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$280,000
$1,400Reward *
1245 W 1ST Street Unit 116, Tempe, AZ 85281Listing ID 7036269

1245 W 1ST Street Unit 116, Tempe, AZ 85281

Active
RIO SALADO VILLAS
Time on site: 75 days • Last updated: Jul 3, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Townhouse
Bedrooms
Bedrooms
2
Bathrooms
Bathrooms
3
Square Feet
Square Feet
1,072
Days on Site
Days on Site
74
Cooling
Cooling
Central Air, Ceiling Fan(s)
Heating
Heating
Electric
Year Built
Year Built
1985
Parking
Parking
Assigned

Just minutes from Arizona State University, this 2-story townhome condo offers the perfect combination of location and lifestyle. Newer flooring throughout gives the space a clean, updated feel, and the two-level layout provides great separation of space. Step outside to a private front patio or head upstairs to the private balcony off the bedrooms -- outdoor space that truly sets this unit apart. 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.

Property Information

Property Details

Location

Address
1245 W 1ST Street
County
Maricopa
City
Tempe
Zip Code
85281
Subdivision
RIO SALADO VILLAS
School District
Tempe Union High School District
High School
Tempe High School
Elementary School
Rover Elementary School

Interior Features

Beds and Baths

Bedrooms
2

Building

Building Information

Square Feet
1,072
Year Built
1985
Construction
Stucco, Wood Frame, Painted
Roof
Foam
Builder Name
Unknown

Financial

Special Conditions
FIRPTA may apply, N/A

Property Taxes

Tax Annual Amount
$951
Tax Year
2025

Homeowner Association

HOA Fee
$225
HOA Fee Frequency
Monthly
eXp Realty, (480) 420-4455

Market Report for 85281

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Arizona Regional MLS
Arizona Regional MLS logo

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

For corrections to this data please contact Brytecore MLS Support.

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