Brian Young PLLC
DPR Realty LLC
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive, Scottsdale, AZ 85260
Fax:

MLS# 6960414 – 1231 N Oleander Street, Tempe, AZ 85288

$1,200,000 - Br/Ba - for Sale in North Tempe 2, Tempe
Price: $1,200,000
Units: 5
Property Type: Multiple Dwellings
Status: Pending
Year Built: 1958
Neighborhood: North Tempe 2
Days on Website: 158

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

Nearby Schools

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This content last updated on May 30, 2026 1:27PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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