1424 S Stanley Place Tempe, AZ 85281
Listing Courtesy of: Arizona Regional MLS / Better Homes And Gardens Real Estate S.J. Fowler / James "Cass" Stephens

  1424 S Stanley Place Tempe, AZ 85281

Active (14 Days)

Description

Prime dirt location on the doorstep to ASU, the 5th largest university in the US. All 1 bedroom unit mix with $1299 rents & a 7/28/2025 lease exp.
Located in an opportunity zone with 1000's of new units in process. Stabilized 6+ CAP with room to raise rents. Student housing. Very low expenses w/ separate, tenant-paid electric/gas. Twin adjacent property is 1428 S Stanley (MLS 6855518). Available individually or as part of a package of 15 units (see MLS 6851166). Value-add. Long-term, local-owner that has self-managed. Seller financing may be available. Expenses are actual & estimated. Water meter shared with 1428 S Stanley.

MLS #:
6855520
Taxes
$1,539
Type
Multifamily
Year Built
1960
County
Maricopa County

Listed By

James "Cass" Stephens, Better Homes And Gardens Real Estate S.J. Fowler
Source
Arizona Regional MLS
Last checked Apr 24 2025 at 1:21 PM MST
Bathroom Details
Heating and Cooling
  • Window/Wall Unit(s)
  • Window/Wall Unit
Flooring
  • Carpet
  • Vinyl
Exterior Features
  • Painted
  • Block
  • Roof: Composition
Utility Information
  • Sewer: Public Sewer
Parking
  • 1 Space/Unit
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Disclaimer: Listing Data Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All Rights reserved
Information Deemed Reliable but not Guaranteed.
ARMLS Last Updated: 4/24/25 06:21.