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.

Listing Status:

Active

Date Added:

April 22, 2026

Data Last Updated:

May 20, 2026 at 9:06PM

Listing Office:

Gentry Real Estate : 480-750-9910

Listing Agent:

Brett Borinstein : 480-455-7611

MLS ID:

7017730

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