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1231 N OLEANDER St, Tempe, AZ 85288

View property features, location on map, relevant school information and overview from seller's agent.

Listed byMidland Real Estate Alliance
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Overview

Price Drop $95,000!! Turnkey 5-Unit Investment Near ASU & Old Town Scottsdale. Fully renovated in 2019 with near-zero vacancy in a high-demand rental market. Unit mix includes four 2BD/1BA units and one 1BD/1BA unit, each featuring updated interiors, vinyl flooring, modern cabinetry, granite countertops, dual-pane windows, new A/C systems, and upgraded security doors. Large private gated patios enhance tenant appeal. Low-maintenance asset offering stable cash flow and long-term appreciation potential.

Location

Full feature list

Basic info

Property type
Multi-family
Year built
1958

Exterior features

Horse amenities
Stable

Utilities

Heating
Electric
Cooling
Ceiling Fans, Central Air, Multi-split AC, Electric
Sewer
Public Sewer

Taxes

Tax Annual Amount (2025)
$1,363

Public schools

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Sourced from: Arizona Regional Multiple Listing Service (ARMLS) MLS®#: 6960414 Last checked:

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.