1432 S STANLEY Place, Tempe, AZ 85281
$700,000
Property Type:
Residential
Bedrooms:
4
Baths:
2
Square Footage:
2,450
Lot Size (sq. ft.):
7,500
Status:
Active
Current Price:
$700,000
Last Modified:
7/08/2025
Description
Strong cash flow with this AZ OZ single-family on the doorstep to ASU, the 5th largest university in the US. Student-housing with $4000/month rent. Tenants pay all utilities, including water/sewer. Lease expiration 7/28/2025. Huge 2450 sf 5 bed/2 bath single-level house with newer pool in the backyard. Close to a 7 CAP with low owner expenses. Available individually or as part of a package of 15 units (MLS 6851166). Seller financing is available, but only with a large buyer down in the deal. Value-add opportunity offered for well-under $300/sf.
More Information MLS# 6855619
Contract Information
List Price: $700,000
Status: Active
Current Price: $700,000
List Date: 2025-04-11
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 1432
Compass: S
Street Name: STANLEY
St Suffix: Place
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 5888
County Code: Maricopa
Assessor Number: 133-09-068
Subdivision: STANLEY PLAT
Tax Year: 2024
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 4
# Bathrooms: 2
Approx SQFT: 2450
Price/SqFt: 285.71
Horses: N
Builder Name: Unknown
Year Built: 1960
Lead Based Hazard Disclosure: No
Approx Lot SqFt: 7500
Approx Lot Acres: 0.172
Flood Zone: No
Marketing Name: ASU OZ SF-Part of Package
Elementary School District: Tempe School District
High School District: Tempe Union High School District
Elementary School: Tempe Elementary Online Community
Jr. High School: Tempe Elementary Online Community
High School: McClintock High School
Remarks Misc
Cross Street: Apache Blvd & Rural Rd
Directions: Cul-de-sac, enter off Apache.
Geo Lat: 33.41156
Geo Lon: -111.919714
Legal Info
Township: 1N
Range: 4E
Section: 23
Lot Number: 18
Basement
Basement Y/N: N
Items Updated
Pool Yr Updated: 2019
Pool Partial/Full: Full
Parking Spaces
Slab Parking Spaces: 2
Showing Notification Methods
Showing Service: No Showing Service Used
Property Features
Special Listing Cond: N/A
Add'l Property Use: See Remarks
Architecture: Ranch
Master Bathroom: 3/4 Bath Master Bdrm
Fireplace Features: 1 Fireplace; Fireplace Family Rm
Flooring: Tile
Pool Features: Private; Fenced
Spa: None
Community Features: Near Bus Stop; Near Light Rail Stop
Dining Area: Formal; Eat-in Kitchen; Breakfast Room
Kitchen Features: Range/Oven Gas
Laundry: Wshr/Dry HookUp Only; Inside
Other Rooms: Family Room; Great Room; Bonus/Game Room
Features: See Remarks
Technology: Cable TV Avail
Exterior Features: Storage; Other
Parking Features: Unassigned
Road Responsibility: City Maintained Road
Construction: Block
Const - Finish: Painted
Roofing: Composition
Cooling: Central Air; Window/Wall Unit
Heating: Natural Gas
Utilities: SRP; SW Gas
Water Source: City Water
Sewer: Sewer - Public; Sewer in & Cnctd
Services: City Services
Fencing: Block; Partial
Property Description: Cul-De-Sac Lot
Landscaping: Gravel/Stone Front; Gravel/Stone Back
Lockbox Type: None
Possession: Subject To Tenant Rights
Unit Style: All on One Level
Association Fee Incl: No Fees
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional; Owner May Carry; 1031 Exchange
Disclosures: Agency Discl Req
Listing Office: Better Homes & Gardens Real Estate SJ Fowler
Last Updated: July - 08 - 2025
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