1231 N OLEANDER Street, Tempe, AZ 85288
$1,200,000
Property Type:
Multiple Dwellings
Status:
Pending
Current Price:
$1,200,000
Last Modified:
5/26/2026
Overview
Description
Listing Details MLS# 6960414
Location, Tax & Legal
- House Number
- 1231
- Compass
- N
- Street Name
- OLEANDER
- St Suffix
- Street
- City/Town Code
- Tempe
- State/Province
- AZ
- Zip Code
- 85288
- Zip4
- 1847
- Country
- US
- County Code
- Maricopa
- Subdivision
- NORTH TEMPE 2
- Assessor Number
- 132-13-035
- Tax Year
- 2025
- Assessor's Map #
- 13
- Legal Description (Abbrev)
- LOT 186 NORTH TEMPE 2 MCR
- Assessor's Parcel #
- 35
- Add'l Parcels
- Yes
- Tax Municipality
- Tempe
- Census Tract
- 318400
- Taxes
- 1363
- Legal
- LOT 186 NORTH TEMPE 2 MCR
- Marketing Name
- Oleander Flyer
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 7,070 SF
- Year Built
- 1958
- Uncvrd Parking Spcs
- 2
- Total # of Units
- 5
- # of Buildings
- 2
- Zoning
- [R-2] Multi-Fam
- Elementary School District
- Tempe School District
- High School District
- Tempe Union High School District
- Elementary School
- Cecil Shamley School
- Jr. High School
- McKemy Academy of International Studies
- High School
- McClintock High School
Remarks Misc
- Cross Street
- Scottsdale Rd & Curry Rd
- Directions
- South on Miller to Tempe Dr. West to Oleander
Status Change Info
- Off Market Date
- 2026-05-26
- Under Contract Date
- 2026-05-22
Legal Info
- Lot Number
- 185
More Information
Income Expenses
- Gross Annual Sch Inc
- 81060
- Net Operating Income
- 72317.27
Showing Notification Methods
- Showing Service
- Aligned Showings
1 Bedroom Units
- # 1 Bedroom Units
- Yes
- Avg Rent
- 1100
- Avg SqFt
- 550
- # Baths
- Yes
2 Bedroom Units
- # 2 Bedroom Units
- 4
- Avg Rent
- 1400
- Avg SqFt
- 685
- # Baths
- Yes
Project Type
- 5 - 12 Units
- Yes
Construction
- Block
- Yes
- Wood Frame
- Yes
- Brick
- Yes
Const - Finish
- Painted
- Yes
Roofing
- Foam
- Yes
Floors
- Vinyl
- Yes
Sale Includes
- Land & Building
- Yes
Income & Expenses
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Operating Exp
- 1363
- Other Income
- 0
- Vacancy Allowance
- 2
- Adjusted Gross Inc
- 81060
Pmt & Rate Info
- Cap Rate
- 6.03
- Equity
- 1200000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
Lockbox Type
- See Private Remarks
- Yes
- None
- Yes
Community Features
- No Pool
- Yes
Heating
- Electric
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Central Air
- Yes
- Electric
- Yes
- 2 or More Units
- Yes
Tenant Pays
- Gas
- Yes
- Water
- Yes
- Sewer
- Yes
- Electricity
- Yes
- Trash Collection
- Yes
- Cable TV
- Yes
Appliances Included
- Dishwasher
- Yes
- Disposal
- Yes
- Free-Standing Gas Oven
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
Road Surface Type
- Asphalt
- Yes
- Dirt
- Yes
Source of Fincl Data
- Owner
- Yes
- Books Shwn Accpt Ofr
- Yes
Water Source
- Individual Meter
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- On Street
- Yes
- 1 Space/Unit
- Yes
- Paved
- Yes
- Assigned
- Yes
Electric
- APS
- Yes
Gas
- SW Gas
- Yes
Owner Pays
- Landscaping
- Yes
- See Remarks
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
Reports/Disclosures
- None
- Yes
Environmental
- None
- Yes
Efficiency Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
5 - 12 Units
Construction:
Block; Wood Frame; Brick
Const - Finish:
Painted
Roofing:
Foam
Floors:
Vinyl
Sale Includes:
Land & Building
Community Features:
No Pool
Appliances Included:
Free-Standing Gas Oven; Refrigerator; Dishwasher; Disposal; Microwave
Cooling:
Ceiling Fan(s); Electric; Central Air; 2 or More Units
Water Source:
Individual Meter
Sewer:
Sewer - Public
Electric:
APS
Gas:
SW Gas
Parking Features:
On Street; 1 Space/Unit; Assigned; Paved
Road Surface Type:
Dirt; Asphalt
Owner Pays:
Landscaping; See Remarks
Tenant Pays:
Water; Sewer; Electricity; Gas; Trash Collection; Cable TV
Source of Fincl Data:
Owner; Books Shwn Accpt Ofr
Lockbox Type:
See Private Remarks; None
New Financing:
Cash; Conventional
Environmental:
None
Documents
Unbranded Flyer ›
Listing Office:
Midland Real Estate Alliance
Last Updated: May - 26 - 2026
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