1224 S MAPLE Avenue A,B,C, Tempe, AZ 85281
$1,099,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$1,099,000
Last Modified:
1/14/2026
Description
Three separate detached units on the lot, LOCATION, LOCATION, LOCATION! Unique opportunity in desirable area of Tempe, walking distance ASU campus and downtown Tempe attractions. The main house is about 1800 square feet with 3 bedrooms 2 baths, second home (1224 1/2 Maple) is a 2 bedroom 2 bath, third (1224 3/4 Maple) is a 1 bedroom 1 bath with great room which could be turned into second bedroom. All units have been updated with flooring, baths and kitchen remodels. Alley access for the back units plus a drive through tandem garage and covered parking space.
More Information MLS# 6968160
Contract Info
Ownership: Fee Simple
Current Price: $1,099,000
List Price: $1,099,000
Status: Active
List Date: 2026-01-14
Location, Tax & Legal
Unit #: A,B,C
Assessor's Map #: 45
Legal Description (Abbrev): PARK TR
Assessor's Parcel #: 85
Add'l Parcels: No
Tax Municipality: Tempe
Census Tract: 319000
Taxes: 6060
Legal: PARK TR
Marketing Name: Park Tempe
House Number: 1224
Compass: S
Street Name: MAPLE
St Suffix: Avenue
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 5646
County Code: Maricopa
Subdivision: PARK TRACT
Assessor Number: 132-45-085
Tax Year: 2024
General Property Description
# of Buildings: 3
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 151 X 65.25
Total # of Units: 3
Elementary School District: Tempe School District
High School District: Tempe Union High School District
High School: Tempe High School
Year Built: 1950
Zoning: 0131
Legal Info
Range: 4E
Section: 22
Township: 1N
Block: 6
Lot Number: 13
Project Type
Tri-Plex: 1
Other Type
House + Rental Units: 1
Construction
Block: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Composition: 1
Floors
Carpet: 1
Other: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 6060
Other Income: 0
Vacancy Allowance: 0.14
Adjusted Gross Inc: 82560
Pmt & Rate Info
Cap Rate: 7.51
Equity: 1099000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Natural Gas: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
2 or More Units: 1
Exterior Amenities
Landscape Water System: 1
Partially Fenced: 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Tenant Pays
Gas: 1
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Landscaping: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Refrigerator: 1
W/D Hookup: 1
Road Access Type
Alley: 1
City Street: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Unknown: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Garage: 1
Carport: 1
>1 Space Per Unit: 1
Paved: 1
Garage Door Opener: 1
Electric
SRP: 1
Gas
SW Gas: 1
Owner Pays
None: 1
New Financing
Conventional: 1
No Carry: 1
1031 Exchange: 1
Existing 1st Loan
Conventional: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 1600
Avg SqFt: 600
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 2200
Avg SqFt: 1200
# Baths: 2
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 3500
Avg SqFt: 1800
# Baths: 2
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: 13th St & Mill Ave
Directions: West on 13th St / Right on Maple to home
Geo Lat: 33.415107
Geo Lon: -111.941525
Income Expenses
Gross Annual Sch Inc: 96000
Net Operating Income: 82560
Property Features
Project Type: Tri-Plex
Other Type: House + Rental Units
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Carpet; Other
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Landscape Water System; Partially Fenced
Interior Features: Unfurnished; Fire/Smoke Alarm(s)
Appliances Included: Refrigerator; Dishwasher; Disposal; W/D Hookup
Heating: Natural Gas
Cooling: Ceiling Fan(s); Central Air; 2 or More Units
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Parking Features: Garage; Carport; >1 Space Per Unit; Garage Door Opener; Paved
Road Access Type: Alley; City Street
Road Surface Type: Asphalt
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Cable TV; Landscaping
Source of Fincl Data: Unknown
Lockbox Type: None
Existing 1st Loan: Conventional
New Financing: Conventional; No Carry; 1031 Exchange
Environmental: None
Listing Office:
Realty Executives Arizona Territory
Last Updated: January - 14 - 2026
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