$630,000

1519 W 7th Place Tempe, AZ 85281

West Tempe Neighborhood

Estimated payment $3,594/month

Total Views 3,021
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System

About This Home

Great investment opportunity with this Tempe Triplex near ASU, located near Priest & University. This property has two large 2 bed/1 bath units, and one unit that is 3 bed/2 bath. Property is on a large lot. All units are individually metered for gas & electric, plus there is a shared laundry room. ** Do not disturb tenants**

Listing Agent

David Evans Jr

Realty ONE Group License #BR537006000 Listed on: 06/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,243

Year Built

  • Built in 1967

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Parking

  • 1 Open Parking Space
  • 1 Parking Space

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 323
  • Assessor Parcel Number 124-72-145-A

Community Details

Overview

  • 3 Units
  • Building Dimensions are Irr
  • Lindon Park 9 Subdivision

Building Details

  • Operating Expense $11,813
  • Gross Income $46,269
  • Net Operating Income $34,456

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,243

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Cross Street: Priest & University
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1967
  • Tax Year: 2024
  • Directions: Property is located near the NE corner of Priest & University.
  • Road Surface Type: Concrete
  • Professional Management Expense: 1800.0
  • Subdivision Name: LINDON PARK 9
  • Tax Parcel Letter: A
  • Construction Brick: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Concrete
  • Appliances: Free-Standing Range, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block, Brick
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 1.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 1.0

Utilities

  • Electric: SRP
  • Cooling: Heat Pump
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1950.0

Schools

  • Junior High Dist: Tempe Union High School District

Lot Info

  • Lot Size: Irr
  • Additional Parcels: No
  • Parcel #: 124-72-145-A

Multi Family

  • Owner Pays: Trash Collection, Sewer, Landscaping
  • Number Of Units Total: 3
  • Annual Gross Income: 46269.0
  • Insurance Expense: 1500.0
  • Maintenance Expense: 3600.0
  • Property Net Operating Income: 34456.0
  • Annual Operating Expense: 11813.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 2243.0
  • Tax Book Number: 124.00
  • Tax Lot: 323

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

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 $2,243 $20,028 -- --
2024 $2,216 $19,075 -- --
2023 $2,216 $62,300 $12,460 $49,840
2022 $2,126 $49,910 $9,980 $39,930
2021 $2,141 $42,820 $8,560 $34,260
2020 $2,076 $38,670 $7,730 $30,940
2019 $2,036 $32,170 $6,430 $25,740
2018 $1,986 $26,520 $5,300 $21,220
2017 $1,927 $22,300 $4,460 $17,840
2016 $1,913 $20,860 $4,170 $16,690
2015 $1,838 $20,530 $4,100 $16,430
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $630,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $202,500 Capital Title Agency Inc
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6884240

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-72-145A

Arizona Maricopa County Tempe 85281 West Tempe

1519 W 7th Place, Tempe, AZ

This home is located at 1519 W 7th Place, Tempe, AZ 85281 and is currently priced at $630,000. This property was built in 1967. 1519 W 7th Place is a home located in Maricopa County with nearby schools including Scales Technology Academy, Geneva Epps Mosley Middle School, and Tempe High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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Listing Agent
David Evans Jr
Section Image
Realty ONE Group
(623) 343-0074