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Sold on 11/18/2021

1705 E 12th St, Tempe, AZ 85281

$480,000

Last sold 11/18/2021 after 67 Days

  • 4

    bed

  • 2

    bath

Multi-family not for sale
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About 1705 E 12th St

Property type Multi-family
Neighborhood
Year built 1971
HOA fee $0/month
Rental estimate
Property description
Rare opportunity! Duplex Income Property in the Apache Light Rail Corridor flush with new development. Two blocks from expanding Valley Metro light rail system. Historic Borden Homes neighborhood. Close to ASU Main Campus, Tempe Marketplace, Mill Avenue District, Town Lake, Loops 101/202, etc. Each 2 BED 1 BATH unit is updated with modern finishes and tile flooring, dual pane windows, new HVAC in unit B, private patios. See attached list of purchases and dates. Units were previous furnished vacation rentals for 7 yrs. Interior shots are from the most recent vacant lease listing. Low property tax. No HOA. Property management in place. Drive by only. Do not disturb occupants. Viewing only after contract acceptance. FULLY occupied at $1200 per unit. Buyer to verify Facts and Figures. Act now! Zoning R1-6 but originally developed as a DUPLEX, permitted for LEGAL NON-CONFORMING USE.
Listed by
Listing Agent - Christine Hartman
Listing Agent Contact: 4804031254
Listing Office - HomeSmart
Source: ARMLS mls logo
MLS#6293554 • last updated 3 weeks ago
Movoto checked ARMLS for data 2 minutes ago
Overview
Cooling/AC Central Air, Electric, Heat Pump, 2 Or More Units
Heating Heat Pump, Electric
MLS # 6293554
Type Multiple Dwellings
Status Closed
Property Tax 1237
Year Built 1971
Interior
Total # of Bathrooms 2
Total # of Bedrooms 4
Flooring Ceramic Tile
Appliances Free-Standing Range, Disposal, Dishwasher, Refrigerator, Washer/Dryer
Exterior
Roof Composition
Construction Stucco, Block
Parking <1 Space Per Unit, On Street
# of Open Parking Spaces 2
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision BORDEN HOMES
Community Features No Pool
Elementary School Cecil Shamley School
Elementary School District Tempe Elementary School District
Middle School McKemy Middle School
High School District Tempe Union High School District
High School McClintock High School
APN 132-61-071
Zoning R1-6
Directions Go West On Apache. Turn North On Una-Butte. At The Fork, Turn East On Butte Then East On 12th St. Property Is The Westend Unit On The South Side. Drive By Only Thank You ˜º
Multifamily Details
Total # of Units 2
Expense: Operating 4258
Financial Data Source Owner
Expense: Maintenance 1007
Expense: Insurance 598
Net Operating Income 24579
Gross Income 28800
Expense: Water/Sewer 1416
Gross Scheduled Income 28800
Lot/ Land Details
Road Surface Asphalt
We are not permitted to show value estimates for this property.
  • Nov 2021
    mls logo MLS # 6293554
  • Nov 17, 2021 Sold
    $480,000 (+1.1%)
  • Sep 20, 2021 Pending
    —
  • Sep 15, 2021 Listed
    $475,000
  • Year Property taxes Tax assessment
  • 2024
    $1,296 +1.2%
    $45,380 -3.08%
  • 2023
    $1,281 +4.3%
    $46,820 +5.19%
  • 2022
    $1,228 -0.7%
    $44,510 +44.61%
  • 2021
    $1,237 +3.1%
    $30,780 +14.77%
  • 2020
    $1,199 +1.9%
    $26,820 +11.98%
  • 2019
    $1,176 +2.5%
    $23,950 +22.19%
  • 2018
    $1,147 +3.1%
    $19,600 +4.76%
  • 2017
    $1,113 +0.7%
    $18,710 +20.09%
  • 2016
    $1,105 +4.1%
    $15,580
  • 2015
    $1,062
    —
  • 1705 E 12th St
    $480K
  • Apache
    $357K -6% y/y
  • 85281
    $429K -10% y/y
  • Tempe
    $490K -1% 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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