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1245 W 1ST Street 116, Tempe, AZ 85281 — photo 1 of 27
ActiveMLS #7069167Price reduced

$300,000

$310,000Reduced $10,000 (3.2%)on Sep 8, 2026

1245 W 1ST Street #116

Tempe, AZ 85281

2beds
3baths
1,072sqft
Price per sqft
$280/sqft
Listed
Aug 20, 2026
Since listed
26 days
Lot
54 sqft lot

Home highlights

  • Single-story
  • 1 fireplace

About this home

Just minutes from Arizona State University, this 2-story condo offers the perfect combination of location and lifestyle. Freshly painted throughout with newer flooring for a clean, updated feel. Featuring dual master suites, this two-level layout offers great separation of space. Bathrooms feature resurfaced showers, new toilets, and updated fixtures, plus new ceiling fans throughout. A real wood-burning fireplace is a rare and sought-after feature. Step outside to a private front patio, or head upstairs to a private balcony off the bedrooms. This property works equally well as an investment, a first home, or an owner-occupant opportunity.

From ARMLS

Property details

Home & layout

Property type
Townhouse
Bedrooms
2
Bathrooms
3
Living area
1,072 sqft
Year built
1985
Stories
Single-story

Interior

Interior features
Upstairs, Vaulted Ceiling(s), Pantry, 2 Master Baths, Full Bth Master Bdrm
Flooring
Vinyl, Tile
Laundry
Inside
Fireplaces
1
Fireplace features
Wood Burning
Windows
Skylight(s)

Systems & utilities

Heating
Electric
Cooling
Central Air, Ceiling Fan(s)
Sewer
Public Sewer
Water source
City Water

Lot, exterior & construction

Lot size
54 sqft lot
Lot features
None
Construction
Stucco, Wood Frame, Painted
Roof
Foam
Exterior features
Balcony
Patio & porch
Patio
Fencing
None
Spa
None

Parking & access

Garage
0 spaces
Carport
1 spaces
Covered parking
1 spaces
Parking features
Assigned

Community & lifestyle

Community features
Pool
HOA
$225 monthly
HOA name
RIO SALADO VILLAS

Location

Explore the neighborhood

1245 W 1ST Street #116, Tempe, AZ 85281

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Schools

School assignments can change and are not guaranteed. Please verify enrollment directly with the district.

Listing information

Status
Active
MLS number
7069167
Listed
Aug 20, 2026
Last updated
Sep 14, 2026, 6:10 AM MST
County
Maricopa
Previous tracked price
$310,000
Verified price reduction
$10,000 (3.2%)
Price reduced
Sep 8, 2026
Tax year
2025
Listing terms
Cash, Conventional, FHA, VA Loan
Possession
Close of Escrow
Special conditions
FIRPTA may apply, N/A
Listing agent
Deanna Heinze
Listing brokerage
eXp Realty

Listing courtesy of Deanna Heinze, eXp Realty.

1245 W 1ST Street #116, Tempe AZ | Wendy Macica