Tempe, AZ 85281,1324 E HALL Street
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Tempe, AZ 85281,1324 E HALL Street
Tempe, AZ 85281,1324 E HALL Street
Tempe, AZ 85281,1324 E HALL Street
Tempe, AZ 85281,1324 E HALL Street
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$ 749,000
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1324 E HALL Street Tempe, AZ 85281


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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Tomlinson Estates

MLS Listing ID 6919097

Year Built 1951

Annual Tax Amount $840

Tax Year 2024

Lot Dimensions 117.45 x 62.43

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

INVESTOR ALERT! Seize this rare, high-cash-flow opportunity in University Heights, Tempe's premier student housing corridor adjacent to Arizona State University (ASU).

This is a strategic Legal Duplex designed for maximum rental yield, offering two distinct income streams: a 1,200 sq ft, 3-bedroom, 1-bath main house, and a brand-new, detached 850 sq ft ADU.

This property is not just a rental; it is a meticulously designed income machine with an above average cap rate near 8%. Ideal for a dedicated student housing portfolio, flexible long-term rentals, or a savvy owner-occupant seeking substantial passive income.

Location

State AZ

County Maricopa

Community Tomlinson Estates

Area Maricopa

Zoning SFR

Direction Apache, N on Chief Jones Way, W on E Hall st

Interior

Heating Central, Electric, Natural Gas, Ceiling

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Concrete

Appliance Built-In Range, Disposal, Refrigerator, Microwave, W/D Hookup

Exterior

Parking Features Add'l Parking Avail, On Street, Carport

Community Features No Pool

Roof Type Composition,Built-Up

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

High Schools Tempe High School

School District Tempe Union High School District

Others

Senior Community No

Tax ID 132-62-050

Acceptable Financing Affordable Housing, Conventional, 1031 Exchange, FHA

Disclosures Boundary Survey Avlb, Seller Prop Disc Stm

Listing Terms Affordable Housing, Conventional, 1031 Exchange, FHA


Arizona Regional MLS (ARMLS)
Listed by The BrokerEDGE
SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Ward Traditional Academy

    Public | KG - 8

  • 9

    Fuller Elementary School

    Public | KG - 5

  • 8

    Hudson Elementary School

    Public | KG - 5

  • 7

    Tempe Academy of International Studies Mckemy Camp

    Public | 6 - 6

  • 7

    Broadmor Elementary School

    Public | KG - 5

  • 7

    Washington Elementary School

    Public | KG - 6

  • 5

    Carminati School

    Public | KG - 5

  • 5

    Laird Elementary School

    Public | KG - 8

  • 5

    Yavapai Elementary School

    Public | PK - 6

  • 5

    Arredondo Elementary School

    Public | KG - 5

  • 5

    Imagine Tempe

    Public | KG - 8

  • 5

    Curry Elementary School

    Public | KG - 5

  • 4

    Scales Technology Academy

    Public | KG - 5

  • 4

    Roosevelt Elementary School

    Public | PK - 6

  • 4

    Webster Elementary School

    Public | PK - 6

  • 2

    Holdeman Elementary School

    Public | PK - 5

  • 2

    Flora Thew Elementary School

    Public | KG - 6

  • 1

    Children First Academy - Tempe

    Public | KG - 8

  • 0

    Getz School

    Public | PK - 12

  • 0

    Emmanuel Lutheran School

    Private | PK - 8

Middle Schools 8
  • 9

    Tempe Preparatory Academy

    Public | 7 - 12

  • 5

    Connolly Middle School

    Public | 6 - 8

  • 4

    Gililland Middle School

    Public | 6 - 8

  • 4

    Rhodes Junior High School

    Public | 7 - 9

  • 1

    Edoptions High School

    Public | 7 - 12

  • 0

    Supai Middle School

    Public | 6 - 8

  • 0

    New School for the Arts Middle School

    Public | 6 - 8

  • 0

    The New Foundation-Marion Burton School

    Private | 6 - 12

High Schools 13
  • 7

    McClintock High School

    Public | 9 - 12

  • 5

    Tempe High School

    Public | 9 - 12

  • 5

    New School for the Arts

    Public | 9 - 12

  • 2

    Edoptions Aoi Program

    Public | 9 - 12

  • 1

    Student Choice High School

    Public | 9 - 12

  • 1

    Kaizen Education Foundation Dba Quest High School

    Public | 9 - 12

  • 0

    Evit - Tempe High School

    Public | 9 - 12

  • 0

    International Commerce High School - Tempe

    Public | 9 - 12

  • 0

    Humanities and Science High School - Tempe

    Public | 9 - 12

  • 0

    Humanities and Sciences Academy Arizona

    Public | 9 - 12

  • 0

    Pinnacle Virtual High School

    Public | 9 - 12

  • 0

    Evit - Mcclintock High School

    Public | 9 - 12

  • 0

    Evit - Rhodes Junior High School

    Public | 9 - 9

School and business data provided by Attom Data.

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Don Junior Queen

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+1(928) 592-3771 | junior@mountainhometeamaz.com

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1324 E HALL Street