Sold for $480,000

$480,000

1259 E TEMPE Drive, Tempe, AZ 85288

4beds

2baths

1,904sqft

Multi Family

Built in 1958

-- sqft lot

$472,300 Zestimate^®

$252/sqft

$1,949 Estimated rent

Home value

$472,300

$430,000 - $520,000

$1,949/mo

Zestimate^® history

Owner options

List your home for rent

$1,949/mo

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$1,949/mo

Rent Zestimate^®

Refinance and save

$2,779/mo

Est. payment

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$2,779/mo

Est. payment

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What's special

Ample lot space

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!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Electric

Cooling

Heat Pump

Appliances

Included: Other

Features

Flooring: Other

Interior area

Total structure area: 1,904
Total interior livable area: 1,904 sqft

Property

Parking

Total spaces: 5
Parking features: >1 Space Per Unit, On Street
Uncovered spaces: 5

Lot

Size: 7,906 Square Feet
Dimensions: 67 x 118

Details

Parcel number: 13213107
Zoning: R-2

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Painted, Block
Roof: Composition

Condition

Year built: 1958

Utilities & green energy

Electric: APS
Sewer: Public Sewer
Water: City Franchise

Community & HOA

Community

Features: No Pool
Subdivision: NORTH TEMPE 3

Location

Region: Tempe

Financial & listing details

Price per square foot: $252/sqft
Annual tax amount: $1,494
Date on market: 11/18/2025
Cumulative days on market: 6 days
Listing terms: Conventional,FHA,VA Loan
Ownership: Fee Simple
Electric utility on property: Yes

Price history

Date	Event	Price
5/15/2025	Sold	$480,000+21.5%$252/sqft
Source: ARMLS #6826010 Report a problem
3/4/2025	Pending sale	$395,000$207/sqft
Source: ARMLS #6826010 Report a problem
2/25/2025	Listed for sale	$395,000$207/sqft
Source: ARMLS #6826010 Report a problem