David Elton
BEDS2
BATHS
SQUARE FEET941
MLS#7009928
STATUSActive
PROPERTY TYPEResidential -
SUBDIVISIONChesapeake Condominium
SCHOOLTempe Union High School District
Property Description
Coming Soon - Investor Opportunity: Located in the heart of Tempe, this 2-beds, 2-bath condominium offers a compelling opportunity for investors seeking immediate rental income with long-term upside. Currently tenant-occupied with a lease in place through November 2026, this property provides stable in-place income and future potential for repositioning. - The unit features approx. 941 sqft with a split layout, including spacious living areas and private outdoor space. Situated within a well-located community near major employment centers, shopping, dining, bus stop and freeway access, the property benefits from strong rental demand in the area. - This is a cash-only opportunity due to community and financing considerations, making it ideal for seasoned investors adding to their portfolio.
Property Features
Property Type: Residential -
Cooling: Central Air
Fenced: Yes
Fireplaces: 1
Heating: Electric
Lot Size: 0.03 Acres
Roof Type: Tile
Stories: 2.0
Taxes: $1,195
Year Built: 1986
Feature Descriptions
Assoc. Fee Includes: Maintenance Exterior, Roof Repair, Roof Replacement, Insurance, Water, Sewer, Trash, Maintenance Grounds, Street Maint
Community Features: Community Laundry, Community Spa, Near Bus Stop
Days on Site: 13
Exterior: Balcony, Storage
Exterior: Wood Frame, Painted, Brick Veneer, Wood Siding
Fee HOA: 445.39/Monthly
Fireplace: Living Room
Flooring: Carpet, Tile
HOA Y/N: Yes
Interior: Full Bth Master Bdrm, Granite Counters, Vaulted Ceiling(s)
Laundry: Inside
Parking: Assigned Parking, Detached Carport
Property Sub Type: Apartment
Spa: Heated
Spa: Yes
Special View Info: City
Water: Public
Local Schools
High School: Tempe High School
Middle School: Connolly Middle School
Elementary School: Broadmor Elementary School
School District: Tempe Union High School District
Listed By / Shown By
Listed By
Agency Name: DeLex Realty
Agency Phone: 602-910-3002
Shown By
Agent Name: David Elton
Agent Phone: (480) 226-3711
Agency Title: Arizona Best Real Estate
Estimate Your Payment
Estimated Payment
$ 741.48 per month $567.52 Principal & Interest $99.58 Property Tax $74.38 Homeowner's InsuranceChange Payment Information
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200 E Southern Avenue, Unit 224 | MLS# 7009928
This home located at 200 E Southern Avenue, Unit 224, Tempe, AZ 85282 is currently listed for sale with an asking price of $255,000. This property was built in 1986 and has 2 bedrooms with 941 sq. ft. E Southern Avenue, Unit 224 is located in the Chesapeake Condominium subdivision within the Tempe Union High School District school district. Search Chesapeake Condominium real estate on delton.arizonabest.com today.