AZ
Maricopa
Tempe
85281
1424 S STANLEY Place
1424 S STANLEY Place, Tempe, AZ 85281
Share Listing
Listing Type
Multi Family
Listing Status
active
36
$775,000

Home Details for 1424 S STANLEY Place

Price
$775,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1960
County
Maricopa
Garage
Days on site
153
Listing #
6855520
Listing Courtesy: Better Homes & Gardens Real Estate SJ Fowler - 480-649-3536
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. Located in an opportunity zone with 1000's of new units in process. Now Vacant. Owner willing to deliver vacant or re-leased. Twin adjacent property is 1428 S Stanley (MLS 6855518). Sold together as eight units or buy the full package of 15 units (see MLS 6851166). Value-add. Long-term, local-owner that has self-managed. A 10% 2nd position carry or low LTV/market interest rate possible. Close to a 7 CAP historical income performance. Water meter shared with 1428 S Stanley. 1424 & 1428 S Stanley need to be sold together.

Property Features
  • Cooling Information
    • Wall/Window Unit(s)
  • Water Features
    • Public
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Last Updated: 2025-07-28 13:01:07
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EXIT REALTY - REALTY PLACE
501 E. Plaza Circle Suite P, Litchfield Park, AZ 85340
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