1259 E TEMPE Drive
Tempe, AZ 85288
East Rio- 4 Beds
- 2 Baths
- 1,904 sqft
4 Beds
2 Baths
1,904 sqft
Local Information
-- mins to
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!
Home Details for 1259 E TEMPE Drive
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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 |
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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 |
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Cumulative Days on Market: 6 |
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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 |
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Price List Price: $395,000 |
Status Change & Dates Off Market Date: Mon Mar 03 2025 |
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MLS Status: Closed |
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Direction & Address City: TempeCommunity: NORTH TEMPE 3 |
School Information High School District: Tempe Union High School District |
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Building Area Building Area: 1904 Square Feet |
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Community Features: No Pool |
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Lot Area: 7906 sqft |
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Listing Terms: Conventional, FHA, VA Loan |
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Business Information Ownership: Fee Simple |
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Owner Pays: See Remarks |
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Mls Number: 6826010 |
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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
| Date | Price | Event | Source |
|---|---|---|---|
| 05/15/2025 | $480,000 | Sold | ARMLS #6826010 |
| 03/04/2025 | $395,000 | Pending | ARMLS #6826010 |
| 02/25/2025 | $395,000 | Listed For Sale | ARMLS #6826010 |
Market trends in Tempe
Last updated June 2026
Avg. sale price
$463K
$5KMoM
Sale-to-List Price
98.5%
0.1%MoM
Price per sq ft
$291
$2MoM
Available listings
550
13MoM
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
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1259 E TEMPE Drive.
What Locals Say about East Rio
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Apartments for Rent
Homes for sale near 1259 E TEMPE Drive
Off Market Homes Near 1259 E TEMPE Drive
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.


