1231 N Oleander Street, Tempe, AZ 85288
- $1,125,000
- Sold Price
- $1,125,000
- List Price
- $1,200,000
- Closing Date
- Jul 03, 2026
- Days on Market
- 154
- Status
- CLOSED
- MLS#
- 6960414
- City
- Tempe
- Subdivision
- North Tempe 2
- Year Built
- 1958
Property Description
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.
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Additional Information
- Elementary School
- Cecil Shamley School
- High School
- McClintock High School
- Middle School
- McKemy Academy of International Studies
- Community Features
- No Pool
- Construction
- Block, Brick, Wood Frame, Painted
- Cooling
- Central Air, Electric, 2 or More Units, Ceiling Fan(s)
- Electric
- APS
- Heating
- Electric
- New Financing
- Conventional, Cash
- Parking Features
- 1 Space/Unit, Paved, On Street, Assigned
- Roofing
- Foam
- Subdivision
- North Tempe 2
- Taxes
- $1,363
- Tax Year
- 2025
- Tenant Pays
- Water, Sewer, Electricity, Gas, Trash Collection, Cable TV
- Units
- 5
- Water
- Individual Meter
- Zoning
- [R-2] Multi-Fam
Courtesy of Midland Real Estate Alliance. 480-325-1411 Selling Office: Midland Real Estate Alliance.
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