1007 S ROOSEVELT Street, Tempe, AZ 85281

$875,000

Property Type: Multiple Dwellings Bedrooms: 8 Baths: 4 Status: Closed

Current Price: $875,000 Last Modified: 5/04/2026

Overview

Description

Welcome to Three on Roosevelt. This single family 4 bedroom 2 bath and duplex both two bedroom one bath. This is a fantastic location in the heart of Tempe walking distance to ASU. The home is fully furnished and one of the two bedroom is also fully furnished. Current rents are 2,000 1,600 and 1,100. New rents will be 2500 to 2800 and 1750-1900 starting August 2021. Units have all been recently remodeling. All units have washer and dryers and separately metered for electric. All facts and figures are approximate buyer verify MLS information. Drive by only tenants are unware of sale. Broker owner.

Listing Details MLS# 6257297

Location, Tax & Legal

Map Code/Grid: R36
House Number: 1007
Compass: S
Street Name: ROOSEVELT
St Suffix: Street
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 5445
Country: US
County Code: Maricopa
Subdivision: GOODWIN HOMES
Assessor Number: 124-69-104
Tax Year: 2020

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: varible
Year Built: 1983
Uncvrd Parking Spcs: 6
Total # of Units: 3
# of Buildings: 3
Zoning: R-2
Elementary School District: Tempe Elementary School District
Elementary School: Tempe Academy Of International Studies McKemy Campus
Jr. High School: Tempe High School
High School: Tempe High School

Remarks Misc

Cross Street: University and Mill

Status Change Info

Off Market Date: 2021-09-24
Under Contract Date: 2021-08-20
Close of Escrow Date: 2021-09-29

Legal Info

Township: 1N
Range: 4E
Section: 21
Block: 8
Lot Number: 2

More Information

2 Bedroom Units

# 2 Bedroom Units: 2
Avg Rent: 1800
Avg SqFt: 750
# Baths: Yes

4 Bedrooms Units

# 4 Bedroom Units: Yes
Avg Rent: 2500
Avg SqFt: 1154
# Baths: 2

Structure

Bedrooms Total: 8
Bathrooms Total: 4

Income Expenses

Gross Annual Sch Inc: 73200
Net Operating Income: 59060

Sold Info

Loan Type: Other
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $

Property Features

Project Type: Duplex; Tri-Plex Other Type: House + Rental Units Construction: Block Const - Finish: Painted Roofing: Composition Floors: Ceramic Tile; Carpet Sale Includes: Other (See Remarks) Community Features: Other; See Remarks Exterior Amenities: Other (See Remarks) Interior Features: Other (See Remarks) Appliances Included: Other Heating: Other; See Remarks Cooling: Other; See Remarks Water Source: Other Sewer: Other Electric: APS Gas: SW Gas Parking Features: Carport; <1 Space Per Unit; Paved Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Gas; Cable TV Source of Fincl Data: Projected Proforma Special: Owner/Agent Showing Notification Methods: Email Lockbox Type: None Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Other (See Remarks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional; Other (See Remarks) Environmental: Other (See Remarks)

Listing Office: Grace CRE

Office Phone: 602-975-5516

Office Email: info@gracecre.com

Last Updated: May - 04 - 2026