MLS# 7000073 – 2122 E Margarita Drive, Tempe, AZ 85281

Price: $343,000
Beds: 2
Living Area SqFt: 1,248
Status: Active
Property Type: Townhouse
Lot Size Acres: 0.06
Lot Size SqFt: 2,561
Year Built: 1974
Neighborhood: Torre Molinos
Days on Website: 12

Courtesy of HomeSmart Realty

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, décor, 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.

Open House

Property Details and Features

  • Appliances & Equipment
  • “Stacked Washer/Dryer”
  • “Dryer”
  • “Washer”
  • “Refrigerator”
  • “Dishwasher”
  • “Disposal”
  • Bathrooms
  • 2 total bathrooms
  • Bedrooms
  • 2 total bedrooms
  • Building
  • Built in 1974
  • Living area: 1248
  • Construction materials: “Stucco”, “Wood Frame”
  • Cooling
  • “Central Air”
  • Exterior Features
  • “Balcony”
  • “Private Street(s)”
  • “Private Yard”
  • “Storage”
  • Fence
  • “Block”
  • Floors
  • “Carpet”
  • “Tile”
  • Garage
  • 2 spaces
  • Heating
  • “Electric”
  • Home Owner’s Association
  • Association fee: $350
  • Association fee frequency: Monthly
  • Association fee includes: “Roof Repair”, “Maintenance Grounds”, “Maintenance Exterior”
  • Interior Features
  • “Granite Counters”
  • “Upstairs”
  • “Eat-in Kitchen”
  • “Pantry”
  • “Full Bth Master Bdrm”
  • Listing
  • Listing ID: 7000073
  • Standard status: Active
  • 12 days on market
  • Location
  • Subdivision name: TORRE MOLINOS
  • Lot
  • 0.06 acres
  • 2,561 sqft
  • “North/South Exposure”
  • “Grass Front”
  • “Synthetic Grass Back”
  • Parking
  • “Garage Door Opener”
  • “Detached”
  • Possession
  • “Close Of Escrow”
  • Roof
  • “Tile”
  • Schools
  • Elementary school: Curry Elementary School
  • High school: McClintock High School
  • High school district: Tempe Union High School District
  • Sewer
  • “Public Sewer”
  • Taxes
  • Annual amount: $1,286
  • Lot: 156

Property Map

$343,000 – 2122 E Margarita Drive, Tempe, AZ 85281

Street View

Nearby Schools

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This content last updated on April 22, 2026 5:12PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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