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For sale
  • $650,000

    509 W 2ND Street, Tempe, AZ 85281

    3beds
    3baths
    1,560sqft
    : 
    $3,959/mo
    Get pre-qualified
    Multi Family
    Built in 1955
    -- sqft lot
    $-- Zestimate®
    $417/sqft
    $-- HOA

    What's special

    Downtown Tempe Triplex. Genuinely close to Valley Metro Light Rail, Town Lake, Tempe Streetcar, and Arizona State University. Neighboring Mill Avenue dining, shopping, and entertainment. Well-cared-for, low-maintenance building that speaks to the rarity and desirability of a multifamily property in this location. New roof 2024; 2 new A/C units and 3 new tankless smart water heaters installed in 2026. Suitable for an investor or owner-occupants looking to live in one unit while generating rental income from the other two. Seller Will Consider buyer closing cost concessions.
    26 days
    99
    2

    Zillow last checked:

    Listing updated:

    Listed by:

    Jared A English 888-881-4118,

    Congress Realty, Inc.

    Source: ARMLS,MLS#: 7062358MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Built-In Range, Dishwasher, Refrigerator, Washer/Dryer
      Features
      • Flooring: Tile, Concrete
      Interior area
      • Total structure area: 1,560
      • Total interior livable area: 1,560 sqft

      Property

      Parking
      • Total spaces: 5
      • Parking features: Off Street
      • Uncovered spaces: 5
      Lot
      • Size: 7,008 Square Feet
      • Dimensions: 73 x 96
      Details
      • Parcel number: 12432044D
      • Zoning: R3

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Painted, Block
      • Roof: Composition,Foam
      Condition
      • Year built: 1955

      Utilities & green energy

      • Electric: APS
      • Sewer: Public Sewer
      • Water: Master Meter

      Community & HOA

      Community
      • Features: No Pool
      • Subdivision: STATE PLAT NO 12 AMD
      Location
      • Region: Tempe

      Financial & listing details

      • Price per square foot: $417/sqft
      • Annual tax amount: $1,468
      • Date on market: 8/4/2026
      • Cumulative days on market: 26 days
      • Listing terms: Conventional,FHA
      • 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
        8/4/2026Listed for sale$650,000-3.7%$417/sqft
        Source: ARMLS #7062358 Report a problem
        7/12/2024Listing removed$675,000$433/sqft
        Source: ARMLS #6716884 Report a problem
        6/9/2024Listed for sale$675,000$433/sqft
        Source: ARMLS #6716884 Report a problem
        8/11/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        8/3/2022Listed for rent$1,100+46.7%$1/sqft
        Source: Zillow Rental Manager Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        11/28/2017Listing removed$750
        Source: Owner Report a problem
        11/11/2017Listed for rent$750
        Source: Owner Report a problem

        Public tax history

        Tax history is unavailable.
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 85281

        Getting around

        54 / 100
        Somewhat Walkable
        0 / 100
        No Nearby Transit
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Scales Technology Academy
        • 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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