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For sale
  • $1,200,000

    1440 S Stanley Pl, Tempe, AZ 85281

    1beds
    1baths
    3,150sqft
    : 
    Multi Family
    Built in 1960
    -- sqft lot
    $-- Zestimate®
    $381/sqft
    $-- HOA

    What's special

    Prime dirt location on the doorstep to ASU, the 5th largest university in the US. All 1 bedroom unit mix with $1398 rents & a 7/28/2025 lease exp. Located in an opportunity zone with 1000's of new units in process. Stabilized 6+ CAP with room to raise rents. Student housing. Very low expenses w/ separate, tenant-paid electric/gas. Available individually or as part of a package of 15 units (see MLS 6851166). Value-add. Long-term, local-owner that has self-managed. Seller financing possible. Expenses are actual & estimated.
    15 days
    on Zillow
    |
    38
    |
    0
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    Zillow last checked: 7 hours ago

    Listing updated: April 23, 2025 at 08:13am

    Listed by:

    James C Stephens 602-672-3526,

    Better Homes & Gardens Real Estate SJ Fowler

    Source: ARMLS,MLS#: 6855620MLS Logo

    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 1440 S Stanley Pl.

    Next available tour time:Today at 3pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    Heating
    • Natural Gas, Floor Furnace, Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Free-Standing Range, Refrigerator
    Features
    • Flooring: Other, Concrete
    Interior area
    • Total structure area: 3,150
    • Total interior livable area: 3,150 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Free, >1 Space Per Unit
    • Uncovered spaces: 8
    Lot
    • Size: 10,000 Square Feet
    • Dimensions: 10000 sf
    Details
    • Parcel number: 13309072
    • Zoning: R4

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Painted, Block
    • Roof: Composition
    Condition
    • Year built: 1960

    Utilities & green energy

    • Electric: SRP, Individual Meter
    • Sewer: Sewer-In & Connected, Public Sewer
    • Water: Master Meter, City Franchise
    • Utilities for property: Sewer Connected

    Community & HOA

    Community
    • Features: Other, See Remarks
    • Subdivision: STANLEY PLAT
    Location
    • Region: Tempe

    Financial & listing details

    • Price per square foot: $381/sqft
    • Annual tax amount: $2,278
    • Date on market: 4/11/2025
    • Listing terms: Conventional,Owner May Carry
    • Ownership: Fee Simple
    • Electric utility on property: Yes
    • Road surface type: Asphalt
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