1245 W 1ST Street #116 Tempe, AZ 85281
2 Beds
2.5 Baths
1,072 SqFt
UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,072 sqft
Price per Sqft $261
Subdivision Rio Salado Villas
MLS Listing ID 7036269
Bedrooms 2
Full Baths 2
Half Baths 1
HOA Fees $224/mo
HOA Y/N Yes
Year Built 1985
Annual Tax Amount $951
Tax Year 2025
Lot Size 54 Sqft
Property Sub-Type Townhouse
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Currently tenant-occupied with rental income in place, this property works equally well as an investment, a first home, or a future owner-occupant opportunity. Strong demand in this corridor means it holds its value year after year.
Location
State AZ
County Maricopa
Community Rio Salado Villas
Area Maricopa
Direction W on 1st Street to Complex on Left
Rooms
Other Rooms Great Room
Master Bathroom 2 Master Baths
Master Bedroom Upstairs
Den/Bedroom Plus 2
Separate Den/Office N
Interior
Interior Features Upstairs, Vaulted Ceiling(s), Pantry, 2 Master Baths, Full Bth Master Bdrm
Heating Electric
Cooling Central Air, Ceiling Fan(s)
Flooring Laminate, Tile
Fireplaces Type Wood Burning
Fireplace Yes
Window Features Skylight(s)
Appliance Stacked Washer/Dryer, Refrigerator, Dishwasher, Electric Range, Electric Oven
SPA None
Laundry Inside
Exterior
Exterior Feature Balcony
Parking Features Assigned
Carport Spaces 1
Fence None
Community Features Pool, Near Bus Stop
Utilities Available SRP
Roof Type Foam
Porch Patio
Private Pool No
Building
Lot Description None
Story 2
Builder Name Unknown
Sewer Public Sewer
Water City Water
Structure Type Balcony
New Construction No
Schools
Elementary Schools Rover Elementary School
Middle Schools Geneva Epps Mosley Middle School
High Schools Tempe High School
School District Tempe Union High School District
Others
HOA Name RIO SALADO VILLAS
HOA Fee Include Roof Repair,Sewer,Trash,Water,Roof Replacement
Senior Community No
Tax ID 124-28-069
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Horse Property N
Disclosures Seller Discl Avail
Possession Close Of Escrow
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition FIRPTA may apply, N/A
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
NEARBY SCHOOLS & PROPERTIES