926 S WILSON Street, Tempe, AZ 85281

$680,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $680,000 Last Modified: 5/10/2025

Overview

Description

Great Tempe opportunity for an investor looking for a rental near ASU, or a homeowner looking to live on one side and rent out the other. With two 3 bedroom units, a great yard, and that perfect location, you can't go wrong. Great price, makes sense, especially considering rents are currently below market. Instant upside! This property has potential to upgrade the units and raise rent even more.

Listing Details MLS# 6597115

Location, Tax & Legal

House Number
926
Compass
S
Street Name
WILSON
St Suffix
Street
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Zip4
5993
Country
US
County Code
Maricopa
Subdivision
GOODWIN HOMES
Assessor Number
124-69-062
Tax Year
2022
Assessor's Map #
69
Legal Description (Abbrev)
LOT 9 BLOCK 5 GOODWIN HOMES MCR 000714
Assessor's Parcel #
62
Add'l Parcels
No
Tax Municipality
Tempe
Census Tract
318900
Taxes
2368
Legal
LOT 9 BLOCK 5 GOODWIN HOMES MCR 000714
Marketing Name
Tempe Duplex

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
50x200
Year Built
1996
Uncvrd Parking Spcs
6
Total # of Units
2
# of Buildings
Yes
Zoning
Duplex
Flood Zone
No
Elementary School District
Tempe Elementary School District
High School District
Tempe Union High School District

Remarks Misc

Cross Street
W 10th St
Directions
From the 202, go South on Priest Dr, Take a left (East) on University and follow that to Wilson. Go right (south) on Wilson to the duplex on the right at the corner of Wilson and 10th St.

Status Change Info

Off Market Date
2023-11-06
Under Contract Date
2023-10-17
Close of Escrow Date
2023-11-17

Legal Info

Township
1N
Range
4E
Section
21
Block
5
Lot Number
9

More Information

Income Expenses

Gross Annual Sch Inc
37200
Net Operating Income
33750

2 Bedroom Units

# 2 Bedroom Units
2
Avg Rent
1550
Avg SqFt
1180
# Baths
Yes

Sold Info

Loan Type
Cash
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

Duplex
Yes

Construction

Block
Yes
Wood Frame
Yes

Const - Finish

Painted
Yes

Roofing

Composition
Yes

Floors

Concrete
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
2368
Other Income
0
Vacancy Allowance
0.05
Adjusted Gross Inc
35340
Total Monthly Rental Income
3100

Pmt & Rate Info

Cap Rate
4.5
Equity
750000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

Supra
Yes

Community Features

No Pool
Yes

Heating

Natural Gas
Yes

Cooling

Electric
Yes

Exterior Amenities

Desert Landscaping
Yes
Partially Fenced
Yes

Interior Features

Unfurnished
Yes

Tenant Pays

Gas
Yes
Water
Yes
Sewer
Yes
Electricity
Yes
Trash Collection
Yes
Cable TV
Yes

Appliances Included

Dishwasher
Yes
Refrigerator
Yes
Free-Standing Range
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes
Projected Proforma
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

>1 Space Per Unit
Yes

Electric

APS
Yes

Gas

SW Gas
Yes

Owner Pays

None
Yes

New Financing

VA
Yes
Conventional
Yes
FHA
Yes

Special

Estate Sale
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Other (See Remarks)
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 3rd Loan

Other (See Remarks)
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

None
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Duplex Construction: Block; Wood Frame Const - Finish: Painted Roofing: Composition Floors: Concrete Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Desert Landscaping; Partially Fenced Interior Features: Unfurnished Appliances Included: Free-Standing Range; Refrigerator; Dishwasher Heating: Natural Gas Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: >1 Space Per Unit Road Surface Type: Asphalt Owner Pays: None Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Cable TV Source of Fincl Data: Owner; Projected Proforma Special: Estate Sale Lockbox Type: Supra Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Other (See Remarks) Existing 2nd Loan Type: 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: VA; FHA; Conventional Environmental: None
IDX
Listing Office: Keller Williams Realty Sonoran Living
Last Updated: May - 10 - 2025
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.