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Sold for $1,125,000
Sold for $1,125,000
1231 N Oleander St Tempe, AZ 85288
$1,125,000
CLOSEDBeds
Baths
0
Sqft
Year
1958
Close Date
Jul 3, 2026
Property Type
Multiple Dwellings
Sub Type
Date Listed
Dec 23, 2025
Description of 1231 N Oleander St, Tempe, AZ 85288
Listing details for 1231 N Oleander St, Tempe, AZ 85288 : 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.
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Listing Updated : 10-01-2026 at 6:24 AM MST
Listing Provided By : Dalen M Linnerson, 480-347-5186, Midland Real Estate Alliance
Properties displayed may be listed or sold by various participants in the MLS
Source :
ARMLS, MLS#: 6960414
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Property Details
Property Overview
Listing Price
$1,200,000
MLS #ID
6960414
Close Price
$1,125,000
Close Date
Jul 3, 2026
Bedrooms
Bathrooms
0
Square Footage
Year
1958
Days on Site
297 Days
Property Type
Multiple Dwellings
Property Sub Type
Price per Sq Ft
$0
Date Listed
Dec 23, 2025
Location
Street Address
1231 N Oleander St
City
State
Arizona
ZIP Code
County
Neighborhood / Subdivision
Driving Directions
South on Miller to Tempe Dr. West to Oleander
Schools
Elementary School
Middle School
High School
School District
Construction / Architecture
Year Built
1958
Construction Materials
Wood Frame, Painted, Block and Brick
Roof
Foam
New Construction
No
Price per Sq Ft
$0
Lot Dimensions
7,070 SF
Interior Details
Flooring
Vinyl
Fireplace
No
Heating
Electric
Cooling
Central Air, Ceiling Fan(s), Electric and 2 or More Units
Exterior Details
Garage
No
Parking Features
Paved, Assigned, 1 Space/Unit and On Street
Fencing
None
Water Source
Individual Meter
Sewer
Public Sewer
Community Features
No Pool
Taxes, HOA & Financing
HOA Fee Includes
None
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Property History
DateEventPrice
7/3/2026
Sold
$1,125,000 -6.2%
Source:ARMLS #6960414
ARMLS #6960414 5/26/2026
Pending sale
$1,200,000 -7.3%
Source:ARMLS #6960414
ARMLS #6960414 12/23/2025
Listed for sale
$1,295,000
Source:ARMLS #6960414
ARMLS #6960414Location of 1231 N Oleander St, Tempe, AZ 85288
Streetview of 1231 N Oleander St, Tempe, AZ 85288
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