1217 W Southern Avenue, Tempe, AZ 85282

$840,000

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Sold Price
$840,000
List Price
$895,000
Status
CLOSED
Days on Market
23
Closing Date
Apr 21, 2025
MLS#
6819034
Subtype
Multiple Dwellings
Year Built
1970
Subdivision
Westway Park

Property Description

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.

Additional Information

Taxes
$2,533
Zoning
M-M
Flooring
Ceramic Tile
Heating
Other, See Remarks, None
Air Conditioning
Electric
Exterior Construction
Painted, Block
Parking Features
Carport
School District
Tempe Union High School District

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Bradley Skenderian (949-533-5594) from Listing Office: Matthews Real Estate Investment Services.

Selling Office: Wise Realty AZ.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.