1245 W 1ST Street # 116 Tempe, AZ $ 280,000
1245 W 1ST Street # 116
$ 280,000
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1245 W 1ST Street # 116

Tempe, AZ, 85281
$ 280,000
Bedrooms2 Baths2.1 Sq 1,072

Monthly Estimate*

$ 1,724

1245 W 1ST Street # 116, Tempe, AZ 85281 - Image 1
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1245 W 1ST Street # 116, Tempe, AZ 85281 - Image 8
1245 W 1ST Street # 116, Tempe, AZ 85281 - Image 9
1245 W 1ST Street # 116, Tempe, AZ 85281 - Image 10
1245 W 1ST Street # 116, Tempe, AZ 85281 - Image 11
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1245 W 1ST Street # 116, Tempe, AZ 85281 - Image 17

Townhouse for sale in Tempe, AZ

for $280,000 with 2 bedrooms and 2 full baths, 1 half bath. This 1,072 square foot townhouse was built in 1985.

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.

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Townhouse Active

Price

$ 280,000

Bedrooms

2

Full Bath

2

Half Bath

1

Property Type

Townhouse

Taxes

$ 951

Style

Residential

Year Built

1985

Town/City

Tempe

County/Region

Maricopa

MLS | Web ID

7036269

Features
Interior
Interior Amenities Upstairs Vaulted Ceiling(s) Pantry 2 Master Baths Full Bth Master Bdrm
Flooring Laminate Tile
Fireplace Features Wood Burning
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Skylight(s)
Fireplace Y/N Y
Laundry Features Inside
Total Bedrooms 2
Total Baths 3
Bedrooms Possible 2
Pantry True
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General
Sewer Public Sewer
Heating Electric
Cooling Central Air Ceiling Fan(s)
Utilities SRP
Possession Close Of Escrow
Roof Foam
HOA Fee 224.5
Garage Spaces 0.0
Association Fee Includes Roof Repair Sewer Trash Water Roof Replacement
Construction Materials Stucco Wood Frame Painted
Year Built 1985
Township 1N
Unit Number 116
Property Subtype Townhouse
Tax Year 2025
Ownership Fee Simple
Community Features Pool Near Bus Stop
Assoc Fee Paid Per Monthly
County Maricopa
New Construction N
Property Type Residential
HOA Y
Attached Garage N
Subdivision Name RIO SALADO VILLAS
Total Rooms 0
Special Listing Conditions FIRPTA may apply N/A
Status Active
Directions W on 1st Street to Complex on Left
High School Tempe High School
City Tempe
Disclosures Seller Discl Avail
Association Name RIO SALADO VILLAS
High School District Tempe Union High School District
Open Parking Spaces 0.0
Lot Size Units Square Feet
Lot Size Square Feet 54.0
Carport Spaces 1.0
Carport Y/N N
Spa Features None
Elementary School Rover Elementary School
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 951.0
Home Warranty Y/N N
Middle/Junior High School Geneva Epps Mosley Middle School
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Builder Name Unknown
Standard Status Active
Occupancy Type Tenant
Elementary School District Tempe School District
Tax Lot 116
New Financing: Conventional True
Senior Community N
New Financing: FHA True
Ttl Monthly Fee Equiv 224.5
New Financing Cash True
New Financing: VA True
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Exterior
Exterior Amenities Balcony
Fencing None
Parking Features Assigned
Lot Features None
Water Source City Water
Lot Size Area 54.0
Spa N
Lot Size Acres 0.0
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 1.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1245
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* Excluded Features
List By
Exp Realty

Broker

deanna@rosinteam.com

Email

Affordability Calculator

$1,803
Per Month
96%
4%
0%
Monthly Principal & Interest
$1,724
Monthly Property Taxes
$79
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4327462 Elementary School
4327128 Middle School
Tempe High School High School
Pricing History
DatePricePrice ChangeDescription
6/2/2026$280,000 Listed Price

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1245 W 1ST Street # 116, Tempe, AZ, 85281 is a Townhouse for sale at $280,000 with 1,072 sqft. 1245 W 1ST Street # 116 has 2 bedrooms, 2.1 baths, and was built in 1985. The property's zip code is 85281 which is in Tempe, AZ