902 S MARIANA Street $850,000

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    902 S MARIANA Street Tempe, AZ 85281

    Closed
    SOLD 2/9/2022

    $850,000

    • 0 Beds
    • 0 Baths
    • MultiFamily
    • MLS# 6308106
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    Views: 27

    Property Details

    Welcome to Mariana Park Apartments. Located near ASU's Tempe campus, this fully occupied four-plex is tucked away in a quiet cul-de-sac. Property features all block construction, covered parking, new windows (on some units), central A/C, coin-operated leased laundry equipment, and mature landscaping. All units are 1bed/1bath. Rents of 900-$1150 per unit. Units are renovated and remodeled with laminate floors stainless steal appliances updated kitchen's.

    • General Features
      • Community Amenities No Pool
      • County Maricopa
      • Covered Parking Spcs 4.00
      • Cross Street University & Dorsey
      • Directions From University Dr, turn south (right) onto Dorsey Ln, then turn right (west) onto Orange St, then right (north) onto Mariana St. Continue to the end of cul-de-sac.
      • Gas Individual Meter,SW Gas
      • Marketing Name Mariana Park Apartments
      • New Financing 1031 Exchange,Conventional,FHA,No Carry
      • Parking 1 Space/Unit,Carport
      • Project Type Four Plex
      • Roofing Rolled
      • Subdivision MARIANA PARK I
      • Tax Municipality Tempe
      • Taxes $1,278
      • Total Units 4.00
      • Year Built 1959
      • Zoning R-3
    • Building Features
      • Construction Block
      • Appliances Included F/S Oven/Range,Refrigerator
      • Floors Ceramic Tile,Vinyl
      • Cooling Central A/C,Electric,Individual
      • Heating Natural Gas
      • Interior Amenities Unfurnished
    • Room Features
      • # 1 Bedroom Units 4
      • 1 Bedroom Units: Avg Rent 1050.00
      • 1 Bedroom Units: Avg SqFt 480
      • 1 Bedroom Units: # Baths 1
      • # 2 Bedroom Units 0
      • 2 Bedroom Units: # Baths 0
      • 2 Bedroom Units: Avg Rent 0.00
      • 2 Bedroom Units: Avg SqFt 0
      • # 3 Bedroom Units 0
      • 3 Bedroom Units: Avg SqFt 0
      • 3 Bedrooms Units: # Baths 0
      • 3 Bedrooms Units: Avg Rent 0.00
      • # 4 Bedroom Units 0
      • 4 Bedrooms Units: # Baths 0
      • 4 Bedrooms Units: Avg Rent 0.00
      • 4 Bedroom Units: Avg SqFt 0
    • Property Features
      • Efficiency Units: # Efficiency Units 0
      • Efficiency Units: # Baths 0
      • Efficiency Units: Avg SqFt 0
      • Efficiency Units: Avg Rent 0.00
      • Legal Info: Township 23
      • Tenant Pays Cable TV,Electric,Gas
      • Owner Pays Landscaping,Sewer,Trash Collection,Water
      • Income & Expenses: Totl Mnth Rntal Inc 4400.00
      • Income & Expenses: Net Operating Income 40044.00
      • Income & Expenses: Gross Annual Sch Inc 52800.00
      • Income & Expenses: Adjusted Gross Inc 52186.00
      • Legal Info: Range 4E
      • Legal Info: Lot Number 3
      • Total Parking Space 4.00
      • Electric APS,Individual Meter
      • Exterior Amenities Green Landscaping,Landscape Wtr System
      • Sewer Sewer - Public
      • Water City Franchise
    • Schools
      • Elementary School Other
      • Middle School Other
      • School District 213 - Tempe Union High School District

    Neighborhood

    85281 (Tempe) Demographics

    25 Median Age
    4,955 Population Density (per sq. mile)
    49% College Educated
    $38,264 Estimated Median Income
    5,169 Estimated Total Home Owners
    19,675 Estimated Total Renters
    21% / 79% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    66,833 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $430,000 Median Sales Price
    52 Homes Sold
    62 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        2/9/2022 12:00:00 AM Sold Source: Multiple Listing Service New Value: $850,000
        2/4/2022 8:38:49 AM Status Changed Source: Multiple Listing Service New Value: Pending
        1/11/2022 4:53:54 PM Status Changed Source: Multiple Listing Service New Value: UCB (Under Contract-Backups)
        Copyright 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Data last updated 5/24/2022 2:30:12 PM. The ARMLS logo indicates a property listed by a real estate brokerage other than Engel & Völkers Scottsdale.

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


        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.