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200 E SOUTHERN Avenue 224
Tempe AZ 85282 US

$255,000

Active Listing ID 7009928
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2 bed
bath icon
2.00 Bath (2 Full)
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Lot: 0.03 Acres
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Apartment

$255,000

Active Listing ID 7009928
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200 E SOUTHERN Avenue 224 Coming Soon - Investor Opportunity: Located in the heart of Tempe, this 2-beds, 2-bath condominium offers a compelling opportunity for investors seeking immediate rental income with long-term upside. Currently tenant-occupied with a lease in place through November 2026, this property provides stable in-place income and future potential for repositioning. - The unit features approx. 941 sqft with a split layout, including spacious living areas and private outdoor space. Situated within a well-located community near major employment centers, shopping, dining, bus stop and freeway access, the property benefits from strong rental demand in the area. - This is a cash-only opportunity due to community and financing considerations, making it ideal for seasoned investors adding to their portfolio.

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Property Features

  • Facts
  • Lot Size: 0.03 Acres
  • Property Type: Residential
  • Property Sub-type: Apartment
  • Features
  • Full Bathrooms: 2
  • Cooling System: Central Air
  • Exterior Finish: Balcony, Storage
  • Floor Covering: Carpet, Tile
  • Roof Type: Tile
  • Heating Fuels: Electric (Heating)
  • Additional Features
  • Fireplace

School Information

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

Property

  • propertytype: Residential
  • propertysubtype: Apartment
  • listprice: 255000
  • unparsedaddress: 200 E SOUTHERN Avenue
  • unitnumber: 224
  • postalcity: Tempe
  • stateorprovince: AZ
  • country: US
  • postalcode: 85282
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0276
  • lotsizeunits: Acres
  • lotsizearea: 0.0276
  • livingarea: 941
  • livingareaunits: Square Feet
  • latitude: 33.393141
  • longitude: -111.936141
  • listagentfullname: Liza Rhima
  • listagentemail: lizarhima@gmail.com
  • listagentkey: 3yd-ARMLSAZ-lr212
  • listagentmlsid: lr212
  • listagentpreferredphone: 4807884016
  • listagentofficephone: 4807884016
  • listofficekey: 3yd-ARMLSAZ-dele001
  • listofficemlsid: dele001
  • 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: 1986
  • listingcontractdate: 2026-04-04
  • listagenturl: http://www.delexrealty.com
  • countyorparish: Maricopa
  • parcelnumber: 133-46-233
  • 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: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range
  • cooling: Central Air
  • constructionmaterials: Brick Veneer, Wood Siding, Wood Frame, Painted
  • flooring: Carpet, Tile
  • heating: Electric (Heating)
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Carport, Assigned
  • roof: Tile
  • view: City
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Granite Counters, Vaulted Ceiling(s), Full Bth Master Bdrm
  • exteriorfeatures: Balcony, Storage
  • rooms: Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2
  • otherstructures: Storage
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -111.93614, 33.393143
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"DeLex Realty, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"sales@delexrealty.com", "ListBrokerageCity":"Glendale", "ListBrokerageCountry":"US", "ListBrokerageEmail":"sales@delexrealty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/ARMLSAZ/1f3d3a01314911e894d80242ac11000a/20210608180953864.png", "ListBrokerageName":"DeLex Realty, LLC", "ListBrokeragePhone":"(602) 910-3002", "ListBrokeragePostalCode":"85308", "ListBrokerageStateOrProvince":"AZ", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"17224 N 43rd AVE Ste 107", "ListBrokerageWebsiteUrl":"http://www.delexrealty.com", "ListOfficeAddress1":"6170 W Chandler Blvd #14", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"dele001", "ListOfficeCity":"Chandler", "ListOfficeCountry":"US", "ListOfficeEmail":"stacismedstadbroker@gmail.com", "ListOfficePostalCode":"85226", "ListOfficeStateOrProvince":"AZ", "ListPriceCurrencyType":"USD", "ListingTitle":"CONDOS - Tempe, AZ", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/200-E-Southern-Ave-Unit-224_Tempe_AZ_85282_M11435-31786?f=listhub&s=ARMLSAZ&m=7009928&c=rexren", "MLSModificationTimestamp":"2026-05-04 07:15:27", "Neighborhoods":[{"Description":null, "Name":"Chesapeake Condominium"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1195, "TaxDescription":"LOT 224 CHESAPEAKE CONDOMINIUM MCR 083937", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/4/2026 11:47:03 AM GMT
Source Updated Date: 5/4/2026 6:54:04 PM GMT

Courtesy of: Liza Rhima, DeLex Realty, lizarhima@gmail.com

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.