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Sold on 09/28/2023

1019 E Tempe Dr, Tempe, AZ 85281

$1,400,000

Last sold 09/28/2023 after 506 Days

  • 6

    bed

  • 6

    bath

Multi-family not for sale
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About 1019 E Tempe Dr

Property type Multi-family
Neighborhood
Year built 1955
HOA fee $0/month
Property description
''The Traveler'' is comprised of (6) 1 bedroom units (448 sqf/ea) that all function as full time vacation rental units. The property features off-street parking & an enclosed common area w/ hot tub, community laundry, putting green & sitting area. All unit interiors have been extensively upgraded. The entire building received a new electrical system w/ separate metering installed in '20. New roof in '21. 2 New HVAC units in '21, other 4 units are newer, all w/ Nest thermostats. Located on a huge 15k+ SF corner lot the site could also offer development potential & possible future assemblage scenario. All furniture, appliances & hot tub convey in current condition.
Listed by
Listing Agent - Josh Wein
Listing Office - HomeSmart
Source: ARMLS mls logo
MLS#6396943 • last updated 1 year ago
Movoto checked ARMLS for data 7 minutes ago
Overview
Cooling/AC Central Air, Ceiling Fan(s), Electric, Individual, 2 Or More Units
Heating Other, See Remarks, 2 Or More Units, Electric, Natural Gas
MLS # 6396943
Type Multiple Dwellings
Status Closed
Property Tax 2021
Year Built 1955
Interior
Flooring Concrete
Appliances Built-In Range, Refrigerator, Microwave, Washer/Dryer
Exterior
Roof Rolled/Hot Mop
Construction Painted, Stone, Block
Parking 1 Space/Unit, On Street
# of Open Parking Spaces 6
Amenities / Utilities
Water Source Master Meter, City Franchise
Sewer/Septic Public Sewer
Location
Subdivision NORTH TEMPE
Community Features Golf, Other, Barbecue, Play Area, Heated Spa(s), No Pool
Elementary School District Tempe Elementary School District
High School District Tempe Union High School District
APN 132-12-142-A
Zoning R-2
Directions Take Scottsdale Rd To Tempe Drive. Go East, Property Is On The South Corner.
Multifamily Details
Total # of Units 6
Expense: Operating 49266.17
Financial Data Source Owner
Expense: Insurance 2342
Net Operating Income 102330.91
Gross Income 151597.08
Expense: Electric 6714.24
Expense: Fuel 1268.55
Expense: Other 2342
Expense: Professional Management 32150.16
Expense: Water/Sewer 1628.22
Gross Scheduled Income 151597.08
Expense: Gardener 500
We are not permitted to show value estimates for this property.
  • Sep 2023
    mls logo MLS # 6396943
  • Sep 28, 2023 Sold
    $1,400,000
  • Aug 4, 2023 Pending
    —
  • Apr 25, 2023 Price Change
    $1,600,000 (-3.0%)
  • Mar 19, 2023 Price Change
    $1,649,000 (-3.0%)
  • Mar 7, 2023 Price Change
    $1,700,000 (-2.9%)
  • Feb 23, 2023 Price Change
    $1,750,000 (-10.2%)
  • Jan 16, 2023 Price Change
    $1,949,000 (-2.5%)
  • Oct 14, 2022 Price Change
    $1,999,000
  • Sep 20, 2022 Price Change
    $1,999,500 (-2.5%)
  • Aug 21, 2022 Price Change
    $2,050,000 (-2.3%)
  • Aug 12, 2022 Price Change
    $2,099,000 (-4.5%)
  • Jul 13, 2022 Price Change
    $2,199,000 (-2.3%)
  • Jun 11, 2022 Price Change
    $2,249,900
  • May 31, 2022 Listed
    $2,250,000 (+177.8%)
  • May 10, 2022 Listed
    —
  • Sep 2023
    Public Records
  • Sep 27, 2023 Sold
    $1,400,000 (-12.5%)
  • Aug 2021
    Public Records
  • Aug 16, 2021 Sold
    $810,000 (-9.5%)
  • Apr 2021
    mls logo MLS # 6191254
  • Apr 19, 2021 Price Change
    $895,000 (-2.2%)
  • Feb 7, 2021 Listed
    $915,000 (+18.8%)
  • Mar 2020
    Public Records
  • Mar 13, 2020 Sold
    $770,000
  • Mar 2020
    mls logo MLS # 6015497
  • Mar 13, 2020 Sold
    $770,000 (+420.3%)
  • Nov 2011
    Public Records
  • Nov 10, 2011 Sold
    $148,000 (-50.7%)
  • Dec 2006
    Public Records
  • Dec 5, 2006 Sold
    $300,000 (-20.8%)
  • May 2004
    Public Records
  • May 7, 2004 Sold
    $379,000
  • Year Property taxes Tax assessment
  • 2022
    $2,342 -0.7%
    $93,330 +87.52%
  • 2021
    $2,358 +3.1%
    $49,770 +21.36%
  • 2020
    $2,287
    $41,010
  • 1019 E Tempe Dr
    $1.4M
  • Papago - North Tempe
    $524K -15% y/y
  • 85281
    $439K -8% y/y
  • Tempe
    $485K -2% y/y
No chart available
Statistics calculated by Movoto

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3/10
Cecil Shamley School
public Grades PK, K-8
Tempe School District
5/10
McClintock High School
public Grades 9-12
Tempe Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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