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Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
Questions?

1245 W 1st Street (unit 123), Tempe, AZ – $298,975

  • 2 Beds
  • 3 Baths
  • 1,072 Sqft
  • .01 Acres
  • 2 Beds
  • 3 Baths
  • 1,072 Sqft
  • .01 Acres

1245 W 1st Street (unit 123)

Opportunity is knocking at 1245 W 1st St #123, Tempe's low-maintenance gem and a rare chance to own in one of the city's highest-demand rental corridors. This ground-floor condo is more than just a smart buy—it's the kind of listing investors, parents, and first-time buyers wait for. Nestled in a quiet pocket just west of downtown, this property offers a prime blend of comfort, potential, and proximity. Just minutes from Arizona State University, you'll be perfectly positioned to bike to fall football games, catch spring baseball matchups, or hop the light rail to Downtown Phoenix. Mill Avenue is a short walk away, delivering Tempe's best dining, nightlife, and cultural pulse. Sky Harbor Airport and ASU's main campus are within a five-minute drive— placing you at the center of it all. Whether you're investing or nesting, this unit delivers standout livability and real upside. Ten minutes from Phoenix, Mesa, and Scottsdale- unbeatable location! Turnkey Value That Shines All the functional pieces are here and ready to go: - Clean 2BR / 1BA layout with private patio and in-unit laundry hookups - Assigned covered parking in a well-maintained complex - HOA includes water/sewer/trash, helping your numbers stay strong - Low taxes, low monthly overhead, high long-term demand Seller may consider direct buyers, investor terms, or creative financing. Schedul today. This rare opportunity won't last long.

Essential Information

  • MLS® #6901915
  • Price$298,975
  • Bedrooms2
  • Bathrooms3.00
  • Square Footage1,072
  • Acres0.01
  • Year Built1984
  • TypeResidential
  • Sub-TypeApartment
  • StatusActive

Community Information

  • Address1245 W 1st Street (unit 123)
  • SubdivisionRIO SALADO VILLAS
  • CityTempe
  • CountyMaricopa
  • StateAZ
  • Zip Code85281

Amenities

  • UtilitiesSRP
  • Parking Spaces1
  • ParkingAssigned

Interior

  • HeatingElectric
  • CoolingCentral Air
  • FireplaceYes
  • Fireplaces1 Fireplace, Living Room
  • # of Stories2

Interior Features

Upstairs, Pantry, 2 Master Baths, 3/4 Bath Master Bdrm

Exterior

  • Exterior FeaturesPatio
  • Lot DescriptionDesert Front
  • RoofBuilt-Up
  • ConstructionStucco, Wood Frame

School Information

  • ElementaryHoldeman Elementary School
  • HighTempe High School

District

Tempe Union High School District

Middle

Geneva Epps Mosley Middle School

Listing Details

  • OfficeCitiea
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Price Change History for 1245 W 1st Street (unit 123), Tempe, AZ (MLS® #6901915)

Date Details Change
Price Reduced from $298,980 to $298,975 $5 (0.00%)
Price Reduced from $298,990 to $298,980 $10 (0.00%)
Price Reduced from $299,000 to $298,990 $10 (0.00%)

Citiea.

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 14th, 2025 at 7:10pm MST.