1424 S Stanley Place, Tempe, AZ 85281
Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
1424 S Stanley Place,Tempe, AZ 85281
$3,425,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:
Cass Stephens(602) 672 - 3526Better Homes and Gardens Real Estate S.J. Fowler
MLS#:6851166
Source:ARMLS
Price summary
- Price:$3,425,000
About this home
This ''ASU OZ 15'' is located in an ''A'' location on the doorstep to ASU, the 5th largest U in the US. Now 100% vacant. Owner will deliver vacant or re-leased. 10% 2nd position carry or low LTV/market rate carry possible. R-4. Opportunity Zone. Lots: 32,500 sf (up to 40,000 sf). Value-add. Package includes: 1424, 1428, 1432, 1440 & 1446 S Stanley Pl. All 1 bed units are 506-525 sf , except 1432 (2450 sf 5 bed house). 9759 total sf. Assemblage price-$3,425,000. Or sold individually: 1424 & 1428 S Stanley: 4's. $775,000/4 or $1,550,000. 1432 S Stanley: $700,000. Huge 2450 sf 5 bed house w/ pool. Separately owned sf at 1436. Then 1440, 1442, 1444, 1446 A, B, C Stanley: 6 unit. $1,175,000. Close to a 7 CAP historical income performance.
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Home facts
- Year built:1960
- Listing Id #:6851166
- Updated:July 29, 2025 at 02:50 PM
Heating and cooling
- Cooling:Electric, Wall/Window Unit
- Heating:Window Wall Heating Unit(s)
Structure and exterior
- Year built:1960
Utilities
- Water:City Franchise
Finances and disclosures
- Price:$3,425,000
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