The Condo Mania Team
Tempe Condo ManiaMLS: 7036269 $280,000
2 Bedrooms with 3 Baths1245 W 1ST STREET 116#116
TEMPE AZ 85281MLS: 7036269
Status: ACTIVE
List Price: $280,000
Price per SQFT: $261
Square Footage: 10722 Bedrooms
3 Baths
Year Built: 1985
Zip Code: 85281
Listing Remarks
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.
Address: 1245 W 1ST STREET 116#116 TEMPE AZ 85281
ARMLS DEANNA HEINZE of EXP REALTY
Community: RIO SALADO VILLAS ... Listing 3 of 3
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Condo Mania Agent
Angela Covey
Homesmart
Real Estate Agent
Phone: 602-677-9038
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Listing Details
STATUS: Active PROPERTY TYPE: Residential PROPERTY SUB TYPE: Townhouse SPECIAL LISTING CONDITIONS: FIRPTA may apply, N/A LISTING CONTRACT DATE: 2026-06-02 BEDROOMS: 2 LIVING AREA SQ FT: 1072 LIVING AREA SOURCE: Assessor YEAR BUILT: 1985 TAXES: $951 HOA/MGMT CO: RIO SALADO VILLAS HOA/MGMT PHONE: 480-921-3332 HOA FEES FREQUENCY: Monthly HOA FEES: $225 HOA INCLUDES: Roof Repair, Sewer, Trash, Water, Roof Replacement COMMUNITY FEATURES: Pool, Near Bus Stop APPLIANCES INCLUDED: Stacked Washer/Dryer, Refrigerator, Dishwasher, Electric Range, Electric Oven BUILDER NAME: Unknown CONSTRUCTION: Stucco, Wood Frame, Painted EXTERIOR FEATURES: Balcony FIREPLACE: Wood Burning FLOORING: Laminate, Tile HEATING: Electric COOLING: Central Air, Ceiling Fan(s) INTERIOR FEATURES: Upstairs, Vaulted Ceiling(s), Pantry, 2 Master Baths, Full Bth Master Bdrm LAUNDRY FEATURES: Inside LOT FEATURES: None # GARAGE SPACES: 0 # CARPORT SPACES: 1 PARKING FEATURES: Assigned ROOF: Foam STORIES TOTAL: 2 LEGAL DESCRIPTION: LOT 116 RIO SALADO VILLAS MCR 026631 LISTING AGENT: DEANNA HEINZE LISTING OFFICE: EXP REALTY LISTING CONTACT: 480-780-3281
Estimated Monthly Payments
List Price: $280,000 20% Down Payment: $56,000 Loan Amount: $224,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $1,416 Estimate does not include taxes, fees, insurance.
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Property Location: 1245 W 1ST STREET 116#116 TEMPE AZ 85281
This Listing
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Condo Mania Agent
Mary Ann Kren
Homesmart
Real Estate Agent
Phone: 480-221-4437
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Last Updated: 2026-06-02 13:35:52