Price:
$1,200,000
Units:
5
Property Type:
Multiple Dwellings
Status:
Pending
Year Built:
1958
Neighborhood:
North Tempe 2
Days on Website:
156
Courtesy of Midland Real Estate Alliance
Property Description
Price Drop $95,000!! Turnkey 5-Unit Investment Near ASU & Old Town Scottsdale. Fully renovated in 2019 with near-zero vacancy in a high-demand rental market. Unit mix includes four 2BD/1BA units and one 1BD/1BA unit, each featuring updated interiors, vinyl flooring, modern cabinetry, granite countertops, dual-pane windows, new A/C systems, and upgraded security doors. Large private gated patios enhance tenant appeal. Low-maintenance asset offering stable cash flow and long-term appreciation potential.
Open House
Property Details and Features
-
Appliances & Equipment
- “Disposal”
- “Dishwasher”
- “Refrigerator”
- “Free-Standing Gas Oven”
- “Microwave”
-
Building
- Built in 1958
- Construction materials: “Wood Frame”, “Painted”, “Block”, “Brick”
- 5 total units
-
Cooling
- “Central Air”
- “Ceiling Fan(s)”
- “Electric”
- “2 or More Units”
-
Floors
- “Vinyl”
-
Heating
- “Electric”
-
Listing
- Listing ID: 6960414
- Standard status: Pending
- 154 days on market
-
Location
- Subdivision name: NORTH TEMPE 2
-
Parking
- “Paved”
- “Assigned”
- “1 Space/Unit”
- “On Street”
- 7 total parkings
-
Property
- Zoning: [R-2] Multi-Fam
-
Roof
- “Foam”
-
Schools
- Elementary school: Cecil Shamley School
- High school: McClintock High School
- High school district: Tempe Union High School District
-
Sewer
- “Public Sewer”
-
Taxes
- Annual amount: $1,363
- Lot: 185
-
Utilities
- “APS”
Property Map
$1,200,000 – 1231 N Oleander Street, Tempe, AZ 85288
Street View
Market Trends for 85288, Tempe, AZ
Nearby Schools
Brian Young PLLC
DPR Realty LLC
brian@07k.d98.myftpupload.com
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive,
Scottsdale,
AZ
85260
Fax:
Request More Information
Brian Young PLLC
DPR Realty LLC
brian@07k.d98.myftpupload.com
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive,
Scottsdale,
AZ
85260
Fax:
Schedule a Showing
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This content last updated on May 28, 2026 6:10AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.