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.
For sale
$1,200,000
1440 S Stanley Pl, Tempe, AZ 85281
1beds
1baths
3,150sqft
Est.:
Multi Family
Built in 1960
-- sqft lot
$-- Zestimate®
$381/sqft
$-- HOA
What's special
- 15 days
- on Zillow |
- 38 |
- 0 |
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#: 6855620


Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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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