1424 S Stanley Place, Tempe, AZ 85281

Local realty services provided by:ERA Four Feathers Realty, L.C.
#1#2#3
1424 S Stanley Place,Tempe, AZ 85281
$3,425,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:james c stephens
Office:better homes & gardens real estate sj fowler
MLS#:6851166
Source:ARMLS

Price summary

  • Price:$3,425,000

About this home

This ''ASU OZ 15'' is located in an ''A'' location on the doorstep to ASU, the 5th largest U in the US. Now 100% vacant. Owner will deliver vacant or re-leased. 10% 2nd position carry or low LTV/market rate carry possible. R-4. Opportunity Zone. Lots: 32,500 sf (up to 40,000 sf). Value-add. Package includes: 1424, 1428, 1432, 1440 & 1446 S Stanley Pl. All 1 bed units are 506-525 sf , except 1432 (2450 sf 5 bed house). 9759 total sf. Assemblage price-$3,425,000. Or sold individually: 1424 & 1428 S Stanley: 4's. $775,000/4 or $1,550,000. 1432 S Stanley: $700,000. Huge 2450 sf 5 bed house w/ pool. Separately owned sf at 1436. Then 1440, 1442, 1444, 1446 A, B, C Stanley: 6 unit. $1,175,000. Close to a 7 CAP historical income performance.

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Home facts

  • Year built:1960
  • Listing Id #:6851166
  • Updated:August 19, 2025 at 02:50 PM

Heating and cooling

  • Cooling:Electric, Wall/Window Unit
  • Heating:Window Wall Heating Unit(s)

Structure and exterior

  • Year built:1960

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$3,425,000
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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