509 W 2nd Street, Tempe, AZ 85281
- $650,000
- 3
- BD
- 3
- BA
- List Price
- $650,000
- Status
- ACTIVE UNDER CONTRACT
- Days on Market
- 8
- MLS#
- 7062358
- Subtype
- Multiple Dwellings
- Year Built
- 1955
- Bedrooms
- 3
- Bathrooms
- 3
- Subdivision
- State Plat No 12 Amd
Property Description
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.
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Additional Information
- Taxes
- $1,468
- Zoning
- R3
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Block, Painted
- Parking Features
- Off Street
- Elementary School
- Scales Technology Academy
- High School
- Tempe High School
Mortgage Calculator
Listing courtesy of Listing Agent: Jared A English (888-881-4118) from Listing Office: Congress Realty, Inc..
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.