1978 E Don Carlos Avenue, Tempe, AZ 85281

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Sold Price
$900,000
List Price
$895,000
Status
CLOSED
Days on Market
40
Closing Date
Mar 29, 2024
MLS#
6665930
Subtype
Multiple Dwellings
Year Built
1974
Bedrooms
8
Bathrooms
4
Subdivision
Rancho El Dorado 1-26, 36-44

Property Description

Discover an exceptional investment opportunity with this fully renovated 4plex in the heart of Tempe, Arizona. This turnkey property boasts a consistent rental history, featuring four fully occupied two-bedroom, one-bath units. Three of the units were extensively renovated in 2018, showcasing modern maple cabinetry, elegant quartz countertops, stainless steel appliances, contemporary fixtures, new sinks, upgraded flooring, and fresh paint throughout. Unit D received a complete makeover in 2023, with sleek white shaker cabinetry, quartz countertops, brand-new stainless steel appliances, fully updated bathrooms, and chic wood-tile flooring. The exterior has been enhanced with a fresh coat of paint in 2023, and the parking lot has been redone, ensuring a well-maintained appearance. Situated in a desirable area of Tempe, this fourplex is conveniently located near shopping, dining, and entertainment options. Its proximity to Arizona State University (ASU) makes it an attractive choice for students and faculty, ensuring a consistent demand for rental units. ** each unit is individually metered!

Additional Information

Taxes
$1,977
Zoning
R-4
Flooring
Ceramic Tile
Appliances
Free-Standing Range, Refrigerator, Disposal, Washer/Dryer
Heating
Electric
Air Conditioning
Central Air
Exterior Construction
Brick, Painted
Parking Features
1 Space/Unit

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Shelby K DiBiase (602-330-1985) from Listing Office: eXp Realty.

Selling Office: Redfin Corporation.

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.