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200 E SOUTHERN Avenue 224, Tempe, AZ 85282 — photo 1 of 31

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ActiveMLS #7009928

$249,900

200 E SOUTHERN Avenue #224

Tempe, AZ 85282

2beds
2baths
941sqft
Price per sqft
$266/sqft
Listed
Apr 4, 2026
Since listed
165 days
Lot
1,202 sqft lot

Home highlights

  • 1 fireplace
  • City

About this home

ASU-AREA INVESTMENT OPPORTUNITY | Immediate Rental Income + 30+ Day Rental Flexibility + Future Upside in the Heart of Tempe! Prime Southern & Mill Location - Lender Partners Ready To Go - Long-Term Tenant Occupied - Community Improvements Underway - 30-Day Rentals Allowed - Inside & Community Laundry - Two Pools & Two Spas - Popular ASU Owner/Rental Site. Buy today with immediate rental income and future upside potential. 2 Bed-2 Bath split floorplan with laundry, spacious living areas, private shaded balcony, and covered parking. Approx 2.5 miles from ASU with great access to shopping, dining, major Valley employment centers, and freeways. An attractive opportunity for ASU students, buy-and-hold investors, portfolio growth, and 1031 Exchange buyers.

From ARMLS

Property details

Home & layout

Property type
Apartment
Bedrooms
2
Bathrooms
2
Living area
941 sqft
Year built
1986
Stories
2

Interior

Interior features
Granite Counters, No Interior Steps, Vaulted Ceiling(s), Full Bth Master Bdrm
Flooring
Carpet, Tile
Laundry
Inside
Fireplaces
1
Fireplace features
Living Room

Systems & utilities

Heating
Electric
Cooling
Central Air
Sewer
Public Sewer
Water source
City Water

Lot, exterior & construction

Lot size
1,202 sqft lot
Lot features
Borders Common Area, North/South Exposure, Grass Front, Grass Back
Views
City
Construction
Brick Veneer, Wood Siding, Wood Frame, Painted
Roof
Tile
Exterior features
Balcony, Storage
Fencing
Wood
Spa
Heated

Parking & access

Garage
0 spaces
Carport
1 spaces
Covered parking
1 spaces
Parking features
Detached Carport, Assigned

Community & lifestyle

Community features
Pool, Community Spa, Near Bus Stop, Community Laundry
HOA
$445 monthly
HOA name
Chesapeake Owners

Location

Explore the neighborhood

200 E SOUTHERN Avenue #224, Tempe, AZ 85282

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Schools

School assignments can change and are not guaranteed. Please verify enrollment directly with the district.

Listing information

Status
Active
MLS number
7009928
Listed
Apr 4, 2026
Last updated
Sep 10, 2026, 5:13 PM MST
County
Maricopa
Tax year
2025
Listing terms
Cash, Conventional, 1031 Exchange
Possession
Subject To Tenant Rights
Special conditions
N/A
Listing agent
Liza Rhima
Listing brokerage
DeLex Realty

Listing courtesy of Liza Rhima, DeLex Realty.

200 E SOUTHERN Avenue #224, Tempe AZ | Wendy Macica