Tempe AZ Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1961
- Baths:
- MLS#:
- 6766239
View additional info
Courtesy: Venture REI, LLC
480-858-8734
ADDITIONAL INFORMATION
Remodeled duplex right in the heart of Tempe and near the ASU campus. This turn-key property has zoning and room to build a 3rd property or ADU. Each unit is large, over 850 sqft each and has individual in-unit laundry. The remodel consists of a new roof, new AC's, new dual-pane windows, interior/exterior doors, sewer lines, new water pipes, new kitchen & bathrooms with quartz counters, vinyl floors, water heaters, trim/baseboards, lighting, fans, insulation, paint, inside laundry, landscaping and stainless steel appliances. Units have big open kitchen, dinning, great room concept. Large backyard with private storage rooms for each unit. Electric and gas are separately metered, only water is not. Perfect setup for a ''house hack'' or an investor who just wants ''mailbox money''. NO HOA!!!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1962
- Baths:
- MLS#:
- 6761938
View additional info
Courtesy: Windermere Real Estate & Property Management
602-319-5363
ADDITIONAL INFORMATION
Excellent investment opportunity, this Duplex is located in the highly sought after area of Tempe North (South Scottsdale), which is an up and coming, high growth area of N Tempe; LOTS of new construction and rehabs abound. Location, Location, Location: less than a mile to 202/101/Tempe Town Lake/ASU and more; just blocks to mass transit, less than 4 miles to: Phoenix Sky Harbor Airport; 2 mi to Old Town Scottsdale and more! Well maintained, remodeled just over a decade ago with low E windows, Trane ACs, roof, underground plumbing, and more. Separate electric meters for each unit. Both units are 2 bedrooms,1 bath, carport with private storage areas, both have units have fenced yards. Zoning is R-2 and opportunity to add more sf to increase rents etc., buyer to verify with city of Tempe Stated rents ($ 1,250 per unit) are based on current market comps of $ 1,200-1,500/mo., as landlord hasn't raised rents in over a decade so current rents are well below market comps; buyer to verify all facts and figures. Tenants have been on a month-to-month rental basis for over a decade. Won't last long!! Multiple comps in area around 500k and this property might be better as it's located on Weber Dr. with beautiful 3 story newer homes located across the street! COMPS - 4 duplexes have sold in the immediate area in the last 18 months: 1124 E TEMPE DR, Tempe, MLS #6570114, $475,000 930 E HENRY ST, Tempe, MLS# 6457594, $519,000 1019 N HAROLD ST, Tempe, MLS #6570114, $545,000 1010 E HENRY ST, Tempe, MLS #6547427, $ 599,000
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1963
- Baths:
- MLS#:
- 6752006
View additional info
Courtesy: Compass
480-776-1555
ADDITIONAL INFORMATION
Prime Corner Lot 4Plex! Just minutes from ASU and the Light Rail, this single-story fourplex s a fantastic find for investors /developers.Each of the 2 Bed/1 Bath, 644 SqFt units is fully tiled and includes a private yard and storage space. Located on a corner lot, the property is surrounded by significant new development, attracting long-term tenants. With the potential to increase rents in a rapidly appreciating market, this property is a smart investment. While the laundry facility is currently inactive, it could be revived to generate additional income with coin-operated machines. Whether you're looking to start or expand your real estate portfolio, this fourplex has great potential. One unit has been updated with a new kitchen, flooring, lighting, and AC.Drive By Only.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1972
- Baths:
- MLS#:
- 6743331
View additional info
Courtesy: eXp Realty
888-897-7821
ADDITIONAL INFORMATION
Investment Income Tempe. Opportunity to live in Tempe inside a 4 bedroom 2 bathroom 2 car garage home and have TWO rentals giving income from rents of the two 2 Bedroom and one bath units. Close to Arizona State University and Freeways, convenient location for all occupants. Large park in the neighborhood. Was an AirBNB in the past so the constant cleaning show. White cabinets brighten the interior. The investor you know or those who want to start by buying place to live and have rentals, will enjoy cash flow opportunity.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1961
- Baths:
- MLS#:
- 6740390
View additional info
Courtesy: ABI Multifamily
602-714-1400
ADDITIONAL INFORMATION
405 South Priest Drive (South) is a well maintained fourplex built in 1961 and recently renovated, near Arizona State University and major transportation routes, including Loop 202, SR-143, and I-10, as well as proximity to Phoenix Sky Harbor International Airport. The property consists of 100% 1-bedroom / 1-bathroom units, each offering 665 square feet of living space. In 2024, the property underwent extensive renovations, enhancing its appeal and functionality. Upgrades include new flooring, countertops, cabinetry, stainless-steel appliances, updated bathrooms, modern light fixtures, new doors, and fresh paint. The property is individually metered for electricity and features a shared laundry room, as well as separate storage areas for each unit.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1961
- Baths:
- MLS#:
- 6723731
View additional info
Courtesy: Barrett Real Estate
480-864-2100
ADDITIONAL INFORMATION
If you know the Tempe area, you know THIS is the location to be in as an investor! Located directly next to the highly desirable neighborhood of Broadmor, this single-level, fully occupied 4-unit will be a valuable addition to your investment portfolio whether you're an experienced investor or just starting out. This prime investment opportunity consists of Three(3)-1bd/1ba units plus One(1) 2bd/1ba unit, each unit with its own convenient dedicated parking spot in the rear, individually metered electric. Many updates throughout! Highly desirable central location with high tenant demand! Don't miss out on this exceptional opportunity to own a multifamily property in one of Tempe's most sought-after locations! Buyer to verify all facts and figures to their satisfaction.
