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1231 N Oleander Street

Tempe, AZ 85288
  • $1,200,000
  • STATUS: Active
  • ID#: 6960414
UPDATED: 18 min ago
$1,200,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1958
County:
Area:

School Information

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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Arizona Regional MLS logo© 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty Company. Data last updated 2026-04-18T15:13:19.037.
www.arizonahomesearch.com/homes/171551817
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1231 N Oleander Street Tempe, AZ 85288

  • Price: $1,200,000
  • Status: Active
  • On Site: Days
  • Updated: 18 min ago
  • ID#: 6960414
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1958
Built
Neighborhood:
North Tempe 2
County:
Maricopa
Area:
Tempe
Elementary School:
Cecil Shamley School
Middle School:
Mckemy Academy Of International Studies
High School:
Mcclintock High School
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.
Exterior Features

Attached Garage YN No Construction Materials Wood FramePaintedBlockBrick Covered Spaces 5 Exterior Features [] Open Parking Spaces 2 Parking Features PavedAssigned1 Space/UnitOn Street Road Surface Type AsphaltDirt Roof Foam

Interior Features

Cooling Central AirCeiling Fan(s)Electric2 or More Units Cooling YN Yes Heating Electric Heating YN Yes Interior Features []

Property Features

Community Features No Pool Disclosures None Flooring Vinyl Gross Income 81060 Listing Terms Conventional Owner Pays See RemarksLandscaping Ownership Fee Simple Property Condition [] Security Features [] Sewer Public Sewer Tax Annual Amount 1363 Tax Year 2025 Water Source Individual Meter Zoning [R-2] Multi-Fam

Arizona Regional MLS logo Listing provided by Midland Real Estate Alliance: .


Arizona Regional MLS logo© 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty Company. Data last updated 2026-04-18T15:13:19.037.
 
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Long Realty Company
4051 E. Sunrise Dr, Suite 101
Tucson AZ, 85718