1324 E Hall Street, Tempe, AZ 85281
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
1324 E Hall Street,Tempe, AZ 85281
$799,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: melissa steenson
Office: the brokeredge
MLS#:6919097
Source:ARMLS
Price summary
- Price:$799,000
About this home
INVESTOR ALERT! Seize this rare, high-cash-flow opportunity in University Heights, Tempe's premier student housing corridor adjacent to Arizona State University (ASU).
This is a strategic Legal Duplex designed for maximum rental yield, offering two distinct income streams: a 1,200 sq ft, 3-bedroom, 1-bath main house, and a brand-new, detached 850 sq ft ADU.
This property is not just a rental; it is a meticulously designed income machine with an above average cap rate near 8%. Ideal for a dedicated student housing portfolio, flexible long-term rentals, or a savvy owner-occupant seeking substantial passive income.
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Home facts
- Year built:1951
- Listing ID #:6919097
- Updated:December 17, 2025 at 02:27 AM
Heating and cooling
- Cooling:Ceiling Fan(s), Electric
- Heating:Ceiling, Central, Electric, Natural Gas
Structure and exterior
- Year built:1951
Schools
- High school:Tempe High School
Utilities
- Water:City Franchise
Finances and disclosures
- Price:$799,000
- Tax amount:$840
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