- $1.2M Price
1231 N Oleander Street
Price Drop $95,000!! Turnkey 5-Unit Investment Near ASU & Old Town Scottsdale. Fully renovated in 2019 with near-zero vacancy in a high-demand rental market. Unit mix includes four 2BD/1BA units and one 1BD/1BA unit, each featuring updated interiors, vinyl flooring, modern cabinetry, granite countertops, dual-pane windows, new A/C systems, and upgraded security doors. Large private gated patios enhance tenant appeal. Low-maintenance asset offering stable cash flow and long-term appreciation potential.
Essential Information
- MLS® #6960414
- Price$1,200,000
- Year Built1958
- TypeMultiple Dwellings
- StatusActive
Community Information
- Address1231 N Oleander Street
- SubdivisionNORTH TEMPE 2
- CityTempe
- CountyMaricopa
- StateAZ
- Zip Code85288
Amenities
- AmenitiesNo Pool
- Parking Spaces7
Parking
Paved, Assigned, 1 Space/Unit, On Street
Interior
- HeatingElectric
Appliances
Disposal, Dishwasher, Refrigerator, Free-Standing Gas Oven, Microwave
Cooling
Central Air, Ceiling Fan(s), Electric, 2 or More Units
Exterior
- RoofFoam
Construction
Wood Frame, Painted, Block, Brick
School Information
- ElementaryCecil Shamley School
- HighMcClintock High School
District
Tempe Union High School District
Middle
McKemy Academy of International Studies
Additional Information
- Zoning[R-2] Multi-Fam
Listing Details
- OfficeMidland Real Estate Alliance
Price Change History for 1231 N Oleander Street, Tempe, AZ (MLS® #6960414)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $1,295,000 to $1,200,000 |
Midland Real Estate Alliance.
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 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on April 24th, 2026 at 2:02pm MST.