1248 E Harry Street, Tempe, AZ 85288
New Listing
$700,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$700,000
List Date:
1/29/2026
Last Modified:
1/31/2026
Description
Turnkey duplex offered as part of a five-unit residential compound across two adjacent parcels in central Tempe. The duplex features two 2-bedroom/1-bath units with functional layouts and strong long-term rental appeal. The property has been fully renovated, including new HVAC, new roof, new electrical panels, new windows, and updated interiors throughout, offering stable operations and minimal near-term capital needs.
Directly adjacent to 1244 N Rose St, which includes three additional units. Together, the parcels operate as a single five-unit investment opportunity. Seller strongly prefers a concurrent sale of both parcels, though parcels are listed separately. Site may offer future development upside. Buyer to verify zoning, density, and development feasibility independently.
More Information MLS# 6974899
Contract Info
Ownership: Fee Simple
Current Price: $700,000
List Price: $700,000
Status: Active
List Date: 2026-01-26
Location, Tax & Legal
Assessor's Map #: 13
Legal Description (Abbrev): LOT 201 NORTH TEMPE 2 MCR
Assessor's Parcel #: 50
Add'l Parcels: No
Tax Municipality: Tempe
Census Tract: 318400
Taxes: 1583
Legal: LOT 201 NORTH TEMPE 2 MCR
Marketing Name: DUPLEX
House Number: 1248
Compass: E
Street Name: Harry
St Suffix: Street
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85288
Zip4: 1807
County Code: Maricopa
Subdivision: NORTH TEMPE 2
Assessor Number: 132-13-050
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 0
Lot Size Dimensions: 102x136
Flood Zone: TBD
Total # of Units: 2
Elementary School District: Tempe School District
High School District: Tempe Union High School District
Elementary School: Tempe Elementary Online Community
Jr. High School: Tempe Elementary Online Community
High School: Tempe High School
Year Built: 1969
Zoning: R-2
Legal Info
Range: 4E
Section: 11
Township: 1N
Lot Number: 201
Project Type
Duplex: 1
5 - 12 Units: 1
Other Type
House + Rental Units: 1
Packaged Offering: 1
Construction
Block: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Rolled: 1
Floors
Laminate: 1
Sale Includes
Land & Building: 1
Laundry Equipment: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1583
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 34392
Pmt & Rate Info
Equity: 700000
Down Payment %: 5
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
See Private Remarks: 1
Community Features
No Pool: 1
Heating
Natural Gas: 1
Cooling
Central Air: 1
Tenant Pays
Gas: 1
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Appliances Included
Built-In Gas Oven: 1
Microwave: 1
Refrigerator: 1
Washer/Dryer: 1
Road Surface Type
Concrete: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
>1 Space Per Unit: 1
Off Street: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
None: 1
New Financing
Cash: 1
Cash to Loan: 1
VA: 1
Conventional: 1
FHA: 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1433
Avg SqFt: 780
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Curry & Scottsdale Roads
Directions: Corner of Rose & Harry. White with black roofs. House & 2 duplexes share Large pebble parking area. Across from 1235 N Rose
Geo Lat: 33.443366
Geo Lon: -111.921343
Income Expenses
Gross Annual Sch Inc: 34392
Property Features
Project Type: Duplex; 5 - 12 Units
Other Type: House + Rental Units; Packaged Offering
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Rolled
Floors: Laminate
Sale Includes: Land & Building; Laundry Equipment
Community Features: No Pool
Appliances Included: Built-In Gas Oven; Refrigerator; Microwave; Washer/Dryer
Heating: Natural Gas
Cooling: Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: >1 Space Per Unit; Free; Off Street
Road Surface Type: Concrete
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Cable TV
Source of Fincl Data: Owner
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: See Private Remarks
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Cash to Loan; VA; FHA; Conventional
Environmental: None
Listing Office:
Gentry Real Estate
Last Updated: January - 31 - 2026
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