Stewart Ray

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Listing provided courtesy of HomeSmart Realty- MLS# 7000073MLS Provider

2122 E MARGARITA DriveTempe, AZ 85281

Condo/Townhouse · 2 Beds · 1 Full Bath · 1 Half Bath · 1,248 Sq. ft. | 0.06 Acres
$319,000 Active

2122 E MARGARITA Drive Overview

Time on Site:
81 days
Visits:
1

Exceptional opportunity to own a prime location, income-generating, short-term rental with a proven track record of success. This property is being offered completely turnkey - all furnishings, décor, and operational setup convey with the sale. Thoughtfully curated for both comfort and style, the home features inviting living spaces, a well-appointed kitchen and 2 car garage - all designed to maximize guest experience and occupancy. The property boasts consistent bookings, strong guest reviews and established revenue history - an ideal addition to any investment portfolio or for a first-time STR investor seeking immediate cash flow. Don't miss this rare opportunity to acquire a fully operational, income-producing vacation rental! Owner is a licensed AZ real estate agent.

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2122 E MARGARITA Drive Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 1,248
  • Price/Sq.ft. $256
  • Lot 0.06 Acres

Details

General

Association/HOA

  • Association Fee: $350.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Roof Repair,Maintenance Grounds,Maintenance Exterior
  • Association Name: LAS BRISAS
  • Association: true

School Information

  • School District: Tempe Union High School District
  • Elementary School: Curry Elementary School
  • Middle Or Junior School: Connolly Middle School
  • High School: McClintock High School

Building Information

  • Builder Name: UNK
  • Year Built: 1974

Location/Region

  • Country: US
  • County Or Parish: Maricopa
  • Postal City: Tempe
  • Subdivision Name: TORRE MOLINOS
  • Township: 1N

Community/Development

  • Community Features: Pool,Near Light Rail Stop,Near Bus Stop,Biking/Walking Path

Rent/Lease Information

  • Land Lease: false

Tax Information

  • Tax Annual Amount: $1,286.00
  • Tax Year: 2025

General Information

  • Disclosures: Seller Discl Avail
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Ownership: Fee Simple
  • Parcel Number: 133-01-160
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Special Listing Conditions: N/A

Interior

Parking Information

  • Garage Spaces: 2.0

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total: 2
  • Bedrooms Total: 2
  • Bedrooms Possible: 2

Building Interior

  • Building Area Source: Assessor

General Information

  • Common Walls: Two Common Walls
  • Fireplace: false
  • Flooring: Carpet,Tile
  • Interior Features: Granite Counters,Upstairs,Eat-in Kitchen,Pantry,Full Bth Master Bdrm
  • Living Area: 1248.0
  • Living Area Source: Assessor
  • Rooms Total: 0
  • Spa Features: None
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking Spaces: 2.0
  • Parking Features: Garage Door Opener,Detached

Lot Information

  • Lot Features: North/South Exposure,Grass Front,Synthetic Grass Back
  • Lot Size Area: 2561.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2561.0
  • Lot Size Units: Square Feet
  • Water Source: City Water

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Stucco,Wood Frame
  • Property Attached: true
  • Roof: Tile

General Information

  • Covered Spaces: 2.0
  • Exterior Features: Balcony,Private Street(s),Private Yard,Storage
  • Fencing: Block
  • Horse: false
  • Pool Private: false
  • Sewer: Public Sewer

2122 E MARGARITA Drive Neighborhood

Community

85281 (Tempe) Demographics

25
Median Age
5,130
Population Density (per sq. mile)
50%
College Educated
$42,545
Estimated Median Income
5,503
Estimated Total Home Owners
20,386
Estimated Total Renters
21% / 79%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2122 E MARGARITA Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2122 E MARGARITA Drive Market Data

Based on the last 30 days in this zip code

$566,243
Average List Price
$387
Average Price per Square Foot
18
Properties Sold
80
Average Days on Market
149
Properties for Sale
Calculations provided by Reliance Network

2122 E MARGARITA Drive History

Date Event Value Agent
6/22/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$319,000 -3.3%
4/30/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$329,900 -3.8%
4/10/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
April 10, 2026
10/24/2024Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
October 24, 2024