Tempe, AZ 85281,1440 S STANLEY Place
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Tempe, AZ 85281,1440 S STANLEY Place
Tempe, AZ 85281,1440 S STANLEY Place
Tempe, AZ 85281,1440 S STANLEY Place
Tempe, AZ 85281,1440 S STANLEY Place
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1440 S STANLEY Place Tempe, AZ 85281


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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Stanley Plat

MLS Listing ID 6855620

Maintenance Fees $1,900

Year Built 1960

Annual Tax Amount $2,278

Tax Year 2024

Lot Dimensions 10000 sf

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Prime dirt location on the doorstep to ASU, the 5th largest university in the US. This six unit complex has a lot to offer. All 1 bedroom unit mix with $1398 rents & a 7/28/2025 lease exp.
Located in an opportunity zone with 1000's of new units in process. Stabilized 6+ CAP with room to raise rents. Student housing. Very low expenses w/ separate, tenant-paid electric/gas. Available individually or as part of a package of 15 units (see MLS 6851166). Value-add. Long-term, local-owner that has self-managed. Seller financing possible.
Expenses are actual & estimated.

Location

State AZ

County Maricopa

Community Stanley Plat

Zoning R4

Direction Cul-de-sac, enter from Apache.

Interior

Heating Natural Gas, Floor Furnace, Wall Furnace

Cooling Window/Wall Unit

Flooring Other, Concrete

Appliance Free-Standing Range, Refrigerator

Exterior

Parking Features Free, >1 Space Per Unit

Community Features Other, See Remarks

Roof Type Composition

Total Parking Spaces 8

Building

Sewer Sewer-In & Connected, Public Sewer

Water Master Meter, City Franchise

New Construction No

Schools

School District Tempe Union High School District

Others

Senior Community No

Tax ID 133-09-072

Acceptable Financing Conventional, Owner May Carry

Listing Terms Conventional, Owner May Carry


Arizona Regional MLS (ARMLS)
Listed by Better Homes & Gardens Real Estate SJ Fowler
agent

Samantha Wood

Advisor | License ID: SA706252000

+1(907) 209-8791

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1440 S STANLEY Place