1259 E TEMPE Drive, Tempe, AZ 85288

$480,000

Property Type: Multiple Dwellings Status: Closed

Current Price: $480,000 Last Modified: 5/16/2025

Description

Great investment opportunity in Tempe! This duplex, built in 1958, sits on a 7,880 sqft lot and features two spacious 952 sqft units, each with 2 bedrooms and 1 bathroom. Perfect for investors or owner-occupants looking for rental income. The property offers ample lot space and is conveniently located near shopping, dining, and freeway access. Don't miss this chance to own a versatile income-producing property in a prime location!

More Information MLS# 6826010

Contract Info

Current Price: $480,000 Sold Price: $480,000 Status: Closed List Date: 2025-02-25 Ownership: Fee Simple

Location Tax Legal

House Number: 1259 Compass: E Street Name: TEMPE St Suffix: Drive City/Town Code: Tempe State/Province: AZ Zip Code: 85288 Zip4: 1850 Country: US County Code: Maricopa Subdivision: NORTH TEMPE 3 Assessor Number: 132-13-107 Tax Year: 2024

General Property Description

Lot Size Dimensions: 67 x 118 Year Built: 1958 Uncvrd Parking Spcs: 5 Total # of Units: 2 # of Buildings: 1 Zoning: R-2 High School District: Tempe Union High School District

Remarks Misc

Cross Street: E Curry Rd & N Miller Rd Directions: From Hwy 202, go North on N Scottsdale Rd, right on E Curry Rd, left on N Miller Rd, left onE Tempe Dr Geo Lat: 33.442051 Geo Lon: -111.918259

Status Change Info

Status Change Date: 2025-05-16 Off Market Date: 2025-03-03 Under Contract Date: 2025-03-03 Close of Escrow Date: 2025-05-15 Sold Price: $480,000

Legal Info

Township: 1N Range: 4E Section: 11 Lot Number: 258

Showing Notification Methods

Showing Service: Aligned Showings

2 Bedroom Units

# 2 Bedroom Units: 2 Avg Rent: 1614 Avg SqFt: 952 # Baths: 1

Sold Info

Loan Type: FHA Payment Type: Other Closing Cost Split: Normal - N Buyer Concession $/%: $ Seller Concession $/%: $

Property Features

Project Type: Duplex Construction: Block Const - Finish: Painted Roofing: Composition Floors: Other Sale Includes: Land & Building Community Features: No Pool Appliances Included: Other Cooling: Heat Pump Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: None Parking Features: On Street; >1 Space Per Unit Owner Pays: See Remarks Tenant Pays: Other (See Remarks) Source of Fincl Data: Unknown Lockbox Type: Combo New Financing: Cash; VA; FHA; Conventional Environmental: None

Listing Office: Real Broker

Last Updated: May - 16 - 2025

1259 E TEMPE Drive, Tempe, AZ 85288 (MLS# 6826010)