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616 S HARDY Drive #112, Tempe, AZ, 85281

14beds
2baths
14sqft
$1,299,900
$92,850price/sqft
$7,639/moest. monthly cost
$305,560/yrincome needed

About This Home

This listing is a bulk sale for 7 identical condos at this property - Units 112, 115, 128, 138, 141, 207, 231. Each unit is rented with good solid tenants except unit 115 we left vacant for buyers to see the floor plan. There is still value ad for these 7 units as the rents can and should be increased in 2026. This is a great opportunity to purchase 7 units at the same located and have immediate cash flow from day one! Don't let this opportunity pass you by. Bring us an offer and lets Talk!

Getting Around

70
WalkingVery Walkable
55
TransitGood Transit
99
BikeBiker's Paradise

Schools

4/10
Scales Technology AcademyGrades PK-50.1 mi
5/10
Tempe High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1984

Materials

  • Roof: Shake
  • Construction materials: Shake Siding,Wood Frame

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Built-In Range,Dishwasher,Refrigerator,Microwave

Bedrooms & Bathrooms

  • Bedrooms: 14
  • Bathrooms: 2

Features

  • Flooring: Tile,Carpet,Vinyl

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Ceiling Fan(s),Heat Pump

Interior Area

  • Total structure area: 14
  • Total interior livable area: 14 sqft

Property

Details

  • Parcel number: 12436067
  • Zoning: Residential

Features

  • Private pool: Yes

Parking

  • Total spaces: 2
  • Parking features: Add'l Parking Avail,Carport
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Uncovered spaces: 1
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingVery High
  • Hail
    HailModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Hail

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,573$78,876
Home Insurance $374$4,488
Property Taxes $476$5,712
Electricity $216$2,603
Total$7,639$91,668

Income You'd Need if You Spent...

35% on housing$261,908/yr
40% on housing$229,170/yr
45% on housing$203,706/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$92,850This listing

vs Other Active Listings

Avg $/sqft

ZIP 85281$234
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85281$333
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-07Listed for sale$1,575,000
2025-09-04Listing removed$1,295
2025-08-12Price change$1,295
2025-07-15Listed for rent$1,395

For Sale by Agent

AgentJacob Allen
BrokerageTradelands Realty

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