- $3.5M Price
1424 S Stanley Place
This ''ASU OZ 15'' is located in an ''A'' location on the doorstep to ASU, the 5th largest U in the US. 6.5 CAP w/ current rents. R-4. Opportunity Zone. Lots: 32,500 sf (up to 40,000 sf). Value-add. Package includes: 1424, 1428, 1432, 1440 & 1446 S Stanley Pl. All 1 bed units are 506-525 sf , except 1432 (2450 sf 5 bed house). 9759 total sf. Assemblage price-$3,500,000. Or sold individually: 1424 & 1428 S Stanley: 4's. $800,000/4 or $1,600,000. $1299/unit rents. 1432 S Stanley: $700,000. Huge 2450 sf 5 bed house w/ pool. $700,000. $4,000 rent. Separately owned sf at 1436. Then 1440, 1442, 1444, 1446 A, B, C Stanley: 6 unit. $1,200,000. 5 of 6 rents $1398, other $1299. All leases exp 7/28/25. Tenant-paid electric, gas. W/S owner. Seller financing possible. Rent roll attached.
Essential Information
- MLS® #6851166
- Price$3,500,000
- Bathrooms0.00
- Acres0.00
- Year Built1960
- TypeMultiple Dwellings
- StatusActive
Community Information
- Address1424 S Stanley Place
- SubdivisionSTANLEY PLAT
- CityTempe
- CountyMaricopa
- StateAZ
- Zip Code85281
Amenities
- Parking Spaces15
- ParkingPaved, 1 Space/Unit
Amenities
Other, See Remarks, Barbecue, Pool
Interior
- CoolingWindow/Wall Unit, Electric
Appliances
Built-In Range, Free-Standing Range, Refrigerator
Heating
Other, See Remarks, Window/Wall Unit(s)
Exterior
- RoofOther, Composition
- ConstructionPainted, Block
School Information
District
Tempe Union High School District
Additional Information
- ZoningMulti
Listing Details
Office
Better Homes & Gardens Real Estate SJ Fowler
Better Homes & Gardens Real Estate SJ Fowler.
Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on May 14th, 2025 at 8:02am MST.