MLS# 7036269 – 1245 W 1st Street Unit 116, Tempe, AZ 85281

Price: $280,000
Beds: 2
Baths: 2 full, 1 half
Living Area SqFt: 1,072
Status: Active
Property Type: Townhouse
Lot Size Acres: 0
Lot Size SqFt: 54
Year Built: 1985
Neighborhood: Rio Salado Villas
Days on Website: 1

Courtesy of eXp Realty

Property Description

Just minutes from Arizona State University, this 2-story townhome condo offers the perfect combination of location and lifestyle. Newer flooring throughout gives the space a clean, updated feel, and the two-level layout provides great separation of space. Step outside to a private front patio or head upstairs to the private balcony off the bedrooms — outdoor space that truly sets this unit apart. Currently tenant-occupied with rental income in place, this property works equally well as an investment, a first home, or a future owner-occupant opportunity. Strong demand in this corridor means it holds its value year after year.

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Property Details and Features

  • Appliances & Equipment
  • “Stacked Washer/Dryer”
  • “Refrigerator”
  • “Dishwasher”
  • “Electric Range”
  • “Electric Oven”
  • Bathrooms
  • 1 half bathroom
  • 2 full bathrooms
  • 3 total bathrooms
  • Bedrooms
  • 2 total bedrooms
  • Building
  • Built in 1985
  • Living area: 1072
  • Construction materials: “Stucco”, “Wood Frame”, “Painted”
  • Cooling
  • “Central Air”
  • “Ceiling Fan(s)”
  • Exterior Features
  • “Balcony”
  • Fireplaces
  • “Wood Burning”
  • 1 total fireplace
  • Floors
  • “Laminate”
  • “Tile”
  • Heating
  • “Electric”
  • Home Owner’s Association
  • Association fee: $225
  • Association fee frequency: Monthly
  • Association fee includes: “Roof Repair”, “Sewer”, “Trash”, “Water”, “Roof Replacement”
  • Interior Features
  • “Upstairs”
  • “Vaulted Ceiling(s)”
  • “Pantry”
  • “2 Master Baths”
  • “Full Bth Master Bdrm”
  • Laundry
  • “Inside”
  • Listing
  • Listing ID: 7036269
  • Standard status: Active
  • 1 day on market
  • Location
  • Subdivision name: RIO SALADO VILLAS
  • Lot
  • 54 sqft
  • “None”
  • Parking
  • “Assigned”
  • Possession
  • “Close Of Escrow”
  • Property
  • Patio and porch features: “Patio”
  • Roof
  • “Foam”
  • Schools
  • Elementary school: Rover Elementary School
  • High school: Tempe High School
  • High school district: Tempe Union High School District
  • Sewer
  • “Public Sewer”
  • Taxes
  • Annual amount: $951
  • Lot: 116
  • Windows
  • “Skylight(s)”

Property Map

$280,000 – 1245 W 1st Street Unit 116, Tempe, AZ 85281

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This content last updated on June 3, 2026 10:17AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.