1424 S STANLEY Place, Tempe, AZ 85281

$800,000

bedrooms

bathrooms

square feet

Acreage

0.0

Open Houses

year built

1960

Full Baths

Half Baths

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Prime dirt location on the doorstep to ASU, the 5th largest university in the US. All 1 bedroom unit mix with $1299 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. Twin adjacent property is 1428 S Stanley (MLS 6855518). 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 may be available. Expenses are actual & estimated. Water meter shared with 1428 S Stanley.

Location
Subdivision	Stanley Plat
County	Maricopa
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 6855520

Listing agent: James C Stephens

Listing broker: Real Living Sj Fowler Real Estate (480) 649-3536

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Last update: Wednesday, April 23 2025 at 12:56 a.m. EDT

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