Tempe AZ Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Year built:
1963
Baths:
MLS#:
6799565

ADDITIONAL INFORMATION

Located in the heart of Tempe, this 18-unit apartment complex presents a turnkey investment opportunity in a high-demand market. Situated just minutes from Arizona State University, downtown Tempe, major freeways, and public transit, this property's prime location attracts a steady stream of tenants for consistent rental income in a thriving metropolitan area.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1972
Baths:
MLS#:
6743331

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#:
6723731

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.

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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 2025 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 85282 has a population of 178,862. Tempe 85282 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 85282 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 85282 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

    123
    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
Arredondo Elementary School KG - 05 350 16.5 85282
Broadmor Elementary School KG - 05 673 19.2 85282
Carminati School KG - 05 372 15.2 85282
Curry Elementary School KG - 05 560 16.4 85282
Hudson Elementary School KG - 05 476 18.2 85282
Imagine Tempe KG - 08 280 85282
Ward Traditional Academy KG - 08 483 19.4 85282

Middle Schools near Tempe, AZ

School Grades Students P/T Ratio ZIP
Connolly Middle School 06 - 08 1,058 18.4 85282
Evans Elementary School PK - 05 0 85282
Tempe Academy of International Studies McKemy Campus 06 - 07 198 20.4 85282
Tempe Preparatory Junior Academy 05 - 08 206 85282

High Schools near Tempe, AZ

School Grades Students P/T Ratio ZIP
Edoptions HS Learning Center 09 - 12 366 85282
Humanities and Science High School - Tempe 09 - 12 4 85282
Humanities and Sciences Academy Arizona 09 - 12 67 85282
International Commerce High School - Tempe 09 - 12 173 85282
Kaizen Education Foundation DBA Quest High School 09 - 12 25 85282
McClintock High School 09 - 12 1,771 21.9 85282
Pinnacle High School - Tempe 09 - 12 66 85282
Pinnacle Virtual High School 06 - 12 259 85282

Ungraded Schools near Tempe, AZ

School Grades Students P/T Ratio ZIP
* EVIT - McClintock High School 09 - 12 3 85282

Demographics near Tempe, AZ 85282

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