Active

405 S PRIEST Drive

Tempe AZ, 85281

$1,595,000


Active

Other

Built in 1961

Priest 8! Rare chance to own 8 garden-style units in booming Tempe! TWO PARCELS - TWO WATER METERS. Sale includes two fourplexes, which are on separate lots allowing for residential financing. MUST BE SOLD TOGETHER. Total of 13.461 SQFT lot square footage on highly desirable Priest and 4th ST! R-4 Zoning. All units individually metered for electric and gas. Owner pays WST. 100% 1 bed/1 bath units. Ready for renovation - 4 units vacant - 4 units MTM under market rent and have been served notice to vacate by 4/30/24.

6686460

MLS ID

April 2, 2024

Listed

May 10, 2024

Updated

Map

405 S PRIEST Drive
Tempe AZ, 85281

Interior Features

Floor Description

Ceramic Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central A/C


Heating

Yes


Heating Description

Heat Pump

Exterior/Building Features

Roof

Composition


Sewer

Public Sewer

School Information

School District

Tempe Elementary School District

Other Property Details

Taxes

$1,930


Tax Frequency

Annually


Days on Market

15


Garage

No


Parking

Addl Parking Avail, Street Parking


Parking Total

8


View

No


County

Maricopa


Water Source

City Franchise


Pool

No


Zoning

R-4


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

4/17/2024

Price Change

$1,595,000

-1%

Courtesy of Gentry Real Estate, Grant Smith

Listing Contact: 623-432-4766 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kristal Parker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data Last Updated: 8:17 PM UTC, 5/10/2024.

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