2122 E MARGARITA Drive Tempe, AZ $ 343,000
2122 E MARGARITA Drive
$ 343,000
Recently Listed
Open House 4/11 11am - 2pm
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2122 E MARGARITA Drive

Tempe, AZ, 85281
$ 343,000
Bedrooms2 Baths1.1 Sq 1,248

Monthly Estimate*

$ 2,112

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Townhouse for sale in Tempe, AZ

for $343,000 with 2 bedrooms and 1 full bath, 1 half bath. This 1,248 square foot townhouse was built in 1974 on a lot size of 0.06.

Exceptional opportunity to own a prime location, income-generating, short-term rental with a proven track record of success. This property is being offered completely turnkey - all furnishings, décor, and operational setup convey with the sale. Thoughtfully curated for both comfort and style, the home features inviting living spaces, a well-appointed kitchen and 2 car garage - all designed to maximize guest experience and occupancy. The property boasts consistent bookings, strong guest reviews and established revenue history - an ideal addition to any investment portfolio or for a first-time STR investor seeking immediate cash flow. Don't miss this rare opportunity to acquire a fully operational, income-producing vacation rental! Owner is a licensed AZ real estate agent.

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Open House

4/11/2026 11:00 AM - 2:00 PM
4/12/2026 1:00 PM - 4:00 PM
2122 E MARGARITA Drive Tempe, AZ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Townhouse Active

Price

$ 343,000

Bedrooms

2

Full Bath

1

Half Bath

1

Property Type

Townhouse

Taxes

$ 1,286

Style

Residential

Lot Size

0.06

Year Built

1974

Town/City

Tempe

County/Region

Maricopa

MLS | Web ID

7000073

Features
Interior
Interior Amenities Granite Counters Upstairs Eat-in Kitchen Pantry Full Bth Master Bdrm
Flooring Carpet Tile
Total Stories 2
Common Walls Two Common Walls
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Bedrooms 2
Total Baths 2
Bedrooms Possible 2
Pantry True
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General
Sewer Public Sewer
Heating Electric
Cooling Central Air
Utilities SRP
Possession Close Of Escrow
Roof Tile
HOA Fee 350.0
Garage Spaces 2.0
Association Fee Includes Roof Repair Maintenance Grounds Maintenance Exterior
Construction Materials Stucco Wood Frame
Year Built 1974
Township 1N
Property Subtype Townhouse
Tax Year 2025
Ownership Fee Simple
Community Features Pool Near Light Rail Stop Near Bus Stop Biking/Walking Path
Assoc Fee Paid Per Monthly
County Maricopa
New Construction N
Property Type Residential
HOA Y
Attached Garage N
Subdivision Name TORRE MOLINOS
Total Rooms 0
Special Listing Conditions N/A
Status Active
Directions West on Broadway to Shannon Dr. Right on Shannon Dr. Right on Torre Molinos Cir. Left on Margarita Dr. House is on the right.
High School McClintock High School
City Tempe
Disclosures Seller Discl Avail
Association Name LAS BRISAS
High School District Tempe Union High School District
Open Parking Spaces 2.0
Lot Size Units Square Feet
Lot Size Square Feet 2561.0
Carport Spaces 0.0
Carport Y/N N
Spa Features None
Elementary School Curry Elementary School
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 1286.0
Home Warranty Y/N N
Middle/Junior High School Connolly Middle School
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Builder Name UNK
Standard Status Active
Occupancy Type Tenant
Elementary School District Tempe School District
Tax Lot 156
New Financing: Conventional True
Senior Community N
New Financing: FHA True
Ttl Monthly Fee Equiv 350.0
New Financing Cash True
New Financing: VA True
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Exterior
Exterior Amenities Balcony Private Street(s) Private Yard Storage
Fencing Block
Parking Features Garage Door Opener Detached
Lot Features North/South Exposure Grass Front Synthetic Grass Back
Water Source City Water
Lot Size Area 2561.0
Spa N
Lot Size Acres 0.06
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 2.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2122
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* Excluded Features
List By
Homesmart Realty

Broker

kristenthek10@gmail.com

Email

Affordability Calculator

$2,219
Per Month
95%
5%
0%
Monthly Principal & Interest
$2,112
Monthly Property Taxes
$107
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
4327431 Elementary School
4327180 Middle School
McClintock High School High School
Pricing History
DatePricePrice ChangeDescription
4/10/2026$343,000 Listed Price

Map


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2122 E MARGARITA Drive, Tempe, AZ, 85281 is a Townhouse for sale at $343,000 with 1,248 sqft and a lot size of 0.06. 2122 E MARGARITA Drive has 2 bedrooms, 1.1 baths, and was built in 1974. The property's zip code is 85281 which is in Tempe, AZ