1004 E Tempe Drive, Tempe, AZ 85281

  • $1,199,900
1004 E Tempe Drive, Tempe, AZ 85281

Overview

Property ID: HZ6774897
  • Single Family Residence
  • Property Type
  • 6
  • Bedrooms
  • 5
  • Bathrooms
  • 4
  • Garages
  • 4186
  • Sq Ft
  • 2008
  • Year Built
  • HZ6774897
  • Property ID

Description

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.

  • Address Tempe
  • City Tempe
  • State/county Maricopa
  • Zip/Postal Code 85281
  • Area NORTH TEMPE

Details

Updated on October 14, 2025 at 10:27 pm
  • Property ID: HZ6774897
  • Price: $1,199,900
  • Property Size: 4186 Sq Ft
  • Land Area: 0.17 Square Feet
  • Bedrooms: 6
  • Bathrooms: 5
  • Garages: 4
  • Year Built: 2008
  • Property Type: Single Family Residence
  • Property Status: Residential

Additional details

  • Source System: Arizona Regional Multiple Listing Service (ARMLS)
  • Listing Office: Landmark Homes, L.L.C.

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