1019 E Tempe Drive, Tempe, AZ 85281

$1,400,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$1,400,000
List Price
$1,600,000
Closing Date
Sep 27, 2023
Days on Market
451
Status
CLOSED
MLS#
6396943
City
Tempe
Subdivision
North Tempe
Year Built
1955

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.

Additional Information

School District
Tempe Union High School District
Community Features
Golf, Other, Barbecue, Play Area, Heated Spa(s), No Pool
Construction
Painted, Stone, Block
Cooling
Central Air, Ceiling Fan(s), Electric, Individual, 2 or More Units
Electric
APS, Individual Meter
Flooring
Concrete
Heating
Other, See Remarks, 2 or More Units, Electric, Natural Gas
New Financing
Conventional, 1031 Exchange
Parking Features
1 Space/Unit, On Street
Roofing
Rolled/Hot Mop
Sewer
Public Sewer
Subdivision
North Tempe
Taxes
$2,021
Tax Year
2358
Units
6
Water
Master Meter, City Franchise
Zoning
R-2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of HomeSmart. Selling Office: HomeSmart.

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.