1231 N Oleander Street, Tempe, AZ 85288

Tempe
Local realty services provided by:ERA Brokers Consolidated
1231 N Oleander Street,Tempe, AZ 85288
$1,200,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: dalen m linnerson
Office: midland real estate alliance
MLS#:6960414
Source:ARMLS

Price summary

  • Price:$1,200,000

About this home

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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Home facts

  • Year built:1958
  • Listing ID #:6960414
  • Updated:May 15, 2026 at 02:51 PM

Rooms and interior

  • Flooring:Vinyl

Heating and cooling

  • Cooling:2 or more Cooling Units, Ceiling Fan(s), Electric
  • Heating:Electric
  • Central air:Yes

Structure and exterior

  • Year built:1958
  • Construction Materials:Block, Brick, Painted

Schools

  • High school:McClintock High School
  • Middle school:McKemy Academy of International Studies
  • Elementary school:Cecil Shamley School

Utilities

  • Water:Individual Meter

Finances and disclosures

  • Price:$1,200,000
  • Tax amount:$1,363 (2025)

Parking

  • Total parking spaces:7
  • Parking description:1 Parking Space/Unit, Assigned, Paved
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