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$343,000 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 2 Beds
  • 1 Full Bath
  • 0.06 Acres
  • 2 Car Garage
  • Updated 2 hours ago
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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.

Full Property Details for 2122 E Margarita Dr

General

  • Price: $343,000
  • HOA FEE: $350/month
  • Taxes: $1,286 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7000073
  • Updated: Today (4/10/2026)
  • Added to Site: Today

Interior

  • Interior Features: Granite Counters, Upstairs, Eat-in Kitchen, Pantry, Full Bth Master Bdrm
  • Appliances: Stacked Washer/Dryer, Dryer, Washer, Refrigerator, Dishwasher, Disposal
  • Flooring: Carpet, Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Exterior

  • Exterior Features: Balcony, Private Street(s), Private Yard, Storage

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, Detached

Location

  • County: Maricopa
  • Township: 1N
  • Subdivision: TORRE MOLINOS
  • Cross Streets: BROADWAY/PRICE

Community

  • Association: Yes
  • Assoc. Name: LAS BRISAS
  • Assoc. Fees Include: Roof Repair, Maintenance Grounds, Maintenance Exterior

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Electric

Utilities

  • Water: City Water

Structural Information

  • Builder: UNK
  • Exterior Const.: Stucco, Wood Frame
  • Roof: Tile
  • Common Walls: Two Common Walls
  • Sq. Ft. Source: Assessor
  • Year Built: 1974

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Size (Sq. Ft.): 2,561
  • Lot Size Source: Assessor
  • Lot Features: North/South Exposure, Grass Front, Synthetic Grass Back

Financial Considerations

  • Association Fee: $350
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $1,286
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Ownership: Fee Simple
  • Legal Description: LOT 156 TORRE MOLINOS MCR 016114
  • Property ID: 133-01-160
  • Range: 4E
  • Section: 24
  • Lot Number: 156

Listed by HomeSmart Realty

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— 2122 E Margarita Dr —

  • HomeSmart Realty

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 2122 E Margarita Dr

School Districts:Tempe School District, Tempe Union High School District
NameGradesDistance
Curry Elementary School
1974 East Meadow Drive, Tempe, AZ 85282
K-50.4 mi
Connolly Middle School
2002 East Concorda Drive, Tempe, AZ 85282
6-80.4 mi
McClintock High School
1830 East Del Rio Drive, Tempe, AZ 85282
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2122 E Margarita Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/10/2026
Listed
$343,000
71.5%
MLS
7/31/2019
Sold
$200,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2122 E Margarita Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,285
7%
$27,350
—
2024
$1,201
1%
$27,410
-3%
2023
$1,187
4%
$28,330
24%
2022
$1,138
—
$22,820
29%
2022
$1,138
14%
$17,680
7%
2021
$999
3%
$16,530
9%
2020
$966
-11%
$15,180
11%
2019
$1,090
3%
$13,710
9%
2018
$1,063
3%
$12,600
13%
2017
$1,032
1%
$11,130
10%
2016
$1,024
19%
$10,100
11%
2015
$860
-2%
$9,060
29%
2014
$876
14%
$7,000
23%
2013
$769
—
$5,700
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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2122 E Margarita Drive, Tempe, AZ 85281 (MLS# 7000073) is a Townhouse property with 2 bedrooms and 1 full bathroom. 2122 E Margarita Drive is currently listed for $343,000 and was received on April 10, 2026. Want to learn more about 2122 E Margarita Drive? Do you have questions about finding other Townhouse real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

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