Prime dirt location on the doorstep to ASU, the 5th largest university in the US. This six unit complex has a lot to offer. All 1 bedroom unit mix with $1398 rents & a 7/28/2025 lease exp. Located in an opportunity zone with 1000's of new units in process. Stabilized… Read More 6+ CAP with room to raise rents. Student housing. Very low expenses w/ separate, tenant-paid electric/gas. 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 possible. Expenses are actual & estimated. Read Less
Courtesy of Better Homes & Gardens Real Estate SJ Fowler, James C Stephens, 480-649-3536
Listing Snapshot
Days Online
27
Last Updated
Property Type
Multiple Dwellings
Year Built
1960
MLS Number
6855620
30 Days Snapshot Of 85281
$444k
+18%
(avg) sold price
25
+13%
homes sold
78
-11%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Free-Standing Range", "Refrigerator"
Building
Built in 1960, Construction materials: "Painted", "Block", 6 total units
Cooling
"Window/Wall Unit"
Expenses
Electric: $300, Insurance: $1,800, Maintenance: $1,900, Water sewer: $4,200
Floors
"Concrete"
Heating
"Natural Gas", "Floor Furnace", "Wall Furnace"
Parking
"Free", ">1 Space Per Unit", 8 total parkings
Property
Zoning: R4
Roof
"Composition"
Sewer
"Sewer-In & Connected", "Public Sewer"
Taxes
Annual amount: $2,278, Lot: 22
Utilities
"SRP", "Individual Meter"
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