Price Reduction - Seller Financing
700 W University Drive Tempe, AZ
$ 1,400,000
Property Attributes
  • MLS#5676224
  • TypeMulti-Family
  • CountyMARICOPA
  • CityTempe
  • NeighborhoodScene 1 Condominiums
  • Zip85281
  • Style
  • Year Built1982
  • Taxes8484
  • Price$ 1,400,000
  • Bedrooms13
  • Full Bathrooms13
  • Half Bathrooms0
  • Sqr Footage7735
Listing Provided Courtesy Of:
1st Southwest Realty, LLC
Property Description

Great opportunity to own 13 one bedroom, one bath condos in beautiful Tempe community of Scene 1. Well maintained with nice landscaping, pool and heated spa. Condos are 595SF, include refrigerator, dishwasher, stove, breakfast bar and stack washer/dryer hookup. Walk or bike 1 mile to ASU. Close to Rio Salado, Town Lake, Mill Avenue, Light Rail, shopping, restaurants, bus lines & freeways. 1 covered parking space & extra guest parking. Market rent $755. HOA fees are $165 per month per unit and include water, sewer, trash, common area, pool, parking lot, exterior maintenance and blanket insurance. Tenants pay electric. Flyer with financials on documents tab. Seller Carryback Financing available. Call for details.

Elementary School Middle School High School
Scales Technology Academy Elementary School Gililland Middle School Tempe Academy Of International Studies McKemy Campus High School
Price History
10/19/2017 Listed $1,510,000
2/1/2018 8% - $1,400,000

General Features

1 Bedroom Units: Avg Rent 755.00
2 Bedroom Units: Avg Rent 0.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Frame - Wood
Listing Status Active
Net Income 0.00
New Financing Conventional, Seller May Carry
Owner Pays Other (See Remarks)
Property Type F
School District 003 - Tempe School District
Tenant Pays Electric, Cable TV
Type ER
Year Built 1982
Zoning M-H

Interior Features

1 Bedroom Units: # 1 Bedroom Units 13
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 595
Appliances Included BI Oven/Range, F/S Oven/Range, Refrigerator, Dishwasher, Disposal, Washer/Dryer, W/D Hookup
Cooling Electric Refrigeratd, Individual
Electric APS, Individual Meter
Floors Concrete, Wood
Gas None
Heating Electric, Heat Pump, Individual
Interior Features Unfurnished, Vertical Blinds, Fire/Smoke Alarm(s), Mini Blinds, Breakfast Bar
Total Number of Units 13.00

Exterior Features

Sale Includes Other (See Remarks)
Complex Features Pool(s), Spa(s), Heated Spa(s), Barbecue Area(s)
Const - Finish Stucco
Covered Parking Spcs 13.00
Exterior Features Green Landscaping, Cable TV Available, Patio/Balcony, Pet Restrictions, Security Light(s)
Lot Size Dimensions IRR
Parking Paved Parking, Carport, >1 Space Per Unit, Add'l Parking Avail, Assigned
Roof Built-Up, Foam
Sewer Sewer - Public
Total Parking Spcs 26.00
Water City Franchise


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85281

AVG $1.47M
AVG $2,312
AVG 43
Year Built
AVG 1972
AVG 70

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