616 S HARDY Drive 112, Tempe, AZ 85281 (MLS# 7010331)

616 S HARDY Drive 112, Tempe, AZ 85281

$1,575,000
Property Type: Multiple Dwellings Status: Active
Current Price: $1,575,000 Last Modified: 4/07/2026

Description

This listing is a bulk sale for 7 identical condos at this property - Units 112, 115, 128, 138, 141, 207, 231. Each unit is rented with good solid tenants except unit 115 we left vacant for buyers to see the floor plan. There is still value ad for these 7 units as the rents can and should be increased in 2026. This is a great opportunity to purchase 7 units at the same located and have immediate cash flow from day one! Don't let this opportunity pass you by. Bring us an offer and lets Talk!

More Information MLS# 7010331

Contract Info

Current Price: $1,575,000 List Price: $1,575,000 Status: Active List Date: 2026-04-07 Ownership: Condominium

Location Tax Legal

House Number: 616 Compass: S Street Name: HARDY St Suffix: Drive City/Town Code: Tempe State/Province: AZ Zip Code: 85281 Zip4: 7802 County Code: Maricopa Subdivision: WORTHINGTON PLACE CONDOS UINIT 101-148 201-248 Assessor Number: 124-36-067 Tax Year: 2025

General Property Description

Lot Size Dimensions: NA Year Built: 1984 Uncvrd Parking Spcs: 1 Total # of Units: 7 # of Buildings: 7 Zoning: Residential High School District: Tempe Union High School District

Remarks Misc

Cross Street: Hardy and 5th St Directions: USE GPS Geo Lat: 33.424296 Geo Lon: -111.953262

Legal Info

Township: 1N Range: 4E Section: 16 Lot Number: 112

Income Expenses

Gross Annual Sch Inc: 116820 Net Operating Income: 75420

Showing Notification Methods

Showing Service: Aligned Showings

2 Bedroom Units

# 2 Bedroom Units: 7 Avg Rent: 1350 Avg SqFt: 2 # Baths: 2

Property Features

Project Type: 5 - 12 Units Construction: Wood Frame Const - Finish: Shake Siding Roofing: Shake Floors: Tile; Vinyl; Carpet Sale Includes: Laundry Equipment Community Features: Pool; Play Area; Barbecue Appliances Included: Built-In Range; Refrigerator; Dishwasher; Microwave Cooling: Ceiling Fan(s); Heat Pump Water Source: Community Franchise; Master Meter Sewer: Sewer - Public Electric: APS; SRP Gas: None Parking Features: Carport; Add'l Parking Avail Road Surface Type: Asphalt Road Responsibility: Private Maintained Road Owner Pays: See Remarks Tenant Pays: Electricity; Cable TV Source of Fincl Data: Other (See Remarks) Showing Notification Methods: Text Lockbox Type: Combo New Financing: Cash; Conventional; Owner May Carry Environmental: None
Listing Office: Tradelands Realty
Last Updated: April - 07 - 2026
616 S HARDY Drive 112, Tempe, AZ 85281- MLS# 7010331
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