2122 E Margarita Dr, Tempe, AZ 85281
Property image
Property image
OFF MARKET

$308,700

Trulia Estimate
as of Sep 25, 2026
  • 2 Beds
  • 1.5 Baths
  • 1,248 sqft

2122 E Margarita Dr, Tempe, AZ 85281

Home Highlights

Townhouse
1,248 sqft
$247/sqft
Garage

Local Information

  • Map ViewExplore the area around 2122 E Margarita Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Newer paint throughoutBeautiful graniteBackyard has turf areaKitchen is fully equippedMicrowave included
PERFECT LOCATION!! Awesome fully furnished two story townhouse with easy access to 101 and everything else Tempe has to offer - ASU, Tempe Marketplace, local hospitals, restaurants, entertainment, Old Town Scottsdale - this location CAN'T BE BEAT!
2 large bedrooms and 1.5 baths. Front room has private balcony, both rooms have large walk in closets. Detached garage for safe parking and storage space in the backyard. Backyard has turf area and concrete area for a patio table/grill complete with bistro lighting. Hardwood floors in the living room, tile in the kitchen and bathrooms, newer carpet in the bedrooms, newer paint throughout. Brand new A/C and ceiling fans in all rooms. Kitchen is fully equipped, microwave included and functional with beautiful granite. Full size washer and dryer included. The community is small and quiet with great neighbors, 3 pools and 1 hot tub. Owner is a licensed real estate agent with Homesmart.

6 month lease. Tenant is responsible for utilities. Max 1 dog, no cats. No smoking inside.
2122 E Margarita Dr, Tempe, AZ 85281 is a 2 bedroom, 2 bathroom, 1,248 sqft townhouse. It last sold for $200,000 on Aug 21, 2019 (10,426% above the $1,900 asking price). More recently, it was listed as a rental in July 2026 with an asking price of $1,900 per month. That rental listing was removed on August 12, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $308,700, with a rent estimate of $1,975/month.

Home Details for 2122 E Margarita Dr

Interior Features

Heating & Cooling
Heating: Central, Forced AirAir ConditioningCooling System: Air Conditioner, Central AirHeating Fuel: Central
Appliances & Utilities
DishwasherRefrigerator
Levels, Entrance, & Accessibility
Floors: Carpet, Hardwood, Tile

Property Information

Property Type / Style
Property Type: Townhouse

Rental Terms, Policies & Fees

Lease Term: 6 MonthAvailable: now

Exterior Features

Pool
Pool
Parking & Garage
GarageParking: Detached Garage, On Site

Additional Information

Pool

Comparable Sales for 2122 E Margarita Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1929 S Shannon Dr, Tempe, AZ
0.11
Townhouse
$305,000
09/30/25
2
1.5
1,212 sqft
2134 E BROADWAY Road #1046, Tempe, AZ
0.09
Townhouse
$308,000
11/24/25
2
2
1,083 sqft
2151 E SANOS Drive, Tempe, AZ
0.07
Townhouse
$385,000
04/27/26
3
2
1,560 sqft
2134 E BROADWAY Road #2007, Tempe, AZ
0.09
Townhouse
$245,000
12/16/25
1
1
863 sqft
2135 E ROSARITA Drive, Tempe, AZ
0.04
Townhouse
$325,000
10/06/25
3
2.5
1,712 sqft
1501 S River Dr, Tempe, AZ
0.11
Townhouse
$295,857
02/20/26
3
3
1,468 sqft
1901 S Shannon Drive, Tempe, AZ
0.07
Townhouse
$375,000
07/27/26
3
3
1,655 sqft
1832 S RIVER Drive, Tempe, AZ
0.11
Townhouse
$396,000
05/22/26
3
3
1,627 sqft
1512 S RIVER Drive, Tempe, AZ
0.11
Townhouse
$460,000
03/23/26
3
3
1,627 sqft
850 S RIVER Drive #2046, Tempe, AZ
0.74
Townhouse
$300,000
06/01/26
2
2
1,130 sqft

Nearby homes

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Rental Market Trends in Tempe

Last updated Sep 2026
Trulia Rent Estimate$1,975/mo
Average rent
$2.02K
$130MoM
Available listings
1001
View rental market trends in Tempe, AZ

Around this home

What Locals Say about Tempe

At least 1318 Trulia users voted on each feature.

