1440 S Stanley Place Tempe, AZ 85281
Listing Courtesy of: Arizona Regional MLS / Better Homes And Gardens Real Estate S.J. Fowler / James "Cass" Stephens

  1440 S Stanley Place Tempe, AZ 85281

Active (115 Days)

Description

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.

MLS #:
6855620
Taxes
$2,278
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 Aug 5 2025 at 3:11 AM MST
Bathroom Details
Heating and Cooling
  • Natural Gas
  • Floor Furnace
  • Wall Furnace
  • Window/Wall Unit
Flooring
  • Other
  • Concrete
Exterior Features
  • Painted
  • Block
  • Roof: Composition
Utility Information
  • Sewer: Sewer-In & Connected, Public Sewer
Parking
  • Free
  • >1 Space Per Unit
Location
   
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Estimated Monthly Mortgage Payment

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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: 8/4/25 20:11.