Attention aspiring SHORT TERM RENTAL owners!! This is an amazing opportunity to turn a profit and own an investment property. Numbers for only ONE side of the duplex provide a $39K revenue. To help ease the new owners worries there are new roofs on both sides, new AC unit… Read More on one side, new water heater on one side, both units come with W/D, refrigerators and blinds. This Is a prime Tempe investment opportunity! This beautifully updated duplex is located in one of the Valley's strongest rental markets, just minutes from Arizona State University, Sky Harbor International Airport, Downtown Tempe, Tempe Town Lake, and major employment hubs. With easy access to Loop 202, SR-143, and I-10, this is an ideal location for attracting long and short-term tenants. Each unit offers a modern, open-concept layout with designer finishes, granite countertops, stainless steel appliances, wood-look tile flooring, spacious bedrooms, private patios, and low-maintenance outdoor space. All features that help attract and retain quality tenants. The property has demonstrated strong rental demand and offers an excellent opportunity for investors seeking immediate income with long-term appreciation potential. Whether you're looking to expand your portfolio, complete a 1031 exchange, or live in one unit while generating rental income from the other, this property checks all the boxes. Opportunities to own a well-maintained duplex in this highly sought-after Tempe location are few and far between. Don't miss your chance to own an income-producing asset in one of Arizona's most consistently desirable rental markets. Read Less
Courtesy of Realty ONE Group 480-321-8100
Listing Snapshot
Days Online
3
Last Updated
Property Type
Multiple Dwellings
Year Built
1985
MLS Number
7057410
30 Days Snapshot Of 85281
$495k
+25%
(avg) sold price
22
-26%
homes sold
68
-26%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Disposal, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer
Building
Built in 1985, Construction materials: "Wood Frame", "Painted", "Stucco", 2 total units
Cooling
Central Air
Floors
Carpet, Ceramic Tile
Heating
Electric
Parking
Paved, Assigned, >1 Space Per Unit, 8 total parkings
Property
Zoning: R-3
Roof
Tile, Built-Up
Sewer
Public Sewer
Taxes
Annual amount: $1,729, Lot: 4
Utilities
APS
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Confirm your time
Fill in your details and we will contact you to confirm a time.
or message me directly
Find My Dream Home
Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.
Import This Listing
Import Completed
To view your listing, click one of the options below.