$950,000

Estimated payment $5,344/month

Total Views 15,025
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Ceramic Tile Flooring
  • Two cooling system units
  • Fenced
  • Zoned Heating and Cooling System
  • Ceiling Fan

About This Home

Fully renovated 3-unit income property offered as part of a rare five-unit residential compound spanning two adjacent parcels. This parcel includes one single-family residence plus a duplex for a total of three units, consisting of two 2-bedroom/1-bath units and one 3-bedroom/2-bath unit.Extensive upgrades completed throughout, including new HVAC systems, new roofs, all new electrical panels, new windows, and fully renovated interiors, providing a turnkey, low-capex asset.
Property is adjacent to 1248 E Harry St, a separately parceled duplex. Together, both parcels function as a cohesive five-unit investment. Seller strongly prefers a concurrent sale of both parcels, though each is offered individually. There may be future development or density potential. Buyer to conduct due diligence.

Listing Agent

Brett Borinstein

Gentry Real Estate License #SA680696000 Listed on: 04/22/2026

Gentry Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,581

Year Built

  • Built in 1969

Lot Details

  • Fenced
  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Foam Roof
  • Block Exterior
  • Siding

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 15 Open Parking Spaces
  • 15 Parking Spaces

Schools

  • Cecil Shamley Elementary And Middle School
  • Tempe High School

Utilities

  • Two cooling system units
  • Zoned Heating and Cooling System

Listing and Financial Details

  • The owner pays for water, sewer
  • Tax Lot 202
  • Assessor Parcel Number 132-13-051-A

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are TBD
  • North Tempe 2 Subdivision

Building Details

  • Operating Expense $1,581
  • Gross Income $60,540
  • Net Operating Income $60,048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,581

Year Built

Built in 1969

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: McKellips & Scottsdale Rd
  • Property Type: Multiple Dwellings
  • Zoning: R-2
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1969
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Subdivision Name: NORTH TEMPE 2
  • Tax Parcel Letter: A
  • Const - Finish:Const - Finish: Painted, Siding
  • Cooling:Cooling: Central Air, 2 or More Units, Ceiling Fan(s)
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: SRP
  • Sale Includes:Sale Includes: Land & Building, Laundry Equipment
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Built-In Range, Refrigerator, Disposal, Microwave, Washer/Dryer

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block, Wood Frame, Painted, Siding
  • Roof: Composition, Foam
  • Exterior Amenities: Fenced

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 15.0
  • Total Parking Spaces: 15.0
  • Parking Features:Parking Features: >1 Space Per Unit

Utilities

  • Electric: SRP
  • Cooling: Central Air, 2 or More Units, Ceiling Fan(s)
  • Heating: Zoned, Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: SW Gas

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: Cecil Shamley School
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Cecil Shamley School

Lot Info

  • Lot Size: TBD
  • Additional Parcels: Yes
  • Parcel #: 132-13-051-A

Multi Family

  • Owner Pays: Water, Sewer, See Remarks
  • Tenant Pays: Water, Sewer, Electricity, Gas, Trash Collection, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 60540.0
  • Property Net Operating Income: 60048.0
  • Annual Operating Expense: 1581.0

Tax Info

  • Tax Annual Amount: 1581.0
  • Tax Book Number: 132.0
  • Tax Lot: 202

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,581 $13,188
2024 $1,460 $12,560
2023 $1,460 $35,430 $7,080 $28,350
2022 $1,400 $27,920 $5,580 $22,340
2021 $1,410 $22,510 $4,500 $18,010
2020 $1,367 $19,970 $3,990 $15,980
2019 $1,341 $20,010 $4,000 $16,010
2018 $1,308 $15,180 $3,030 $12,150
2017 $1,269 $14,100 $2,820 $11,280
2016 $1,260 $11,280 $2,250 $9,030
2015 $1,210 $10,600 $2,120 $8,480
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2026 04/22/26 For Sale $950,000 -38.7% --
04/20/2023 04/20/23 Sold $1,550,000 -3.1% $220 / Sq Ft View Prior Sale
04/17/2023 04/17/23 Price Changed $1,599,000 0.0% $227 / Sq Ft
04/11/2023 04/11/23 Price Changed $1,599,000 0.0% $227 / Sq Ft
04/11/2023 04/11/23 For Sale $1,599,000 0.0% $227 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
02/14/2023 02/14/23 Price Changed $1,599,000 -5.4% $227 / Sq Ft
01/29/2023 01/29/23 Price Changed $1,690,000 -6.1% $240 / Sq Ft
01/16/2023 01/16/23 For Sale $1,800,000 -- $255 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $700,000 Premier Title Agency
Warranty Deed $785,000 Premier Title Agency
Trustee Deed $918,000 First National Title
Warranty Deed $1,550,000 Wfg National Title Insurance C
Warranty Deed -- Chicago Title
Warranty Deed -- --
Warranty Deed $691,500 Landmark Ttl Assurance Agcy
Interfamily Deed Transfer -- --
Warranty Deed $85,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $802,500 New Conventional
Closed $770,000 New Conventional
Previous Owner $918,000 New Conventional
Previous Owner $780,000 Construction
Previous Owner $900,000 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7017730

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-13-051A

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