This ''ASU OZ 15'' is located in an ''A'' location on the doorstep to ASU, the 5th largest U in the US. Now 100% vacant. Owner will deliver vacant or re-leased. 10% 2nd position carry or low LTV/market rate carry possible. R-4. Opportunity Zone. Lots: 32,500 sf (up to 40,000 sf). Value-add. Package includes: 1424, 1428, 1432, 1440 & 1446 S Stanley Pl. All 1 bed units are 506-525 sf , except 1432 (2450 sf 5 bed house). 9759 total sf. Assemblage price-$3,425,000. Or sold individually: 1424 & 1428 S Stanley: 4's. $775,000/4 or $1,550,000. 1432 S Stanley: $700,000. Huge 2450 sf 5 bed house w/ pool. Separately owned sf at 1436. Then 1440, 1442, 1444, 1446 A, B, C Stanley: 6 unit. $1,175,000. Close to a 7 CAP historical income performance.
For sale
Price increase: $2.7M (5/21)
$3,425,000
1424 S Stanley Pl, Tempe, AZ 85281
6beds
3baths
9,800sqft
Est.:
Multi Family
Built in 1960
-- sqft lot
$-- Zestimate®
$349/sqft
$-- HOA
What's special
- 120 days
- on Zillow |
- 424 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: July 28, 2025 at 10:36am
Listed by:
James C Stephens 602-672-3526,
Better Homes & Gardens Real Estate SJ Fowler
Source: ARMLS,MLS#: 6851166

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Other, See Remarks, Window/Wall Unit(s)
Cooling
- Wall/Window Unit(s), Electric
Appliances
- Included: Built-In Range, Free-Standing Range, Refrigerator
Features
- Flooring: Carpet, Ceramic Tile, Vinyl, Concrete
Interior area
- Total structure area: 9,800
- Total interior livable area: 9,800 sqft
Property
Parking
- Total spaces: 15
- Parking features: Paved, 1 Space/Unit
- Uncovered spaces: 15
Lot
- Size: 0.75 Acres
- Dimensions: 32,500
Details
- Parcel number: 13309064
- Zoning: Multi
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Block
- Roof: Other,Composition
Condition
- Year built: 1960
Utilities & green energy
- Electric: SRP, Individual Meter
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: Other, See Remarks, Barbecue, Pool
- Subdivision: STANLEY PLAT
Location
- Region: Tempe
Financial & listing details
- Price per square foot: $349/sqft
- Tax assessed value: $505,752
- Annual tax amount: $1,535
- Date on market: 4/11/2025
- Listing terms: Other (See Remarks),Conventional,1031 Exchange
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
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