Discover an exceptional investment opportunity with this fully renovated 4plex in the heart of Tempe, Arizona. This turnkey property boasts a consistent rental history, featuring four fully occupied two-bedroom, one-bath units. Three of the units were extensively renovated in 2018, showcasing modern maple cabinetry, elegant quartz countertops, stainless steel appliances, contemporary fixtures, new sinks, upgraded flooring, and fresh paint throughout. Unit D received a complete makeover in 2023, with sleek white shaker cabinetry, quartz countertops, brand-new stainless steel appliances, fully updated bathrooms, and chic wood-tile flooring. The exterior has been enhanced with a fresh coat of paint in 2023, and the parking lot has been redone, ensuring a well-maintained appearance. Situated in a desirable area of Tempe, this fourplex is conveniently located near shopping, dining, and entertainment options. Its proximity to Arizona State University (ASU) makes it an attractive choice for students and faculty, ensuring a consistent demand for rental units. ** each unit is individually metered!
Sold for $900,000
$900,000
1978 E DON CARLOS Avenue, Tempe, AZ 85281
8beds
4baths
2,800sqft
Multi Family
Built in 1974
-- sqft lot
$920,900 Zestimate®
$321/sqft
$1,946 Estimated rent
Home value
$920,900
$866,000 - $995,000
$1,946/mo
Zestimate® history
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$5,196/mo
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List your homeWhat's special
Contemporary fixturesParking lotFully updated bathroomsFresh coat of paintNew sinksEntertainment optionsStainless steel appliances
Zillow last checked:
Listing updated:
Listed by:
Shelby K DiBiase 602-330-1985,
eXp Realty
Bought with:
Kayli Morgan, SA693248000
Redfin Corporation
Source: ARMLS,MLS#: 6665930
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Free-Standing Range, Disposal, Refrigerator, Washer/Dryer
Features
- Flooring: Ceramic Tile
Interior area
- Total structure area: 2,800
- Total interior livable area: 2,800 sqft
Property
Parking
- Total spaces: 6
- Parking features: 1 Space/Unit
- Uncovered spaces: 6
Lot
- Size: 8,680 Square Feet
- Dimensions: 124 x 70
Details
- Parcel number: 13267039C
- Zoning: R-4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Brick
- Roof: Composition
Condition
- Year built: 1974
Utilities & green energy
- Electric: Individual Meter
- Sewer: Public Sewer
- Water: Individual Meter
Community & HOA
Community
- Features: No Pool
- Subdivision: RANCHO EL DORADO 1-26, 36-44
Location
- Region: Tempe
Financial & listing details
- Price per square foot: $321/sqft
- Tax assessed value: $754,100
- Annual tax amount: $1,977
- Date on market: 10/15/2025
- Cumulative days on market: 40 days
- Listing terms: Conventional
- Ownership: Fee Simple
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 3/29/2024 | Sold | $900,000+0.6%$321/sqft |
Source:  ARMLS #6665930 Report a problem | ||
| 2/19/2024 | Listed for sale | $895,000+47.4%$320/sqft |
Source: ARMLS #6665930 Report a problem | ||
| 5/13/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 5/2/2021 | Listed for rent | $985 |
Source: Zillow Rental Manager Report a problem | ||
| 4/30/2019 | Sold | $607,000-8%$217/sqft |
Source: ARMLS #5874422 Report a problem | ||
| 4/29/2019 | Pending sale | $660,000$236/sqft |
Source: ABI Multifamily #5874422 Report a problem | ||
| 3/20/2019 | Listed for sale | $660,000$236/sqft |
Source: ABI Multifamily #5874422 Report a problem | ||
| 3/3/2019 | Pending sale | $660,000$236/sqft |
Source: ABI Multifamily #5874422 Report a problem | ||
| 1/28/2019 | Listed for sale | $660,000+37.5%$236/sqft |
Source: ABI Multifamily #5874422 Report a problem | ||
| 10/17/2018 | Sold | $480,000+85.3%$171/sqft |
Source: Public Record Report a problem | ||
| 6/30/2014 | Sold | $259,000+61.9%$93/sqft |
Source: Public Record Report a problem | ||
| 9/26/2013 | Sold | $160,000-19.6%$57/sqft |
Source: Public Record Report a problem | ||
| 7/23/2013 | Listed for sale | $199,000-50.4%$71/sqft |
Source: Real Living SJ Fowler Real Estate #4971503 Report a problem | ||
| 11/8/2005 | Sold | $401,000+472.9%$143/sqft |
Source: Public Record Report a problem | ||
| 8/10/1994 | Sold | $70,000$25/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,132 +7% | $75,410 -4.6% |
| 2024 | $1,993 +1.2% | $79,020 +387.7% |
| 2023 | $1,969 +3.8% | $16,204 -67.7% |
| 2022 | $1,896 +2.4% | $50,180 +19.3% |
| 2021 | $1,852 +1.9% | $42,060 +13.5% |
| 2020 | $1,816 +2.5% | $37,070 +21.7% |
| 2019 | $1,771 | $30,460 +5.9% |
| 2018 | $1,771 +3.1% | $28,750 +15.5% |
| 2017 | $1,719 +4.9% | $24,900 +5.6% |
| 2016 | $1,639 -6% | $23,580 +15.1% |
| 2015 | $1,744 | $20,480 +53.2% |
| 2014 | -- | $13,370 +41.2% |
| 2013 | -- | $9,470 -25.7% |
| 2012 | -- | $12,750 -12.3% |
| 2011 | -- | $14,530 -24.1% |
| 2010 | -- | $19,150 -34.1% |
| 2009 | -- | $29,070 -1.1% |
| 2008 | -- | $29,400 +26.5% |
| 2007 | -- | $23,250 +69.7% |
| 2006 | -- | $13,700 |
| 2005 | -- | $13,700 -3.9% |
| 2004 | -- | $14,250 |
| 2003 | -- | $14,250 +22.3% |
| 2002 | -- | $11,650 |
Find assessor info on the county website
Neighborhood: Alegre Community
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Nearby schools
GreatSchools rating
- 4/10Thew Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 3/10Connolly Middle SchoolGrades: 6-8Distance: 1 mi
- 8/10McClintock High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- District: Tempe Elementary 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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Estimated market value
$920,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$920,900
- Arizona
- Maricopa County
- Tempe
- 85281
- Alegre Community
- 1978 E DON CARLOS Avenue
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