1031 N HAROLD Street, Tempe, AZ 85288

$580,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $580,000 Last Modified: 3/04/2025

Overview

Description

Opportunity knocks in one of the most sought-after areas of the Valley! This beautifully remodeled duplex offers two identical 2-bedroom, 1-bathroom units, each thoughtfully upgraded with oak luxury vinyl plank flooring and brand-new kitchens featuring sleek finishes. Nestled just minutes from Old Town Scottsdale, Tempe Town Lake, and quick access to the 101 & 202 freeways, this property is a rare find for both investors and owner-occupants alike. The true standout? The lush, meticulously designed landscaping, creating a serene and inviting atmosphere that sets this property apart. Whether you're looking to house-hack, add a premium rental to your portfolio, or enjoy a turnkey investment in a prime location, this duplex delivers. Don't miss this exceptional opportunity

Listing Details MLS# 6813853

Location, Tax & Legal

House Number
1031
Compass
N
Street Name
HAROLD
St Suffix
Street
City/Town Code
Tempe
State/Province
AZ
Zip Code
85288
Zip4
1816
Country
US
County Code
Maricopa
Subdivision
NORTH TEMPE 3
Assessor Number
132-13-080
Tax Year
2024
Assessor's Map #
13
Legal Description (Abbrev)
LOT 231 NORTH TEMPE 3 MCR 007140
Assessor's Parcel #
80
Add'l Parcels
No
Tax Municipality
Tempe
Census Tract
318400
Taxes
1289
Legal
LOT 231 NORTH TEMPE 3 MCR 007140
Marketing Name
NORTH TEMPE 3

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
Unknown
Year Built
1957
Uncvrd Parking Spcs
2
Total # of Units
2
# of Buildings
Yes
Zoning
Duplex
Flood Zone
No
Elementary School District
Tempe School District
High School District
Tempe Union High School District
Elementary School
Cecil Shamley School
Jr. High School
Cecil Shamley School
High School
McClintock High School

Remarks Misc

Cross Street
N Harold St and E Curry Rd

Status Change Info

Off Market Date
2025-02-07
Under Contract Date
2025-02-06
Close of Escrow Date
2025-03-03

Legal Info

Township
1N
Range
4E
Section
11
Lot Number
231

More Information

Income Expenses

Gross Annual Sch Inc
38280
Net Operating Income
36991

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes

Efficiency Units

# Efficiency Units
2
Avg Rent
1595
Avg SqFt
690
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
2
Avg Rent
1595
Avg SqFt
690
# Baths
Yes

Sold Info

Loan Type
Conventional
Loan Years
30
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession to Buyer
2
Seller Concession $/%
%
Buyer Concession to Seller
0

Project Type

Duplex
Yes

Construction

Brick
Yes

Const - Finish

Painted
Yes
Brick Veneer
Yes

Roofing

Composition
Yes

Floors

Vinyl
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Annual Other Expense
0
Operating Exp
1289
Other Income
0
Vacancy Allowance
0.05
Adjusted Gross Inc
36366
Total Monthly Rental Income
3190

Pmt & Rate Info

Cap Rate
6.49
Equity
569995
Down Payment %
3.5
Monthly Payments
0
Total Owed
0

Lockbox Type

Combo
Yes

Community Features

No Pool
Yes

Heating

See Remarks
Yes

Cooling

Ceiling Fan(s)
Yes
Electric
Yes

Tenant Pays

Other (See Remarks)
Yes

Appliances Included

Dishwasher
Yes
Microwave
Yes
Refrigerator
Yes
W/D Hookup
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Other (See Remarks)
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

On Street
Yes
1 Space/Unit
Yes

Electric

APS
Yes

Gas

SW Gas
Yes

Owner Pays

See Remarks
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
FHA
Yes

Special

Owner/Agent
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

1 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Duplex Construction: Brick Const - Finish: Painted; Brick Veneer Roofing: Composition Floors: Vinyl Sale Includes: Land & Building Community Features: No Pool Appliances Included: Refrigerator; Dishwasher; Microwave; W/D Hookup Heating: See Remarks Cooling: Ceiling Fan(s); Electric Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: On Street; 1 Space/Unit Road Surface Type: Asphalt Owner Pays: See Remarks Tenant Pays: Other (See Remarks) Source of Fincl Data: Other (See Remarks) Special: Owner/Agent Showing Notification Methods: Text Lockbox Type: Combo New Financing: Cash; VA; FHA; Conventional Environmental: None
IDX
Listing Office: Berkshire Hathaway HomeServices Arizona Properties
Last Updated: March - 04 - 2025
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