MLS# 6851447 - 725 E Encanto Drive, Tempe, AZ 85281

$1,550,000
Beds: 7
Baths: 7
Sqft: 2,605
Sqft lot: 7,261
Acre lot: 0.17
Est. $5,708 / mo.*
14 Days On Market

Courtesy of Berkshire Hathaway HomeServices Arizona Properties

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Status: Active
Property Type: Single Family Residence
Year Built: 1957
Neighborhood: University Heights
Days On Website: 14

Property Details for 725 E Encanto Drive, Tempe, AZ 85281

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!

Bathrooms

  • 7 total decimal bathrooms
  • 7 total bathrooms

Bedrooms

  • 7 total bedrooms

Building

  • Built in 1957
  • Architectural style: "Ranch"
  • Living area: 2605
  • Construction materials: "Painted", "Block"

Cooling

  • "Central Air"

Fence

  • "Block"

Fireplaces

  • "1 Fireplace"

Floors

  • "Tile"

Heating

  • "Electric"

Home Owner's Association

  • Association fee includes: "No Fees"

Interior Features

  • "No Interior Steps"
  • "Vaulted Ceiling(s)"
  • "Pantry"
  • "Full Bth Master Bdrm"
  • "High Speed Internet"

Listing

  • Listing ID: 6851447
  • Standard status: Active
  • 14 days on market

Location

  • Subdivision name: UNIVERSITY HEIGHTS

Lot

  • 0.17 acres
  • 7,261 sqft

Energy Saving

  • Green water conservation: "Tankless Ht Wtr Heat"

Pool

  • "None"

Possession

  • "Close Of Escrow"

Roof

  • "Composition"

Schools

  • Elementary school: Broadmor Elementary School
  • High school: Tempe High School
  • High school district: Tempe Union High School District

Sewer

  • "Public Sewer"

Taxes

  • Annual amount: $3,753
  • Lot: 70

Map View

$1,550,000 - 725 E Encanto Drive, Tempe, AZ 85281

Street View

Directions

725 E Encanto Drive
Tempe, AZ 85281
Subdivision name: UNIVERSITY HEIGHTS

This content last updated on April 29, 2025 1:06PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.