1007 S ROOSEVELT Street, Tempe, AZ 85281
$875,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$875,000
Last Modified:
2/02/2026
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.
More Information MLS# 6257297
Contract Info
Ownership: Fee Simple
Current Price: $875,000
Sold Price: $875,000
Status: Closed
List Date: 2021-06-27
Location, Tax & Legal
Assessor's Map #: 69
Legal Description (Abbrev): LOT 2 BLOCK 8 GOODWIN HOMES MCR 000714
Assessor's Parcel #: 104
Add'l Parcels: No
Tax Municipality: Tempe
Census Tract: 318900
Taxes: 2244
Legal: LOT 2 BLOCK 8 GOODWIN HOMES MCR 000714
Marketing Name: Three on Roosevelt
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
County Code: Maricopa
Subdivision: GOODWIN HOMES
Assessor Number: 124-69-104
Tax Year: 2020
General Property Description
# of Buildings: 3
Uncvrd Parking Spcs: 6
Lot Size Dimensions: varible
Total # of Units: 3
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
Year Built: 1983
Zoning: R-2
Legal Info
Range: 4E
Section: 21
Township: 1N
Block: 8
Lot Number: 2
Project Type
Duplex: 1
Tri-Plex: 1
Other Type
House + Rental Units: 1
Construction
Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Carpet: 1
Sale Includes
Other (See Remarks): 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 1400
Annual Land Lse Exp: 0
Annual Landscape Exp: 1200
Annual Legal & Acctg: 0
Annual Maint Exp: 1500
Annual Mgmt Exp: 3200
Annual Trash Exp: 1200
Annual Wtr/Swr Exp: 1200
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 11944
Other Income: 0
Vacancy Allowance: 0.03
Adjusted Gross Inc: 71004
Total Monthly Rental Income: 6100
Pmt & Rate Info
Cap Rate: 5.62
Equity: 1050000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Email: 1
Lockbox Type
None: 1
Community Features
Other: 1
See Remarks: 1
Heating
Other: 1
See Remarks: 1
Cooling
Other: 1
See Remarks: 1
Exterior Amenities
Other (See Remarks): 1
Interior Features
Other (See Remarks): 1
Tenant Pays
Gas: 1
Electricity: 1
Cable TV: 1
Appliances Included
Other: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Projected Proforma: 1
Water Source
Other: 1
Sewer
Other: 1
Parking Features
Carport: 1
<1 Space Per Unit: 1
Paved: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
Conventional: 1
Other (See Remarks): 1
Special
Owner/Agent: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Other (See Remarks): 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Other (See Remarks): 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
Other (See Remarks): 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1800
Avg SqFt: 750
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
# 4 Bedroom Units: 1
Avg Rent: 2500
Avg SqFt: 1154
# Baths: 2
Sold Info
Loan Type: Other
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: University and Mill
Geo Lat: 33.419126
Geo Lon: -111.946856
Status Change Info
Off Market Date: 2021-09-24
Under Contract Date: 2021-08-20
Close of Escrow Date: 2021-09-29
Sold Price: $875,000
Income Expenses
Gross Annual Sch Inc: 73200
Net Operating Income: 59060
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
Last Updated: February - 02 - 2026
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