment scene. DON'T WAIT !!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 0.0 |
| Baths | 7.0 | 0.0 |
| Square foot | 2,597 | - |
| Lot Size | 7,261 | - |
| Price | $975.0K | $562.2K |
| Price per sq ft | $375 | $326 |
| Built year | 1957 | 0 |
| HOA | $0 | $0 |
| Days on market | 37 | 2615 |
Jun 15, 2026
$975,000
Initial Listing