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Sold for $840,000
    • $840,000

    1217 W Southern Avenue, Tempe, AZ 85282

    8beds
    4baths
    3,000sqft
    Multi Family
    Built in 1970
    -- sqft lot
    $824,700 Zestimate®
    $280/sqft
    $1,772 Estimated rent

    Home value

    $824,700

    $750,000 - $907,000

    $1,772/mo

    Zestimate® history
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    What's special

    Gated patio areaFully renovated interiorsNew roof
    1217 W Southern Ave is a 4-unit multifamily community located in the West Tempe Submarket of Tempe, AZ. This asset is strategically positioned within close proximity to the ASU Tempe campus, and features 100% two-bedroom, 1 bathroom floorplans averaging approximately 750 sq. ft. The building underwent a significant renovation in 2017 and has a new roof along with on-site laundry and storage. Each unit features fully renovated interiors and a gated patio area, with a current average rent of $1,738/month. This is a unique opportunity to acquire a turn-key asset located in a highly desirable location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bradley Skenderian 949-533-5594,

    Matthews Real Estate Investment Services

    Bought with:

    Keri Means, BR534554000

    Wise Realty AZ

    Source: ARMLS,MLS#: 6819034MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Other, See Remarks, None
    Cooling
    • Electric
    Appliances
    • Included: Free-Standing Range, Dishwasher, Refrigerator, Microwave
    Features
    • Flooring: Ceramic Tile
    Interior area
    • Total structure area: 3,000
    • Total interior livable area: 3,000 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Carport
    • Has carport: Yes
    • Covered spaces: 4
    • Uncovered spaces: 4
    Lot
    • Size: 9,250 Square Feet
    • Dimensions: 9250
    Details
    • Parcel number: 12342069
    • Zoning: M-M

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Painted, Block
    • Roof: Composition
    Condition
    • Year built: 1970

    Utilities & green energy

    • Electric: APS
    • Sewer: Public Sewer
    • Water: City Franchise

    Community & HOA

    Community
    • Features: No Pool
    • Subdivision: WESTWAY PARK
    Location
    • Region: Tempe

    Financial & listing details

    • Price per square foot: $280/sqft
    • Tax assessed value: $769,800
    • Annual tax amount: $2,533
    • Date on market: 11/1/2025
    • Cumulative days on market: 23 days
    • Listing terms: Conventional
    • Ownership: Fee Simple
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    4/21/2025Sold$840,000-6.1%$280/sqft
    Source: ARMLS #6819034 Report a problem
    3/10/2025Listing removed$1,648$1/sqft
    Source: Zillow Rentals Report a problem
    3/8/2025Price change$1,648-0.1%$1/sqft
    Source: Zillow Rentals Report a problem
    3/6/2025Pending sale$895,000$298/sqft
    Source: ARMLS #6819034 Report a problem
    2/22/2025Price change$895,000-5.7%$298/sqft
    Source: ARMLS #6819034 Report a problem
    2/14/2025Price change$1,649-2.7%$1/sqft
    Source: Zillow Rentals Report a problem
    2/11/2025Listed for sale$949,500-13.7%$317/sqft
    Source: ARMLS #6819034 Report a problem
    1/31/2025Price change$1,695-0.3%$1/sqft
    Source: Zillow Rentals Report a problem
    12/18/2024Price change$1,700-5.6%$1/sqft
    Source: Zillow Rentals Report a problem
    11/9/2024Listed for rent$1,800+80%$1/sqft
    Source: Zillow Rentals Report a problem
    10/4/2024Listing removed$1,100,000$367/sqft
    Source: ARMLS #6707013 Report a problem
    5/17/2024Listed for sale$1,100,000+29.4%$367/sqft
    Source: ARMLS #6707013 Report a problem
    11/16/2019Listing removed$850,000$283/sqft
    Source: RE/MAX Excalibur #5911649 Report a problem
    4/15/2019Listed for sale$850,000+8.5%$283/sqft
    Source: RE/MAX Excalibur #5911649 Report a problem
    1/7/2019Listing removed$783,750$261/sqft
    Source: Taylor Street Real Estate LLC #5803648 Report a problem
    11/29/2018Price change$783,7500%$261/sqft
    Source: Taylor Street Real Estate LLC #5803648 Report a problem
    10/19/2018Price change$783,800-0.1%$261/sqft
    Source: Taylor Street Real Estate LLC #5803648 Report a problem
    9/28/2018Price change$784,8000%$262/sqft
    Source: Taylor Street Real Estate LLC #5803648 Report a problem
    9/17/2018Price change$784,8500%$262/sqft
    Source: Taylor Street Real Estate LLC #5803648 Report a problem
    9/7/2018Price change$784,9000%$262/sqft
    Source: Taylor Street Real Estate LLC #5803648 Report a problem
    8/31/2018Price change$784,9500%$262/sqft
    Source: Taylor Street Real Estate LLC #5803648 Report a problem
    8/7/2018Listed for sale$785,000+58.6%$262/sqft
    Source: Taylor Street Real Estate LLC #5803648 Report a problem
    5/13/2018Listing removed$1,000
    Source: Owner Report a problem
    5/3/2018Listed for rent$1,000
    Source: Owner Report a problem
    11/9/2017Sold$495,000-1%$165/sqft
    Source: ARMLS #5668375 Report a problem
    10/3/2017Listed for sale$499,990+57.5%$167/sqft
    Source: Realty ONE Group #5668375 Report a problem
    6/19/2017Sold$317,500+9.9%$106/sqft
    Source: Public Record Report a problem
    5/10/2017Sold$289,000+92.8%$96/sqft
    Source: Public Record Report a problem
    11/29/1999Sold$149,900$50/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,733 +7%$76,980 -4.8%
    2024$2,553 +1.2%$80,860 +289.4%
    2023$2,523 +3.8%$20,765 -57%
    2022$2,430 +2.4%$48,330 +28%
    2021$2,373 +1.9%$37,760 +15.3%
    2020$2,328 +2.5%$32,750 +26.6%
    2019$2,270 $25,860 -8.9%
    2018$2,270 +3.1%$28,400 +15.7%
    2017$2,202 +4.9%$24,550 +5.7%
    2016$2,100 -9.4%$23,230 -1.2%
    2015$2,318 $23,510 +25.9%
    2014-- $18,680 +60.8%
    2013-- $11,620 -4.2%
    2012-- $12,130 -19.6%
    2011-- $15,080 -21.4%
    2010-- $19,180 -34.1%
    2009-- $29,110 -1.1%
    2008-- $29,430 +22.1%
    2007-- $24,100 +38.1%
    2006-- $17,450
    2005-- $17,450 +24.2%
    2004-- $14,050
    2003-- $14,050 +25.4%
    2002-- $11,200
    Find assessor info on the county website

    Neighborhood: Southern Palms

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    Estimated market value
    $824,700
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    Estimated market value
    $824,700

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