1244 N Rose Street, Tempe, AZ 85288
- $950,000
- List Price
- $950,000
- Days on Market
- 96
- Status
- ACTIVE
- MLS#
- 7017730
- City
- Tempe
- Subdivision
- North Tempe 2
- Year Built
- 1969
Property Description
Fully renovated 3-unit income property offered as part of a rare five-unit residential compound spanning two adjacent parcels. This parcel includes one single-family residence plus a duplex for a total of three units, consisting of two 2-bedroom/1-bath units and one 3-bedroom/2-bath unit.Extensive upgrades completed throughout, including new HVAC systems, new roofs, all new electrical panels, new windows, and fully renovated interiors, providing a turnkey, low-capex asset. Property is adjacent to 1248 E Harry St, a separately parceled duplex. Together, both parcels function as a cohesive five-unit investment. Seller strongly prefers a concurrent sale of both parcels, though each is offered individually. There may be future development or density potential. Buyer to conduct due diligence.
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Additional Information
- Elementary School
- Cecil Shamley School
- High School
- Tempe High School
- Middle School
- Cecil Shamley School
- Community Features
- No Pool
- Construction
- Block, Wood Frame, Painted, Siding
- Cooling
- Central Air, 2 or More Units, Ceiling Fan(s)
- Electric
- SRP
- Flooring
- Ceramic Tile
- Heating
- Zoned, Central
- New Financing
- Cash, VA Loan, FHA, Conventional
- Parking Features
- >1 Space Per Unit
- Roofing
- Composition, Foam
- Subdivision
- North Tempe 2
- Taxes
- $1,581
- Tax Year
- 2025
- Tenant Pays
- Water, Sewer, Electricity, Gas, Trash Collection, Cable TV
- Units
- 3
- Water
- City Franchise
- Zoning
- R-2
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Listing courtesy of Gentry Real Estate.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.