40 E Balboa Dr, Tempe, AZ 85282
Property image
Property image
OFF MARKET

$637,800

Trulia Estimate
as of Oct 7, 2026
  • 4 Beds
  • 2 Baths
  • 2,569 sqft (on 0.33 acres)

40 E Balboa Dr, Tempe, AZ 85282

MACH 8

Home Highlights

Single-Family Home
Built in 1960
0.33 acre lot
2,569 sqft
$248/sqft

Local Information

  • Map ViewExplore the area around 40 E Balboa Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Charming fireplaceRv gateFully equipped kitchenSpacious backyardArcadia roomSpacious quartz counter tops
This home has 4 bedrooms, 2 bathrooms. The fully equipped kitchen includes maple wood cabinets, spacious quartz counter tops and stainless steel appliances. The home features wood and tile floors, fireplace in the family room, new 2'' window blinds throughout the main part of the home and an arcadia room with AC for entertaining with lots of cabinet space. Spacious backyard with RV Gate. *Landscaping included with the rent. No HOA. Walk or bike to downtown Tempe/ASU campus, shops and restaurants.

Tempe has a 1.8% Rental Tax, NO PETS ALLOWED, Renter verify all info.
Qualifications; Earn 3X the rent, 1 year minimum employment, same job. No Evictions last 5 years. NO LANDLORD DEBT. Good Credit.
Rent $2400 plus 1.8% Rental Tax, Refundable Security Deposit $2400, Refundable Cleaning Deposit $300, Administration Fee $180, Application fee for 1-2 Adults $75.
Melissa A.
Lux Home Realty
Equal Housing Opportunity

Please read description for the breakdown of fees/deposits, no smoking allowed, no waterbeds, Landscaping is included in the rent, Utilities NOT included in rent,
Utilities needed for the property: water/sewer/trash, gas, electric
12 month lease term
40 E Balboa Dr, Tempe, AZ 85282 is a 4 bedroom, 2 bathroom, 2,569 sqft single-family home in MACH 8, built in 1960. It last sold for $379,000 on Oct 31, 2016 (15,692% above the $2,400 asking price). More recently, it was listed as a rental in October 2025 with an asking price of $2,400 per month. That rental listing was removed on January 7, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $637,800, with a rent estimate of $3,003/month.

Home Details for 40 E Balboa Dr

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood, Tile
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher

Property Information

Year Built
Year Built: 1960
Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Exterior Features

Parking & Garage
Parking: Off Street Parking, On Site

Lot Information

Lot Area: 0.33 acres

Comparable Sales for 40 E Balboa Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
30 W DEL RIO Circle, Tempe, AZ
0.16
Single-Family Home
$545,000
02/13/26
4
3
2,209 sqft
7 E BALBOA Drive, Tempe, AZ
0.09
Single-Family Home
$525,000
08/14/26
3
2
2,126 sqft
218 E CAIRO Drive, Tempe, AZ
0.13
Single-Family Home
$367,419
04/22/26
3
2
1,620 sqft
124 E CAIRO Drive, Tempe, AZ
0.07
Single-Family Home
$425,000
02/04/26
3
2
1,416 sqft
108 W ALAMEDA Drive, Tempe, AZ
0.25
Single-Family Home
$395,000
10/23/25
3
2
1,496 sqft
3 E ERIE Drive, Tempe, AZ
0.20
Single-Family Home
$528,500
04/08/26
4
2
1,724 sqft
17 E CAIRO Drive, Tempe, AZ
0.10
Single-Family Home
$522,000
03/11/26
3
2
1,676 sqft
223 E CONCORDA Drive, Tempe, AZ
0.27
Single-Family Home
$635,000
05/08/26
3
2
2,065 sqft
308 E BALBOA Drive, Tempe, AZ
0.20
Single-Family Home
$425,000
04/17/26
3
2
1,680 sqft
116 W Del Rio Dr, Tempe, AZ
0.23
Single-Family Home
$400,000
08/21/26
6
2
1,411 sqft

Nearby homes

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Around this home

Neighborhood Overview

MACH 8
See Local Highlights
Neighborhood stats provided by third party data sources.

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Jan 7, 2026
Source: ARMLS #6932753
ListingRemoved
$2,400
Oct 13, 2025
Source: ARMLS #6932753
Listed For Rent
$2,400
Jan 16, 2025
Source: ARMLS #6785897
ListingRemoved
$650,000
Nov 24, 2024
Source: Zillow Rentals
ListingRemoved
$2,400
Nov 19, 2024
Source: ARMLS #6785897
Listed For Sale
$650,000

Frequently asked questions about 40 E Balboa Dr

  • What is 40 E Balboa Dr estimated to be worth?
    Trulia's estimated value for 40 E Balboa Dr in Tempe, AZ is $637,800.
  • What is the price history for 40 E Balboa Dr?
    40 E Balboa Dr in Tempe, AZ last sold for $379,000 in October 2016.
  • 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 40 E Balboa Dr have air conditioning?
    Yes, 40 E Balboa Dr in Tempe, AZ has air conditioning.
  • Does 40 E Balboa Dr have laundry facilities?
    Yes, 40 E Balboa Dr in Tempe, AZ has in-unit laundry.

Homes for rent near 40 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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