2122 E Margarita Drive Tempe, 85281

Bedrooms:
2
Bathrooms:
1.5
Square Feet:
1,248 sqft
Price $329,900 .00
Approx /month
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Sale Price:
$329,900
Loan Type:
Conventional - 5% down
FHA - 3.5% down
VA - 0% down
Additional $ Down:
Total Down Payment:
Loan Term: (years)
Interest Rate: (%)
Property Tax: (year)
$1,286
Insurance: (year)
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Virtual Tour of 2122 E Margarita Drive , Tempe 85281

Property Description

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, dcor, 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.

General Information

Price:
$329,900
Status:
Active
Listing Updated:
4/30/2026
List Date:
3/18/2026
Close Date
Square Feet:
1,248
Bedrooms:
2
Bathrooms:
1.5
Garage Spaces:
2.00
Year Built:
1974
Builder Name:
Unk
Subdivision:
Torre Molinos
City:
Tempe
Zip:
85281
County:
Maricopa
HOA Y/N:
Yes
HOA Fee:
$350
HOA Paid Frequency:
Monthly
HOA Transfer Fee:
200.000
Taxes:
$1,286
Tax Year:
2025
MLS ID:
7000073
Listing Attribution:
HomeSmart Realty

Property Features

Interior Features
Granite Counters, Upstairs, Eat-in Kitchen, Pantry, Full Bth Master Bdrm
Exterior Features
Balcony, Private Street(s), Private Yard, Storage
Flooring
Carpet, Tile
Laundry
Fireplace Features
Cooling
Central Air
Heating
Electric
Utilities
Pool
Spa
None
Construction Finish
Stucco, Wood Frame
Roofing
Tile
Water
City Water
Sewage
Public Sewer
Fencing
Block

School Information

High School:
Mcclintock High School
High School District:
Tempe Union High School District
Middle School:
Connolly Middle School
Elementary School:
Curry Elementary School
Elementary School District:
Tempe School District

Community Information

Subdivision:
Torre Molinos
Community Features
Pool, Near Light Rail Stop, Near Bus Stop, Biking/Walking Path

Lot Information

Lot Size (sq feet):
2,561
Lot Features:
North/South Exposure, Grass Front, Synthetic Grass Back
Fencing:
Block

Location Information

Directions:
West on Broadway to Shannon Dr. Right on Shannon Dr. Right on Torre Molinos Cir. Left on Margarita Dr. House is on the right.
Cross Street:
Broadway/price
Map:
View on Map