$925,000
925 E HENRY Street Tempe, AZ 85288
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1957
- Baths:
- MLS#:
- 6719590
View additional info
Courtesy: Windermere Real Estate & Property Management
602-319-5363
ADDITIONAL INFORMATION
TWO SEPARATE Adjoining Homes - HUGE LOTS, nearly 1/2 ACRE of land, both lots have R-2 ZONING! PLENTY of land and adequate zoning to add more ADU units PLUS opportunity to add more sf to both existing homes to increase rents etc., seller has permits ready to go, buyer to verify all with city of Tempe. This sale includes: 925 E Henry St & 1100 N Esther St (two separate parcel/APN numbers). Both homes are 2 bedrooms, 1 bath, plus laundry room/office; carport, huge backyards and more! Both homes are currently rented: Henry St has a new 1-year lease of $ 1,895/mo., and we had over 25+ potential tenants to select from; and Esther St has been on a month-to-month lease for the last few years at the same rental rate. Over 40k+ net income. Buyer to verify all facts and figures. Well maintained, remodeled in 2015 with all new interiors: flooring, kitchen cabinets/countertops, blinds, plumbing, bathroom, light fixtures and ceiling fans, doors, baseboards, hardware, Trane ACs, and more! Separate utility meters for each home. Both homes have block fenced huge yards. These properties both back up to the commercial corner of Scottsdale Rd and Curry - so possible potential there also... check out the plat! Unique opportunity in a top location. Please don't disturb the tenants by walking the lot without permission from agent. THANK YOU!
$950,000
1321 W 5TH Street Tempe, AZ 85281
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1970
- Baths:
- MLS#:
- 6718601
View additional info
Courtesy: eXp Realty
888-897-7821
ADDITIONAL INFORMATION
Incredible Value-Add Opportunity! This prime investment property is in an Opportunity Zone and offers huge potential for savvy investors to increase returns. Fully occupied and with below-market rents, this well-maintained fourplex is ready for a strategic value-add play. Renovated in 2018 with a new roof and HVAC, it's situated in the heart of Tempe, steps from ASU, Mill Ave, and public transit—making it a hot spot for consistent rental demand. With its ideal location and opportunity for growth, this is the chance to capitalize on a high-demand area and elevate your portfolio with long-term appreciation and tax benefits!
$1,294,000
1224 S MAPLE Avenue Tempe, AZ 85281
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1950
- Baths:
- MLS#:
- 6704388
View additional info
Courtesy: Realty Executives
480-961-5800
ADDITIONAL INFORMATION
Highly desirable location, walking distance from ASU and nearby Downtown Tempe! This lot contains 3 separate detached units, located in the heart of Tempe. All 3 units have updated flooring, bathrooms and kitchens. The main home 3 bedroom and is approximately 1,800 square feet. The second unit is approximately 1,200 square feet with 2 bedrooms & 2 bathrooms. The third unit is approximately 600 square feet with one bedroom, 1 bath & a great room. Plenty of parking for all 3 homes, tandem drive through ''garage'' with three covered spaces & four additional spaces.
