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$692,900
86 Days On Site

111 E BONITA Way
Tempe, AZ 85281

For Sale|Single Family Residence|Active
4
Beds
2
Total Baths
2
Full Baths
1,572
SqFt
$441
/SqFt
1951
Built
Subdivision:
UNIVERSITY ESTATES
County:
Maricopa

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602-688-7388
111 E BONITA Way111 E BONITA Way111 E BONITA Way111 E BONITA Way
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Premier ASU Investment Opportunity! Fully renovated and move-in ready, this rare property sits on an oversized 11,000+ sq. ft. lot just minutes from Arizona State University. Ideal as a high-demand student rental, owner-occupied investment, or long-term hold. The expansive lot offers future value-add potential, including the possibility of an ADU, casita, or other improvements (buyer to verify with the City of Tempe). Conveniently located near ASU, Tempe Marketplace, Downtown Tempe, Loop 202, and Sky Harbor Airport. A unique opportunity to own a turnkey property with immediate rental appeal and long-term upside in one of Tempe's most desirable locations.

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Listing Snapshot
Price 
$692,900
Days On Site 
86 Days
Bedrooms 
4
Inside Area (SqFt) 
1,572 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.26 Acres
Year Built 
1951
MLS® Number 
7017678
Status 
Active
Property Tax 
$1,683
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
a month agoPrice changed to $692,900
3 months agoListing first seen on site
General Features
Acres 
0.26
Cross Street 
S Mill Ave and Broadway Rd
Disclosures 
Agency Discl Req
Garage 
Yes
Garage Spaces 
1.5
Land Lease 
No
Levels 
One
Number Of Stories 
1
Parking 
Detached
Parking Spaces 
6
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Style 
Ranch
Utilities 
Cable Available
Water Source 
Public
Interior Features
Appliances 
RefrigeratorDisposalElectric CooktopBuilt-In Electric Oven
Cooling 
Central Air
Flooring 
CarpetVinyl
Heating 
Electric
Interior 
High Speed InternetBreakfast BarLaminate Counters
Laundry Features 
InsideGas Dryer Hookup
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Exterior Features
Construction Details 
Slump Block
Fencing 
Back YardBlock
Patio And Porch 
ScreenedPatio
Roof 
Composition
Spa Features 
None
Community Features
Accessibility Features 
Accessible Full Bath
Financing Terms Available 
CashConventionalVA Loan
School District 
Tempe Union High School District
Township 
1N
Schools
School District
Tempe Union High School District
Elementary School
Broadmor Elementary School
Middle School
Connolly Middle School
High School
Tempe High School
Listing courtesy of eXp Realty.



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: 2026-07-18 01:35 AM UTC

Neighborhood & Commute
Source: Walkscore
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