725 E ENCANTO Drive, Tempe, AZ 85281

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$1,550,000

bedrooms

bathrooms

square feet

2,605

Acreage

0.17

Open Houses

year built

1957

Full Baths

Half Baths

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Incredible investor opportunity in the heart of Tempe—just ONE BLOCK from ASU Campus and a short walk to Mill Ave. This 7 BED, 7 BATH turn-key property requires NO TLC and is fully leased through July with strong cash flow. Owner is working on 12-month lease extensions to July 2026 as we speak. Parking for 6 cars in driveway. Located near Rural & Broadway with unbeatable access to shopping, restaurants, and essentials. Ideal for student housing with two new A/C units, separate water heaters, new roof, electrical, and plumbing—all permitted (see docs tab). Flexible options for the new owner to renew, re-lease, or reconfigure. Property has never been owner-occupied. 48-HOURS Notice to Show!

Location
Subdivision	University Heights
County	Maricopa
Elementary School	Broadmor Elementary School
Middle School	McKemy Academy of International Studies
High School	Tempe High School

Driving directions

Open houses

None scheduled.

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MLS number: 6851447

Listing agent: Robert Sullivan

Listing broker: Berkshire Hathaway Homeservices Arizona Properties (480) 505-6274

Copyright © 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Wednesday, April 23 2025 at 11:58 p.m. EDT

Kotohomes National