Back to Search
Overview
Location
Mortgage
Similar Homes
Sold for $1,070,600
Sold for $1,070,600
1211 W University Dr Tempe, AZ 85281
$1,070,600
CLOSEDBeds
Baths
0
Sqft
Year
1971
Close Date
Feb 28, 2020
Property Type
Multiple Dwellings
Sub Type
Date Listed
Nov 8, 2019
Description of 1211 W University Dr, Tempe, AZ 85281
Listing details for 1211 W University Dr, Tempe, AZ 85281 : Solid Cash Flow Tempe Apartment Building Generating $63,235 NOI - Ready for new owner. (Great 1031 Placement Option) Located within a mile of ASU, Mill Ave and Tempe Town Area. 4,405 sq ft of living space across 5 units.
Wholefoods just opened and area is bustling with new retail and development.
Property has consistently performed well and had major renovation in 2017. There is still room for ''value-add'' here to further increase rents to market – to increase cash flow and market value in this high growth area of Tempe.
First floor has a large 3bd/2bth apartment and a 2br/1bth apartment (cost per unit is not a viable measurement here).
Second floor, surrounding the sundeck are three 2bd/1bth apartments that are fully remodeled and work well for the property.
View More
Listing Updated : 04-29-2026 at 8:39 PM MST
Listing Provided By : Michael E Vallee, 602-687-7803, Weichert Realtors - Upraise
Properties displayed may be listed or sold by various participants in the MLS
Source :
ARMLS, MLS#: 6002855
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Property Details
Property Overview
Listing Price
$1,149,727
MLS #ID
6002855
Close Price
$1,070,600
Close Date
Feb 28, 2020
Bedrooms
Bathrooms
0
Square Footage
Year
1971
Days on Site
180 Days
Property Type
Multiple Dwellings
Property Sub Type
Price per Sq Ft
$0
Date Listed
Nov 8, 2019
Location
Street Address
1211 W University Dr
City
State
Arizona
ZIP Code
County
Neighborhood / Subdivision
Construction / Architecture
Year Built
1971
Construction Materials
Painted, Stucco, Frame - Wood and Slump Block
Roof
Composition
New Construction
No
Price per Sq Ft
$0
Lot Dimensions
74 x 104
Interior Details
Flooring
Vinyl
Fireplace
No
Heating
Individual, Heat Pump and Electric
Cooling
Ceiling Fan(s), Window/Wall Unit, Electric and Heat Pump
Exterior Details
Garage
No
Parking Features
Other (See Remarks), Add'l Parking Avail, >1 Space Per Unit and Common
Fencing
None
Water Source
City Franchise and Individual Meter
Sewer
Public Sewer
Community Features
No Pool
Taxes, HOA & Financing
HOA Fee Includes
None
Show More
Is this your home?
Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.
Is this your home?
Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.
Property History
DateEventPrice
2/28/2020
Sold
$1,070,600 -6.9%
Source:ARMLS #6002855
ARMLS #6002855 11/8/2019
Listed for sale
$1,149,727 +81.1%
Source:ARMLS #6002855
ARMLS #6002855 8/1/2017
Sold
$635,000 -5.8%
Source:ARMLS #5560613
ARMLS #5560613 2/9/2017
Listed for sale
$674,000
Source:ARMLS #5560613
ARMLS #5560613Location of 1211 W University Dr, Tempe, AZ 85281
Streetview of 1211 W University Dr, Tempe, AZ 85281
Mortgage Calculator
Schools Near 1211 W University Dr, Tempe, AZ 85281
Is this your home?
Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.
Homes Similar to 1211 W University Dr, Tempe, AZ 85281
$1,100,000
Active
2
Beds
2
Baths
1934
Sqft
0.04
Acres
140 E Rio Salado Pw #207, Tempe, AZ 85281
MLS#: 7059303
Sold Homes Similar to 1211 W University Dr, Tempe, AZ 85281
Sold on Aug 31, 2026
Sold on Jun 30, 2026
Sold on Jul 28, 2022
@ Copyright 2026, BlairBallin.com - Powered by AgentLoft