1327 W 4TH Street, Tempe, AZ 85281

$725,000
Property Type: Multiple Dwellings Bedrooms: 4 Baths: 2 Status: Closed
Current Price: $725,000 Last Modified: 2/05/2025

Overview

Description

Remodeled duplex right in the heart of Tempe and near the ASU campus. This turn-key property has zoning and room to build a 3rd property or ADU. Each unit is large, over 850 sqft each and has individual in-unit laundry. The remodel consists of a new roof, new AC's, new dual-pane windows, interior/exterior doors, sewer lines, new water pipes, new kitchen & bathrooms with quartz counters, vinyl floors, water heaters, trim/baseboards, lighting, fans, insulation, paint, inside laundry, landscaping and stainless steel appliances. Units have big open kitchen, dinning, great room concept. Large backyard with private storage rooms for each unit. Electric and gas are separately metered, only water is not. Perfect setup for a ''house hack'' or an investor who just wants ''mailbox money''. NO HOA!!!

Listing Details MLS# 6766239

Location, Tax & Legal

House Number
1327
Compass
W
Street Name
4TH
St Suffix
Street
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Zip4
2484
Country
US
County Code
Maricopa
Subdivision
JO-ELLEN HOMES
Assessor Number
124-28-030
Tax Year
2023

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
8834
Year Built
1961
Uncvrd Parking Spcs
4
Total # of Units
2
# of Buildings
Yes
Zoning
Multifamily
Flood Zone
No
Elementary School District
Tempe Elementary School District
High School District
Tempe Union High School District
Elementary School
Holdeman Elementary School
Jr. High School
Geneva Epps Mosley Middle School
High School
Tempe High School

Remarks Misc

Cross Street
University & Priest
Directions
North on Priest from University to 4th St, east to property on south side.

Status Change Info

Off Market Date
2025-02-05
Under Contract Date
2025-01-06
Close of Escrow Date
2025-01-31

Legal Info

Township
1N
Range
4E
Section
16
Lot Number
7

More Information

2 Bedroom Units

# 2 Bedroom Units
2
Avg Rent
1995
Avg SqFt
851
# Baths
Yes

Structure

Bedrooms Total
4
Bathrooms Total
2

Income Expenses

Gross Annual Sch Inc
47880
Net Operating Income
45250

Showing Notification Methods

Showing Service
Aligned Showings

Sold Info

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

Property Features

Project Type: Duplex Construction: Block Const - Finish: Painted Roofing: Composition Floors: Vinyl Sale Includes: Land & Building; Personal Property; Laundry Equipment Community Features: No Pool; Barbecue Exterior Amenities: Desert Landscaping; Partially Fenced; Separate Storage Interior Features: Unfurnished; Fire/Smoke Alarm(s) Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Heating: Central Cooling: Ceiling Fan(s); Electric; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: SW Gas Parking Features: On Street; >1 Space Per Unit; Attached; Assigned; Free; Paved Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Gas; Landscaping Source of Fincl Data: Owner Special: Owner/Agent Showing Notification Methods: Text Lockbox Type: Supra Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Environmental: None
IDX
Listing Office: Incyte Realty, LLC
Office Phone: 480-409-9900
Office Email: broker@venturerei.com
Last Updated: February - 05 - 2025
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