  • 90 % Say it's dog friendly

  • 90 % Say there are sidewalks

  • 79 % Say parking is easy

  • 77 % Say car is needed

  • 70 % Say it's walkable to restaurants

  • 68 % Say streets are well-lit

  • 66 % Say there's holiday spirit

  • 64 % Say people would walk alone at night

  • 62 % Say yards are well-kept

  • 61 % Say it's walkable to grocery stores

  • 58 % Say it's quiet

  • 53 % Say kids play outside

  • 43 % Say they plan to stay for at least 5 years

  • 42 % Say neighbors are friendly

  • 25 % Say there's wildlife

  • 23 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Have a car and traffic on the freeways is very heavy"
    0
    Flag
  • Jdimmel
    "Easy to get onto major freeways if you work downtown"
    0
    Flag
  • Cainiac
    "Tempe is a very large area. Even a zip code like 85281 can vary. I live in the ASU area near 1st and University. Walkable to Whole-foods and many restaurants. Tempe Beach is like an oasis. "
    0
    Flag
  • Karen Orton
    "Its walkable, nice park around the corner, houses are well maintained and there is no HOA. "
    0
    Flag
  • Louise Marin
    "Great walking areas. Dog play areas in the surrounding parks. Well lit areas for evening activities. "
    0
    Flag
  • Trulia User
    "You should Still be watching your kids outside even if if seems safe. Live in “nice” “gated and secured” apartments and still many crimes occur in a short amount of time. "
    0
    Flag
  • Patrice Trotter
    "I’ve lived in this area for 9 months, it’s been quiet and friendly. With easy access for parking and convenient access to laundry and well maintained facilities."
    0
    Flag
  • Rs70asn
    "Many families. Great parks and greenbelts. Friendly. Stores and restaurants nearby. Great schools nearby"
    1
    Flag
  • Thomas Burke
    "I live in this neighborhood, but you never see your neighbors and everyone in the backyard. All the walls are black wall walls. It’s not like back east where you see your neighbors and people sit on their front porches."
    0
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  • Thomas Burke
    "I really don’t know my neighbors. Everybody keeps themselves and I’ve lived here a year. There is nice places to walk I do feel safe in this neighborhood and everything we could want is within driving distance "
    0
    Flag
  • Emely Zambrano
    "Nice neighbors and it’s close to a lot of great restaurants and stores. Tempe is in the middle of everything. It’s a great location close enough to ASU but not close enough to be part of a college town. "
    0
    Flag
  • Rachel Belcher
    "The parks hold a lot art events that bring the neighborhood together. Very family/friendly oriented. "
    1
    Flag
  • Miguel L
    "Tempe is like dog heaven. Every corner you turn you’ll see someone walking their dog. There are also tons of waste bags located around the area I live in and at the lake. "
    0
    Flag
  • Destiny Garcia
    "Park events and church events they seem like fun haven’t been to one yet but the neighborhood seems kind"
    0
    Flag
  • Hfbbhb7s4b
    "Not that bad. Can take major roads or freeway to Phoenix downtown, or light rail. It’s possible to use public transportation to light rail, as well as to city hall, ASU, Tempe Marketplace. Commute is usually-22 minutes. "
    0
    Flag
  • Manuel Rodriguez
    "great parks and nice families. there is lovely houses near the neighborhood and lots of markets and stores and parks and water parks "
    0
    Flag
  • Alejandro Martinez
    "I live right next to Southern and it is one of the most congested streets in Tempe. it’s so noisy sometimes at night with cars revving their engines in the middle of the night for no reason whatsoever. "
    0
    Flag
  • Aj.martinez2000
    "Dog owners have access to a dog park as long as they have all forms and registrations completed and up to date. "
    0
    Flag
  • Julie
    "Dog park nearby and friendly folks at the park. Some unhoused people at the park at times but generally pleasant."
    0
    Flag
  • Nancy Benitez
    "All dog owners like about this area because theirs a trail to walk the dogs and all the apartments are dog friendly "
    0
    Flag
  • Trulia User
    "Yes most definitely but watch of rattlesnake during the summer months. But the community is kind and well organized "
    0
    Flag
  • Trulia User
    "great scenic views and a variety of trees, flora, and rock formations in a private neighborhood.love the outdoors and local restaurants and fresh produce markets."
    0
    Flag
  • Trulia User
    "Great community. A lot of friendly neighbors walking their dog. Never had an issue with someone’s dog."
    1
    Flag
  • Trulia User
    "People don't know how to control their dogs sometimes. There are a lot of people who get very upset seeing dogs being walked on 110+ degree pavement."
    0
    Flag
  • Trulia User
    "don't live here. but it's great when I visit. I live 10 minutes from my office never had an issue "
    0
    Flag
  • Trulia User
    "The Tempe Orbit comes through the neighborhood often but I just drive my personal car. There seems to be some bus stops nearby as well."
    1
    Flag
  • Trulia User
    "This neighborhood is safe and fairly quiet, downside would be number of rental homes. I have lived in the area 49 years."
    0
    Flag
  • Trulia User
    "I love the neighborhood for its safe walking trails. I can take a walk at any time of day or evening and it always feels safe. There are plenty of lights and always someone out walking their dogs. I love that it’s kid friendly and all the properties are well maintained. "
    0
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  • Trulia User
    "It’s close to the high school, you can hear the high school band on football game nights, it’s cute."
    0
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  • Trulia User
    "I use an electric car and occasionally the light rail to get to work and other places. but I do see public transportation all the time "
    0
    Flag
  • Trulia User
    "People speed down these streets even with the speed bumps and the curb parking makes visibility a challenge. "
    2
    Flag
  • Trulia User
    "this neighborhood has an amazing elementary school and community center..the community here is very quiet and nice "
    0
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  • Trulia User
    "I have lived in this neighborhood for several years and have never experienced any issues. Sure you have some bad seeds but that’s everywhere you go. But everyone is friendly and kids are out playing. "
    0
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  • Trulia User
    "A short pleasant trip with many interesting sights and places to shop and or visit. Including many Restaurants and the Tempe Library on the way"
    0
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  • Trulia User
    "We help each other. Raised our kids together. This neighborhood seems to understand it takes a village. and we have each other's backs in a crisis. it neighborhood is also culturally diverse. and our neighborhood has all afe ranges living it. We are near ASU and downtown Tempe, which is very charming. "
    0
    Flag
  • Nicole B.
    "Events in the park; movies, live music, food trucks, b2b events, dog runs and other parade or charity fundraisers "
    0
    Flag
  • Amymc.clubtattoo
    "No special events that I know of. I live in a nice, friendly, safe neighborhood that is very dog friendly. Lots of parks. Tempe is just a nice place to live. 😀"
    0
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  • Victorya V.
    "The events that are held at Kiwanis park , like movie night or the new water park. I have enjoyed living in Tempe"
    0
    Flag
  • Iceman8593
    "Great place for young people. Right by asu and Scottsdale makes for awesome living. Being young here makes you want to achieve more and flourish just by your surroundings. "
    0
    Flag
  • Kelly W.
    "I like all the festivals at Tempe Beach Park. I also enjoy that I can walk practically anywhere. Tempe does a great job at celebrating holidays."
    0
    Flag

