105 S HARDY Drive, Tempe, AZ 85281

$675,000
Property Type: Multiple Dwellings Bedrooms: 4 Baths: 16 Status: Closed
Current Price: $675,000 List Date: 1/08/2026 Last Modified: 3/24/2026

Overview

Description

Prime Tempe location within easy walking distance to the Tempe Center for the Arts and Tempe Town Lake, and just one mile from Arizona State University. This well-maintained 4-unit property offers a total of 1,927 square feet and strong rental appeal in one of Tempe's most desirable areas. Each unit features a functional kitchen-living room combo, 1 bedroom, and 1 full bath. The two north units include washer and dryer hookups. Bonus! A conceptual site plan to create a second floor addition has been developed for future expansion. A narrative has been included detailing the project , site plans are available as well.

Supplements: The property is masonry block construction with synthetic stucco exterior, offering durability and low maintenance. Tenants enjoy easy access and an onsite concrete parking lot with six parking spaces, a valuable amenity in this high-demand location. A complete remodel in 2012 updated all units with modern finishes, including porcelain tile floorin ...

Listing Details MLS# 6964846

Location, Tax & Legal

House Number
105
Compass
S
Street Name
HARDY
St Suffix
Drive
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Zip4
2553
Country
US
County Code
Maricopa
Subdivision
MONTERREY VILLAGE NO. 3 UNIT 1
Assessor Number
124-31-104
Tax Year
2025

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
71 X 100
Year Built
1969
Uncvrd Parking Spcs
6
Total # of Units
4
# of Buildings
Yes
Zoning
Multi
Flood Zone
No
Elementary School District
Tempe School District
High School District
Tempe Union High School District
Elementary School
Scales Technology Academy
Jr. High School
Geneva Epps Mosley Middle School
High School
Tempe High School

Remarks Misc

Cross Street
Rio Salado/Hardy
Directions
SE Corner of Hardy and 1st Street

Status Change Info

Off Market Date
2026-03-23
Under Contract Date
2026-01-21
Close of Escrow Date
2026-03-23

Legal Info

Township
1N
Range
4E
Section
16
Lot Number
6

More Information

1 Bedroom Units

# 1 Bedroom Units
4
Avg Rent
750
Avg SqFt
482
# Baths
4

Structure

Bedrooms Total
4
Bathrooms Total
16

Showing Notification Methods

Showing Service
No Showing Service Used

Contact Info

List Agent Home Phn
480-466-1318

Sold Info

Loan Type
Conventional
Loan Years
30
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession to Buyer
16000
Seller Concession $/%
$

Property Features

Project Type: Four Plex Construction: Block Const - Finish: Painted; Stucco Roofing: Rolled Floors: Tile Sale Includes: Land & Building; Laundry Equipment Community Features: No Pool Exterior Amenities: Cable TV Available; Sidewalk(s) Appliances Included: Free-Standing Electric Oven; Free-Standing Range; Refrigerator; Microwave; Washer/Dryer; W/D Hookup Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: >1 Space Per Unit; Add'l Parking Avail Road Access Type: City Street Road Surface Type: Asphalt Owner Pays: Water; Gas; Landscaping Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner Showing Notification Methods: Phone Call Lockbox Type: Other Existing 1st Loan: VA; Conventional; Treat as Free&Clear New Financing: Cash; VA; Conventional; 1031 Exchange Environmental: None
IDX
Listing Office: MMRE Advisors
Office Phone: 480-699-0995
Office Email: karasellsaz@gmail.com
Last Updated: March - 24 - 2026
Broker Attribution: pm@mmreadvisors.com

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