$499,999
Reduced By $25,000, last change 11/15/2024
Bedrooms
5
Baths
2
Sq. Feet
1524
Year Built
1951
Days On Market
84
$/SqFt
$328
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Home Description: 401 S Robert Rd
Unlock Your House-Hacking Potential in the Heart of Tempe! This expansive 5-bedroom, 2-bathroom home offers a rare combination of space, style, and income-generating possibilities, perfect for investors or savvy homebuyers. Live in one room and Airbnb the rest, rent out individual rooms, or make it your full-time residence while letting the property pay for itself. Projected to generate an impressive annual revenue of $69,007, this home boasts a 10.4% Cap Rate, 13.7% Gross Yield, and a 15.4% Cash-on-Cash Return. Thoughtfully updated, the home features a bright, airy kitchen with sage-colored cabinets and skylights, alongside energy-efficient double-pane windows and durable block walls for added insulation. With prime proximity to Tempe's top amenities and solid Airbnb performance in the area, this property is poised for consistent returns. Don't miss this unique opportunity to own a spacious, stylish home with significant investment upside! Maximize rental space with 5 rooms or swap one room for an oversized primary suite. ! Properties that offer this perfect blend of aesthetic appeal and an unbeatable environment near ASU, Mill Ave, and the 10, 60 ,202 freeways are truly one-of-a-kinddon't miss the chance to make it yours
Available now at $499,999
Neighborhood
The average asking price of a 5 bedroom Tempe home in this zip code is $707,483 (41.5% more than this home).
This home is priced at $328/sqft, which is 3.6% less than similar homes in the 85281 zip code.
Map Map | Street Street | Birds Eye Birds Eye
401 S Robert Rd Tempe AZ 85281
Similar to: 401 S Robert Rd
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Area Stats
These statistics are updated daily from the Metropolitan Phoenix Board of REALTORS® Multiple Listing Service. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (602) 761-1447 and speak with one of our real estate consultants.
Listing Courtesy of Coldwell Banker Realty. For information or to schedule a viewing of this property (MLS# 6748518) located at 401 S Robert Rd Tempe AZ 85281, call: 602-761-1447
401 S Robert Rd, Tempe AZ is a single family home of 1524 sqft and is currently priced at $499,999 . This single family home has 5 bedrooms. A comparable home for sale at 1047 W Elna Rae St in Tempe is listed at $590,000. This home on 401 S Robert Rd has decreased in price by $25,000 and the last change was on 11/15/2024. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Tempe, AZ. Lindon Park, Western Village and Laird Estates are nearby neighborhoods. MLS 6748518 has been posted on this site since 1/1/0001 (today).
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