Incredible Tempe investment opportunity! This fully leased, single story 4-plex features long-term, reliable tenants & has been professionally managed for years. All tenants are current on rent, some under market. Major updates, including roof and all AC units, were completed in 2018. Ideally located minutes from ASU, downtown Tempe, Tempe Town Lake, major freeways (Loop 202, 101 & I-10) and multiple bus lines. Quick access to top area employers like State Farm, ADP, Amazon, and Wells Fargo. Covered and uncovered parking at rear of property and shared laundry facility on site. Plus, room to add Tenant value with some interior and exterior cosmetic updates, reflected in list price. This property offers strong value in one of the Valley's most sought-after rental markets.
Sold for $827,000
Zillow last checked:
Listing updated:
Bought with:
Christine R Boyko, SA514758000
West USA Realty
Source: ARMLS,MLS#: 6885871
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2025 | Sold | $827,000-8%$295/sqft |
Source:  ARMLS #6885871 Report a problem | ||
| 8/20/2025 | Pending sale | $899,000$321/sqft |
Source: ARMLS #6885871 Report a problem | ||
| 6/27/2025 | Listed for sale | $899,000-5.4%$321/sqft |
Source: ARMLS #6885871 Report a problem | ||
| 12/13/2024 | Listing removed | $950,000$339/sqft |
Source: ARMLS #6718601 Report a problem | ||
| 10/1/2024 | Price change | $950,000-5%$339/sqft |
Source: ARMLS #6718601 Report a problem | ||
| 6/13/2024 | Listed for sale | $1,000,000+96.1%$357/sqft |
Source: ARMLS #6718601 Report a problem | ||
| 1/21/2019 | Sold | $510,000-2.8%$182/sqft |
Source: ARMLS #5858622 Report a problem | ||
| 12/18/2018 | Listed for sale | $524,900+40%$187/sqft |
Source: Sterling Fine Properties #5858622 Report a problem | ||
| 4/25/2017 | Sold | $375,000-5.1%$134/sqft |
Source: Public Record Report a problem | ||
| 4/12/2017 | Pending sale | $395,000$141/sqft |
Source: S. J. Fowler Real Estate, Inc. #5587345 Report a problem | ||
| 4/8/2017 | Listed for sale | $395,000$141/sqft |
Source: S. J. Fowler Real Estate, Inc. #5587345 Report a problem | ||
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Estimated market value
$949,700
