105 S HARDY Drive, Tempe, AZ 85281
$675,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$675,000
List Date:
1/08/2026
Last Modified:
3/22/2026
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: ... (Read more)
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
- County Code
- Maricopa
- Subdivision
- MONTERREY VILLAGE NO. 3 UNIT 1
- Assessor Number
- 124-31-104
- Tax Year
- 2025
- Assessor's Map #
- 31
- Legal Description (Abbrev)
- LOT 6 MONTERREY VILLAGE NO. 3 UNIT 1 MCR
- Assessor's Parcel #
- 104
- Add'l Parcels
- No
- Tax Municipality
- Tempe
- Census Tract
- 318800
- Taxes
- 1748
- Legal
- LOT 6 MONTERREY VILLAGE NO. 3 UNIT 1 MCR
- Marketing Name
- Monterrey Village
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
- 2026-03-02
- Under Contract Date
- 2026-01-21
- Close of Escrow Date
- 2026-03-21
Legal Info
- Township
- 1N
- Range
- 4E
- Section
- 16
- Lot Number
- 6
More Information
Showing Notification Methods
- Showing Service
- No Showing Service Used
- Phone Call
- Yes
1 Bedroom Units
- # 1 Bedroom Units
- 4
- Avg Rent
- 750
- Avg SqFt
- 482
- # Baths
- 4
Contact Info
- List Agent Home Phn
- 480-466-1318
Sold Info
- Loan Type
- Cash
- Payment Type
- Other
- Closing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession to Buyer
- 16000
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
Project Type
- Four Plex
- Yes
Construction
- Block
- Yes
Const - Finish
- Painted
- Yes
- Stucco
- Yes
Roofing
- Rolled
- Yes
Floors
- Tile
- Yes
Sale Includes
- Land & Building
- Yes
- Laundry Equipment
- Yes
Income & Expenses
- Annual Gas Exp
- 816
- Annual Ins Exp
- 1524
- Annual Wtr/Swr Exp
- 2640
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Operating Exp
- 6728
- Other Income
- 0
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 0
- Total Monthly Rental Income
- 3000
Pmt & Rate Info
- Equity
- 699000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
Lockbox Type
- Other
- Yes
Community Features
- No Pool
- Yes
Heating
- Electric
- Yes
Cooling
- Electric
- Yes
Exterior Amenities
- Cable TV Available
- Yes
- Sidewalk(s)
- Yes
Tenant Pays
- Electricity
- Yes
- Cable TV
- Yes
Appliances Included
- Free-Standing Electric Oven
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Free-Standing Range
- Yes
- Washer/Dryer
- Yes
- W/D Hookup
- Yes
Road Access Type
- City Street
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- >1 Space Per Unit
- Yes
- Add'l Parking Avail
- Yes
Electric
- APS
- Yes
Gas
- SW Gas
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Gas
- Yes
- Landscaping
- Yes
New Financing
- Cash
- Yes
- VA
- Yes
- Conventional
- Yes
- 1031 Exchange
- Yes
Existing 1st Loan
- VA
- Yes
- Conventional
- Yes
- Treat as Free&Clear
- Yes
Reports/Disclosures
- None
- Yes
Environmental
- None
- Yes
Efficiency Units
- Avg Rent
- 0
2 Bedroom Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
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
Documents
Stamped Architectural Drawings ›
Listing Office:
MMRE Advisors
Last Updated: March - 22 - 2026
Broker Attribution:
pm@mmreadvisors.com
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