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$225,000
2 Beds 1 Baths 7015403 MLS 884 SqFt.
Welcome home to this beautifully refreshed 2-bedroom, 1-bath condo offering 884 sq. ft. of comfortable, low-maintenance living in the desirable Bryn Mawr Condominiums. Built in 1965 with classic charm and modern updates, this unit is move-in ready and perfect for first-time buyers, ASU students, young professionals, roommates, or savvy investors. Inside, you'll find a functional, bright layout with a cozy living area, practical kitchen, and two flexible bedrooms that work great for sleeping, studying, or a home office. The full bathroom features clean finishes, and best of all -- this unit includes a full-size washer and dryer inside the unit for ultimate convenience (no more shared laundry or trips to the laundromat!). HOA Benefits -- The monthly HOA fee covers water, sewer, trash, and gas, along with exterior maintenance, roof repair/replacement, insurance on common areas, groundskeeping, and more. That means minimal surprise expenses and truly low-maintenance ownership -- you only pay your electric bill! Unbeatable Location -- Just about one mile from Arizona State University (ASU), putting you minutes from campus life, sporting events, and the vibrant Mill Avenue scene. You're also close to Tempe Town Lake, downtown dining and entertainment, light rail, major freeways (I-10 & Loop 202), shopping, and employment centers. One assigned covered parking space is typically included. Whether you're looking for personal residence or strong rental income potential (high demand from students and professionals), this condo delivers convenience, value, and ease of living in a quiet, established community with a community pool.

2725 S Rural Road Unit 8, Tempe

$249,900
2 Beds 2 Baths 7009928 MLS 941 SqFt.
Investor opportunity in the heart of Tempe! Tenant-occupied 2 bed / 2 bath condo providing immediate rental income with optimized mid-term rental upside potential. This unit features a highly desirable split floorplan, inside laundry, a private shaded balcony, and spacious living areas. Unbeatable location just 2.5 miles from ASU, shopping, dining, major valley employers, and immediate freeway access. An attractive option for buy-and-hold investors, 1031 Exchange buyers, and portfolio growth. Active HOA community repair projects offer a built-in equity cushion and long-term value enhancement. Dues cover exterior maintenance, roofing, blanket insurance, water, sewer, trash, and access to 2 heated pools and hot tubs. Buyer to independently verify all property rules. Highest & Best Use Strategy: While currently stabilized as a long-term rental, this asset is primed for an optimized roadmap to transition into a premium 30-to-90+ day Mid-Term Rental (MTR) to capitalize on high-yielding traveling medical, corporate, and transitional academic stays. Financing & Cash Advantage: Due to ongoing community asset stabilization and repair cycles, this property is currently non-warrantable and requires an all-cash close. Cash investors can capitalize on this status to bypass financed retail competition. Turnkey Rental Infrastructure: Property is situated in an always-in-demand rental hub with local property management infrastructure available for seamless out-of-state portfolio integration. Pro Forma Availability: Data-backed pro forma models outlining both the stabilized long-term rental math and optimized mid-term rental metrics are available upon request.

200 E Southern Avenue Unit 224, Tempe

$995,000
2 Beds 3 Baths 7001309 MLS 1,968 SqFt.
Experience elevated waterfront living at Edgewater, where unobstructed views of the lake and the iconic Mill Avenue Bridge create a striking backdrop to everyday life. Expansive picture windows immediately draw your attention outward as rowing crews glide across the water, cyclists trace the shoreline, and the energy of downtown unfolds just beyond. The open concept design is intentional, maximizing natural light while seamlessly connecting interior living spaces to the surrounding scenery. This unique two bedroom, two and a half bathroom floor plan offers noticeably more living space than similar units on higher floors due to the architectural shape of the building, creating a larger and more functional layout that is rarely available. The guest suite is exceptionally spacious and currently accommodates two queen Murphy beds, a standup desk, and dedicated space for yoga and fitness, making it larger than many primary suites within the building. The guest bathroom is positioned just off the suite, while an additional half bath near the entry foyer allows for effortless hosting of both long term guests and everyday entertaining. The primary suite serves as a true retreat, offering generous proportions with an oversized layout that provides more than enough space for a king sized bed, a dedicated office or desk setup, or an additional sitting area. The spa inspired bathroom is designed for both comfort and privacy. Two private balconies provide front row access to morning sunrises and vibrant Arizona sunsets reflected across the water. The kitchen is both functional and refined, anchored by a waterfall island and designed to flow seamlessly into the main living and dining areas. Additional features include engineered hardwood flooring, automated Hunter Douglas window coverings, a gas fireplace, and secure parking with climate controlled storage. Located within Edgewater at Tempe Town Lake, this iconic building offers a full suite of resort style amenities. Residents enjoy a gated garage, a front desk attendant with on site security, a pool and jacuzzi, fitness center, and a private community lawn with lounge areas and grills. Additional shared spaces include a clubhouse with kitchen, television lounge and a pool table room. Direct access to Tempe Town Lake's dock, as well as immediate connection to the lake's walking and biking paths, places the outdoors at your doorstep. Edgewater is professionally managed with on site HOA management and strong reserves, offering peace of mind through thoughtful, well maintained operations. With A Mountain and Tempe Town Lake as your playground and seamless access to Tempe, Phoenix, and Scottsdale, this residence delivers a rare balance of tranquility, convenience, and iconic desert living.

120 E Rio Salado Parkway Unit 204, Tempe

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