1301 W 3rd Street, Tempe, AZ 85281
- $800,000
- Sold Price
- $800,000
- List Price
- $825,000
- Status
- CLOSED
- Days on Market
- 34
- Closing Date
- Sep 30, 2025
- MLS#
- 6905604
- Subtype
- Multiple Dwellings
- Year Built
- 1979
- Subdivision
- Griffith Estates
Property Description
Prime Tempe 4-Plex - Great investment opportunity in a highly sought-after Tempe location! The property features two spacious 2-bedroom/1-bath units and two 1-bedroom/1-bath units, each with its own front patio. The one-bedroom units also enjoy private enclosed yards, perfect for added tenant appeal. Shared amenities include an on-site laundry room and rear parking. Nestled on a quiet, well-kept street with numerous remodeled homes, this property is just minutes from ASU campus, Carvana Headquarters, Phoenix Sky Harbor International Airport, the 202 freeway. With some long-term tenants already in place, there's significant upside potential for upgrades and market rent increases. Exceptional Value-Add Potential. Please do not disturb residents!
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Additional Information
- Taxes
- $2,092
- Zoning
- R3
- Flooring
- Carpet, Ceramic Tile, Vinyl
- Heating
- Electric
- Air Conditioning
- Central Air, Ceiling Fan(s), Electric
- Exterior Construction
- Painted, Block
- Parking Features
- Paved
- School District
- Tempe Union High School District
- Elementary School
- Scales Technology Academy
- Middle School
- Geneva Epps Mosley Middle School
- High School
- Tempe High School
Mortgage Calculator
Listing courtesy of Listing Agent: Jacquelyn E Shoffner (602-881-5494) from Listing Office: Real Broker.
Selling Office: Keller Williams Realty Phoenix.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.