$525,000 809 W 1st Street Tempe, AZ

MLS: 5694299   Type: Multi-Family   County: Maricopa   City: Tempe   Neighborhood: Monterrey Village Plat 3 Unit 1   Zip: 85281     Taxes: $1,364

Mortgage $2,465 /mo



Half Baths

Sqr Footage

Lot Size








LOCATION LOCATION LOCATION! Walking distance to new art museum, Tempe town lake and new restaurants/entertainment near Mill Ave. Units remodeled - Building has new paint (inside and out), new landscaping, new AC units - all electrical was updated in 2007 as well (inspected by city of Tempe). Each unit is 2 bed/1 bath with tile throughout with personal storage units and laundry behind the building. Tenants pay Gas/Electric and owner just pays water (~$140/mo). No HOA either! All tenants are section 8. Rents are: #1-$894, #2-$894, #3-$925, #4-$890. Sec 8 has also just increased voucher limits for these units to $975 (new owner can raise rents once leases expire). DO NOT DISTURB TENANTS

Elementary School

Middle School

High School

Tempe Academy Of International Studies Mckemy Campus
Distance: N/A Miles
Tempe Academy Of International Studies Mckemy Campus
Distance: 1.93 Miles
Tempe Academy Of International Studies Mckemy Campus
Distance: N/A Miles

Price History

12/2/2017 Listed $550,000
1/19/2018 5% - $525,000

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 800.00
3 Bedrooms Units: Avg Rent 0.00
3 Bedrooms Units: Avg Sqft 0
4 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Sqft 0
Construction Block
Listing Status Active
Net Income 0.00
New Financing Conventional
Owner Pays Water, Sewer, Trash
Property Type F
School District 213 - Tempe Union High School District
Special Owner/Agent
Tenant Pays Electric, Gas, Cable TV
Type ER
Year Built 1964
Zoning multi

Interior Features

1 Bedroom Units: # 1 Bedroom Units 0
1 Bedroom Units: # Baths 0
1 Bedroom Units: Avg Sqft 0
2 Bedroom Units: # 2 Bedroom Units 4
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 700
3 Bedrooms Units: # 3 Bedroom Units 0
3 Bedrooms Units: # Baths 0
4 Bedrooms Units: # 4 Bedroom Units 0
4 Bedrooms Units: # Baths 0
Appliances Included F/S Oven/Range, Refrigerator
Cooling Evaporative
Electric APS
Floors Concrete, Ceramic Tile, Vinyl/Composition
Gas SW Gas
Heating Gas, Individual, Wall Furnace
Interior Features Unfurnished, Fire/Smoke Alarm(s)
Total Number of Units 4.00

Exterior Features

Complex Features No Pool
Const - Finish Painted
Covered Parking Spcs 4.00
Exterior Features Desert Landscaping, Cable TV Available, Separate Storage
Lot Size Dimensions irr
Parking Free, Paved Parking, Street Parking, >1 Space Per Unit
Roof Comp Shingle
Sewer Sewer - Public
Total Parking Spcs 6.00
Water City Franchise

Property Schools

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Property vs Zip Code Avg (85281)

Price 525K Avg 1.46M

Sqr Feet 2,800 Avg 4,127

Cost / Sqr Ft $188 Avg $356

Taxes $1,364 Avg $2,312

Visits 53 Avg 44

Days on Site 78 Avg 36

Walkscore® 61 Avg 70

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Location & Address

Mike Bruen
8360 E. Raintree Dr.
Scottsdale, AZ

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