2106 S GRANADA Drive, Tempe, AZ 85282

$650,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $650,000 Last Modified: 1/23/2026

Description

Tenants will love this location, close enough to ASU to enjoy a quick bike or bus commute or they can take their car as each unit has 1 covered carport. Property also has 2 concrete slab parking spots with street parking available as well. Currently property is set up for tenants to pay their own electricity and landlord pays rest such as sewer/water/trash. Unit 1 is large with over 1400 sq feet, 2 bedroom, 2 bath, family room, living room, kitchen, and backyard access. -Hey just an idea but maybe that unit can be converted to two 1 bedroom units with living room and kitchen, like unit 2 and unit 3, with proper inquiry and permits of course during due diligence. -Or maybe new owner can occupy one unit and rent out the other two, just an idea!

More Information MLS# 6831131

Contract Info

Ownership: Fee Simple Current Price: $650,000 Sold Price: $650,000 Status: Closed List Date: 2025-03-05

Location, Tax & Legal

Assessor's Map #: 25 Legal Description (Abbrev): LOT 5 SUNSET VISTA MCR 007315 Assessor's Parcel #: 17 Add'l Parcels: No Tax Municipality: Tempe Census Tract: 3196 Taxes: 1851 Legal: LOT 5 SUNSET VISTA MCR 007315 Marketing Name: Sunset Vista House Number: 2106 Compass: S Street Name: GRANADA St Suffix: Drive City/Town Code: Tempe State/Province: AZ Zip Code: 85282 Zip4: 2273 County Code: Maricopa Subdivision: SUNSET VISTA Assessor Number: 133-25-017 Tax Year: 2024

General Property Description

# of Buildings: 1 Uncvrd Parking Spcs: 2 Lot Size Dimensions: 7257 Total # of Units: 3 High School District: Tempe Union High School District High School: McClintock High School Year Built: 1962 Zoning: R-3

Legal Info

Range: 4E Section: 27 Township: 1N Lot Number: 5

Project Type

Tri-Plex: 1

Construction

Block: 1

Const - Finish

Painted: 1

Roofing

Composition: 1

Floors

Ceramic Tile: 1 Carpet: 1

Sale Includes

Land & Building: 1

Income & Expenses

Annual Ins Exp: 1874 Annual Maint Exp: 725 Annual Mgmt Exp: 6980 Annual Trash Exp: 240 Annual Wtr/Swr Exp: 2280 Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 13950 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 35400

Pmt & Rate Info

Cap Rate: 3.58 Equity: 650000 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0

Showing Notification Methods

Showing Service: Aligned Showings Text: 1

Lockbox Type

Supra: 1

Community Features

No Pool: 1

Heating

Electric: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1

Exterior Amenities

Partially Fenced: 1 Sidewalk(s): 1 Separate Storage: 1

Interior Features

Unfurnished: 1

Tenant Pays

Electricity: 1

Appliances Included

Refrigerator: 1 Free-Standing Range: 1 Washer/Dryer: 1

Road Access Type

Alley: 1

Road Surface Type

Asphalt: 1

Source of Fincl Data

Owner: 1

Water Source

Master Meter: 1

Sewer

Sewer - Public: 1

Parking Features

Carport: 1 On Street: 1 1 Space/Unit: 1 Paved: 1 Add'l Parking Avail: 1

Electric

SRP: 1

Gas

None: 1

Owner Pays

Water: 1 Trash Collection: 1

New Financing

Cash: 1 VA: 1 Conventional: 1 FHA: 1 No Carry: 1 1031 Exchange: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Efficiency Units

Avg Rent: 0

1 Bedroom Units

# 1 Bedroom Units: 2 Avg Rent: 775 Avg SqFt: 583 # Baths: 1

2 Bedroom Units

# 2 Bedroom Units: 1 Avg Rent: 1400 Avg SqFt: 1430 # Baths: 2

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Sold Info

Loan Type: Other Loan Years: 30 Closing Cost Split: Normal - N Payment Type: Fixed Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: S Rural Rd & E Broadway Rd Directions: US-60 East exit on Rural Rd to left on Broadway make a quick left on Granada (west of Broadway - you will see an AT&T store & Sherwin Williams before turning left). Look for 2106 on West Side of St. Geo Lat: 33.405765 Geo Lon: -111.928216

Status Change Info

Off Market Date: 2026-01-23 Under Contract Date: 2025-11-27 Close of Escrow Date: 2026-01-22 Sold Price: $650,000

Income Expenses

Gross Annual Sch Inc: 35400 Net Operating Income: 23301

Property Features

Project Type: Tri-Plex Construction: Block Const - Finish: Painted Roofing: Composition Floors: Ceramic Tile; Carpet Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Partially Fenced; Sidewalk(s); Separate Storage Interior Features: Unfurnished Appliances Included: Free-Standing Range; Refrigerator; Washer/Dryer Cooling: Ceiling Fan(s); Central Air Water Source: Master Meter Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: Carport; On Street; 1 Space/Unit; Add'l Parking Avail; Paved Road Access Type: Alley Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity Source of Fincl Data: Owner Showing Notification Methods: Text Lockbox Type: Supra New Financing: Cash; VA; FHA; Conventional; No Carry; 1031 Exchange Environmental: None
Listing Office: Valley Views RE
IDX
Last Updated: January - 23 - 2026
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