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1231 N Oleander Street, Tempe, AZ 85288

$1,200,000
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Active
BEDS0 BATHS MLS#6960414
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONNORTH TEMPE 2 SCHOOLTempe Union High School District
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Property Description

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.

1231 N Oleander Street | MLS# 6960414

This multi-family property located at 1231 N Oleander Street, Tempe, AZ 85288 is currently listed for sale with an asking price of $1,200,000. N Oleander Street is located within the Tempe Union High School District school district. Search Tempe real estate on leanne.arizonabest.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric,2 or More Units, Ceiling Fan(s
Heating: Electric
Roof Type: Foam
Taxes: $1,363
Year Built: 1958

Feature Descriptions

Community Features: No Pool
Days on Site: 114
Exterior: Block, Brick, Wood Frame, Painted
Parking: 1 Space/Unit, Paved, On Street, Assigned
Water: Individual Meter

Local Schools

High School: McClintock High School
Middle School: McKemy Academy of International Studies
Elementary School: Cecil Shamley School
School District: Tempe Union High School District

Listed By / Shown By

Listed By

Agency Name: Midland Real Estate Alliance
Agency Phone: 480-325-1411

Shown By

Agent Name: Leanne King
Agent Phone: (480) 231-9197
Agency Title: Arizona Best Real Estate

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Estimated Payment

$ 3,134.26 per month $2,670.68 Principal & Interest $113.58 Property Tax $350.00 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/17/2026. The listing information on this page last changed on 04/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/17/2026 12:56:10 AM EST) or ARMLS (last updated Thu 04/16/2026 11:07:32 PM EST). Real estate listings held by brokerage firms other than Arizona Best Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.


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