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$749,000 -$50,000 (-6.26%) Price Reduced
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Property 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 student housing portfolio, flexible long-term rentals, or a savvy owner-occupant seeking substantial passive income.
Full Property Details
Full Property Details for 1324 E Hall St
General
- Price: $749,000
- Taxes: $840 (2024)
- Status: Active
- Type: Duplex
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6919097
- Updated: 1/13/2026
- Added to Site: 124 day(s) ago
Interior
- Appliances: Built-In Range, Disposal, Refrigerator, Microwave, Washer and Dryer Hookups
- Flooring: Vinyl, Concrete
Parking
- Parking Features: Add'l Parking Avail, On Street, Carport
Location
- County: Maricopa
- Township: 1N
- Subdivision: TOMLINSON ESTATES
- Cross Streets: Chief Jones Way
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric, Natural Gas, Ceiling
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 2
- Exterior Const.: Cement Siding, Wood Frame, Stucco, Block
- Roof: Composition, Built-Up
- Year Built: 1951
Unit Information
- Vacancy %: .01
Lot Features
- Lot Dimensions: 117.45 x 62.43
- Zoning: SFR
Financial Considerations
- Tax Amount: $840
- Tax Year: 2024
- Terms: Affordable Housing, Conventional, 1031 Exchange, FHA
- Owner Pays: None
Disclosures and Reports
- Legal Description: LOT 40 TOMLINSON ESTATES MCR 004736
- Property ID: 132-62-050
- Range: 4E
- Section: 23
- Lot Number: 40
Listed by The BrokerEDGE
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Schools
Schools serving 1324 E Hall St
School Districts:Tempe School District, Tempe Union High School District
| Name | Grades | Distance |
|---|---|---|
Cecil Shamley School 1500 N Scovel St, Tempe, AZ 85281 | PK-5 | 2.1 mi |
McClintock High School 1830 East Del Rio Drive, Tempe, AZ 85282 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1324 E Hall St
Date
Details
Price
Change
Source
1/13/2026
Price Reduced
$749,000
-6.26%
MLS
12/16/2025
Price Reduced
$799,000
-11.12%
MLS
9/12/2025
Listed
$899,000
169.16%
MLS
11/05/2024
Sold
$334,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1324 E Hall St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$899
7%
$17,680
9%
2024
$840
1%
$16,265
-6%
2023
$830
4%
$17,310
14%
2022
$796
—
$15,125
36%
2022
$796
-1%
$11,090
8%
2021
$802
3%
$10,305
8%
2020
$777
2%
$9,515
9%
2019
$763
3%
$8,730
7%
2018
$744
3%
$8,130
13%
2017
$721
-50%
$7,175
-41%
2016
$1,433
4%
$12,080
5%
2015
$1,376
3%
$11,460
31%
2014
$1,331
9%
$8,770
9%
2013
$1,226
—
$8,060
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1324 E Hall St
1324 E Hall Street, Tempe, AZ 85281 (MLS# 6919097) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1324 E Hall Street is currently listed for $749,000 and was received on September 12, 2025. Want to learn more about 1324 E Hall Street? Do you have questions about finding other Duplex real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

