Listing MLS# 6855520 Tempe AZ Real Estate

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Please contact Barbara Baker at 928.301.0669 for more information on this property! I specialize in Tempe AZ real estate, Stanley Plat - Tempe real estate for sale, Tempe, AZ homes for sale and Tempe real estate and Tempe homes.

$775,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft

$775,000 No Recent Price Change
1424 S Stanley Place
Tempe, AZ 85281
  • N/ABeds
  • 0.00Total Baths
  • N/ASqFt
  • 1960Year Built
  • 0.00Acres
  • 65 yearsEst Age
  • MLS# 6855520
  • Multifamily
  • Multiple Dwellings
  • Active

  • Approx Time on Market5 months, 24 days
  • AreaMaricopa
  • CountyMaricopa
  • Subdivision Stanley Plat

Overview

Prime dirt location on the doorstep to ASU, the 5th largest university in the US. Sought after four unit complex. All 1 bedroom unit mix. Located in an opportunity zone with 1000's of new units in process. Now Vacant. Owner willing to deliver vacant or re-leased. Twin adjacent property is 1428 S Stanley (MLS 6855518). Sold together as eight units or buy the full package of 15 units (see MLS 6851166). Value-add. Long-term, local-owner that has self-managed. A 10% 2nd position carry or low LTV/market interest rate possible. Close to a 7 CAP historical income performance. Water meter shared with 1428 S Stanley. 1424 & 1428 S Stanley need to be sold together.



Agriculture / Farm

Horse:  No

Association Fees / Info

Community Features:  No Pool

Hoa:  No

Bathroom Info

Building Info

Construction Materials:  Painted, Block

Roof:  Composition

Exterior Features

Pool Private:  No

Financial

Owner Pays:  Trash Collection,Water,Sewer,Landscaping

Gross Income:  70837.2

Insurance Expense:  1300

Maintenance Expense:  1100

Garage / Parking

Parking Features:  1 Space/Unit

Garage:  No

Attached Garage:  No

Interior Features

Flooring:  Carpet, Vinyl

Appliances:  Free-Standing Range, Refrigerator

Fireplace:  No

Lot Info

Lot Size:  7500 sf

Number of Buildings:  1

Other School Info

Property Info

Road Surface Type:  Asphalt

Zoning:  R-4

Property Attached:  No

Tax Info

Tax Legal Description:  LOT 16 STANLEY PLAT MCR 005617

Tax Amount Annual:  1539

Unit Info

Total Units:  4

Utilities / Hvac

Water Source:  City Franchise

Electric:  SRP, Individual Meter

Cooling:  Yes

Cool System:  Window/Wall Unit

Heating:  Window/Wall Unit(s)

Heating:  Yes

Sewer:  Public Sewer

Waterfront / Water

Water Front:  No

Directions

Cul-de-sac, enter from Apache.

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On barbarabakerrealty.com since Fri, Apr 11th 2025
No Property History recorded for this listing.
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