1004 E Tempe Drive, Tempe, AZ 85281

$1,199,900
Property Type: Residential Bedrooms: 6 Baths: 6 Square Footage: 4,186 Lot Size (sq. ft.): 7,614 Status: Active
Current Price: $1,199,900 Last Modified: 10/14/2025

Description

Perfect opportunity for luxury living or investment property in the heart of Tempe. 5% Cap rate with owners spending up to 3 months in property could be 8+% with at capacity. Must be patient when seeing with high occupancy on airbnb. This stunning 6-bedroom, 4.5-bathroom home boasts an impressive 4,186 square feet of living space with plenty of space to entertain. 2 master suites and 2 kitchens. Sold fully furnished. A private backyard paradise with meticulously landscaped outdoor space features a brand new sparkling pool, perfect for those scorching Arizona days or heat it up during the cold season. An amazing rooftop deck with breathtaking views of the surrounding area - it's the ideal spot for stargazing or entertaining friends

Supplements: Location is key, and this home delivers. Just minutes away from ASU, Tempe Town Lake, and Scottsdale, you'll find endless opportunities for recreation. Currently run as a successful AirBnb, this is an investors dream. Could be rented as is or converted to 2 separate housing units for additional revenue as there are already separate entrances, seperate kitchens, laundry's, etc. so you would just need close in one small wall upstairs. Since it comes fully furnished it could be up and running in no time. Owner can provide proof of rental income upon request.

More Information MLS# 6774897

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $1,199,900 Status: Active Current Price: $1,199,900 List Date: 2024-10-23

Location, Tax & Legal

Assessor's Map #: 12 Assessor's Parcel #: 127 Tax Municipality: Tempe Taxes: 2617 House Number: 1004 Compass: E Street Name: Tempe St Suffix: Drive City/Town Code: Tempe State/Province: AZ Zip Code: 85281 County Code: Maricopa Assessor Number: 132-12-127 Subdivision: North Tempe Tax Year: 2025

General Property Description

Dwelling Styles: Detached # of Interior Levels: 2 Full Bathrooms: 4 Half Bathrooms: 2 Approx SQFT: 4186 Price/SqFt: 286.65 Approx Lot SqFt: 7614 Approx Lot Acres: 0.175 Horses: N Builder Name: UNK Elementary School District: Tempe School District High School District: Tempe Union High School District Elementary School: Tempe Elementary Online Community Jr. High School: Tempe Elementary Online Community High School: Tempe High School Community Pool Y/N: No Private Pool Y/N: Yes Fireplace YN: No Dwelling Type: Single Family Residence Exterior Stories: 3 # Bedrooms: 6 Total Bathrooms: 6 Year Built: 2008

Special Listing Cond

Owner/Agent: 1

Construction

Wood Frame: 1

Const - Finish

Stucco: 1 Stone: 1

Roofing

Tile: 1 Rolled: 1

Association & Fees

HOA Y/N: N PAD Fee Y/N: N Land Lease Fee Y/N: N Ttl Mthly Fee Equiv: 0

Showing Notification Methods

Showing Service: Non-MLS Showing Service - See Private Remarks Text: 1 Phone Call: 1

Lockbox Type

Other: 1

Architecture

Contemporary: 1

Master Bathroom

Full Bth Master Bdrm: 1 2 Master Baths: 1

Add'l Property Use

Other: 1

Flooring

Vinyl: 1

Window Features

Dual Pane: 1

Private Pool Features

Heated: 1 Variable Speed Pump: 1

Dining Area

Breakfast Bar: 1 Dining in LR/GR: 1 Dining in FR: 1

Heating

Electric: 1 ENERGY STAR Qualified Equipment: 1

Kitchen Features

Dishwasher: 1 Kitchen Island: 1 Multiple Ovens: 1 Pantry: 1 Range/Oven Elec: 1 Refrigerator: 1 Electric Cooktop: 1 Granite Counters: 1

Cooling

ENERGY STAR Qualified Equipment: 1 Programmable Thmstat: 1 Central Air: 1

Interior Features

9+ Flat Ceilings: 1 Wet Bar: 1 Furnished(See Rmrks): 1

Laundry

Washer Included: 1 Dryer Included: 1 Upstairs Laundry: 1

Basement

Basement Y/N: N

Other Rooms

Family Room: 1 Great Room: 1 Bonus/Game Room: 1

Separate Den/Office

Sep Den/Office Y/N: N

Road Responsibility

City Maintained Road: 1

Technology

Cable TV Avail: 1

Fencing

Block: 1

Water Source

City Water: 1

Exterior Features

Balcony: 1 Covered Patio(s): 1

Spa

Private: 1 Heated: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 0 Total Covered Spaces: 6 Garage Spaces: 4 Carport Spaces: 2

New Financing

Cash: 1 VA: 1 Conventional: 1 FHA: 1

Plumbing

Dual Flush Toilet: 1 Electric Hot Wtr Htr: 1

Utilities

APS: 1

Existing 1st Loan

Conventional: 1

Landscaping

Gravel/Stone Front: 1 Desert Front: 1 Synthetic Grass Back: 1

Services

City Services: 1

Items Updated

Floor Partial/Full: Full Bath(s) Partial/Full: Full

Disclosures

Seller Discl Avail: 1

Possession

Close of Escrow: 1

Association Fee Incl

No Fees: 1

Assoc Rules/Info

None: 1

Remarks Misc

Cross Street: Scottsdale Road and Tempe Drive Directions: From the 202 take Scottsdale road north and turn right on Tempe road to property on the left Geo Lat: 33.442478 Geo Lon: -111.92418

Legal Info

Lot Number: 127

Property Features

Special Listing Cond: Owner/Agent Add'l Property Use: Other Architecture: Contemporary Master Bathroom: Full Bth Master Bdrm; 2 Master Baths Flooring: Vinyl Window Features: Dual Pane Private Pool Features: Heated; Variable Speed Pump Spa: Private; Heated Dining Area: Breakfast Bar; Dining in LR/GR; Dining in FR Kitchen Features: Range/Oven Elec; Electric Cooktop; Dishwasher; Refrigerator; Multiple Ovens; Pantry; Granite Counters; Kitchen Island Laundry: Washer Included; Dryer Included; Upstairs Laundry Other Rooms: Family Room; Great Room; Bonus/Game Room Interior Features: 9+ Flat Ceilings; Wet Bar; Furnished(See Rmrks) Technology: Cable TV Avail Exterior Features: Balcony; Covered Patio(s) Road Responsibility: City Maintained Road Construction: Wood Frame Const - Finish: Stucco; Stone Roofing: Tile; Rolled Cooling: Central Air; Programmable Thmstat; ENERGY STAR Qualified Equipment Heating: Electric; ENERGY STAR Qualified Equipment Plumbing: Dual Flush Toilet; Electric Hot Wtr Htr Utilities: APS Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Block Landscaping: Gravel/Stone Front; Desert Front; Synthetic Grass Back Showing Notification Methods: Text; Phone Call Lockbox Type: Other Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Conventional New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail
Listing Office: Landmark Homes, L.L.C.
IDX
Last Updated: October - 14 - 2025
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