1244 N Rose Street, Tempe, AZ 85288

Property Description

Fully renovated 3-unit income property offered as part of a rare five-unit residential compound spanning two adjacent parcels. This parcel includes one single-family residence plus a duplex for a total of three units, consisting of two 2-bedroom/1-bath units and one 3-bedroom/2-bath unit.Extensive upgrades completed throughout, including new HVAC systems, new roofs, all new electrical panels, new windows, and fully renovated interiors, providing a turnkey, low-capex asset. Property is adjacent to 1248 E Harry St, a separately parceled duplex. Together, both parcels function as a cohesive five-unit investment. Seller strongly prefers a concurrent sale of both parcels, though each is offered individually. There may be future development or density potential. Buyer to conduct due diligence. independent due diligence regarding zoning and redevelopment.

Listing Status:

Active

Date Added:

October 9, 2025

Data Last Updated:

February 11, 2026 at 6:07PM

Listing Office:

Gentry Real Estate : 480-750-9910

Listing Agent:

Brett Borinstein : 480-455-7611

MLS ID:

6931623

Interior

• Flooring: LaminateCeramic TileVinyl
• A/C: Central AirCeiling Fan(s)2 or More Units
• Heating: Central2 or More Units

Exterior

• Parking: >1 Space Per UnitParking spaces: 15

Construction

• Roofing: CompositionFoam
• General: Wood FrameSidingPaintedBlock

Location

• Road/Access: Asphalt
• Originating MLS: Arizona Regional Multiple Listing Service 2
• School District: Tempe School District
• County: Maricopa

Lot

• Zoning: R-213213051A

Utilities

• Water: City Franchise
• Sewer: Public Sewer

Financial

• Source: Arizona Regional Multiple Listing Service 2