1231 N Oleander Street Tempe, AZ 85288

Active (102 Days)

$1,200,000 ^(USD)

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Description

Price Drop $95,000!! Turnkey 5-Unit Investment Near ASU & Old Town Scottsdale. Fully renovated in 2019 with near-zero vacancy in a high-demand rental market. Unit mix includes four 2BD/1BA units and one 1BD/1BA unit, each featuring updated interiors, vinyl flooring, modern cabinetry, granite countertops, dual-pane windows, new A/C systems, and upgraded security doors. Large private gated patios enhance tenant appeal. Low-maintenance asset offering stable cash flow and long-term appreciation potential.

MLS #:
6960414

Taxes
$1,363

Type
Multifamily

Year Built
1958

County
Maricopa County

Listed By

Dalen M Linnerson, Midland Real Estate Alliance

Source
Arizona Regional MLS
Last checked Apr 4 2026 at 1:09 PM GMT+0000

Bathroom Details

Heating and Cooling

Electric
Central Air
2 or More Units
Ceiling Fan(s)

Flooring

Vinyl

Exterior Features

Block
Painted
Brick
Wood Frame
Roof: Foam

Utility Information

Sewer: Public Sewer

School Information

Elementary School: Cecil Shamley School
Middle School: McKemy Academy of International Studies
High School: McClintock High School

Parking

Assigned
1 Space/Unit
On Street
Paved

Location

Map View | Street View

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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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