AZ > Tempe > Stanley Plat
Tempe, AZ 85281,1424 S STANLEY Place
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Tempe, AZ 85281,1424 S STANLEY Place
Tempe, AZ 85281,1424 S STANLEY Place
Tempe, AZ 85281,1424 S STANLEY Place
Tempe, AZ 85281,1424 S STANLEY Place
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Angela Scott

Angela Scott

Engel & Völkers

+1(480) 299-3417
$ 800,000
Est. payment /mo
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1424 S STANLEY Place Tempe, AZ 85281

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Stanley Plat

MLS Listing ID 6855520

Maintenance Fees $1,100

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1960

Annual Tax Amount $1,539

Tax Year 2024

Lot Dimensions 7500 sf

Property Description

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.

Location

State AZ

County Maricopa

Community Stanley Plat

Zoning R-4

Direction Cul-de-sac, enter from Apache.

Interior

Heating Window/Wall Unit(s)

Cooling Window/Wall Unit

Flooring Carpet, Vinyl

Appliance Free-Standing Range, Refrigerator

Exterior

Parking Features 1 Space/Unit

Community Features No Pool

Roof Type Composition

Total Parking Spaces 4

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Tempe Union High School District

Others

Senior Community No

Tax ID 133-09-066

Acceptable Financing Conventional, 1031 Exchange, Owner May Carry

Listing Terms Conventional, 1031 Exchange, Owner May Carry

Arizona Regional MLS (ARMLS)

Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Better Homes & Gardens Real Estate SJ Fowler
agent

Angela Scott

Advisor | License ID: SA570172000

+1(480) 299-3417

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1424 S STANLEY Place