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For sale
    • Price cut: $95K (7/10)
    $1,395,000

    1214 S FARMER Avenue, Tempe, AZ 85281

    7beds
    --baths
    5,859sqft
    : 
    $8,489/mo
    Get pre-qualified
    Multi Family
    Built in 1947
    -- sqft lot
    $-- Zestimate®
    $238/sqft
    $-- HOA

    What's special

    The property consists of seven units, across two buildings. The front building is a single story triplex, while the rear building is a two story loft style fourplex. The property is extremely well located, being just west of ASU's Tempe Campus. The unit mix is unknown, however two tenants are long term and five are short term.
    54 days
    |
    229
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Beth Jo Zeitzer 602-319-1326,

    R.O.I. Properties,

    Jake Vice 480-273-0212,

    R.O.I. Properties

    Source: ARMLS,MLS#: 7036697MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      Heating
      • Natural Gas
      Cooling
      • Electric
      Appliances
      • Included: Dishwasher, Refrigerator, Washer/Dryer
      Features
      • Flooring: Other, Carpet, Ceramic Tile, Vinyl
      Interior area
      • Total structure area: 5,859
      • Total interior livable area: 5,859 sqft

      Property

      Parking
      • Total spaces: 7
      • Parking features: 1 Space/Unit
      • Covered spaces: 4
      • Uncovered spaces: 3
      Lot
      • Size: 9,500 Square Feet
      • Dimensions: 9500
      Details
      • Parcel number: 12470025
      • Zoning: R-3

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Stucco, Block
      • Roof: Composition,Foam
      Condition
      • Year built: 1947

      Utilities & green energy

      • Electric: APS, Individual Meter
      • Sewer: Public Sewer
      • Water: City Franchise

      Community & HOA

      Community
      • Features: Other, See Remarks
      • Subdivision: STATE COLLEGE HOMES LOTS 41-48
      Location
      • Region: Tempe

      Financial & listing details

      • Price per square foot: $238/sqft
      • Tax assessed value: $805,100
      • Annual tax amount: $2,248
      • Date on market: 6/3/2026
      • Cumulative days on market: 55 days
      • Listing terms: Conventional,1031 Exchange
      • Ownership: Fee Simple
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/10/2026Price change$1,395,000-6.4%$238/sqft
        Source: ARMLS #7036697 Report a problem
        6/3/2026Listed for sale$1,490,000+35.5%$254/sqft
        Source: ARMLS #7036697 Report a problem
        12/18/2020Sold$1,100,000-6.4%$188/sqft
        Source: ARMLS #6156027 Report a problem
        11/4/2020Listed for sale$1,175,000+2.2%$201/sqft
        Source: S.J. Fowler Real Estate, Inc. #6156027 Report a problem
        10/25/2019Listing removed$1,150,000$196/sqft
        Source: HomeSmart #5806503 Report a problem
        8/14/2018Listed for sale$1,150,000+74.2%$196/sqft
        Source: HomeSmart #5806503 Report a problem
        6/30/2016Sold$660,000-1.9%$113/sqft
        Source: ARMLS #5320345 Report a problem
        4/22/2016Pending sale$673,000$115/sqft
        Source: S. J. Fowler Real Estate, Inc. #5320345 Report a problem
        3/21/2016Price change$673,0000%$115/sqft
        Source: S. J. Fowler Real Estate, Inc. #5320345 Report a problem
        3/15/2016Price change$673,2500%$115/sqft
        Source: S. J. Fowler Real Estate, Inc. #5320345 Report a problem
        2/17/2016Price change$673,500-0.1%$115/sqft
        Source: S. J. Fowler Real Estate, Inc. #5320345 Report a problem
        2/8/2016Price change$674,000-0.1%$115/sqft
        Source: S. J. Fowler Real Estate, Inc. #5320345 Report a problem
        2/1/2016Price change$674,5000%$115/sqft
        Source: S. J. Fowler Real Estate, Inc. #5320345 Report a problem
        1/25/2016Price change$674,7500%$115/sqft
        Source: S. J. Fowler Real Estate, Inc. #5320345 Report a problem
        12/16/2015Price change$675,000+1.8%$115/sqft
        Source: S. J. Fowler Real Estate, Inc. #5320345 Report a problem
        12/8/2015Pending sale$663,000$113/sqft
        Source: S. J. Fowler Real Estate, Inc. #5320345 Report a problem
        11/23/2015Price change$663,000-0.1%$113/sqft
        Source: S. J. Fowler Real Estate, Inc. #5320345 Report a problem
        11/20/2015Price change$663,500-0.1%$113/sqft
        Source: S. J. Fowler Real Estate, Inc. #5320345 Report a problem
        11/12/2015Price change$664,000-0.1%$113/sqft
        Source: S. J. Fowler Real Estate, Inc. #5320345 Report a problem
        11/5/2015Price change$664,500-0.1%$113/sqft
        Source: S. J. Fowler Real Estate, Inc. #5320345 Report a problem
        8/13/2015Listed for sale$665,000$114/sqft
        Source: S. J. Fowler Real Estate, Inc. #5320345 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,238 +7%$80,510 -5.4%
        2024$2,092 +1.2%$85,150 +400.6%
        2023$2,067 +3.8%$17,011 -70.4%
        2022$1,991 +2.4%$57,470 +17.5%
        2021$1,944 +1.9%$48,930 +14.1%
        2020$1,907 +2.6%$42,880 +19.6%
        2019$1,860 $35,860 +18.5%
        2018$1,860 +3.1%$30,260 +44.4%
        2017$1,804 +4.9%$20,960 +14.3%
        2016$1,721 -8.7%$18,330 +0.9%
        2015$1,885 $18,160 +20.8%
        2014-- $15,030 +56.4%
        2013-- $9,610 -7.7%
        2012-- $10,410 -58.2%
        2011-- $24,886 -33%
        2010-- $37,124 -4%
        2009-- $38,668 +31.4%
        2008-- $29,421 +68%
        2006-- $17,516
        2005-- $17,516 +29.4%
        2004-- $13,541
        2003-- $13,541 +3.2%
        2002-- $13,116
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Mitchell Park East

        Getting around

        68 / 100
        Somewhat Walkable
        59 / 100
        Good Transit
        90 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Holdeman Elementary School
        • Middle: Geneva Epps Mosley Middle School
        • High: Tempe High School
        • District: Tempe School District

        Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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