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616 S HARDY Drive # 112 Tempe, AZ $ 1,575,000
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616 S HARDY Drive # 112
$ 1,575,000
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616 S HARDY Drive # 112

Tempe, AZ, 85281
$ 1,575,000
Baths0.0

Monthly Estimate*

$ 9,698

616 S HARDY Drive # 112, Tempe, AZ 85281 - Image 1
616 S HARDY Drive # 112, Tempe, AZ 85281 - Image 2
616 S HARDY Drive # 112, Tempe, AZ 85281 - Image 3
616 S HARDY Drive # 112, Tempe, AZ 85281 - Image 4
Studio

Multi-Family Home for sale in Tempe, AZ

for $1,575,000. This home was built in 1984.

This listing is a bulk sale for 7 identical condos at this property - Units 112, 115, 128, 138, 141, 207, 231. Each unit is rented with good solid tenants except unit 115 we left vacant for buyers to see the floor plan. There is still value ad for these 7 units as the rents can and should be increased in 2026. This is a great opportunity to purchase 7 units at the same located and have immediate cash flow from day one! Don't let this opportunity pass you by. Bring us an offer and lets Talk!

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Multi-Family Active

Price

$ 1,575,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 868

Style

Multiple Dwellings

Year Built

1984

Town/City

Tempe

County/Region

Maricopa

MLS | Web ID

7010331
Features
General
Sewer Public Sewer
Heating Electric
Cooling Ceiling Fan(s) Heat Pump
Roof Shake
Zoning Residential
Construction Materials Shake Siding Wood Frame
Year Built 1984
Electric APS SRP
Township 1N
Unit Number 112
Tax Year 2025
Ownership Condominium Condominium
Gross Income 110979.0
Community Features Barbecue Play Area Pool
County Maricopa
Net Operating Income 75420.0
Operating Expense 41444.0
Insurance Expense 6400.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 5000.0
Subdivision Name WORTHINGTON PLACE CONDOS UINIT 101-148 201-248
Garage Y/N N
Status Active
Directions USE GPS
City Tempe
Disclosures Other (See Remarks)
High School District Tempe Union High School District
Open Parking Spaces 1.0
Number Of Units Total 7
Carport Y/N N
Tax Annual Amount 868.0
Electric Expense 0.0
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot 112
Cap Rate 4.79
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Tile Carpet Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Add'l Parking Avail Carport
Water Source Master Meter Community Franchise
Total Parking 2.0
Number of Buildings 7
Spa N
Lot Dimensions NA
Road Surface Type Asphalt
Covered Spaces 1.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 616
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* Excluded Features
List By
Tradelands Realty

Broker

tradelands@gmail.com

Email

Affordability Calculator

$9,770
Per Month
99%
1%
0%
Monthly Principal & Interest
$9,698
Monthly Property Taxes
$72
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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4327087 Elementary School
4327661 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/7/2026$1,575,000 Listed Price

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616 S HARDY Drive # 112, Tempe, AZ, 85281 is a Multi-Family Home for sale at $1,575,000. 616 S HARDY Drive # 112 is a studio with 0.0 baths and was built in 1984. The property's zip code is 85281 which is in Tempe, AZ

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