For sale

$779,000

2044 S FOREST Avenue, Tempe, AZ 85282

4beds

2baths

1,700sqft

$5,002/mo

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Multi Family

Built in 1955

-- sqft lot

$-- Zestimate^®

$458/sqft

$-- HOA

What's special

Fenced yardBeautifully updated bathsPrivate laundryLuxury vinyl flooringSpacious bedroomsWell-designed floorplan

NOT YOUR TYPICAL DUPLEX! This TURNKEY, REMODELED income property offers two private 2 bed/1 bath units that live like single-family homes! Each has its own street frontage, private carport with 2-car paver driveway, & a well-designed floorplan with a large living area, spacious bedrooms, private laundry & fenced yard. Both interiors have been extensively updated with NEW modern kitchens featuring quartz counters & stainless appliances, luxury vinyl flooring, beautifully updated baths & designer fixtures/finishes throughout. One unit is leased at $2,000/mo with the second offered at $2,250/mo - POTENTIAL GROSS INCOME OF $51,000/YEAR! Perfect for an investor OR owner-occupant looking to offset their payment with rental income. Prime Tempe location minutes from ASU, Downtown Tempe & Mill Ave.

16 days
281
17

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Heat Pump, Zoned, Electric

Cooling

Ceiling Fan(s), Electric, 2 or More Units

Appliances

Included: Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer

Features

Flooring: Vinyl

Interior area

Total structure area: 1,700
Total interior livable area: 1,700 sqft

Property

Parking

Total spaces: 6
Parking features: >1 Space Per Unit, Carport
Has carport: Yes
Covered spaces: 2
Uncovered spaces: 4

Lot

Size: 8,970 Square Feet
Dimensions: 130'' x 69''

Details

Parcel number: 13323028B
Zoning: R-3

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vertical Siding, Painted, Block
Roof: Composition

Condition

Year built: 1955

Utilities & green energy

Electric: SRP
Sewer: Public Sewer
Water: City Franchise

Community & HOA

Community

Features: No Pool
Subdivision: TEMPE ACRES

Location

Region: Tempe

Financial & listing details

Price per square foot: $458/sqft
Tax assessed value: $508,700
Annual tax amount: $1,633
Date on market: 9/16/2026
Cumulative days on market: 16 days
Listing terms: VA Loan,Cash,Conventional,FHA
Ownership: Fee Simple
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/16/2026	Listed for sale	$779,000+83.3%$458/sqft
Source: ARMLS #7080690 Report a problem
8/21/2026	Listing removed	$2,000$1/sqft
Source: Zillow Rentals Report a problem
8/6/2026	Listed for rent	$2,000$1/sqft
Source: Zillow Rentals Report a problem
3/13/2026	Sold	$425,000$250/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,627 +7%	$50,870 -0.1%
2024	$1,520 +1.2%	$50,900 +311.8%
2023	$1,502 +3.8%	$12,360 -66.1%
2022	$1,447 +2.4%	$36,480 +16.3%
2021	$1,412 +1.9%	$31,370 +12%
2020	$1,386 +2.5%	$28,000 +19.1%
2019	$1,351	$23,500 +33.3%
2018	$1,351 +3.1%	$17,630 +10.8%
2017	$1,311 +4.8%	$15,910 +10.9%
2016	$1,250 -11.7%	$14,350 +0.6%
2015	$1,415	$14,260 +21.2%
2014	--	$11,770 +75.7%
2013	--	$6,700 -16.3%
2012	--	$8,000 -24.7%
2011	--	$10,620 -19.5%
2010	--	$13,200 -32.6%
2009	--	$19,580 -0.2%
2008	--	$19,610 +10.5%
2007	--	$17,750 +53.7%
2006	--	$11,550
2005	--	$11,550 +92%
2004	--	$6,017
2003	--	$6,017 +2.7%
2002	--	$5,861