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1324 E Hall Street, Tempe, AZ 85281

Local realty services provided by:CENTURY 21 Arizona West
1324 E Hall Street,Tempe, AZ 85281
$749,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: melissa steenson
Office: the brokeredge
MLS#:6919097
Source:ARMLS

Price summary

  • Price:$749,000

About this home

INVESTOR ALERT! Seize this rare, high-cash-flow opportunity in University Heights, Tempe's premier student housing corridor adjacent to Arizona State University (ASU). This is a strategic Legal Duplex designed for maximum rental yield, offering two distinct income streams: a 1,200 sq ft, 3-bedroom, 1-bath main house, and a brand-new, detached 850 sq ft ADU. This property is not just a rental; it is a meticulously designed income machine with an above average cap rate near 8%. Ideal for a dedicated student housing portfolio, flexible long-term rentals, or a savvy owner-occupant seeking substantial passive income.

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Home facts

  • Year built:1951
  • Listing ID #:6919097
  • Updated:January 23, 2026 at 04:40 PM

Heating and cooling

  • Cooling:Ceiling Fan(s), Electric
  • Heating:Ceiling, Central, Electric, Natural Gas

Structure and exterior

  • Year built:1951

Schools

  • High school:Tempe High School

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$749,000
  • Tax amount:$840 (2024)
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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