Tempe AZ Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1961
Baths:
MLS#:
6766239

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:
1963
Baths:
MLS#:
6752006

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:
1961
Baths:
MLS#:
6740390

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:
1970
Baths:
MLS#:
6718601

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!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1950
Baths:
MLS#:
6704388

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.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1960
Baths:
MLS#:
6702127

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.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1959
Baths:
MLS#:
6702126

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

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!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1947
Baths:
MLS#:
6347108

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**

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Andrea Conner, License #BR685747000, Xome Inc., License #LC658141000 [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


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 $426,900. This is lower 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 $426,900. 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 85281 has a population of 178,862. Tempe 85281 is less family-centric than the surrounding county with 24.95% 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 85281 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 85281 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.

Tempe Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    90
    30-day change

Tempe Schools and Demographics

Education near Tempe, AZ

Metric City County
High School Graduates 93.45 88.84
College Degree - 2 year 7.87 8.92
College Degree - 4 year 47.55 34.36
Graduate Degree 14.09 9.3
Expenditures per Student 10,564 10,564
Students per Teacher 18.2 18.2

Elementary Schools near Tempe, AZ

School Grades Students P/T Ratio ZIP
Children First Academy - Tempe KG - 08 202 85281
Flora THEW Elementary School KG - 06 645 17.2 85281
Holdeman Elementary School PK - 05 618 17 85281
Laird Elementary School KG - 08 433 14.5 85281
Scales Technology Academy KG - 05 533 15.8 85281

Middle Schools near Tempe, AZ

School Grades Students P/T Ratio ZIP
Gililland Middle School 06 - 08 901 15.1 85281
New School for the Arts Middle School 06 - 08 71 85281

High Schools near Tempe, AZ

School Grades Students P/T Ratio ZIP
New School for the Arts 09 - 12 195 85281
Student Choice High School 09 - 12 130 85281
Tempe High School 09 - 12 1,550 19.9 85281

Ungraded Schools near Tempe, AZ

School Grades Students P/T Ratio ZIP
* EVIT - Tempe High School 09 - 12 1 85281
Integrity Education Centre KG - 12 53 85281

Demographics near Tempe, AZ 85281

Metric Zip Code City
Neighborhood Type Suburban
Population 178,862 4,367,186
Population Density 4,474 475
Median Age 29.6 36.9
People per Household 2.3 2.6
Median Household Income 64,080 72,944
Average Income per Capita 35,880 37,570