1004 E Tempe Drive, Tempe, AZ 85281
Local realty services provided by:CENTURY 21 Northwest Realty
Listed by: adam poston
Office: landmark homes, l.l.c.
MLS#:6774897
Source:ARMLS
Price summary
- Price:$1,199,900
- Price per sq. ft.:$286.65
About this home
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 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.
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Home facts
- Year built:2008
- Listing ID #:6774897
- Updated:December 16, 2025 at 04:18 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Full bathrooms:5
- Living area:4,186 sq. ft.
Heating and cooling
- Cooling:ENERGY STAR Qualified Equipment, Programmable Thermostat
- Heating:ENERGY STAR Qualified Equipment, Electric
Structure and exterior
- Year built:2008
- Building area:4,186 sq. ft.
- Lot area:0.17 Acres
Schools
- High school:Tempe High School
- Middle school:Tempe Elementary Online Community
- Elementary school:Tempe Elementary Online Community
Utilities
- Water:City Water
Finances and disclosures
- Price:$1,199,900
- Price per sq. ft.:$286.65
- Tax amount:$2,617 (2025)
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