111 E Bonita Way, Tempe, AZ 85281
Local realty services provided by:CENTURY 21 Desert Estates Realty
Listed by: brian j cunningham
Office: exp realty
MLS#:7017678
Source:ARMLS
Price summary
- Price:$669,000
- Price per sq. ft.:$425.57
About this home
Premier ASU Investment Opportunity! Fully renovated and move-in ready, this rare property sits on an oversized 11,000+ sq. ft. lot just minutes from Arizona State University. Ideal as a high-demand student rental, owner-occupied investment, or long-term hold.
The expansive lot offers future value-add potential, including the possibility of an ADU, casita, or other improvements (buyer to verify with the City of Tempe). Conveniently located near ASU, Tempe Marketplace, Downtown Tempe, Loop 202, and Sky Harbor Airport.
A unique opportunity to own a turnkey property with immediate rental appeal and long-term upside in one of Tempe's most desirable locations.
Contact an agent
Home facts
- Year built:1951
- Subdivision & Development:UNIVERSITY ESTATES
- Listing ID #:7017678
- Updated:July 30, 2026 at 04:04 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Flooring:Carpet, Vinyl
- Living area:1,572 sq. ft.
Heating and cooling
- Heating:Electric
- Central air:Yes
Structure and exterior
- Year built:1951
- Building area:1,572 sq. ft.
- Lot area:0.26 Acres
- Lot Features:Grass Back, Grass Front, North/South Exposure
- Architectural Style:Ranch
- Construction Materials:Painted, Slump Block
- Exterior Features:Screened in Patio(s)
Schools
- High school:Tempe High School
- Middle school:Connolly Middle School
- Elementary school:Broadmor Elementary School
Utilities
- Water:City Water
Finances and disclosures
- Price:$669,000
- Price per sq. ft.:$425.57
- Tax amount:$1,683 (2025)
Features and amenities
- Laundry features:Gas Dryer Hookup
Parking
- Parking description:Detached
- Garage:Yes
- Garage spaces:1.5
New listings near 111 E Bonita Way
- New
$569,900Active3 beds 2 baths1,339 sq. ft.401 E Continental Drive, Tempe, AZ 85288
MLS# 7060755Listed by: POLLY MITCHELL GLOBAL REALTY - New
$434,900Active3 beds 2 baths1,223 sq. ft.16 W Duke Drive, Tempe, AZ 85283
MLS# 7060725Listed by: REALTY ONE GROUP - New
$430,000Active3 beds 2 baths1,100 sq. ft.5709 S Roberts Road, Tempe, AZ 85283
MLS# 7060689Listed by: REAL BROKER - New
$525,000Active3 beds 2 baths1,457 sq. ft.718 E Sesame Street, Tempe, AZ 85283
MLS# 7060678Listed by: CLOSE PROS REAL ESTATE AND MANAGEMENT - New
$425,000Active3 beds 2 baths1,048 sq. ft.324 W Santa Cruz Drive, Tempe, AZ 85282
MLS# 7060510Listed by: KELLER WILLIAMS INTEGRITY FIRST REALTY - New
$400,000Active3 beds 2 baths1,314 sq. ft.338 E Larkspur Lane, Tempe, AZ 85288
MLS# 7060272Listed by: EXP REALTY - New
$459,000Active3 beds 3 baths1,380 sq. ft.280 S Evergreen Road #1368, Tempe, AZ 85288
MLS# 7060305Listed by: REVINRE - New
$550,000Active3 beds 2 baths1,662 sq. ft.1949 E Fremont Drive, Tempe, AZ 85282
MLS# 7060335Listed by: WEST USA REALTY - New
$245,000Active2 beds 2 baths716 sq. ft.1827 E Kirkland Lane #A, Tempe, AZ 85281
MLS# 7060359Listed by: CENTURY 21 NORTHWEST - New
$300,000Active2 beds 2 baths1,096 sq. ft.2134 E Broadway Road #1061, Tempe, AZ 85282
MLS# 7060190Listed by: EXP REALTY