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The Condo Mania Team

MLS: 6901915     $298,990
2 Bedrooms with 3 Baths

MLS: 6901915 Condo For Sale
1245 W 1ST STREET#123
TEMPE AZ 85281

MLS:  6901915
Status:  ACTIVE
List Price:  $298,990
Price per SQFT:  $279
Square Footage:  1072

2 Bedrooms
3 Baths
Year Built:  1984
Zip Code:  85281

 

Listing Remarks

Opportunity is knocking at 1245 W 1st St #123, Tempe's low-maintenance gem and a rare chance to own in one of the city's highest-demand rental corridors. This ground-floor condo is more than just a smart buy—it's the kind of listing investors, parents, and first-time buyers wait for. Nestled in a quiet pocket just west of downtown, this property offers a prime blend of comfort, potential, and proximity. Just minutes from Arizona State University, you'll be perfectly positioned to bike to fall football games, catch spring baseball matchups, or hop the light rail to Downtown Phoenix. Mill Avenue is a short walk away, delivering Tempe's best dining, nightlife, and cultural pulse. Sky Harbor Airport and ASU's main campus are within a five-minute drive— placing you at the center of it all. Whether you're investing or nesting, this unit delivers standout livability and real upside. Ten minutes from Phoenix, Mesa, and Scottsdale Turnkey Value That Shines All the functional pieces are here and ready to go: - Clean 2BR / 1BA layout with private patio and in-unit laundry hookups - Assigned covered parking in a well-maintained complex - HOA includes water/sewer/trash, helping your numbers stay strong - Low taxes, low monthly overhead, high long-term demand Seller may consider direct buyers, investor terms, or creative financing. Schedule your showing todaythis rare opportunity won't last long.

Address: 1245 W 1ST STREET#123 TEMPE AZ 85281

MLS Logo  ARMLS ERIC WILLIAMSON of CITIEA

Condo Mania Agent

Featured Real Estate Agent Maria Boetger

Maria Boetger

Homesmart
Real Estate Agent
Phone: 480-329-5926

Contact Maria Boetger

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Listing Photos

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Listing Details

STATUS:Active
PROPERTY TYPE:Residential
PROPERTY SUB TYPE:Apartment
LISTING CONTRACT DATE:2025-08-05
BEDROOMS:2
BATHROOMS:2.5
LIVING AREA SQ FT:1072
LIVING AREA SOURCE:Assessor
YEAR BUILT:1984
TAXES:$884
HOA/MGMT CO:GERSON REALTY
HOA/MGMT PHONE:480-921-3332
HOA FEES FREQUENCY:Monthly
HOA FEES:$150
HOA INCLUDES:Roof Repair, Insurance, Sewer, Trash, Water, Roof Replacement, Maintenance Exterior
BUILDER NAME:Amazing Homes!
CONSTRUCTION:Stucco, Wood Frame
FIREPLACE:1 Fireplace, Living Room
FLOORING:Carpet, Tile
HEATING:Electric
COOLING:Central Air
INTERIOR FEATURES:Upstairs, Pantry, 2 Master Baths, 3/4 Bath Master Bdrm
LOT FEATURES:Desert Front
# GARAGE SPACES:0
# CARPORT SPACES:1
PARKING FEATURES:Assigned
COMMON WALLS:Two Common Walls, End Unit
ROOF:Built-Up
STORIES TOTAL:2
LEGAL DESCRIPTION:LOT 123 RIO SALADO VILLAS MCR 026631
LISTING AGENT:ERIC WILLIAMSON
LISTING OFFICE:CITIEA
LISTING CONTACT:602-435-6708

Estimated Monthly Payments

List Price:$298,990
20% Down Payment:$59,798
Loan Amount:$239,192
Loan Type:30 Year Fixed
Interest Rate:6.5 %
Monthly Payment:$1,512

Estimate does not include taxes, fees, insurance.

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Property Location: 1245 W 1ST STREET#123 TEMPE AZ 85281


Blue Marker: This Listing               Red Marker: Active Listings Nearby

Nearby Active Listings Within: 0.5 mi

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6895240 $195,000 1065 W 1ST STREET#109 1 1 585 RIVER RUN
6884860 $464,999 1081 W 1ST STREET#10 3 3 1647 SALADO GRAND
6887199 $499,000 1111 W UNIVERSITY DRIVE#1017 2 2 1404 VALE

Condo Mania Agent

Featured Real Estate Agent Jennifer Wandoloski

Jennifer Wandoloski

Homesmart
Real Estate Agent
Phone: (480) 528-4767

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Logo ARMLS Logo indicates a property listed by a real estate brokerage other than Homesmart. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Based on inform54. Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.

Last Updated: 2025-08-11 13:34:08