$700,000
Tempe, AZ 85281
MLS# 6855619
4 beds | 2 baths
1 / 19
Property Description
Strong cash flow with this AZ OZ single-family on the doorstep to ASU, the 5th largest university in the US. $4000/month rent. Tenants pay all utilities, including water/sewer. Lease expiration 7/28/2025. Huge 2450 sf 5 bed/2 bath single-level house with newer pool in the backyard. Now vacant. Close to a 7 CAP with low owner expenses historically. Available individually or as part of a package of 15 units (MLS 6851166). Seller financing is available, but only with a large buyer down in the deal. Value-add opportunity offered for well-under $300/sf.
Details
Maps
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
List Price: $700,000
Status: Active
Current Price: $700,000
List Date: 2025-04-11
Location, Tax & Legal
Assessor's Map #: 9
Legal Description (Abbrev): LOT 18 STANLEY PLAT MCR 005617
Assessor's Parcel #: 68
Tax Municipality: Tempe
Taxes: 1370
House Number: 1432
Compass: S
Street Name: STANLEY
St Suffix: Place
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 5888
County Code: Maricopa
Assessor Number: 133-09-068
Subdivision: STANLEY PLAT
Tax Year: 2024
General Property Description
Dwelling Styles: Detached
# of Interior Levels: 1
Approx SQFT: 2450
Price/SqFt: 285.71
Approx Lot SqFt: 7500
Approx Lot Acres: 0.172
Flood Zone: No
Horses: N
Builder Name: Unknown
Lead Based Hazard Disclosure: No
Elementary School District: Tempe School District
High School District: Tempe Union High School District
Elementary School: Tempe Elementary Online Community
Jr. High School: Tempe Elementary Online Community
High School: McClintock High School
Community Pool Y/N: No
Private Pool Y/N: Yes
Marketing Name: ASU OZ SF-Part of Package
Dwelling Type: Single Family Residence
Exterior Stories: 1
# Bedrooms: 4
# Bathrooms: 2
Year Built: 1960
Legal Info
Range: 4E
Section: 23
Township: 1N
Lot Number: 18
Special Listing Cond
N/A: 1
Construction
Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Pmt & Rate Info
Down Payment: 0
Total Asum Mnth Pmts: 0
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
Land Lease Fee Y/N: N
Ttl Mthly Fee Equiv: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Lockbox Type
None: 1
Architecture
Ranch: 1
Master Bathroom
3/4 Bath Master Bdrm: 1
Add'l Property Use
See Remarks: 1
Fireplace Features
1 Fireplace: 1
Fireplace Family Rm: 1
Flooring
Tile: 1
Private Pool Features
Fenced: 1
Community Features
Near Bus Stop: 1
Near Light Rail Stop: 1
Dining Area
Formal: 1
Eat-in Kitchen: 1
Breakfast Room: 1
Heating
Natural Gas: 1
Kitchen Features
Range/Oven Gas: 1
Cooling
Central Air: 1
Window/Wall Unit: 1
Laundry
Wshr/Dry HookUp Only: 1
Inside: 1
Basement
Basement Y/N: N
Other Rooms
Family Room: 1
Great Room: 1
Bonus/Game Room: 1
Separate Den/Office
Sep Den/Office Y/N: N
Features
See Remarks: 1
Road Responsibility
City Maintained Road: 1
Technology
Cable TV Avail: 1
Fencing
Block: 1
Partial: 1
Water Source
City Water: 1
Exterior Features
Storage: 1
Other: 1
Spa
None: 1
Sewer
Sewer - Public: 1
Sewer in & Cnctd: 1
Parking Spaces
Slab Parking Spaces: 2
Total Covered Spaces: 0
Parking Features
Unassigned: 1
New Financing
Cash: 1
Conventional: 1
Owner May Carry: 1
1031 Exchange: 1
Utilities
SRP: 1
SW Gas: 1
Existing 1st Loan
Treat as Free&Clear: 1
Property Description
Cul-De-Sac Lot: 1
Landscaping
Gravel/Stone Front: 1
Gravel/Stone Back: 1
Services
City Services: 1
Items Updated
Pool Yr Updated: 2019
Pool Partial/Full: Full
Unit Style
All on One Level: 1
Disclosures
Agency Discl Req: 1
Possession
Subject To Tenant Rights: 1
Association Fee Incl
No Fees: 1
Assoc Rules/Info
None: 1
Remarks Misc
Cross Street: Apache Blvd & Rural Rd
Directions: Cul-de-sac, enter off Apache.
Geo Lat: 33.41156
Geo Lon: -111.919714
Property Features
Special Listing Cond: N/A
Add'l Property Use: See Remarks
Architecture: Ranch
Master Bathroom: 3/4 Bath Master Bdrm
Fireplace Features: 1 Fireplace; Fireplace Family Rm
Flooring: Tile
Private Pool Features: Fenced
Spa: None
Community Features: Near Bus Stop; Near Light Rail Stop
Dining Area: Formal; Eat-in Kitchen; Breakfast Room
Kitchen Features: Range/Oven Gas
Laundry: Wshr/Dry HookUp Only; Inside
Other Rooms: Family Room; Great Room; Bonus/Game Room
Features: See Remarks
Technology: Cable TV Avail
Exterior Features: Storage; Other
Parking Features: Unassigned
Road Responsibility: City Maintained Road
Construction: Block
Const - Finish: Painted
Roofing: Composition
Cooling: Central Air; Window/Wall Unit
Heating: Natural Gas
Utilities: SRP; SW Gas
Water Source: City Water
Sewer: Sewer - Public; Sewer in & Cnctd
Services: City Services
Fencing: Block; Partial
Property Description: Cul-De-Sac Lot
Landscaping: Gravel/Stone Front; Gravel/Stone Back
Lockbox Type: None
Possession: Subject To Tenant Rights
Unit Style: All on One Level
Association Fee Incl: No Fees
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional; Owner May Carry; 1031 Exchange
Disclosures: Agency Discl Req
Listing Office: Better Homes & Gardens Real Estate SJ Fowler
Last Updated: July - 28 - 2025
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