1231 N OLEANDER Street, Tempe, AZ, 85281
9beds
5baths
3,290sqft
$1,200,000
$365price/sqft
$9,242/moest. monthly cost
$369,680/yrincome needed
About This Home
Price Drop $95,000!! Turnkey 5-Unit Investment Near ASU & Old Town Scottsdale. Fully renovated in 2019 with near-zero vacancy in a high-demand rental market. Unit mix includes four 2BD/1BA units and one 1BD/1BA unit, each featuring updated interiors, vinyl flooring, modern cabinetry, granite countertops, dual-pane windows, new A/C systems, and upgraded security doors. Large private gated patios enhance tenant appeal. Low-maintenance asset offering stable cash flow and long-term appreciation potential.
Getting Around
52
Somewhat Walkable40
Some Transit78
Very BikeableSchools
4/10
8/10
Construction
Condition
- Year built: 1958
Materials
- Roof: Foam
- Construction materials: Wood Frame,Painted,Block,Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Disposal,Dishwasher,Refrigerator,Free-Standing Gas Oven,Microwave
Bedrooms & Bathrooms
- Bedrooms: 9
- Bathrooms: 5
Features
- Flooring: Vinyl
Heating & Cooling
- Heating features: Electric
- Cooling features: Central Air,Ceiling Fan(s),Electric,2 or More Units
Interior Area
- Total structure area: 3,290
- Total interior livable area: 3,290 sqft
Property
Details
- Parcel number: 13213035
- Zoning: [R-2] Multi-Fam
Lot
- Lot size: 7,070 sqft
- Lot size dimensions: 7,070 SF
Parking
- Total spaces: 7
- Parking features: Paved,Assigned,1 Space/Unit,On Street
- Covered spaces: 5
- Has uncovered spaces: Yes
- Uncovered spaces: 2