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Sold on 02/02/2021

37 El Parque Dr, Tempe, AZ 85282

  • $706,000

    Last sold 02/02/2021 after 210 Days

  • 10

    bed

  • 6

    bath

Multi-family not for sale
11 homes bought nearby with Movoto recently

About 37 El Parque Dr

Property type Multi-family
Year built 1957
HOA fee $0/month
Property description
Great 6 Unit Investment Opportunity or redevelopment opportunity In the heart of Tempe!! Located within walking distance to Arizona State University; one of the largest public universities in the country with total enrollment of over 82,000 students. This property needs a full makeover but once fully renovated the units will rent for: 2/1's - $1150-1200 p/mo 1/1's - $800-900 making asset est value $1m+. Deals like this are hard to come by in Tempe where you can make them your own and still have equity in the property.
Listed by
Listing Agent - Gabriel I. Ostrovsky
Listing Office - Venture REI, LLC
Source: ARMLS mls logo
MLS#6101102 • last updated 5 years ago
Movoto checked ARMLS for data 4 minutes ago
Overview
Cooling/AC Evaporative Cooling
Heating Electric, Natural Gas
MLS # 6101102
Type Multiple Dwellings
Status Closed
Property Tax 3647
Year Built 1957
Interior
Flooring Other
Appliances Other
Exterior
Roof Composition
Construction Stone, Block
Parking Other
# of Open Parking Spaces 12
Amenities / Utilities
Water Source Individual Meter
Sewer/Septic Public Sewer
Location
Community Features No Pool
Elementary School Broadmor Elementary School
Elementary School District Tempe Elementary School District
Middle School Connolly Middle School
High School District Tempe Union High School District
High School Tempe High School
APN 133-23-019
Zoning [M-H] [R-3]
Directions From Mill Ave And Broadway Rd: Head South On Mill Ae, Turn Left On E El Parque Dr, Property Is On The Right Hand Side.
Multifamily Details
Total # of Units 6
Expense: Operating 3647
Financial Data Source Owner
Gross Income 28751.83
Gross Scheduled Income 28751.83
We are not permitted to show value estimates for this property.
  • Feb 2021
    mls logo MLS # 6101102
  • Feb 2, 2021 Sold
    —
  • Jan 4, 2021 Pending
    —
  • Jan 4, 2021 Listed
    —
  • Dec 30, 2020 Sold
    $706,000 (+8.6%)
  • Jul 17, 2020 Listed
    $650,000
  • Feb 2021
    Public Records
  • Feb 1, 2021 Sold
    $685,000 (-3.0%)
  • 37 El Parque Dr
    $706K
  • $499K
  • 85282
    $450K -5% y/y
  • Tempe
    $489K -2% y/y
No chart available
Statistics calculated by Movoto

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6/10
Broadmor Elementary School
public Grades K-5
Tempe School District
4/10
Connolly Middle School
public Grades 6-8
Tempe School District
4/10
Tempe High School
public Grades 9-12
Tempe Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • AZ
  • Maricopa County
  • Tempe
  • 85282
  • 37 El Parque Dr
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