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$699,000
7 Days On Site

105 S HARDY Drive
Tempe, AZ 85281

For Sale|Multi Family|Active
0
Beds
0
Total Baths
1969
Built
Subdivision:
MONTERREY VILLAGE NO. 3 UNIT 1
County:
Maricopa

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602-688-7388
105 S HARDY Drive105 S HARDY Drive105 S HARDY Drive105 S HARDY Drive
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Prime Tempe location within easy walking distance to the Tempe Center for the Arts and Tempe Town Lake, and just one mile from Arizona State University. This well-maintained 4-unit property offers a total of 1,927 square feet and strong rental appeal in one of Tempe's most desirable areas. Each unit features a functional kitchen-living room combo, 1 bedroom, and 1 full bath. The two north units include washer and dryer hookups. Bonus! A conceptual site plan to create a second floor addition has been developed for future expansion. A narrative has been included detailing the project , site plans are available as well. The property is masonry block construction with synthetic stucco exterior, offering durability and low maintenance. Tenants enjoy easy access and an onsite concrete parking lot with six parking spaces, a valuable amenity in this high-demand location. A complete remodel in 2012 updated all units with modern finishes, including porcelain tile flooring, baseboards, shower surrounds, and tile wainscot in all bathrooms. Kitchens were upgraded with granite countertops, European-style melamine cabinetry, black appliances (refrigerators, smooth-top stoves, and microwaves). Additional improvements include new interior doors, hardware, jambs, trim, wood window casing, double-pane aluminum windows throughout, updated electrical panels, track and recessed lighting, ceiling fans, and coaxial wiring in every room for internet connectivity. Contemporary metal corrugated siding accents the roof screen and mechanical room. An exceptional opportunity to own a turnkey, upgraded multi-family asset in a walkable, high-demand Tempe location near arts, recreation, and ASU. October 25, 2019 City of Tempe Planning department 31 E. 5th St. Tempe, AZ 85281 RE: 105 S. Hardy Description of change The subject property currently is a single story low sloped roof of exterior block, stucco, 4 unit building. Existing is one bedroom, one bath and one small kitchen per unit. New construction will be adding a second floor with a new common wall running the entire length and height of the building north to south to divide the building into two distinct units. Each unit of the new second floor above the existing single story building will contain one large great room, one bedroom , new kitchen and one bath on the second floor in each unit. The lower level of each unit of the duplex will contain 3 bedrooms,1 bath, a common area and a laundry area. The provided parking of 6 spaces is sufficient standards for the new use. The footprint of the lower building will remain the same with the exception of the new cantilevered deck to the north and slight addition of 6 second floor posts steel posts to the east and west. The existing sidewalks, west site wall, north paver patio area, concrete parking area, mature landscaping with several large trees and the existing grades will remain intact. One new sidewalk will be added along the west side to gain access to the newly created west facing door. Lower level of tannish sand finish stucco over the current first floor exterior block walls will remain as is in selected places. The current mill finish aluminum window sizes will be duplicated above on the second floor as to provide continuity. The exterior cladding will be a combination of a Fabral Cocoa Brown vertical metal siding along with delineated sections of horizontal galvalum interspersed below the window sections. The roof will consist of metal roof of a galvalum finish. The exterior soffit andfascia will be the galvalum color. The building will be fairly maintained free as it will have all prefinshed metal. Please let me know if I may provide any more information. Thank you. Glenn Odegard Nordic Properties, LLC Nordic Builders, Inc. Lic. 160685 KB-01

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Listing Snapshot
Price 
$699,000
Days On Site 
7 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1969
MLS® Number 
6964846
Status 
Active
Property Tax 
$1,748
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS®
a week agoStatus changed to Active
a week agoListing first seen on site
General Features
Cross Street 
Rio Salado/Hardy
Disclosures 
None
Parking Spaces 
6
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Zoning 
Multi
Interior Features
Appliances 
Free-Standing RangeRefrigeratorFree-Standing Electric OvenMicrowaveWasher/Dryer
Cooling 
Central AirElectric
Heating 
Electric
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Exterior Features
Construction Details 
StuccoBlock
Roof 
Rolled/Hot Mop
Community Features
Financing Terms Available 
Conventional1031 ExchangeVA Loan
School District 
Tempe Union High School District
Township 
1N
Schools
School District
Tempe Union High School District
Elementary School
Scales Technology Academy
Middle School
Geneva Epps Mosley Middle School
High School
Tempe High School
Listing courtesy of MMRE Advisors.



All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Last checked: 2026-01-15 09:13 PM UTC

Neighborhood & Commute
Source: Walkscore
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