1111 E UNIVERSITY Drive # 229 Tempe, AZ $ 197,000
1111 E UNIVERSITY Drive # 229
$ 197,000
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1111 E UNIVERSITY Drive # 229

Tempe, AZ, 85288
$ 197,000
Bedrooms1 Baths1.0 Sq 631

Monthly Estimate*

$ 1,244

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Condo for sale in Tempe, AZ

for $197,000 with 1 bedroom and 1 full bath. This 631 square foot condo was built in 1981 on a lot size of 0.01.

Thoughtfully refreshed and ideally located near ASU! This upper-level 1-bedroom, 1-bath Tempe Villas condo offers approx. 631 SF with new carpet, new countertops, a new stainless steel appliance package including range, refrigerator, microwave & dishwasher, plus a new stacked washer & dryer. Sliding doors open to a private balcony overlooking a lushly landscaped courtyard, while the unit's tucked-away location offers added privacy from University Drive. Enjoy assigned covered parking, manicured grounds, community pool, spa and clubhouse. Walk or bike to ASU, light rail, restaurants, entertainment & parks, with Mill Ave, Sun Devil Stadium, shopping, freeway access & Sky Harbor Airport all nearby. Ideal as a primary residence or investment property. Coming Soon...updates underway Freshly Updated: New carpet, new countertops, a new appliance package including range, refrigerator, microwave and dishwasher, plus a new washer and dryer create a fresh, move-in-ready feel. Private Upper-Level Setting: This upper-level residence is tucked in from University Drive and features sliding doors leading to a private balcony, creating a more comfortable and private setting. Community Amenities: Tempe Villas offers manicured grounds, a community pool, spa and spacious clubhouse with gathering space and kitchen. One assigned covered parking space is included. Connected Tempe Lifestyle: Enjoy close proximity to ASU, light rail, Mill Avenue, Sun Devil Stadium, nearby parks, restaurants, shopping and entertainment, with convenient freeway access and easy access to Sky Harbor International Airport. Flexible Ownership Opportunity: Well suited for a primary residence, lock-and-leave lifestyle or investment consideration in a highly convenient Tempe location.

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Condo Active

Price

$ 197,000

Bedrooms

1

Full Bath

1

Property Type

Condo

Taxes

$ 1,049

Style

Residential

Lot Size

0.01

Year Built

1981

Town/City

Tempe

County/Region

Maricopa

MLS | Web ID

7067030

Features
Interior
Interior Amenities High Speed Internet Breakfast Bar No Interior Steps Full Bth Master Bdrm
Flooring Carpet Tile
Total Stories 2
Common Walls No Common Walls Neighbor Below End Unit
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features Inside
Total Bedrooms 1
Total Baths 1
Bedrooms Possible 1
Built-in Microwave True
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General
Sewer Public Sewer
Heating Electric
Cooling Central Air
Possession Close Of Escrow
Roof Tile
HOA Fee 250.0
Garage Spaces 0.0
Association Fee Includes Roof Repair Sewer Maintenance Grounds Street Maint Trash Water
Construction Materials Stucco Wood Frame
Year Built 1981
Township 1N
Unit Number 229
Property Subtype Apartment
Tax Year 2025
Ownership Fee Simple
Community Features Pool Community Spa Near Light Rail Stop Near Bus Stop
Assoc Fee Paid Per Monthly
County Maricopa
New Construction N
Property Type Residential
HOA Y
Attached Garage N
Subdivision Name TEMPE VILLA CONDOMINIUMS
Total Rooms 0
Special Listing Conditions N/A
Status Active
Directions East on University about 2 blocks and on the South side Tempe Vilas.
High School McClintock High School
City Tempe
Disclosures Agency Discl Req Seller Discl Avail
Association Name Tempe Villas
High School District Tempe Union High School District
Open Parking Spaces 0.0
Lot Size Units Square Feet
Lot Size Square Feet 631.0
Carport Spaces 1.0
Carport Y/N N
Spa Features None
Elementary School Cecil Shamley School
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 1049.0
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 Vacant
Elementary School District Tempe School District
Tax Lot 229
New Financing: Conventional True
Senior Community N
Ttl Monthly Fee Equiv 250.0
New Financing Cash True
New Financing: VA True
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Exterior
Exterior Amenities Balcony Storage
Fencing Block
Parking Features Assigned
Lot Features None
Water Source City Water
Lot Size Area 631.0
Spa N
Lot Size Acres 0.01
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 1111
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* Excluded Features
List By
Russ Lyon Sotheby's International Realty

Broker

racquel.miller@russlyon.com

Email

Affordability Calculator

$1,331
Per Month
93%
7%
0%
Monthly Principal & Interest
$1,244
Monthly Property Taxes
$87
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4327385 Elementary School
4327180 Middle School
McClintock High School High School
Pricing History
DatePricePrice ChangeDescription
9/3/2026$197,000 Listed Price

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1111 E UNIVERSITY Drive # 229, Tempe, AZ, 85288 is a Condo for sale at $197,000 with 631 sqft and a lot size of 0.01. 1111 E UNIVERSITY Drive # 229 has 1 bedrooms, 1.0 baths, and was built in 1981. The property's zip code is 85288 which is in Tempe, AZ