5203 S Monaco Dr, Tempe, AZ 85283
Property image
Property image
OFF MARKET

$281,900

Trulia Estimate
as of Sep 18, 2026
  • 2 Beds
  • 2 Baths
  • 1,179 sqft

5203 S Monaco Dr, Tempe, AZ 85283

Optimist Park NW

Home Highlights

Townhouse
1,179 sqft
$239/sqft

Local Information

  • Map ViewExplore the area around 5203 S Monaco Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Looking for your own space near ASU or Tempe job hubs? This stylish 2-bed, 2-bath townhouse (1,179 sf) delivers the best of comfort and convenience no stairs, no yard work, and no corporate landlord hassles. (Yep, it's owner-managed). The smart layout includes a sunken living room to unwind after class or work, a GE Cafe stainless fridge with water & ice dispenser, and an indoor laundry room with a washer and dryer. The laundry opens directly to your 2-car carport, so unloading groceries is super easy. There's even extra hallway storage, a cozy patio that's simple to maintain, and a small storage shed. Live just minutes from the 60 & 101 freeways, Tempe Marketplace, and light-rail access making commuting or weekend hangouts a breeze. We are having an OPEN HOUSE on Sat, 11/15 from 2-3pm. Please stop by to see the home in person.

Owner pays for HOA, which includes a community pool, visitor parking, and green areas. $400 non-refundable cleaning deposit. $400 non-refundable pet deposit, if applicable. $35 credit and background check for each tenant over 18 years of age.
5203 S Monaco Dr, Tempe, AZ 85283 is a 2 bedroom, 2 bathroom, 1,179 sqft townhouse in Optimist Park NW. It last sold for $1,500 on Jan 9, 2021 (17% below the $1,800 asking price). More recently, it was listed as a rental in December 2025 with an asking price of $1,850 per month. That rental listing was removed on February 26, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $281,900, with a rent estimate of $1,881/month.

Home Details for 5203 S Monaco Dr

Interior Features

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

Property Information

Property Type / Style
Property Type: Townhouse

Rental Terms, Policies & Fees

Lease Term: 1 Year

Exterior Features

Pool
Pool
Parking & Garage
Parking: Covered

Additional Information

Pool

Comparable Sales for 5203 S Monaco Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1924 E Duke Dr, Tempe, AZ
0.05
Townhouse
$220,000
12/23/25
3
2
1,368 sqft
1926 E DUKE Drive, Tempe, AZ
0.04
Townhouse
$230,000
03/31/26
3
2.5
1,750 sqft
1947 E Del Sur Drive, Tempe, AZ
0.26
Townhouse
$349,000
12/10/25
3
2
1,330 sqft
1952 E OXFORD Drive, Tempe, AZ
0.27
Townhouse
$339,000
01/06/26
3
2
1,330 sqft
2109 E DUNBAR Drive, Tempe, AZ
0.39
Townhouse
$350,000
07/06/26
2
2
1,371 sqft
1927 E DUKE Drive, Tempe, AZ
0.07
Townhouse
$358,000
07/20/26
3
2.5
1,750 sqft
1733 E ELLIS Drive, Tempe, AZ
0.40
Townhouse
$325,000
08/25/26
2
2
1,320 sqft
5258 S MONACO Drive, Tempe, AZ
0.08
Townhouse
$324,500
03/05/26
3
2.5
1,750 sqft
2128 E DUNBAR Drive, Tempe, AZ
0.46
Townhouse
$349,900
01/29/26
2
2
1,191 sqft
1949 E DEL SUR Drive, Tempe, AZ
0.26
Townhouse
$325,000
07/16/26
2
1
1,168 sqft

Nearby homes

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Rental Market Trends in Optimist Park NW

Last updated Sep 2026
Trulia Rent Estimate$1,881/mo
Average rent
$2.8K
$2.8KMoM
Available listings
3
View rental market trends in Tempe, AZ

Around this home

Neighborhood Overview

Optimist Park NW
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Optimist Park NW

  • Tandjchesney
    "for transportation needs, the orbit Saturn route cuts thru here and I find it very convenient. it goes where I need it to go . "
    1
    Flag
  • Phxpaul
    "I have lived in Optimist Park for 3 years now. It is probably the best area I have been in for a long time. I am 14 minutes to the airport, 18 to downtown PHX, 10 minutes to Scottsdale, or Chandler. Tempe is a wonderful city with plenty to offer"
    0
    Flag

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Price and Tax history

DateEventPrice
Feb 26, 2026
Source: Zillow Rentals
ListingRemoved
$1,800
Jan 7, 2026
Source: Zillow Rentals
PriceChange
$1,800
Price decreased by 3%
Dec 21, 2025
Source: Zillow Rentals
Listed For Rent
$1,850
Nov 18, 2025
Source: Zillow Rentals
ListingRemoved
$1,850
Nov 4, 2025
Source: Zillow Rentals
Listed For Rent
$1,850

Frequently asked questions about 5203 S Monaco Dr

  • What is 5203 S Monaco Dr estimated to be worth?
    Trulia's estimated value for 5203 S Monaco Dr in Tempe, AZ is $281,900.
  • What is the price history for 5203 S Monaco Dr?
    5203 S Monaco Dr in Tempe, AZ last sold for $1,500 in January 2021.
  • 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 5203 S Monaco Dr have air conditioning?
    Yes, 5203 S Monaco Dr in Tempe, AZ has air conditioning.
  • Does 5203 S Monaco Dr have a pool?
    Yes, 5203 S Monaco Dr in Tempe, AZ has a pool.

Homes for rent near 5203 S Monaco 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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