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$280,000
1245 W 1ST Street 116
Tempe, AZ 85281
MLS# 7036269
2 beds  |  3 baths


Great Room
  1 / 17  
Great Room 2 story end unit Community Entry Living Room Kitchen Breakfast Bar/Kitchen Bedroom 1 Bathroom 1 Bathroom 1 Bedroom 2 Bathroom 2 Downstairs Half Bathroom laundry stairs upperlanding upperpatio community pool

Property Description
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.

Details
Maps
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
List Price: $280,000
Status: Active
Current Price: $280,000
List Date: 2026-06-02
Location, Tax & Legal
Unit #: 116
Assessor's Map #: 28
Legal Description (Abbrev): LOT 116 RIO SALADO VILLAS MCR 026631
Assessor's Parcel #: 69
Tax Municipality: Tempe
Taxes: 951
House Number: 1245
Compass: W
Street Name: 1ST
St Suffix: Street
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 7617
Country: US
County Code: Maricopa
Assessor Number: 124-28-069
Subdivision: RIO SALADO VILLAS
Tax Year: 2025
General Property Description
Dwelling Styles: Attached
# of Interior Levels: 2
Full Bathrooms: 2
Half Bathrooms: 1
Approx SQFT: 1072
Price/SqFt: 261.19
Approx Lot SqFt: 54
Approx Lot Acres: 0
Horses: N
Builder Name: Unknown
Elementary School District: Tempe School District
High School District: Tempe Union High School District
Elementary School: Rover Elementary School
Jr. High School: Geneva Epps Mosley Middle School
High School: Tempe High School
Community Pool Y/N: Yes
Private Pool Y/N: No
Fireplace YN: Yes
Fireplaces Total: 1
Dwelling Type: Townhouse
Exterior Stories: 2
# Bedrooms: 2
Total Bathrooms: 3
Year Built: 1985
Legal Info
Range: 4E
Section: 16
Township: 1N
Lot Number: 116
Special Listing Cond
N/A: 1
FIRPTA may apply: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Foam: 1
Association & Fees
HOA Y/N: Y
HOA Disclosure/Addendum Affirmation: Yes
HOA Transfer Fee: 400
HOA Fee: 224.5
HOA Paid Frequency: Monthly
HOA Name: RIO SALADO VILLAS
HOA Telephone: 480-921-3332
Special Assessment HOA: No
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 0
Cap Improvement/Impact Fee $/%: $
Prepaid Association Fees HOA: 449
Disclosure Fees HOA: 0
Other Fees HOA: 0
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Ttl Mthly Fee Equiv: 224.5
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
Supra: 1
Building Style
2-3-4 Plex: 1
Master Bathroom
Full Bth Master Bdrm: 1
2 Master Baths: 1
Master Bedroom
Upstairs: 1
Additional Bedroom
2 Master Bedrooms: 1
Fireplace Features
Wood Burning: 1
Flooring
Laminate: 1
Tile: 1
Community Features
Near Bus Stop: 1
Dining Area
Dining in LR/GR: 1
Heating
Electric: 1
Kitchen Features
Dishwasher: 1
Electric Oven: 1
Electric Range: 1
Pantry: 1
Refrigerator: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Interior Features
Skylight(s): 1
Vaulted Ceiling(s): 1
Laundry
Stacked Washer/Dryer: 1
Inside: 1
Basement
Basement Y/N: N
Other Rooms
Great Room: 1
Separate Den/Office
Sep Den/Office Y/N: N
Fencing
None: 1
Water Source
City Water: 1
Community Pool Features
Fenced: 1
Exterior Features
Balcony: 1
Patio: 1
Spa
None: 1
Sewer
Sewer - Public: 1
Parking Spaces
Slab Parking Spaces: 0
Total Covered Spaces: 1
Carport Spaces: 1
Parking Features
Assigned Parking: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
Utilities
SRP: 1
Existing 1st Loan
Treat as Free&Clear: 1
Landscaping
None: 1
Unit Style
Two Levels: 1
Disclosures
Seller Discl Avail: 1
Possession
Close of Escrow: 1
Association Fee Incl
Roof Repair: 1
Roof Replacement: 1
Water: 1
Sewer: 1
Garbage Collection: 1
Assoc Rules/Info
Prof Managed: 1
Remarks Misc
Cross Street: 1st Street & Hardy
Directions: W on 1st Street to Complex on Left
Geo Lat: 33.428452
Geo Lon: -111.958749
Property Features
Special Listing Cond: N/A; FIRPTA may apply
Building Style: 2-3-4 Plex
Master Bathroom: Full Bth Master Bdrm; 2 Master Baths
Master Bedroom: Upstairs
Additional Bedroom: 2 Master Bedrooms
Fireplace Features: Wood Burning
Flooring: Laminate; Tile
Community Pool Features: Fenced
Spa: None
Community Features: Near Bus Stop
Dining Area: Dining in LR/GR
Kitchen Features: Electric Oven; Electric Range; Dishwasher; Refrigerator; Pantry
Laundry: Stacked Washer/Dryer; Inside
Other Rooms: Great Room
Interior Features: Skylight(s); Vaulted Ceiling(s)
Exterior Features: Balcony; Patio
Parking Features: Assigned Parking
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Foam
Cooling: Central Air; Ceiling Fan(s)
Heating: Electric
Utilities: SRP
Water Source: City Water
Sewer: Sewer - Public
Fencing: None
Landscaping: None
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: Supra
Possession: Close of Escrow
Unit Style: Two Levels
Association Fee Incl: Roof Repair; Roof Replacement; Water; Sewer; Garbage Collection
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; FHA; Conventional
Disclosures: Seller Discl Avail

IDX
Listing Office: eXp Realty

Last Updated: June - 02 - 2026

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