607 W 15TH Street, Tempe, AZ 85281
607 W 15TH Street, Tempe, AZ 85281
607 W 15TH Street, Tempe, AZ 85281
607 W 15TH Street, Tempe, AZ 85281
607 W 15TH Street, Tempe, AZ 85281
607 W 15TH Street, Tempe, AZ 85281
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$ 585,000
Est. payment | /mo

3 Beds

2 Baths

1,631 SqFt


Save
$ 585,000
Est. payment | /mo
Save

3 Beds

2 Baths

1,631 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,631 sqft

Price per Sqft $358

Subdivision Marilyn Ann Unit 1

MLS Listing ID 7025991

Style Ranch

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1960

Annual Tax Amount $2,581

Tax Year 2025

Lot Size 7,130 Sqft

Acres 0.16

Property Sub-Type Single Family Residence

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Turnkey income from day one -- seller prepays 12 months rent ($36,000) at close of escrow, occupant will sign a 2-year lease, generating $2,185 monthly NOI & a 4.78% cash-on-cash return.
Fully remodeled in 2021 ($75,000+), the 1,631 SF block-construction home features white shaker cabinetry, dark quartz countertops, hardwood flooring, matte black fixtures, & a 2-car garage - uncommon in this submarket. Open kitchen-to-family room layout with French doors to a covered patio & tree-lined yard. New Daikin 4-ton HVAC system (2024) with 12-year manufacturer warranty. New 50-gallon gas water heater. 7 blocks from ASU in one of Tempe's strongest rental corridors. No HOA.
Photos include images taken at purchase reflecting remodel condition, current photos illustrate occupancy.

Location

State AZ

County Maricopa

Community Marilyn Ann Unit 1

Area Maricopa

Direction W Broadway Rd to S Roosevelt St, go north on S Roosevelt .4 miles to W 15th St, turn west on 15th St. to property on south side of the street

Rooms

Master Bathroom true

Den/Bedroom Plus 3

Separate Den/Office N

Interior

Interior Features Walk-in Pantry, Quartz Countertops, High Speed Internet, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Pantry, 3/4 Bath Master Bdrm

Heating Natural Gas

Cooling Central Air

Flooring Carpet, Tile, Wood

Fireplace No

Window Features Dual Pane

Appliance Dryer, Washer, Refrigerator, Dishwasher, Disposal, Gas Oven, Electric Cooktop

SPA None

Laundry Inside, Gas Dryer Hookup

Exterior

Exterior Feature Storage

Parking Features Attached Garage

Garage Spaces 2.0

Garage Description 2.0

Fence Block

Community Features Near Bus Stop

Utilities Available APS

Roof Type Composition

Porch Covered Patio(s), Patio

Total Parking Spaces 2

Private Pool No

Building

Lot Description North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back

Story 1

Builder Name unknown

Sewer Public Sewer

Water City Water

Architectural Style Ranch

Structure Type Storage

New Construction No

Schools

Elementary Schools Holdeman Elementary School

Middle Schools Geneva Epps Mosley Middle School

High Schools Tempe High School

School District Tempe Union High School District

Others

HOA Fee Include No Fees

Senior Community No

Tax ID 124-66-044

Ownership Fee Simple

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Horse Property N

Disclosures Agency Discl Req

Possession By Agreement

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan

Arizona Regional MLS (ARMLS)
Listed by RETSY • Eric Brown
NEARBY SCHOOLS & PROPERTIES
Maggie Anderson

Helping happy clients have their dream home!

+1(480) 330-3514

maggie@homesforsaleaz.net

8388 E Hartford Dr, Scottsdale, AZ, 85255, USA

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607 W 15TH Street