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Duplex with Detached ADU
For Sale
Under Contract
$850,000

111 E BONITA Way, Tempe, AZ 85281

Multiple Dwellings, Tempe, AZ

Property SizeContact for details
Days on Market55

Property Features for 111 E BONITA Way

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bedroom 5, Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 2
Parking features Garage - Detached
Appliances Disposal, Refrigerator, Built-In Electric Oven
Subdivision UNIVERSITY ESTATES
Elementary school Broadmor Elementary School
Middle school Connolly Middle School
High school Tempe High School
Elementary school district Tempe School District
Middle school district Tempe Union High School District
High school district Tempe Union High School District
Directions Head toward S Mill Ave. Turn left onto E Broadway Rd. Turn left onto S Encanto Dr. Turn right onto E Bonita Way. Home will be on the right.
Standard status Active Under Contract
APN 133-16-104

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 25 4 UNIVERSITY ESTATES MCR 004605
Tax Annual Amount 1683
Legal Description LOT 25 4 UNIVERSITY ESTATES MCR 004605

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air

Building Details

Year built 1951
Number of units 1
Flooring type Vinyl, Carpet
Building materials Painted, Slump Block
Roof type Composition
Listing Agency: eXp Realty
Listed By: Brian J Cunningham · License #SA634644000
Added: Aug 14 Changed: Sep 30 Last Checked: Oct 7 at 12:06PM
MLS# 7067136

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Tempe duplex property includes a renovated main residence with fresh paint and new flooring, along with a separate accessory dwelling unit under construction. The detached ADU is planned with its own entrance, full kitchen, and stacked laundry, while an upgraded primary bathroom is also underway. Existing improvements include vinyl and carpet flooring, central air, electric heat, a composition roof, and a detached garage. Appliances include a refrigerator, built-in electric oven, and disposal.

The property sits on an 11,000+ square foot lot near Arizona State University and includes six additional parking spaces. Residential zoning, no HOA, and public sewer service are also part of the property profile. Built in 1951, the asset combines an established residential structure with an in-process detached addition.

Key Highlights

  • 11,000+ square foot lot in Tempe near Arizona State University
  • Detached ADU in process with private entrance, full kitchen, and stacked laundry
  • Renovated main residence with fresh paint and new flooring

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Pet Grooming Service Locksmith Plumbing Service Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,296
Businesses Nearby

Demographics for 85281, AZ

69,218
Population
32,475
Households
2.1
Avg Household Size
26
Median Age
49%
College-Educated
91%
High-School Grad
13.3 sq mi
ZIP Area
5,204
Density / Sq Mi
$59,084
Median Household Income
$32,805
Median Earnings
$1,531
Median Rent
$364,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Residentially zoned property with a detached garage, central air, and public sewer service.
Where is this duplex located?
The property is located at 111 E BONITA Way Tempe, AZ.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 11,000+ square foot lot in Tempe near Arizona State University; Detached ADU in process with private entrance, full kitchen, and stacked laundry; Renovated main residence with fresh paint and new flooring
More about this property
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