1324 E Hall St

$799,000
Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Investor alert! Seize this rare, high-cash-flow opportunity in University Heights, Tempe's premier student housing corridor adjacent to Arizona State University (ASU). This is a strategic Legal Duplex designed for maximum rental yield, offering two distinct income streams: a 1,200 sq ft, 3-bedroom, 1-bath main house, and a brand-new, detached 850 sq ft ADU. This property is not just a rental; it is a meticulously designed income machine with an above average cap rate near 8%. Ideal for a dedicated...Investor alert! Seize this rare, high-cash-flow opportunity in University Heights, Tempe's premier student housing corridor adjacent to Arizona State University (ASU). This is a strategic Legal Duplex designed for maximum rental yield, offering two distinct income streams: a 1,200 sq ft, 3-bedroom, 1-bath main house, and a brand-new, detached 850 sq ft ADU. This property is not just a rental; it is a meticulously designed income machine with an above average cap rate near 8%. Ideal for a dedicated student housing portfolio, flexible long-term rentals, or a savvy owner-occupant seeking substantial passive income.

Property Details for 1324 East Hall Street

Subdivision Name
TOMLINSON ESTATES
View YN
No
Zoning
SFR
LISTING UPDATED: 12/16/2025 01:30 PM

Property Details for 1324 East Hall Street

StatusActive
MLS #6919097
Days on Market103
Taxes$840 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMultiple Dwellings
Year Built1951
Lot Size0.17 AC / 7,332 SF
CountyMaricopa County

Location

Listing Courtesy of The BrokerEDGE
Add your commute

Building Information for 1324 East Hall Street

Stories-Residences2Year Built1951Building Size-Lot Size0.17 AC / 7,332 SF

Payment Calculator

$4,018 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,948

Property Taxes

$70

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1324 East Hall Street

Summary
Location and General Information
  • Unparsed Address: 1324 E HALL Street, Tempe, AZ 85281
  • City: Tempe
  • Coordinates: -111.916129, 33.416367
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: Chief Jones Way
  • Directions: Apache, N on Chief Jones Way, W on E Hall st
  • Latitude: 33.416367
  • Longitude: -111.916129
  • Postal City: Tempe
  • Postal Code: 85281
  • Postal Code Plus4: 4319
  • State Or Province: AZ
  • Street Suffix: Street
  • Year Built: 1,951
Taxes and HOA
  • Tax Annual Amount: $840.00
  • Tax Book Number: 132.00
  • Tax Legal Description: LOT 40 TOMLINSON ESTATES MCR 004736
  • Tax Lot: 40
  • Tax Year: 2,024
Parking
  • Covered Spaces: 2
  • Garage YN: No
  • Open Parking Spaces: 4
  • Open Parking YN: Yes
  • Parking Features: Add'l Parking Avail, On Street, Carport
  • Parking Total: 6
School Information
  • High School: Tempe High School
  • High School District: Tempe Union High School District
Property
Lot Information
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Lot Size Dimensions: 117.45 x 62.43
Property and Assessments
  • Disclosures: Boundary Survey Avlb, Seller Prop Disc Stm
  • Documents Count: 0
  • Ownership: Fee Simple
  • Parcel Number: 13262050
  • Property Type: Multiple Dwellings
  • Public Survey Range: 4E
  • Public Survey Section: 23
  • Public Survey Township: 1N
  • Road Surface Type: Asphalt, Concrete
Utilities
  • Electric: SRP
  • Electric Expense: $.00
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Trash Expense: $.00
  • Water Sewer Expense: $.00
  • Water Source: City Franchise
Interior and Exterior Features
Exterior Features
  • Community Features: No Pool
  • Construction Materials: Cement Siding, Wood Frame, Stucco, Block
  • Number Of Buildings: 2
  • Number Of Units Total: 2
  • Roof: Composition, Built-Up
Interior Features
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Integer: 0
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling YN: Yes
  • Flooring: Vinyl, Concrete
  • Heating: Central, Electric, Natural Gas, Ceiling
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Fuel Expense: $.00
  • Gardner Expense: $.00
  • Gross Income: $59,400.00
  • Gross Scheduled Income: $60,000.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
  • Net Operating Income: $60,000.00
  • Operating Expense: $840.00
  • Other Expense: $.00
  • Professional Management Expense: $.00

Property History for 1324 East Hall Street

DateEvent & SourcePriceAppreciation
Dec 16, 2025

Price Change

ARMLS #6919097

$799,000—
Sep 8, 2025

Listed (Active)

ARMLS #6919097

$899,000—
Nov 5, 2024

Sold (Public Record)

Public Record #1544666044

$334,000

+173.3% / yr

Oct 3, 2024

Sold (Public Record)

Public Record #1542467419

$305,000—
DateEvent & SourcePrice
12/16/2025

Price Change

ARMLS #6919097

$799,000
09/08/2025

Listed (Active)

ARMLS #6919097

$899,000
11/05/2024

Sold (Public Record)

Public Record #1544666044

$334,000

+173.3% / yr

10/03/2024

Sold (Public Record)

Public Record #1542467419

$305,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1324 East Hall Street

Taxable ValueLand-Additions-Total-
Tax Record2025$899 ($75 / month)
Home Facts
Beds0Total Finished SqFt1,064 SqFtAbove Grade Finished SqFt1,064 SqFtStories1Lot Size7,357 SqFtStyleSingle Family ResidenceYear Built1951ZoningR-6CountyMARICOPAAPN132-62-050

Schools near 1324 East Hall Street

This home is within Tempe Union High School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 6
Public - 6 to 8
Rating
School
Distance
Cecil Shamley School
PublicPK to 8

McClintock High School
Public9 to 12

Meyer Montessori
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1324 East Hall Street is a multi-family home for sale in Tempe, AZ 85281. This property was listed for sale on September 8, 2025 by The BrokerEDGE, it's currently listed at $799,000. It has been on the market for a total of 103 days and was last sold on November 5, 2024. This listing's school districts are Tempe Union High School District, Tempe School District. Nearby schools include Cecil Shamley School, McClintock High School and Meyer Montessori. 1324 East Hall Street is a 0-bed, 0-bath, multi-family home built in 1951.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The BrokerEDGE

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright© 2025 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.