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Aug 12, 2026
Source: Zillow Rentals
ListingRemoved
$1,900
Jul 11, 2026
Source: Zillow Rentals
Listed For Rent
$1,900
Jul 11, 2026
Source: ARMLS #7000073
ListingRemoved
$319,000
Jun 22, 2026
Source: ARMLS #7000073
PriceChange
$319,000
Price decreased by 3%
Apr 30, 2026
Source: ARMLS #7000073
PriceChange
$329,900
Price decreased by 4%

Frequently asked questions about 2122 E Margarita Dr

  • What is 2122 E Margarita Dr estimated to be worth?
    Trulia's estimated value for 2122 E Margarita Dr in Tempe, AZ is $308,700.
  • What is the price history for 2122 E Margarita Dr?
    2122 E Margarita Dr in Tempe, AZ last sold for $200,000 in August 2019.
  • Is Tempe a buyer's or seller's market?
    Tempe is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Tempe?
    The median sale price in Tempe is $461K. That is down $1.5K from the prior month.
  • Does 2122 E Margarita Dr have air conditioning?
    Yes, 2122 E Margarita Dr in Tempe, AZ has air conditioning.
  • Does 2122 E Margarita Dr have a pool?
    Yes, 2122 E Margarita Dr in Tempe, AZ has a pool.

Homes for rent near 2122 E Margarita Dr

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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