$790,000
1413 S JENTILLY Lane Tempe, AZ 85281
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1960
- Baths:
- MLS#:
- 6702127
View additional info
Courtesy: HomeSmart
602-230-7600
ADDITIONAL INFORMATION
BOTH UNITS are occupied w/lease for 1 year w/Tenant paying for utilities. Great Investment Property in the heart of Tempe! Walking distance to ASU and quick 202 freeway access. TRUE DUPLEX!! Two 2 bed, 1 bath units, individually metered; completely and beautifully updated. New Sewer lines all the way to the street. New Plumbing, New AC, & New Tankless Water Heaters. All New Windows and Doors. Brand New Bathroom, New Kitchen with modern quartz countertops, white shaker cabinets, & SS Appliances. New porcelain tile and baseboards throughout. New washer/dryer combo inside the units. New synthetic stucco and fresh paint. Ample backyard with dividing fence for privacy. Low maintenance courtyard with separate driveway for each unit. NO HOA. Please DO NOT disturb tenants.
$790,000
1411 S BONARDEN Lane Tempe, AZ 85281
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1959
- Baths:
- MLS#:
- 6702126
View additional info
Courtesy: HomeSmart
602-230-7600
ADDITIONAL INFORMATION
BOTH UNITS are occupied w/lease for 1 year w/Tenant paying for utilities. Great Investment Property in the heart of Tempe! Walking distance to ASU and quick 202 freeway access. TRUE DUPLEX!! Two 2 bed, 1 bath units, individually metered (gas & electric); completely and beautifully updated. New Sewer lines all the way to the street. New Plumbing, New AC, & New Tankless Water Heaters. All New Windows and Doors. Brand New Bathroom, New Kitchen with modern quartz countertops, white shaker cabinets, & SS Appliances. New porcelain tile and baseboards throughout. New washer/dryer combo inside the units. New synthetic stucco and fresh paint. Ample backyard with dividing fence for privacy. Low maintenance courtyard with separate driveway for each unit. NO HOA. Please DO NOT disturb tenants.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1953
- Baths:
- MLS#:
- 6657557
View additional info
Courtesy: DeLex Realty
602-910-3002
ADDITIONAL INFORMATION
This remodeled duplex property in Tempe! Upon arrival, you will be greeted with a well-kept landscape, a swaying shade tree, and a carport/covered patio! Walk into a great rooms inside, designed to maximize space for an airy feel. Offering wood-look floors, soothing paint, & recessed lighting. One living room showcases an accented fireplace, creating a warm & inviting atmosphere. Upgraded kitchens boast white shaker cabinets & granite counters. Both have two perfectly-sized bedrooms with primary bathrooms. The lovely backyard provides a relaxing covered patio & a grassy landscape. Community has amenities like a play area, a BIG gazebo, a lush greenbelt, & many more! Next to ASU! *Seller Financing Available* Also see documents tab for floor plan document. Seller is Motivated!
$1,000,000
522 W HOWE Street Tempe, AZ 85281
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1947
- Baths:
- MLS#:
- 6347108
View additional info
Courtesy: Keller Williams Realty Sonoran Living
480-759-4300
ADDITIONAL INFORMATION
TWO DUPLEX BUILDINGS. ALL 4 UNITS ARE 1-BEDROOM, 1-BATH. INVESTMENT OPPORTUNITY CLOSE TO ASU! **DRIVE BY ONLY** **DO NOT DISTURB TENANTS** **VIEWING ONLY AFTER ACCEPTED CONTRACT**
Information deemed reliable but not guaranteed. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. The ARMLS logo indicates a property listed by a real estate brokerage other than this broker. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Tempe Real Estate
The median home value in Tempe, AZ is $480,000. This is higher than the county median home value of $456,600. The national median home value is $338,100. The average price of homes sold in Tempe, AZ is $480,000. Approximately 36.21% of Tempe homes are owned, compared to 55.27% rented, while 8.53% are vacant. Tempe real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Tempe real estate agent to arrange a tour today!
Tempe, Arizona has a population of 178,862. Tempe is less family-centric than the surrounding county with 24.42% of the households containing married families with children. The county average for households married with children is 31.17%.
The median household income in Tempe, Arizona is $64,080. The median household income for the surrounding county is $72,944 compared to the national median of $69,021. The median age of people living in Tempe is 29.6 years.
Tempe Weather
The average high temperature in July is 104.1 degrees, with an average low temperature in January of 41.5 degrees. The average rainfall is approximately 9 inches per year, with 0 inches of snow per year.