111 E BONITA Way

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Address: 111 E Bonita Way, Tempe, AZ 85281, USA
Phoenix & Southwest + Apartment Buildings
Created date: August 15, 2026
Date last updated: September 30, 2026
Price: $850,000Investment Analyzer NEW!

Property Description

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.

Key Property Information

Listing Status: Under Contract
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $850,000
No. of Units: 1
Year Built: 1951
Opportunity Zone: No
Price per unit: $850,000
Property Website Click Here
Number of Bedrooms: 5
Number of Bathrooms: 3
Address: 111 E BONITA Way, Tempe, AZ 85281, USA
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