1440 S Stanley Place, Tempe, AZ 85281
Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
1440 S Stanley Place,Tempe, AZ 85281
$1,175,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:
- Cass Stephens(602) 672 - 3526Better Homes and Gardens Real Estate S.J. Fowler
MLS#:6855620
Source:ARMLS
Price summary
- Price:$1,175,000
About this home
Prime dirt location on the doorstep to ASU, the 5th largest university in the US. This six unit complex has a lot to offer. All 1 bedroom unit mix Now 100% vacant. Owner will deliver vacant or re-leased. 10% 2nd position carry or low LTV/market rate carry possible. Located in an opportunity zone with 1000's of new units in process. Very low expenses w/ separate, tenant-paid electric/gas. Available individually or as part of a package of 15 units (see MLS 6851166). Value-add. Long-term, local-owner that has self-managed. Close to a 7 CAP historical income performance.
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Home facts
- Year built:1960
- Listing ID #:6855620
- Updated:October 08, 2025 at 03:15 PM
Heating and cooling
- Cooling:Wall/Window Unit
- Heating:Floor Furnace, Natural Gas, Wall Furnace
Structure and exterior
- Year built:1960
Utilities
- Water:City Franchise, Master Meter
- Sewer:Sewer in & Connected
Finances and disclosures
- Price:$1,175,000
- Tax amount:$2,278 (2024)
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