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$850,000
28 Days On Site
111 E BONITA WayTempe, AZ 85281
For Sale|Multi Family|Active Under Contract
5
Beds
3
Total Baths
1951
Built
Subdivision:
UNIVERSITY ESTATES
County:
Maricopa
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Monthly Payment (Est.)
$3,878Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
Premier ASU Investment Opportunity -- renovated main house + detached ADU in process! Rare 11,000+ sqft lot minutes from Arizona State University. Ideal as a high-demand student rental, owner-occupied investment, or long-term hold. Move-in-ready 4BD/2BA main house w/ fresh paint & new flooring. New detached 1BD/1BA guest house--private entrance, full kitchen, stacked laundry--currently in process. Upgraded primary bath also underway. Projected combined rents $4,850-$5,450/mo; plans, timeline & rent analysis available on request. No HOA, detached garage + 6 spaces. Renderings depict completed construction. Cash & renovation-friendly financing welcome.
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Listing Snapshot
Price
$850,000
Days On Site
28 Days
Bedrooms
5
Inside Area (SqFt)
N/A
Total Baths
3
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1951
MLS® Number
7067136
Status
Active Under Contract
Property Tax
$1,683
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 3 days ago | Listing updated with changes from the MLS® | |
| 3 days ago | Status changed to Active Under Contract | |
| 4 weeks ago | Listing first seen on site |
General Features
Cross Street
S Mill Ave and Broadway Rd
Disclosures
None
Parking
Detached
Parking Spaces
1.5
Property Sub Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
Residential
Interior Features
Appliances
DisposalRefrigeratorBuilt-In Electric Oven
Cooling
Central Air
Flooring
CarpetVinyl
Heating
Electric
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Exterior Features
Construction Details
Slump Block
Roof
Composition
Community Features
School District
Tempe Union High School District
Township
1N
Financing Terms Available
ConventionalVA Loan
Roads
Asphalt
Schools
School District
Tempe Union High School District
Elementary School
Broadmor Elementary School
Middle School
Connolly Middle School
High School
Tempe High School
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.
Last checked: 2026-09-13 12:30 AM UTC
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.
Last checked: 2026-09-13 12:30 AM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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