1440 S Stanley Place Tempe, AZ 85281
Listing Courtesy of: Arizona Regional MLS / Better Homes And Gardens Real Estate S.J. Fowler / James "Cass" Stephens

  1440 S Stanley Place Tempe, AZ 85281

Active (121 Days)

Description

Prime dirt location on the doorstep to ASU, the 5th largest university in the US. This six unit complex has a lot to offer. All 1 bedroom unit mix Now 100% vacant. Owner will deliver vacant or re-leased. 10% 2nd position carry or low LTV/market rate carry possible. Located in an opportunity zone with 1000's of new units in process. 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. Close to a 7 CAP historical income performance.

MLS #:
6855620
Taxes
$2,278
Type
Multifamily
Year Built
1960
County
Maricopa County

Listed By

James "Cass" Stephens, Better Homes And Gardens Real Estate S.J. Fowler
Source
Arizona Regional MLS
Last checked Aug 10 2025 at 11:01 PM GMT+0000
Bathroom Details
Heating and Cooling
  • Natural Gas
  • Floor Furnace
  • Wall Furnace
  • Window/Wall Unit
Flooring
  • Other
  • Concrete
Exterior Features
  • Painted
  • Block
  • Roof: Composition
Utility Information
  • Sewer: Sewer-In & Connected, Public Sewer
Parking
  • Free
  • >1 Space Per Unit
Location
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Interest rate
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Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Listing Data Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All Rights reserved
Information Deemed Reliable but not Guaranteed.
ARMLS Last Updated: 8/10/25 16:01.
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