2506 E  Balboa Dr, Tempe, AZ 85282
Master Bathroom
Bedroom 3
OFF MARKET

2506 E Balboa Dr
Tempe, AZ 85282

Evergreen
  • 3 Beds
  • 2 Baths
  • 1,966 sqft

$494,900

Trulia Estimate
as of Aug 20, 2026

$494,900

Trulia Estimate
as of Aug 20, 2026
  • 3 Beds
  • 2 Baths
  • 1,966 sqft

Home Highlights

Property Type
Single-Family Home
Living Area
1,966 sqft
Price/Sqft
$252
Parking
Attached Garage

Local Information

  • Map ViewExplore the area around 2506 E Balboa Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Spacious 3BR with Arizona Room Newly Remodeled!

Freshly Remodeled Home for Lease

Available now! This beautifully updated 1,966 sq. ft. home has just been remodeled after the previous lease ended in July.

Recent upgrades include brand-new appliances, a new hot water heater, new AC system, and fresh carpet throughout. The home also features tile flooring, abundant natural light, and an Arizona Room perfect for relaxing or entertaining.

Great location near MCC and the 101 for quick and easy access to shopping, dining, and commuting.

Details:

3 Bedrooms / 2 Bathrooms

1,966 sq. ft.

Tenant responsible for Electric, Gas, and Water

No HOA

Pets welcome with pet deposit

Move-in ready and ideal for tenants seeking a spacious, clean, and comfortable home with modern updates.

Lease Terms

Rental Term: 12-month lease, owner-managed. Renewal options may be discussed at lease end.

Occupancy: All individuals 18 and older must be on the lease. Maximum occupancy of 6 residents.

Pets: Pets allowed with owner approval. Limit of 2 pets, under 50 lbs. each. $25/month per pet. Certain dog breeds prohibited. Pet deposit required.

Utilities: Tenant responsible for all utilities (Electric, Gas, Water, etc.).

Subletting: Subletting requests must be reviewed and approved by the owner.

Smoking: No smoking permitted on the property.

Property Features: Private backyard with block wall.
2506 E Balboa Dr, Tempe, AZ 85282 is a 3 bedroom, 2 bathroom, 1,966 sqft single-family home in Evergreen. It last sold for $257,000 on Apr 23, 2018 (12,138% above the $2,100 asking price). More recently, it was listed as a rental in August 2025 with an asking price of $2,225 per month. That rental listing was removed on September 29, 2025. It is currently off market. The Trulia Estimate is $494,900, with a rent estimate of $2,467/month.

Home Details for 2506 E Balboa Dr

Interior Features

Heating & Cooling
Heating: Forced Air, Heat PumpAir ConditioningCooling System: Central Air, Window UnitHeating Fuel: Forced Air
Appliances & Utilities
DishwasherMicrowaveRefrigerator
Levels, Entrance, & Accessibility
Floors: Carpet, Tile

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 Year

Exterior Features

Parking & Garage
Parking: Attached Off Street, On Site

Comparable Sales for 2506 E Balboa Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.05
Single-Family Home
$510,000
01/23/26
3
2
1,560 sqft
0.07
Single-Family Home
$560,000
06/30/26
3
2
1,762 sqft
0.11
Single-Family Home
$463,000
04/29/26
3
2
1,560 sqft
0.10
Single-Family Home
$569,896
06/12/26
3
2
2,200 sqft
0.20
Single-Family Home
$175,613
09/15/25
4
2
1,808 sqft
0.08
Single-Family Home
$519,000
05/06/26
4
2
1,548 sqft
0.15
Single-Family Home
$625,000
08/14/26
3
2
1,546 sqft
0.16
Single-Family Home
$519,000
06/26/26
3
2
1,308 sqft
0.30
Single-Family Home
$475,000
06/18/26
3
2
1,903 sqft
0.34
Single-Family Home
$460,000
02/26/26
3
1.5
1,784 sqft

Nearby homes

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Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Evergreen

At least 8 Trulia users voted on each feature.
  • 100 % Say parking is easy

  • 100 % Say there are sidewalks

  • 100 % Say yards are well-kept

  • 83 % Say car is needed

  • 82 % Say it's dog friendly

  • 80 % Say it's quiet

  • 67 % Say people would walk alone at night

  • 64 % Say there's holiday spirit

  • 61 % Say neighbors are friendly

  • 58 % Say kids play outside

  • 50 % Say streets are well-lit

  • 50 % Say there's wildlife

  • 47 % Say it's walkable to restaurants

  • 36 % Say they plan to stay for at least 5 years

  • 20 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Dennis G.
    "I have lived here since 2000. The area is a middle age to elderly upper middle class demographic. We raised our children here. The schools are of upper quality. Nice to have a centralized community with freeway access , hospital , and community college within a couple of miles. A very quiet neighborhood in the evening. "
  • Thomas E. B.
    "Great neighborhood. low crime. Free shuttle bus route, half block away."

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Sep 29, 2025
Source: Zillow Rentals
ListingRemoved
$2,100
Sep 9, 2025
Source: Zillow Rentals
PriceChange
$2,100
Price decreased by 6%
Aug 23, 2025
Source: Zillow Rentals
Listed For Rent
$2,225
Apr 23, 2018
Source: ARMLS #5731090
Sold
$257,000
Mar 2, 2018
Source: Agent Provided
Listed For Sale
$299,500

Frequently asked questions about 2506 E Balboa Dr

  • What is 2506 E Balboa Dr estimated to be worth?
    Trulia's estimated value for 2506 E Balboa Dr in Tempe, AZ is $494,900.
  • What is the price history for 2506 E Balboa Dr?
    2506 E Balboa Dr in Tempe, AZ last sold for $257,000 in April 2018.
  • Is Tempe a buyer's or seller's market?
    Tempe is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Tempe?
    The median sale price in Tempe is $463K. That is down $1.67K from the prior month.
  • Does 2506 E Balboa Dr have air conditioning?
    Yes, 2506 E Balboa Dr in Tempe, AZ has air conditioning.
  • Does 2506 E Balboa Dr have parking?
    Yes, 2506 E Balboa Dr in Tempe, AZ has on-site parking.

Homes for rent near 2506 E Balboa 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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