About 725 E Encanto Drive
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!
Features of 725 E Encanto Drive
| MLS® # | 6851447 |
|---|---|
| Price | $1,550,000 |
| Bedrooms | 7 |
| Bathrooms | 7.00 |
| Square Footage | 2,605 |
| Acres | 0.17 |
| Year Built | 1957 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Ranch |
| Status | Active |
Community Information
| Address | 725 E Encanto Drive |
|---|---|
| Subdivision | UNIVERSITY HEIGHTS |
| City | Tempe |
| County | Maricopa |
| State | AZ |
| Zip Code | 85281 |
Amenities
| Utilities | APS,SW Gas3 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior Features | No Interior Steps, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, High Speed Internet |
|---|---|
| Heating | Electric |
| Cooling | Central Air |
| Fireplace | Yes |
| Fireplaces | 1 Fireplace |
| # of Stories | 1 |
Exterior
| Roof | Composition |
|---|---|
| Construction | Painted, Block |
| Horse Property | No |
School Information
| District | Tempe Union High School District |
|---|---|
| Elementary | Broadmor Elementary School |
| Middle | McKemy Academy of International Studies |
| High | Tempe High School |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Berkshire Hathaway HomeServices Arizona Properties |
|---|