824 W 9TH Street, Tempe, AZ 85281
$565,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$565,000
Last Modified:
5/11/2025
Description
Welcome home! This duplex is the perfect move-in ready investment near Arizona State - rent one side while living in the other. These 2 units offer generously sized living rooms, modern kitchens, and gorgeous updated bathrooms in both units. The main bedroom in each unit features a walk-in closet and an ensuite, boasting a separate tub and shower. An additional bedroom, dedicated carport space, and proximity to the bus stop make this a prime and convenient living space. The serene backyards are perfect for unwinding and enjoying your favorite beverage. You should not have a difficult time getting top dollar for rent in this area due to the updates and location.
More Information MLS# 6610256
Contract Info
Ownership: Fee Simple
Current Price: $565,000
Sold Price: $565,000
Status: Closed
List Date: 2023-09-26
Location, Tax & Legal
Assessor's Map #: 68
Legal Description (Abbrev): LOT 5 LAIRD ESTATES MCR 006523
Assessor's Parcel #: 5
Add'l Parcels: No
Tax Municipality: Tempe
Census Tract: 318900
Taxes: 1656
Legal: LOT 5 LAIRD ESTATES MCR 006523
Marketing Name: Laird Estates
House Number: 824
Compass: W
Street Name: 9TH
St Suffix: Street
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 5404
County Code: Maricopa
Subdivision: LAIRD ESTATES
Assessor Number: 124-68-005
Tax Year: 2022
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 2
Lot Size Dimensions: 67 X 105
Flood Zone: No
Total # of Units: 2
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 Academy Of International Studies McKemy Campus
Year Built: 1969
Zoning: R-2
Legal Info
Range: 4E
Section: 21
Township: 1N
Lot Number: 5
Project Type
Duplex: 1
Construction
Block: 1
Const - Finish
Painted: 1
Brick Veneer: 1
Roofing
Built-Up: 1
Rolled: 1
Floors
Ceramic Tile: 1
Other: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 652
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 600
Annual Maint Exp: 1469
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Operating Exp: 4377
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 34884
Total Monthly Rental Income: 3060
Pmt & Rate Info
Cap Rate: 4.94
Equity: 580000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Phone Call: 1
Lockbox Type
Supra: 1
Combo: 1
Community Features
No Pool: 1
Heating
Natural Gas: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Exterior Amenities
Fenced: 1
Cable TV Available: 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Mini Blinds: 1
Tenant Pays
Gas: 1
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Other (See Remarks): 1
Appliances Included
Dishwasher: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
W/D Hookup: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Projected Proforma: 1
Unknown: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
On Street: 1
<1 Space Per Unit: 1
1 Space/Unit: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
Other: 1
New Financing
Conventional: 1
FHA: 1
1031 Exchange: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 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: 1530
Avg SqFt: 780
# Baths: 2
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Conventional
Loan Years: 30
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 11300
Seller Concession $/%: $
Remarks Misc
Cross Street: Hardy Dr & University Dr
Directions: Head south on S Hardy Dr, Turn left onto W 9th St. Property will be on the left.
Geo Lat: 33.420957
Geo Lon: -111.951071
Status Change Info
Off Market Date: 2023-12-08
Under Contract Date: 2023-11-05
Close of Escrow Date: 2023-12-12
Sold Price: $565,000
Income Expenses
Gross Annual Sch Inc: 36720
Net Operating Income: 28671
Property Features
Project Type: Duplex
Construction: Block
Const - Finish: Painted; Brick Veneer
Roofing: Built-Up; Rolled
Floors: Ceramic Tile; Other
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Fenced; Cable TV Available
Interior Features: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Microwave; Washer/Dryer; W/D Hookup
Heating: Natural Gas
Cooling: Ceiling Fan(s); Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: Carport; On Street; <1 Space Per Unit; 1 Space/Unit
Road Surface Type: Asphalt
Owner Pays: Other
Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Cable TV; Other (See Remarks)
Source of Fincl Data: Projected Proforma; Unknown
Showing Notification Methods: Text; Phone Call
Lockbox Type: Supra; Combo
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: FHA; Conventional; 1031 Exchange
Environmental: None
Listing Office:
Keller Williams Arizona Realty
Last Updated: May - 11 - 2025
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