1231 E Tempe Dr
Tempe, AZ 85281
East Rio
Studio
1,836 sqft
Studio
1,836 sqft
Homes for sale near 1231 E Tempe Dr
Midland Real Estate Alliance, ARMLS- AUCTION
- Keller Williams Realty Phoenix, ARMLS
- 0.36 ACRESMarcus & Millichap, ARMLS
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Apartments for Rent
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- PET FRIENDLY$1,729 - $3,339/moStudio-2 bd1-2 baThe Local Tempe Luxury Apartments | 750 S Ash Ave #8007,
Tempe, AZ 85281 - PET FRIENDLYTotal price$1,483 - $2,579/moStudio-2 bd1-2 baSmith & Rio | 1979 E Rio Salado Pkwy #3001,
Tempe, AZ 85288 - PET FRIENDLY
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- PET FRIENDLY
- PET FRIENDLY$1,221 - $2,250/moStudio-3 bd1-2 baBanyan On Washington | 5353 E Washington St #B506,
Phoenix, AZ 85034 - PET FRIENDLY
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Local Information
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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
No Info
Home Details for 1231 E Tempe Dr
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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 |
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Exterior Home Features Roof: Composition, Shake ShingleExterior: Stucco |
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Year Built Year Built: 1979Year Updated: 1979 |
Property Type / Style Property Type: Multi FamilyArchitecture: Other |
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Units in Building: 2 |
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Lot Area: 7281 sqft |
Price History for 1231 E Tempe Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 10/26/2018 | $279,000 | Sold | ARMLS #5797768 |
| 09/21/2018 | $279,500 | Pending | Agent Provided |
| 09/17/2018 | $279,500 | PendingToActive | Agent Provided |
| 08/28/2018 | $279,500 | Pending | Agent Provided |
| 07/25/2018 | $279,500 | Listed For Sale | Agent Provided |
| 08/21/2009 | $155,000 | Sold | ARMLS #4133458 |
| 12/18/2008 | $144,500 | Sold | N/A |
| 10/12/2005 | $270,000 | Sold | N/A |
| 10/16/2002 | $128,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| 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 |
|---|---|---|---|---|---|---|---|
0.05 | Multi-Family Home | $480,000 | 05/15/25 | 4 | 2 | 1,904 | |
0.21 | Multi-Family Home | $485,000 | 08/08/25 | 2 | 2 | - | |
0.16 | Multi-Family Home | $539,000 | 08/19/25 | 4 | 2 | 1,356 | |
1.89 | Multi-Family Home | $800,000 | 02/06/26 | 2 | 1 | 1,820 | |
2.10 | Multi-Family Home | $675,000 | 03/23/26 | 4 | 4 | 1,928 | |
2.05 | Multi-Family Home | $700,000 | 08/15/25 | 4 | 1 | 1,440 | |
2.07 | Multi-Family Home | $715,000 | 11/26/25 | 4 | 1 | 1,540 | |
1.85 | Multi-Family Home | $600,000 | 08/06/25 | 4 | 4 | 1,452 | |
2.16 | Multi-Family Home | $395,000 | 09/05/25 | 2 | 2 | 1,105 | |
2.52 | Multi-Family Home | $650,000 | 02/23/26 | 5 | 3 | 2,106 |
Assigned Schools
These are the assigned schools for 1231 E Tempe Dr.
- Cecil Shamley School
- PK-8
- Public
- 404 Students
4/10GreatSchools RatingParent Rating AverageAdministration and teachers have been supportive and collaborative in my kids education.Parent Review2y ago - McClintock High School
- 9-12
- Public
- 1777 Students
8/10GreatSchools RatingParent Rating AverageMost of the teachers are amazing. However, Molly Sadler in the administration is tearing the school to the ground. Her attitude towards students and parents is disgusting. Once she has a single encounter with a student she goes out of her way to find reasons to pull them out of class to discipline them. She makes comments on female students bodies. She is inappropriate and rude. She is disruptive to the learning environment that the teachers are trying to provide.Parent Review2y ago 
Check out schools near 1231 E Tempe Dr.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about East Rio
LGBTQ Local Legal Protections
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Homes for rent near 1231 E Tempe Dr
- PET FRIENDLY
- PET FRIENDLY
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Off Market Homes Near 1231 E Tempe Dr
- SOLDMAY 11, 2026My Home Group Real Estate, ARMLS
- SOLDMAY 11, 2026LPT Realty, LLC, ARMLS
- SOLDMAY 8, 2026Stockbridge Real Estate, ARMLS
- SOLDMAY 8, 2026Maplewood Homes, ARMLS
- SOLDMAY 8, 2026REI Marketing, ARMLS
- SOLDMAY 8, 2026Highland Real Estate, ARMLS
- SOLDMAY 8, 2026HomeSmart, ARMLS
- SOLDMAY 8, 2026Investar Real Estate Specialists, ARMLS
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Explore by feature
SPECIAL OFFERPET FRIENDLYTotal price$1,483 - $2,579/moStudio-2 bd1-2 baSmith & Rio | 1979 E Rio Salado Pkwy #3001,
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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 $503,000.