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120 E RIO SALADO Parkway # 406 Tempe, AZ $ 470,000
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120 E RIO SALADO Parkway # 406
$ 470,000
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120 E RIO SALADO Parkway # 406

Tempe, AZ, 85281
$ 470,000
Bedrooms1 Baths1.1 Sq 1,168

Monthly Estimate*

$ 2,894

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Condo for sale in Tempe, AZ

for $470,000 with 1 bedroom and 1 full bath, 1 half bath. This 1,168 square foot condo was built in 2006 on a lot size of 0.03.

Luxury waterfront condominium located along Tempe Town Lake with mountain and city views. This spacious residence features an open concept floor plan with floor-to-ceiling windows, abundant natural light, and a seamless flow for entertaining. The kitchen offers granite countertops, rich cabinetry, modern appliances, and a large center island. The primary suite includes a spa-style bathroom with soaking tub, glass-enclosed shower, and generous closet space. Enjoy outdoor living from the private covered balcony overlooking the water. The unit includes a dedicated parking space and storage unit. Community amenities include pool, spa, fitness center, sauna, and on-site management. Minutes from the light rail station, a short walk to Mill Avenue, nearby walking paths, restaurants, and ASU.

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Condo Active

Price

$ 470,000

Bedrooms

1

Full Bath

1

Half Bath

1

Property Type

Condo

Taxes

$ 2,954

Style

Contemporary

Lot Size

0.03

Year Built

2006

Town/City

Tempe

County/Region

Maricopa

MLS | Web ID

6967321
Features
Interior
Interior Amenities Granite Counters Double Vanity Breakfast Bar 9+ Flat Ceilings No Interior Steps Pantry Full Bth Master Bdrm Separate Shwr & Tub
Flooring Carpet Tile
Total Stories 1
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Triple Pane Windows
Fireplace Y/N N
Laundry Features Wshr/Dry HookUp Only
Total Bedrooms 1
Total Baths 2
Bedrooms Possible 1
Built-in Microwave True
Pantry True
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General
Sewer Public Sewer
Heating Electric
Cooling Central Air
Possession Close Of Escrow
Roof Built-Up Concrete
HOA Fee 1120.0
Garage Spaces 1.0
Association Fee Includes Insurance Sewer Cable TV Maintenance Grounds Gas Trash Water Roof Replacement Maintenance Exterior
Architectural Style Other Contemporary
Security Features Fire Sprinkler System Security Guard
Construction Materials Steel Frame Painted
Year Built 2006
View Mountain(s)
Township 1N
Unit Number 406
Property Subtype Apartment
Tax Year 2025
Ownership Condominium
Community Features Pool Lake Gated Community Spa Htd Near Light Rail Stop Near Bus Stop Community Media Room Biking/Walking Path Fitness Center
Assoc Fee Paid Per Monthly
County Maricopa
New Construction N
Property Type Residential
HOA Y
Attached Garage N
Subdivision Name EDGEWATER HAYDEN FERRY LAKESIDE CONDO AMD
Total Rooms 0
Special Listing Conditions N/A
Status Active
Directions From Mill Ave and Rio Salado Parkway travel Eastbound on Rio Salado turn left at first light and then a right into building driveway. Underground parking available at end of driveway.
High School McClintock High School
City Tempe
Disclosures None
Association Name Edgewater
High School District Tempe Union High School District
Open Parking Spaces 0.0
Lot Size Units Square Feet
Lot Size Square Feet 1168.0
Carport Spaces 0.0
Carport Y/N N
Spa Features Heated
Elementary School Tempe Elementary Online Community
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 2954.0
Home Warranty Y/N N
Middle/Junior High School McKemy Academy of International Studies
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Builder Name Residential Constructors
Standard Status Active
Occupancy Type Vacant
Elementary School District Tempe School District
Tax Lot 4-06
New Financing: Conventional True
Senior Community N
Ttl Monthly Fee Equiv 1120.0
New Financing Cash True
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Exterior
Exterior Amenities Balcony Storage
Fencing None
Parking Features Gated Assigned
Lot Features East/West Exposure
Water Source City Water
Lot Size Area 1168.0
Spa Y
Lot Size Acres 0.03
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 1.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 120
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* Excluded Features
List By
Real Broker

Broker

marissa@slevinrealty.com

Email

Affordability Calculator

$3,140
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,894
Monthly Property Taxes
$246
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4900615 Elementary School
4899035 Middle School
McClintock High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/15/2026$470,000 Listed Price

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120 E RIO SALADO Parkway # 406, Tempe, AZ, 85281 is a Condo for sale at $470,000 with 1,168 sqft and a lot size of 0.03. 120 E RIO SALADO Parkway # 406 has 1 bedrooms, 1.1 baths, and was built in 2006. The property's zip code is 85281 which is in Tempe, AZ

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