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Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
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1424 S Stanley Place, Tempe, AZ – $3,425,000

  • $3.4M Price
  • $3.4M 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. Now 100% vacant. Owner will deliver vacant or re-leased. 10% 2nd position carry or low LTV/market rate carry possible. 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-$3,425,000. Or sold individually: 1424 & 1428 S Stanley: 4's. $775,000/4 or $1,550,000. 1432 S Stanley: $700,000. Huge 2450 sf 5 bed house w/ pool. Separately owned sf at 1436. Then 1440, 1442, 1444, 1446 A, B, C Stanley: 6 unit. $1,175,000. Close to a 7 CAP historical income performance.

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Essential Information

  • MLS® #6851166
  • Price$3,425,000
  • 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

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Price Change History for 1424 S Stanley Place, Tempe, AZ (MLS® #6851166)

Date Details Change
Price Reduced from $3,500,000 to $3,425,000 $75,000 (2.14%)

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 September 5th, 2025 at 8:09am MST.