405 S Priest Dr Tempe, AZ 85281
Sunset NeighborhoodEstimated payment $4,899/month
Highlights
- Cooling Available
- Vinyl Flooring
- Heating Available
About This Home
405 South Priest Drive (North) is a well maintained fourplex built in 1961 and recently renovated, near Arizona State University and major transportation routes, including Loop 202, SR-143, and I-10, as well as proximity to Phoenix Sky Harbor International Airport. The property consists of 100% 1-bedroom / 1-bathroom units, each offering 665 square feet of living space. In 2024, the property underwent extensive renovations, enhancing its appeal and functionality. Upgrades include new flooring, countertops, cabinetry, stainless-steel appliances, updated bathrooms, modern light fixtures, new doors, and fresh paint. The property is individually metered for electricity and features a shared laundry room, as well as separate storage areas for each unit. New roof by Close of Escrow.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,929
Year Built
- Built in 1961
Home Design
- Composition Roof
- Block Exterior
Flooring
- Vinyl Flooring
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number 124-28-031-C
Community Details
Overview
- 4 Units
- Building Dimensions are 6580 sqft
- Jo Ellen Homes Subdivision
Building Details
- Operating Expense $16,732
- Gross Income $68,567
- Net Operating Income $51,835
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2025 04/18/25 | For Sale | $849,000 | -0.1% | -- |
| 04/18/2025 04/18/25 | For Sale | $849,900 | 0.0% | -- |
| 03/25/2025 03/25/25 | Off Market | $849,900 | -- | -- |
| 03/25/2025 03/25/25 | Off Market | $849,000 | -- | -- |
| 02/20/2025 02/20/25 | For Sale | $849,900 | +0.1% | -- |
| 02/12/2025 02/12/25 | Pending | -- | -- | -- |
| 01/24/2025 01/24/25 | Price Changed | $849,000 | -0.1% | -- |
| 01/21/2025 01/21/25 | Off Market | $849,900 | -- | -- |
| 01/02/2025 01/02/25 | Price Changed | $849,900 | 0.0% | -- |
| 01/02/2025 01/02/25 | For Sale | $849,900 | 0.0% | -- |
| 01/02/2025 01/02/25 | Price Changed | $849,900 | 0.0% | -- |
| 01/02/2025 01/02/25 | For Sale | $849,900 | -2.8% | -- |
| 12/23/2024 12/23/24 | Off Market | $874,000 | -- | -- |
| 12/23/2024 12/23/24 | Off Market | $874,000 | -- | -- |
| 12/11/2024 12/11/24 | Price Changed | $874,000 | 0.0% | -- |
| 12/11/2024 12/11/24 | Price Changed | $874,000 | -0.1% | -- |
| 12/02/2024 12/02/24 | Price Changed | $874,900 | 0.0% | -- |
| 12/02/2024 12/02/24 | Price Changed | $874,900 | 0.0% | -- |
| 11/12/2024 11/12/24 | Price Changed | $875,000 | 0.0% | -- |
| 11/12/2024 11/12/24 | Price Changed | $875,000 | -2.2% | -- |
| 11/01/2024 11/01/24 | Price Changed | $894,800 | 0.0% | -- |
| 11/01/2024 11/01/24 | Price Changed | $894,800 | 0.0% | -- |
| 10/17/2024 10/17/24 | Price Changed | $894,900 | 0.0% | -- |
| 10/17/2024 10/17/24 | Price Changed | $894,900 | 0.0% | -- |
| 10/02/2024 10/02/24 | Price Changed | $895,000 | 0.0% | -- |
| 10/02/2024 10/02/24 | Price Changed | $895,000 | -3.2% | -- |
| 09/19/2024 09/19/24 | Price Changed | $924,900 | 0.0% | -- |
| 09/19/2024 09/19/24 | Price Changed | $924,900 | 0.0% | -- |
| 09/10/2024 09/10/24 | Price Changed | $925,000 | 0.0% | -- |
| 09/10/2024 09/10/24 | Price Changed | $925,000 | 0.0% | -- |
| 09/03/2024 09/03/24 | Price Changed | $924,900 | 0.0% | -- |
| 09/03/2024 09/03/24 | Price Changed | $924,900 | +0.5% | -- |
| 09/03/2024 09/03/24 | Price Changed | $920,000 | 0.0% | -- |
| 09/03/2024 09/03/24 | Price Changed | $920,000 | -0.5% | -- |
| 08/06/2024 08/06/24 | For Sale | $925,000 | 0.0% | -- |
| 08/06/2024 08/06/24 | For Sale | $925,000 | -48.9% | -- |
| 03/25/2024 03/25/24 | Sold | $1,810,000 | -9.3% | $681 / Sq Ft |
| 03/20/2024 03/20/24 | Price Changed | $1,995,000 | 0.0% | $751 / Sq Ft |
| 03/20/2024 03/20/24 | For Sale | $1,995,000 | 0.0% | $751 / Sq Ft |
| 01/18/2024 01/18/24 | Price Changed | $1,995,000 | -9.1% | $751 / Sq Ft |
| 01/03/2024 01/03/24 | Price Changed | $2,195,000 | -8.2% | $826 / Sq Ft |
| 11/07/2023 11/07/23 | For Sale | $2,390,000 | -- | $900 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6740368
APN: 124-28-031B
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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