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111 E BONITA Way
Tempe AZ 85281 US

$850,000

Active Listing ID 7067136
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5 bed
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3.00 Bath (3 Full)
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Other

$850,000

Active Listing ID 7067136
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111 E BONITA Way Premier ASU Investment Opportunity -- renovated main house + detached ADU in process! Rare 11, 000+ sqft lot minutes from Arizona State University. Ideal as a high-demand student rental, owner-occupied investment, or long-term hold. Move-in-ready 4BD/2BA main house w/ fresh paint & new flooring. New detached 1BD/1BA guest house--private entrance, full kitchen, stacked laundry--currently in process. Upgraded primary bath also underway. Projected combined rents $4, 850-$5, 450/mo; plans, timeline & rent analysis available on request. No HOA, detached garage + 6 spaces. Renderings depict completed construction. Cash & renovation-friendly financing welcome.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 3
  • Cooling System: Central Air
  • Floor Covering: Carpet, Vinyl
  • Roof Type: Composition
  • Heating Fuels: Electric (Heating)

School Information

  • School
  • Broadmor Elementary School(Elementary)
  • Connolly Middle School(MiddleSchool)
  • Tempe High School(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 850000
  • unparsedaddress: 111 E BONITA Way
  • postalcity: Tempe
  • stateorprovince: AZ
  • country: US
  • postalcode: 85281
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 33.408233
  • longitude: -111.937573
  • listagentfullname: Brian J Cunningham
  • listagentemail: AZ.broker@exprealty.net
  • listagentkey: 3yd-ARMLSAZ-bc326
  • listagentmlsid: bc326
  • listagentpreferredphone: 4803706160
  • listagentofficephone: 4803706160
  • listofficekey: 3yd-ARMLSAZ-xpre18
  • listofficemlsid: xpre18
  • disclaimer: Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: ARMLSAZ
  • yearbuilt: 1951
  • listingcontractdate: 2026-08-14
  • listagenturl: https://exprealty.com/
  • countyorparish: Maricopa
  • parcelnumber: 133-16-104
  • elementaryschool: Broadmor Elementary School
  • highschool: Tempe High School
  • elementaryschooldistrict: Tempe School District
  • middleorjuniorschooldistrict: Tempe Union High School District
  • highschooldistrict: Tempe Union High School District
  • appliances: Disposal, Refrigerator, Built-In Electric Oven
  • cooling: Central Air
  • constructionmaterials: Painted, Slump Block
  • flooring: Carpet, Vinyl
  • heating: Electric (Heating)
  • numberofunitstotal: 1
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Garage - Detached
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 5, Bedroom 1, Bathroom 3, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 2
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -111.93758, 33.408234
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"eXp Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"AZ.broker@exprealty.net", "ListBrokerageCity":"Peoria", "ListBrokerageCountry":"US", "ListBrokerageEmail":"AZ.broker@exprealty.net", "ListBrokerageLogoUrl":null, "ListBrokerageName":"eXp Realty", "ListBrokeragePhone":"(888) 897-7821", "ListBrokeragePostalCode":"85382", "ListBrokerageStateOrProvince":"AZ", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"16165 N. 83rd. Ave. Suite 200", "ListBrokerageWebsiteUrl":"https://exprealty.com/", "ListOfficeAddress1":"3100 W Ray Rd Suite 201", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"xpre18", "ListOfficeCity":"Chandler", "ListOfficeCountry":"US", "ListOfficeEmail":"AZ.broker@exprealty.net", "ListOfficePostalCode":"85226", "ListOfficeStateOrProvince":"AZ", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Tempe, AZ", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/111-E-Bonita-Way_Tempe_AZ_85281_M16338-74795?f=listhub&s=ARMLSAZ&m=7067136&c=rexren", "MLSModificationTimestamp":"2026-08-15 05:26:39", "Neighborhoods":[{"Description":null, "Name":"UNIVERSITY ESTATES"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1683, "TaxDescription":"LOT 25 4 UNIVERSITY ESTATES MCR 004605", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/15/2026 5:31:21 AM GMT
Source Updated Date: 8/15/2026 6:52:03 PM GMT

Courtesy of: Brian J Cunningham, eXp Realty, AZ.broker@exprealty.net

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.