Global Luxury Home Group
Global Luxury Home Group
Tram Chu, Global Luxury Home Group Phone: (602) 326-2751
Email: [email protected]
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listing
1 of 21
MultifamilyFor Sale
$800,000
1424 S Stanley Place
Tempe, AZ 85281
Listed by: Better Homes & Gardens Real Estate SJ Fowler, (602) 672-3526
MLS: Arizona Regional MLS
Est. Mortgage
$4,229/mo

Prime dirt location on the doorstep to ASU, the 5th largest university in the US. Sought after four unit complex. All 1 bedroom unit mix with $1299 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. Twin adjacent property is 1428 S Stanley (MLS 6855518). 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 may be available. Expenses are actual & estimated. Water meter shared with 1428 S Stanley.

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Information courtesy of Better Homes & Gardens Real Estate SJ Fowler is subject to verification and is not guaranteed.
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