One week free rent if tenants move in by 09/25/2026. This 5 bedroom 2.5 bathroom home has wood-like ceramic floors; the kitchen is updated with stainless steel appliances and painted cabinets. There are new ceiling fans and light fixtures. This home is located in Tempe near ASU and has easy access to restaurants, entertainment, and major freeways including Loops I-10 and 202 and the US 60. All major appliances and landscaping are included in the lease.
Gililland, located between Mill Avenue and Rural Road, is a historic and residential Tempe neighborhood with tree-lined streets and early-20th-century bungalows. The neighborhood’s character concentrates around Mill Avenue & University Drive, where patios, indie storefronts, and late-night coffee counters set a steady street-level hum. Community pillars include Tempe Center for the Arts, ASU Gammage, and Changing Hands Bookstore. Brick cottages and modest ranch homes sit beside small apartment courts, giving blocks a lived-in, walkable feel. Tempe Town Lake and the ASU campus edge the area with paths, public art, and game-day energy. Light rail stops and bike lanes stitch daily errands to downtown.
Provided by Walk Score and Local Logic
Historical weather
Tempe, AZ • 85281
Average low and high temperatures (°F)
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Climate risks
5/10 Flood Factor
Estimated 19-29% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 111° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Sun exposure
In this area, properties receive around 13.5 hours in
June and 7.7 hours in December, placing it above the
U.S. average for solar exposure.
This property is priced $296 below the rental estimate which makes this a great deal!
Asking rent
$2,695
Rental estimate
$2,991
Nearby comparable rentals
The Rental Estimate uses 0 recent nearby rental.
Sale and tax history for 1041 W Elna Rae St
Sale History
Tax History
Date
Event
Price
ARMLS #2258527
Jun 29, 2005
Sold
$215,000
$139/sq ft
May 28, 2005
Listing Removed
—
Jan 28, 2005
Listed
$225,000
$146/sq ft
Price reduced for quick sale..1031 exchange..Great property close to ASU, perfect rental opportunity with great upside as current lease ends in April. (college student rents go from $300-$450 X 5 bedrooms..do the math!! This extra large 5 bedroom 2.5 bath is perfect for a family or college student renters.
ARMLS #2105009
Aug 11, 2004
Sold
$169,000
$110/sq ft
Jul 12, 2004
Listing Removed
—
Feb 20, 2004
Listed
$169,000
$110/sq ft
INVESTOR SPECIAL. 1031 EXCHANGE WITH NO COST TO BUYER. NO SPDS THANK YOU. CURRENT TENANT ON ONE YEAR LEASE AT A RATE OF $1,040/MO.
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Listing agent: Euphemia Weekes (6027904202)
Indicates a property listed by a real estate brokerage other than the web site owner. Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Last Updated: 2026-10-07T12:39:41.843Z
We estimate that 1041 W Elna Rae St would rent between $2,991 / mo.1041 W Elna Rae St is located in Tempe, the 85281 zipcode, and the Tempe School District.