For sale

$310,000

1245 W 1ST Street #116, Tempe, AZ 85281

2beds

1,072sqft

$2,092/mo

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Townhouse

Built in 1985

54 Square Feet Lot

$-- Zestimate^®

$289/sqft

$225/mo HOA

What's special

Real wood-burning fireplaceFreshly painted throughoutUpdated fixturesDual master suitesNew ceiling fans throughoutPrivate front patioNewer flooring

Just minutes from Arizona State University, this 2-story condo offers the perfect combination of location and lifestyle. Freshly painted throughout with newer flooring for a clean, updated feel. Featuring dual master suites, this two-level layout offers great separation of space. Bathrooms feature resurfaced showers, new toilets, and updated fixtures, plus new ceiling fans throughout. A real wood-burning fireplace is a rare and sought-after feature. Step outside to a private front patio, or head upstairs to a private balcony off the bedrooms. This property works equally well as an investment, a first home, or an owner-occupant opportunity.

55 days
131
11

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Electric

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Washer/Dryer Stacked, Dryer, Washer, Refrigerator, Dishwasher, Electric Range, Electric Oven
Laundry: Inside

Features

Upstairs, Vaulted Ceiling(s), Pantry, 2 Master Baths, Full Bth Master Bdrm
Flooring: Vinyl, Tile
Windows: Skylight(s)
Has basement: No
Number of fireplaces: 1
Fireplace features: Wood Burning

Interior area

Total structure area: 1,072
Total interior livable area: 1,072 sqft

Property

Parking

Total spaces: 1
Parking features: Assigned
Carport spaces: 1

Features

Stories: 1
Patio & porch: Patio
Exterior features: Balcony
Spa features: None
Fencing: None

Lot

Size: 54 Square Feet
Features: None

Details

Parcel number: 12428069
Special conditions: FIRPTA may apply

Construction

Type & style

Home type: Townhouse
Property subtype: Townhouse
Attached to another structure: Yes

Materials

Stucco, Wood Frame, Painted
Roof: Foam

Condition

Year built: 1985

Utilities & green energy

Sewer: Public Sewer
Water: City Water

Community & HOA

Community

Features: Pool
Subdivision: RIO SALADO VILLAS

HOA

Has HOA: Yes
Services included: Roof Repair, Sewer, Trash, Water, Roof Replacement
HOA fee: $225 monthly
HOA name: RIO SALADO VILLAS
HOA phone: 480-921-3332

Location

Region: Tempe

Financial & listing details

Price per square foot: $289/sqft
Annual tax amount: $951
Date on market: 7/9/2026
Cumulative days on market: 55 days
Listing terms: Cash,Conventional,FHA,VA Loan
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/20/2026	Listed for sale	$310,000+10.7%$289/sqft
Source: ARMLS #7069167 Report a problem
7/14/2026	Listing removed	$280,000$261/sqft
Source: eXp Realty #7036269 Report a problem
6/2/2026	Listed for sale	$280,000+97.2%$261/sqft
Source: ARMLS #7036269 Report a problem
10/24/2023	Listing removed	--
Source: Zillow Rentals Report a problem
9/28/2023	Listed for rent	$1,495$1/sqft
Source: Zillow Rentals Report a problem
4/14/2017	Sold	$142,000-8.4%$132/sqft
Source: ARMLS #5573454 Report a problem
5/31/2008	Sold	$155,000$145/sqft
Source: ARMLS #2965447 Report a problem