$155,000
Tempe, AZ 85281
MLS# 5115829
Status: Closed
4 beds | 2 baths
1 / 10
Property Description
GREAT INVESTMENT OPPORTUNITY IN THE HIGHLY DESIRED TOWN OF TEMPE AND CLOSE TO ASU. BOTH UNITS ARE CURRENTLY RENTED, ONE UNIT FOR $650/MO AND THE TENANT PAYS $1,950 QUARTERLY. THE SECOND UNIT IS RENTED FOR $600/MO AND IS CREDITED $35/MO BECAUSE HE MAINTAINS THE LOT. BOTH UNITS ARE 2 BEDROOM 1 BATH. THE ROOF WAS RECENTLY COATED.
Details
Maps
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Sold Price: $155,000
Status: Closed
Current Price: $155,000
List Date: 2014-05-14
Location, Tax & Legal
Assessor's Map #: 64
Legal Description (Abbrev): MALARAN PARK 2
Assessor's Parcel #: 23
Assessor Parcel Ltr: A
Tax Municipality: Tempe
Taxes: 664
Map Code/Grid: R37
House Number: 1958
Compass: E
Street Name: 10TH
St Suffix: Street
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 7782
County Code: Maricopa
Assessor Number: 132-64-023-A
Subdivision: MALARAN PARK 2
Tax Year: 2013
General Property Description
Dwelling Styles: Attached
# of Interior Levels: 1
Approx SQFT: 1344
Price/SqFt: 115.33
Approx Lot SqFt: 4830
Horses: N
Builder Name: UNKNOWN
Elementary School District: Tempe Elementary School District
High School District: Tempe Union High School District
Elementary School: Flora Thew Elementary School
Jr. High School: Connolly Middle School
High School: McClintock High School
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: No
Dwelling Type: Apartment
Exterior Stories: 1
# Bedrooms: 4
Total Bathrooms: 2
Year Built: 1962
Legal Info
Range: 4E
Section: 24
Township: 1N
Lot Number: 4
Special Listing Cond
N/A: 1
Construction
Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Pmt & Rate Info
Down Payment: 0
Total Asum Mnth Pmts: 0
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 0
Cap Improvement/Impact Fee $/%: $
Cap Improvement/Impact Fee 2: 0
Cap Improvement/Impact Fee 2 $/%: $
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Rec Center Fee 2 Y/N: N
Ttl Mthly Fee Equiv: 0
Architecture
Other: 1
Building Style
2-3-4 Plex: 1
Master Bathroom
None: 1
Flooring
Carpet: 1
Tile: 1
Dining Area
Eat-in Kitchen: 1
Heating
Electric: 1
Kitchen Features
Gas Oven: 1
Gas Range: 1
Cooling
Central Air: 1
Laundry
Washer Hookup: 1
Inside: 1
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: N
Fencing
None: 1
Water Source
City Water: 1
Exterior Features
Patio: 1
Spa
None: 1
Sewer
Sewer - Public: 1
Sewer-In & Connected: 1
Parking Spaces
Slab Parking Spaces: 3
Total Covered Spaces: 1
Carport Spaces: 1
New Financing
Cash: 1
Conventional: 1
Utilities
SRP: 1
SW Gas: 1
Existing 1st Loan
Treat as Free&Clear: 1
Landscaping
Gravel/Stone Front: 1
Services
City Services: 1
Disclosures
Seller Discl Avail: 1
Agency Discl Req: 1
Possession
Subject To Tenant Rights: 1
Association Fee Incl
No Fees: 1
Assoc Rules/Info
None: 1
Sold Info
Loan Type: FHA
Loan Years: 30
Closing Cost Split: Seller Assist - A
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: %
Seller Concession to Buyer: 3.5
Seller Concession $/%: %
Remarks Misc
Cross Street: McCLINTOCK & UNIVERSITY
Directions: EAST ON UNIVERSITY TO SMITH, SOUTH ON SMITH TO 10TH ST, WEST TO PROPERTY **DO NOT DISTURB THE TENANTS**
Geo Lat: 33.41948
Geo Lon: -111.901511
Status Change Info
Off Market Date: 2014-09-28
Under Contract Date: 2014-09-27
Close of Escrow Date: 2014-11-06
Sold Price: $155,000
Property Features
Special Listing Cond: N/A
Architecture: Other
Building Style: 2-3-4 Plex
Master Bathroom: None
Flooring: Carpet; Tile
Spa: None
Dining Area: Eat-in Kitchen
Kitchen Features: Gas Oven; Gas Range
Laundry: Washer Hookup; Inside
Exterior Features: Patio
Construction: Block
Const - Finish: Painted
Roofing: Composition
Cooling: Central Air
Heating: Electric
Utilities: SRP; SW Gas
Water Source: City Water
Sewer: Sewer - Public; Sewer-In & Connected
Services: City Services
Fencing: None
Landscaping: Gravel/Stone Front
Possession: Subject To Tenant Rights
Association Fee Incl: No Fees
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional
Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office: West USA Realty
Last Updated: December - 25 - 2025
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