1231 E Tempe Dr, Tempe, AZ 85281
OFF MARKET

1231 E Tempe Dr
Tempe, AZ 85281

East Rio
  • Studio
  • 1,836 sqft

$518,900

Trulia Estimate
as of Jun 26, 2026
Est. Refi. Payment $2,862/mo*
Refinance Your Home

$518,900

Trulia Estimate
as of Jun 26, 2026
Est. Refi. Payment $2,862/mo*
Refinance Your Home
Studio
1,836 sqft

Local Information

  • Map ViewExplore the area around 1231 E Tempe Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Buyer couldn't perform! Priced at appraised value! Their loss is your opportunity to add this Tempe Duplex to your investment portfolio. Below market rents. Excellent north Tempe location near ASU, 202 freeway,Tempe Town Lakes and Downtown Scottsdale. The unit mix consists of large, 918 sq ft units with 2 bedrooms, 1 bath. Both units have newer 2016 HVAC units, new roof 2018 and are individually metered with private fenced yards. Washer and Dryer are also included for each unit. Fully leased with long term tenants. Do Not walk the property. Do Not speak to tenants. Drive by only.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 1231 E Tempe Dr

Interior Features

Heating & Cooling
Heating: Heat Pump, ElectricCooling System: CentralHeating Fuel: Heat Pump
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet
Appliances & Utilities
Dishwasher
Fireplace & Spa
Fireplace
Security
Security System

Exterior Features

Exterior Home Features
Roof: Composition, Shake ShingleExterior: Stucco

Property Information

Year Built
Year Built: 1979Year Updated: 1979
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Community

Units in Building: 2

Lot Information

Lot Area: 7281 sqft

Price History for 1231 E Tempe Dr

DatePriceEventSource
10/26/2018$279,000Sold
ARMLS #5797768
09/21/2018$279,500PendingAgent Provided
09/17/2018$279,500PendingToActiveAgent Provided
08/28/2018$279,500PendingAgent Provided
07/25/2018$279,500Listed For SaleAgent Provided
08/21/2009$155,000Sold
ARMLS #4133458
12/18/2008$144,500Sold
N/A
10/12/2005$270,000Sold
N/A
10/16/2002$128,000Sold
N/A

Market trends in Tempe

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$458K
$7KMoM
Sale-to-List Price
98.3%
Price per sq ft
$289
$1MoM
Available listings
535
14MoM
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Property Tax and Assessment

Year2025
Tax$1,457
Assessment$534,800
Home facts updated by county records

Comparable Sales for 1231 E Tempe Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1312 N HAROLD Street, Tempe, AZ
0.21
Multi-Family Home
$485,000
08/08/25
2
2
-
1127 N Harold Street, Tempe, AZ
0.16
Multi-Family Home
$539,000
08/19/25
4
2
1,356
1909 N 72nd Place, Scottsdale, AZ
1.89
Multi-Family Home
$800,000
02/06/26
2
1
1,820
401 W 5th St, Tempe, AZ
1.86
Multi-Family Home
$700,000
06/01/26
-
2,148
105 S HARDY Drive, Tempe, AZ
2.10
Multi-Family Home
$675,000
03/23/26
4
4
1,928
1411 S BONARDEN Lane, Tempe, AZ
2.05
Multi-Family Home
$700,000
08/15/25
4
1
1,440
1413 S JENTILLY Lane, Tempe, AZ
2.07
Multi-Family Home
$715,000
11/26/25
4
1
1,540
914 S Kenwood Cir, Tempe, AZ
1.90
Multi-Family Home
$900,000
06/05/26
-
500
1118 S MCCLINTOCK Drive, Tempe, AZ
1.85
Multi-Family Home
$600,000
08/06/25
4
4
1,452
2402 E 5th St, Tempe, AZ
2.16
Multi-Family Home
$395,000
09/05/25
2
2
1,105

Nearby homes

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Assigned Schools

These are the assigned schools for 1231 E Tempe Dr.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

East Rio
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about East Rio

  • Kjm
    "Quiet area, close to campus but with affordable homes. Close to the airport, Mill Ave and downtown Scottsdale"
    1
    Flag
  • Zannadead
    "I never use the bus lines, but there is a lot of em and the light rail as well. I only drive 2 min for my work commute, but who can tolerate walking or biking in the ridiculous, bike, unholy heat?"
    0
    Flag

LGBTQ Local Legal Protections

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Homes for sale near 1231 E Tempe Dr

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Off Market Homes Near 1231 E Tempe Dr

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1231 E Tempe Dr, Tempe, AZ 85281 is a studio, 1,836 sqft multi-family built in 1979. 1231 E Tempe Dr is located in East Rio, Tempe. This property is not currently available for sale. 1231 E Tempe Dr was last sold on Oct 26, 2018 for $279,000. The current Trulia Estimate for 1231 E Tempe Dr is $518,900.