105 S HARDY Drive, Tempe, AZ 85281 (MLS# 6964846)


$699,000
105 S HARDY Drive
Tempe, AZ 85281
MLS# 6964846



Front View
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Front View 20260109_113252 View from the front door Unit 2 View from the kitchen to the great room Unit 2 View from the kitchen to the front door. Unit 2 Bathroom Bedroom Unit 2 Laundry Unit 2 Unit 1 Bathroom Unit 1 Kitchen 105 S. Hardy Fourplex Floor Plan(1)(2)(2 View of the South Entry

Property Description
Prime Tempe location within easy walking distance to the Tempe Center for the Arts and Tempe Town Lake, and just one mile from Arizona State University. This well-maintained 4-unit property offers a total of 1,927 square feet and strong rental appeal in one of Tempe's most desirable areas. Each unit features a functional kitchen-living room combo, 1 bedroom, and 1 full bath. The two north units include washer and dryer hookups. Bonus! A conceptual site plan to create a second floor addition has been developed for future expansion. A narrative has been included detailing the project , site plans are available as well.

Details
Maps
Documents
Contract Info
Ownership: Fee Simple
Current Price: $699,000
List Price: $699,000
Status: Active
List Date: 2026-01-07
Location, Tax & Legal
Assessor's Map #: 31
Legal Description (Abbrev): LOT 6 MONTERREY VILLAGE NO. 3 UNIT 1 MCR
Assessor's Parcel #: 104
Add'l Parcels: No
Tax Municipality: Tempe
Census Tract: 318800
Taxes: 1748
Legal: LOT 6 MONTERREY VILLAGE NO. 3 UNIT 1 MCR
Marketing Name: Monterrey Village
House Number: 105
Compass: S
Street Name: HARDY
St Suffix: Drive
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 2553
County Code: Maricopa
Subdivision: MONTERREY VILLAGE NO. 3 UNIT 1
Assessor Number: 124-31-104
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 6
Lot Size Dimensions: 71 X 100
Flood Zone: No
Total # of Units: 4
Elementary School District: Tempe School District
High School District: Tempe Union High School District
Elementary School: Scales Technology Academy
Jr. High School: Geneva Epps Mosley Middle School
High School: Tempe High School
Year Built: 1969
Zoning: Multi
Legal Info
Range: 4E
Section: 16
Township: 1N
Lot Number: 6
Project Type
Four Plex: 1
Construction
Block: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Rolled: 1
Floors
Tile: 1
Sale Includes
Land & Building: 1
Laundry Equipment: 1
Income & Expenses
Annual Gas Exp: 816
Annual Ins Exp: 1524
Annual Wtr/Swr Exp: 2640
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 6728
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Total Monthly Rental Income: 3000
Pmt & Rate Info
Equity: 699000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Phone Call: 1
Lockbox Type
Other: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Electric: 1
Exterior Amenities
Cable TV Available: 1
Sidewalk(s): 1
Tenant Pays
Electricity: 1
Cable TV: 1
Appliances Included
Free-Standing Electric Oven: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
W/D Hookup: 1
Road Access Type
City Street: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
>1 Space Per Unit: 1
Add'l Parking Avail: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Sewer: 1
Gas: 1
Landscaping: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
1031 Exchange: 1
Existing 1st Loan
VA: 1
Conventional: 1
Treat as Free&Clear: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 480-466-1318
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 4
Avg Rent: 750
Avg SqFt: 482
# Baths: 4
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Rio Salado/Hardy
Directions: SE Corner of Hardy and 1st Street
Geo Lat: 33.428891
Geo Lon: -111.952033
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Rolled
Floors: Tile
Sale Includes: Land & Building; Laundry Equipment
Community Features: No Pool
Exterior Amenities: Cable TV Available; Sidewalk(s)
Appliances Included: Free-Standing Electric Oven; Free-Standing Range; Refrigerator; Microwave; Washer/Dryer; W/D Hookup
Cooling: Electric
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: >1 Space Per Unit; Add'l Parking Avail
Road Access Type: City Street
Road Surface Type: Asphalt
Owner Pays: Water; Gas; Landscaping
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Owner
Showing Notification Methods: Phone Call
Lockbox Type: Other
Existing 1st Loan: VA; Conventional; Treat as Free&Clear
New Financing: Cash; VA; Conventional; 1031 Exchange
Environmental: None
Supplements
The property is masonry block construction with synthetic stucco exterior, offering durability and low maintenance. Tenants enjoy easy access and an onsite concrete parking lot with six parking spaces, a valuable amenity in this high-demand location. A complete remodel in 2012 updated all units with modern finishes, including porcelain tile flooring, baseboards, shower surrounds, and tile wainscot in all bathrooms. Kitchens were upgraded with granite countertops, European-style melamine cabinetry, black appliances (refrigerators, smooth-top stoves, and microwaves). Additional improvements include new interior doors, hardware, jambs, trim, wood window casing, double-pane aluminum windows throughout, updated electrical panels, track and recessed lighting, ceiling fans, and coaxial wiring in every room for internet connectivity. Contemporary metal corrugated siding accents the roof screen and mechanical room. An exceptional opportunity to own a turnkey, upgraded multi-family asset in a walkable, high-demand Tempe location near arts, recreation, and ASU. October 25, 2019 City of Tempe Planning department 31 E. 5th St. Tempe, AZ 85281 RE: 105 S. Hardy Description of change The subject property currently is a single story low sloped roof of exterior block, stucco, 4 unit building. Existing is one bedroom, one bath and one small kitchen per unit. New construction will be adding a second floor with a new common wall running the entire length and height of the building north to south to divide the building into two distinct units. Each unit of the new second floor above the existing single story building will contain one large great room, one bedroom , new kitchen and one bath on the second floor in each unit. The lower level of each unit of the duplex will contain 3 bedrooms,1 bath, a common area and a laundry area. The provided parking of 6 spaces is sufficient standards for the new use. The footprint of the lower building will remain the same with the exception of the new cantilevered deck to the north and slight addition of 6 second floor posts steel posts to the east and west. The existing sidewalks, west site wall, north paver patio area, concrete parking area, mature landscaping with several large trees and the existing grades will remain intact. One new sidewalk will be added along the west side to gain access to the newly created west facing door. Lower level of tannish sand finish stucco over the current first floor exterior block walls will remain as is in selected places. The current mill finish aluminum window sizes will be duplicated above on the second floor as to provide continuity. The exterior cladding will be a combination of a Fabral Cocoa Brown vertical metal siding along with delineated sections of horizontal galvalum interspersed below the window sections. The roof will consist of metal roof of a galvalum finish. The exterior soffit andfascia will be the galvalum color. The building will be fairly maintained free as it will have all prefinshed metal. Please let me know if I may provide any more information. Thank you. Glenn Odegard Nordic Properties, LLC Nordic Builders, Inc. Lic. 160685 KB-01

IDX
Listing Office: MMRE Advisors

Last Updated: January - 10 - 2026

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Kim & Henry Helfenbein | HOME BASE REALTY
3937 E Cholla Canyon Dr | Phoenix, AZ 85044

Cell: (480) 235-5360 | Email: KimAndHenry@cox.net