For Sale

$3,276,000

1825 E Don Carlos Ave, Tempe, AZ 85281

-Bed
0Bath
-SqFt

-Bed
0Bath
-SqFt

Property Type
Condo
Year Built
1979
On highrises
81 Days

Property Details

Located at 1825 E Don Carlos Ave in Tempe, Arizona, this investment opportunity presents a promising prospect for investors seeking value and growth. Originally built in 1979 and recently renovated in 2023, this property boasts 14 units in total, all of which are currently fully occupied. The unit mix comprises (12) one-bedroom, one-bathroom units and (2) two-bedroom, one-bathroom units, catering to a diverse range of renters. Its strategic location offers proximity to Arizona State University (ASU) and the bustling Tempe Marketplace, enhancing its appeal to potential tenants seeking convenience and access to amenities.

Property Features

Bathrooms

Total Bathrooms: 0

Appliances

Microwave
Washer/Dryer

Heating and Cooling

Cooling Features: Electric
Heating Features: Electric
Heating: Yes

Interior Features

Flooring: Vinyl

Exterior and Lot Features

Road Frontage Type: Asphalt, Sidewalk(s)

Land Info

Lot Size Acres: 0.5044995
Lot Size Dimensions: 95.92x229.11
Lot Size Square Feet: 21976

Garage and Parking

Parking Total: 25

Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

School Information

School District: Tempe Union High School District

Amenities and Community Features

Community Features: Barbecue, No Pool

Other Property Info

Annual Tax Amount: 4987
Source Listing Status: Active
County: Maricopa
Tax Year: 2023
Source Property Type: Multiple Dwellings
Source Neighborhood: RANCHO EL DORADO 1-26, 36-44
Owner Pays: Electricity, Trash Collection, Water, Sewer, Landscaping
Parcel Number: 132-66-038-D
Postal Code Plus 4: 4535
Subdivision: RANCHO EL DORADO 1-26, 36-44
Zoning: R-4
Source System Name: C2C

Building and Construction

Year Built: 1979
Building Exterior Type: Painted
Construction Materials: Painted
Property Age: 45

Utilities

Sewer: Public Sewer
Water Source: City Franchise

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
03/12/2024	Listed	$3,276,000	-	ArizonaRegionalMLS
05/20/2022	Sold	$3,500,000	$435	Public Record
09/17/2018	Sold	$1,764,000	$219	Public Record
11/27/2017	Listing removed	$850	$1	ArizonaRegionalMLS
10/30/2017	Price Changed for rent	$850	$1	ArizonaRegionalMLS
09/01/2017	Listed for rent	$900	$2	ArizonaRegionalMLS
03/24/2017	Sold	$1,302,000	$162	Public Record

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2022	$4,783	$26,330	+	$105,320	=	$131,650
2020	$4,670	$19,600	+	$78,410	=	$98,010
2018	$4,467	$13,300	+	$53,210	=	$66,510
2017	$4,334	$12,870	+	$51,510	=	$64,380
2016	$4,304	$9,520	+	$38,080	=	$47,600
2015	$4,134	$7,420	+	$29,710	=	$37,130
2014	$4,178	$5,930	+	$23,730	=	$29,660

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
140 E Rio Salado Pkwy Unit 802	$488.9K	1	1	1168	1283
616 S Hardy Dr Unit 216	$279K	2	2	779	3571920
305 S Wilson St Unit 105	$575K	3	3	1565	992
559 W 6th St	$600K	2	3	1677	1579
1327 S Mitchell Dr	$360K	3	3	1342	1220
425 W Rio Salado Pkwy Unit 116	$529K	2	2	1048	138

Presented by:
Andrew Smith
state license#SA700745000

Brokered by:
Hague Partners
(480) 998-0110

Broker Location:

SCOTTSDALE

Data Source:

ArizonaRegionalMLS

Source's Property ID:

6676181

Data Source Copyright:

$3,276,000

1825 E Don Carlos Ave, Tempe, AZ 85281

Property Details

Property Features

Bathrooms

Property History

Neighborhood

Environmental Risk

Nearby Home Values

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