1231 E Tempe Dr, Tempe, AZ 85281
Property image
Property image
OFF MARKET

$525,000

Trulia Estimate
  • Studio
  • 1,836 sqft

1231 E Tempe Dr, Tempe, AZ 85281

East Rio
Est. Refi. Payment $3,133/mo*
Refinance Your Home
Currently Off Market - Sold Oct 26, 2018 for $279,000

Home Value

Trulia Estimate
$525K
Since last month
Increased$2K (+0.3%)
Since last year
Increased$46K (+9.6%)
Since last sale
Increased$247K (+88.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +117% in the last 10 years
MonthEstimated value
2026
September 2026$526K
August 2026$525K
July 2026$507K
June 2026$523K
May 2026$524K
April 2026$520K
March 2026$511K
February 2026$527K
January 2026$524K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1231 N OLEANDER Street, Tempe, AZ
0.04
Multi-Family Home
$1,125,000
07/03/26
9
5
3,290
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
8444 E CORONADO Road, Scottsdale, AZ
2.12
Multi-Family Home
$660,000
08/31/26
4
4
2,052
914 S Kenwood Cir, Tempe, AZ
1.90
Multi-Family Home
$900,000
06/05/26
-
500
508 S FARMER Avenue, Tempe, AZ
1.87
Multi-Family Home
$1,400,000
05/28/26
8
1
4,400
425 - 427 W 5TH Street W, Tempe, AZ
1.91
Multi-Family Home
$1,300,000
08/12/26
3
3
4,400
538 W 13TH Street #A, Tempe, AZ
2.52
Multi-Family Home
$650,000
02/23/26
5
3
2,106
2044 S FOREST Avenue, Tempe, AZ
2.68
Multi-Family Home
$425,000
03/13/26
4
2
1,700

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1231 N OLEANDER Street, Tempe, AZ 85281
0.04
$1,125,000
9
5
3,290
Recently Sold
1231 N OLEANDER Street #3, Tempe, AZ 85288
0.05
-
1
1
1,896
Off Market
1259 E TEMPE Drive, Tempe, AZ 85288
0.05
$468,000
4
2
1,904
Off Market
1125 N OLEANDER Street, Tempe, AZ 85288
0.05
$490,100
4
2
1,456
Off Market
1214 E HENRY Street, Tempe, AZ 85281
0.04
$499,000
3
2
1,200
For Sale
1056 N MILLER Road, Tempe, AZ 85281
0.06
$462,500
3
2.5
1,835
Off Market
1244 N MILLER Road, Tempe, AZ 85281
0.08
$639,200
4
1
1,620
Off Market
1270 E CURRY Road, Tempe, AZ 85288
0.09
$470,000
3
2.5
1,835
Recently Sold
1200 N MILLER Road #MB, Tempe, AZ 85281
0.10
-
-
-
-
Off Market
1276 E CURRY Road, Tempe, AZ 85288
0.10
$452,300
3
3
1,835
Off Market
1142 E TEMPE Drive, Tempe, AZ 85281
0.09
$598,000
3
2
1,512
Recently Sold
1252 E CURRY Road, Tempe, AZ 85288
0.10
$465,000
3
2.5
1,835
Recently Sold

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

Home Highlights

Multi-Family
Built in 1979
1,836 sqft
$286/sqft

About this House

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.
1231 E Tempe Dr, Tempe, AZ 85281 is a studio, 1,836 sqft multi-family in East Rio, built in 1979. It last sold for $279,000 on Oct 26, 2018. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $525,000, with a rent estimate of $1,257/month.

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 and Tax history

DateEventPrice
Oct 26, 2018
Source: ARMLS #5797768
Sold
$279,000
Sep 21, 2018
Source: Agent Provided
Pending
$279,500
Sep 17, 2018
Source: Agent Provided
PendingToActive
$279,500
Aug 28, 2018
Source: Agent Provided
Pending
$279,500
Jul 25, 2018
Source: Agent Provided
Listed For Sale
$279,500

Market trends in Tempe

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$461K
$1.5KMoM
Sale-to-List Price
98.3%
Price per sq ft
$289
$0MoM
Available listings
593
22MoM

Around this home

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

Frequently asked questions about 1231 E Tempe Dr

  • What is 1231 E Tempe Dr estimated to be worth?
    Trulia's estimated value for 1231 E Tempe Dr is $525,000.
  • What is the price history for 1231 E Tempe Dr?
    1231 E Tempe Dr last sold for $279,000 in October 2018.
  • Is Tempe a buyer's or seller's market?
    Tempe is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Tempe?
    The median sale price in Tempe is $461K. That is down $1.5K from the prior month.
  • Does 1231 E Tempe Dr have air conditioning?
    Yes, 1231 E Tempe Dr has air conditioning.

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