1244 N Rose Street, Tempe, AZ 85288

$950,000

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List Price
$950,000
Status
ACTIVE
Days on Market
116
MLS#
7017730
Subtype
Multiple Dwellings
Year Built
1969
Subdivision
North Tempe 2

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.

Additional Information

Taxes
$1,581
Zoning
R-2
Flooring
Ceramic Tile
Heating
Zoned, Central
Air Conditioning
Central Air, 2 or More Units, Ceiling Fan(s)
Exterior Construction
Block, Wood Frame, Painted, Siding
Parking Features
>1 Space Per Unit
Elementary School
Cecil Shamley School
Middle School
Cecil Shamley School
High School
Tempe High School

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Brett Borinstein (480-455-7611) from Listing Office: 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.