1259 E TEMPE Drive, Tempe, AZ 85288
Property image
Property image
OFF MARKET

1259 E TEMPE Drive
Tempe, AZ 85288

East Rio
  • 4 Beds
  • 2 Baths
  • 1,904 sqft

$474,800

Trulia Estimate
as of Aug 8, 2026
Est. Refi. Payment $2,673/mo*

$474,800

Trulia Estimate
as of Aug 8, 2026
Est. Refi. Payment $2,673/mo*
4 Beds
2 Baths
1,904 sqft

Local Information

  • Map ViewExplore the area around 1259 E TEMPE Drive.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1958
Living Area
1,904 sqft
Price/Sqft
$249
Parking
5 Open Spaces

About this House

Great investment opportunity in Tempe! This duplex, built in 1958, sits on a 7,880 sqft lot and features two spacious 952 sqft units, each with 2 bedrooms and 1 bathroom. Perfect for investors or owner-occupants looking for rental income. The property offers ample lot space and is conveniently located near shopping, dining, and freeway access. Don't miss this chance to own a versatile income-producing property in a prime location!
1259 E TEMPE Drive, Tempe, AZ 85288 is a 4 bedroom, 2 bathroom, 1,904 sqft multi-family in East Rio, built in 1958. It last sold for $480,000 on May 15, 2025 (22% above the $395,000 asking price). It is currently off market. The Trulia Estimate is $474,800, with a rent estimate of $2,045/month.

Home Details for 1259 E TEMPE Drive

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2
Dimensions and Layout
Living Area: 1904 Square Feet
Appliances & Utilities
Appliances: Other
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Heat PumpHas HeatingHeating Fuel: Electric
Gas & Electric
Electric: APSHas Electric on Property
Windows, Doors, Floors & Walls
Flooring: Other
Levels, Entrance, & Accessibility
Floors: Other

Exterior Features

Exterior Home Features
Roof: Composition
Parking & Garage
Open Parking Spaces: 5No CarportNo GarageHas Open ParkingParking Spaces: 5Parking: >1 Space Per Unit,On Street
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 6

Property Information

Year Built
Year Built: 1958
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Painted, Block
Property Information
Parcel Number: 13213107

Price & Status

Price
List Price: $395,000
Status Change & Dates
Off Market Date: Mon Mar 03 2025

Active Status

MLS Status: Closed

Location

Direction & Address
City: TempeCommunity: NORTH TEMPE 3
School Information
High School District: Tempe Union High School District

Building

Building Area
Building Area: 1904 Square Feet

Community

Community Features: No Pool

Lot Information

Lot Area: 7906 sqft

Offer

Listing Terms: Conventional, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple

Rental Terms, Policies & Fees

Owner Pays: See Remarks

Miscellaneous

Mls Number: 6826010

Additional Information

No Pool
Last check for updates: about 19 hours ago
Listed by James Diller
Real Broker
Bought with: Andrea L Webb, (480) 620-4859, ProSmart Realty
Source: ARMLS, MLS#6826010
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Price History for 1259 E TEMPE Drive

DatePriceEventSource
05/15/2025$480,000Sold
ARMLS #6826010
03/04/2025$395,000PendingARMLS #6826010
02/25/2025$395,000Listed For SaleARMLS #6826010

Market trends in Tempe

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$463K
$5K
MoM
Sale-to-List Price
98.5%
0.1%
MoM
Price per sq ft
$291
$2
MoM
Available listings
550
13
MoM
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Comparable Sales for 1259 E TEMPE Drive

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.21
Multi-Family Home
$539,000
08/19/25
4
2
1,356
0.04
Multi-Family Home
$1,125,000
07/03/26
9
5
3,290
2.15
Multi-Family Home
$675,000
03/23/26
4
4
1,928
2.06
Multi-Family Home
$700,000
08/15/25
4
1
1,440
2.09
Multi-Family Home
$715,000
11/26/25
4
1
1,540
2.55
Multi-Family Home
$650,000
02/23/26
5
3
2,106
2.57
Multi-Family Home
$800,000
09/30/25
6
2
2,800
2.57
Multi-Family Home
$650,000
01/22/26
4
4
2,596
1.92
Multi-Family Home
$1,400,000
05/28/26
8
1
4,400

Nearby homes

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Neighborhood Overview

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"
  • 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?"

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 1259 E TEMPE Drive

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Off Market Homes Near 1259 E TEMPE Drive

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Frequently asked questions about 1259 E TEMPE Drive

  • What is 1259 E TEMPE Drive estimated to be worth?
    Trulia's estimated value for 1259 E TEMPE Drive is $474,800.
  • What is the price history for 1259 E TEMPE Drive?
    1259 E TEMPE Drive last sold for $480,000 in May 2025.
  • Is Tempe a buyer's or seller's market?
    Tempe is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Tempe?
    The median sale price in Tempe is $463K. That is up $5K from the prior month.
  • Does 1259 E TEMPE Drive have air conditioning?
    Yes, 1259 E TEMPE Drive has air conditioning.
  • Does 1259 E TEMPE Drive have parking?
    Yes, 1259 E TEMPE Drive has on-site parking.