$759,000
$6K PRICE DROP

Estimated payment $4,361/month

Total Views 1,779
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Vinyl Flooring
  • Heating Available
  • Ceiling Fan

About This Home

Newly Remodeled Duplex in Prime Tempe Location!

This beautifully updated 2-bed, 1-bath per unit duplex is just minutes from ASU—perfect for investors or owner landlord! Featuring luxury vinyl flooring, brand-new appliances, and custom cabinets, it offers modern style and durability. With high rental demand and a prime location near shopping, dining, and freeways, this is a fantastic income opportunity. Don't miss out

Listing Agent

Austin Stocks

My Home Group Real Estate License #SA694365000

My Home Group Real Estate

Co-Listing Agent

Katy Pendgraft

My Home Group Real Estate License #SA689714000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,585

Year Built

  • Built in 1983

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Vinyl Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Tempe Elementary Online Community
  • Mcclintock High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 124
  • Assessor Parcel Number 124-28-036-B

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7910
  • Jo Ellen Homes Subdivision

Building Details

  • Operating Expense $1,585
  • Gross Income $60,000
  • Net Operating Income $55,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,585

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: Priest DR & 5th street
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2024
  • Directions: Located just east of Priest north side of 5th street
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: myhg02
  • Co List Office Phone: 480-685-2760
  • Subdivision Name: JO-ELLEN HOMES
  • Tax Parcel Letter: B
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Built-In Range, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Paved2: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Furnished: Yes

Schools

  • Elementary School: Tempe Elementary Online Community
  • High School: McClintock High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Tempe Elementary Online Community

Lot Info

  • Lot Size: 7910
  • Additional Parcels: No
  • Parcel #: 124-28-036-B

Multi Family

  • Owner Pays: Gas, Electricity, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 60000.0
  • Property Net Operating Income: 55800.0
  • Annual Operating Expense: 1585.0

Tax Info

  • Tax Annual Amount: 1585.0
  • Tax Book Number: 124.00
  • Tax Lot: 124

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,585 $14,149 -- --
2024 $1,566 $13,475 -- --
2023 $1,566 $35,570 $7,110 $28,460
2022 $1,502 $29,510 $5,900 $23,610
2021 $1,512 $27,470 $5,490 $21,980
2020 $1,466 $25,530 $5,100 $20,430
2019 $1,439 $19,160 $3,830 $15,330
2018 $1,403 $16,030 $3,200 $12,830
2017 $1,361 $14,550 $2,910 $11,640
2016 $1,352 $12,320 $2,460 $9,860
2015 $1,298 $12,010 $2,400 $9,610
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2025 03/20/25 Price Changed $759,000 -0.8% --
02/23/2025 02/23/25 For Sale $765,000 +225.5% --
05/16/2024 05/16/24 Sold $235,000 -27.7% $131 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $325,000 -- $181 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed $235,000 Pioneer Title Agency
Contract Of Sale -- None Listed On Document
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $548,600 New Conventional
Closed $350,000 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6829385

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-28-036B