1248 E Harry Street, Tempe, AZ 85288

$700,000

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List Price
$700,000
Days on Market
182
Status
ACTIVE
MLS#
6974899
City
Tempe
Subdivision
North Tempe 2
Year Built
1969

Property Description

Turnkey duplex offered as part of a five-unit residential compound across two adjacent parcels in central Tempe. The duplex features two 2-bedroom/1-bath units with functional layouts and strong long-term rental appeal. The property has been fully renovated, including new HVAC, new roof, new electrical panels, new windows, and updated interiors throughout, offering stable operations and minimal near-term capital needs. Directly adjacent to 1244 N Rose St, which includes three additional units. Together, the parcels operate as a single five-unit investment opportunity. Seller strongly prefers a concurrent sale of both parcels, though parcels are listed separately. Site may offer future development upside. Buyer to verify zoning, density, and development feasibility independently.

Additional Information

Elementary School
Tempe Elementary Online Community
High School
Tempe High School
Middle School
Tempe Elementary Online Community
Community Features
No Pool
Construction
Block, Painted, Stucco
Cooling
Central Air
Electric
APS
Heating
Natural Gas
New Financing
Cash, VA Loan, FHA, Conventional
Parking Features
Open, >1 Space Per Unit, Off Street
Roofing
Rolled/Hot Mop
Subdivision
North Tempe 2
Taxes
$1,583
Tax Year
2025
Tenant Pays
Water, Sewer, Electricity, Gas, Trash Collection, Cable TV
Units
2
Water
City Franchise
Zoning
R-2

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Gentry Real Estate.

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