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$850,000
5 Beds ⋅ 3 Baths ⋅ 7067136 MLS
Premier ASU Investment Opportunity -- renovated main house + detached ADU in process! Rare 11,000+ sqft lot minutes from Arizona State University. Ideal as a high-demand student rental, owner-occupied investment, or long-term hold. Move-in-ready 4BD/2BA main house w/ fresh paint & new flooring. New detached 1BD/1BA guest house--private entrance, full kitchen, stacked laundry--currently in process. Upgraded primary bath also underway. Projected combined rents $4,850-$5,450/mo; plans, timeline & rent analysis available on request. No HOA, detached garage + 6 spaces. Renderings depict completed construction. Cash & renovation-friendly financing welcome.

111 E Bonita Way, Tempe

Listing courtesy of Listing Agent: Brian J Cunningham (480-370-6160) from Listing Office: eXp Realty.
$675,000
2 Beds ⋅ 4 Baths ⋅ 7065156 MLS
Exceptional investment opportunity in the heart of Tempe. Beautifully remodeled duplex offers an ideal location just minutes from ASU, shopping, dining, entertainment and major transportation. Each unit features one bedroom and one bathroom with a completely remodeled interior creating a fresh, modern and move in ready living space. Both units include all appliances, making them attractive to students, professionas or long term tenants. Eash side has carport exterior storage, additional storage space, ability to install a washer and dryer adding another desirable amenity for future tenants. With its prime Tempe location by ASU, completely renewed, its an excellent opportunity for an investor. Duplex has been non smoking Please use WFG National Title property has a benef deed in place

625 W 12th Street, Tempe

Listing courtesy of Listing Agent: Tammy Colleen Schembri (602-577-9330) from Listing Office: RE/MAX Fine Properties.
$650,000
3 Beds ⋅ 3 Baths ⋅ 7062358 MLS
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.

509 W 2nd Street, Tempe

Listing courtesy of Listing Agent: Jared A English (888-881-4118) from Listing Office: Congress Realty, Inc..
$769,999
7057410 MLS
Attention aspiring SHORT TERM RENTAL owners!! This is an amazing opportunity to turn a profit and own an investment property. Numbers for only ONE side of the duplex provide a $39K revenue. To help ease the new owners worries there are new roofs on both sides, new AC unit on one side, new water heater on one side, both units come with W/D, refrigerators and blinds. This Is a prime Tempe investment opportunity! This beautifully updated duplex is located in one of the Valley's strongest rental markets, just minutes from Arizona State University, Sky Harbor International Airport, Downtown Tempe, Tempe Town Lake, and major employment hubs. With easy access to Loop 202, SR-143, and I-10, this is an ideal location for attracting long and short-term tenants. Each unit offers a modern, open-concept layout with designer finishes, granite countertops, stainless steel appliances, wood-look tile flooring, spacious bedrooms, private patios, and low-maintenance outdoor space. All features that help attract and retain quality tenants. The property has demonstrated strong rental demand and offers an excellent opportunity for investors seeking immediate income with long-term appreciation potential. Whether you're looking to expand your portfolio, complete a 1031 exchange, or live in one unit while generating rental income from the other, this property checks all the boxes. Opportunities to own a well-maintained duplex in this highly sought-after Tempe location are few and far between. Don't miss your chance to own an income-producing asset in one of Arizona's most consistently desirable rental markets.

421 S Terry Lane, Tempe

Listing courtesy of Listing Agent: Nicole John (928-322-1997) from Listing Office: Realty ONE Group.
$750,000
7046255 MLS
Great opportunity to own within a community that very rarely has a building available! 4 Studio units with wall unit AC, Refrigerators and Stoves. Well cared for and maintained by this owner. This building is the southern most on the east side of the street, offering privacy for the occupants and ease of parking access from both the north and south side of the alleyway. Very low vacancy rate with such close access to ASU, downtown Tempe and the light rail.

1033 S Mariana Street, Tempe

Listing courtesy of Listing Agent: Jacquelyn Buczko (602-327-3243) from Listing Office: Realty ONE Group.
$899,000
7041883 MLS
An amazing opportunity right here! Turnkey triplex that will come fully furnished! Not many multi-family buildings that offers a 4 bedroom/2 bathroom home with attached 2-car garage. The other two units are also 2/1 layouts mirroring each other. Each unit is set for its own individual utilities. Set in a quiet residential neighborhood, but still close to ASU, freeways, the airport and downtown, you truly get the best of both worlds. Perfect for the hands-off investor, or someone looking to live in it as well!

515 W Pebble Beach Drive, Tempe

Listing courtesy of Listing Agent: Baggio Saldivar (480-518-6846) from Listing Office: Real Broker.
$1,395,000
7036697 MLS
The property consists of seven units, across two buildings. The front building is a single story triplex, while the rear building is a two story loft style fourplex. The property is extremely well located, being just west of ASU's Tempe Campus. The unit mix is unknown, however two tenants are long term and five are short term.

1214 S Farmer Avenue, Tempe

Listing courtesy of Listing Agent: Beth Jo Zeitzer (602-319-1326) from Listing Office: R.O.I. Properties.
$1,300,000
7035959 MLS
Enjoy Pride of ownership of an experienced Garden-Style 10-Plex in Tempe's Orth Subdivision. Current ownership approx. 40 years. Just a short distance to the ASU Main Campus. Near the 202 Freeway, Sky Harbor Airport and many desirable Restaurants & Attractions. There are 8-Studios approx. 388 sq/ft, 1/1-Bed approx. 550 sq/ft & 1/2-Bed approx. 750 sq/ft. Block Construction 1957 & 1963. Desirable Reposition Opportunity. Additional Address; 511 S. Wilson St. Additional Tax Code: 124-33-007A -

425 - 427 W 5th Street W, Tempe

Listing courtesy of Listing Agent: Patrick Teske (520-336-2456) from Listing Office: Tierra Antigua Realty, LLC.

Selling Office: West USA Realty.

$950,000
7017730 MLS
Fully renovated 3-unit income property offered as part of a rare five-unit residential compound spanning two adjacent parcels. This parcel includes one single-family residence plus a duplex for a total of three units, consisting of two 2-bedroom/1-bath units and one 3-bedroom/2-bath unit.Extensive upgrades completed throughout, including new HVAC systems, new roofs, all new electrical panels, new windows, and fully renovated interiors, providing a turnkey, low-capex asset. Property is adjacent to 1248 E Harry St, a separately parceled duplex. Together, both parcels function as a cohesive five-unit investment. Seller strongly prefers a concurrent sale of both parcels, though each is offered individually. There may be future development or density potential. Buyer to conduct due diligence.

1244 N Rose Street, Tempe

Listing courtesy of Listing Agent: Brett Borinstein (480-455-7611) from Listing Office: Gentry Real Estate.
$1,420,000
7011894 MLS
This 7-unit, garden-style apartment property sits in an incredible location, approximately half a mile from ASU's main campus. Additionally, this property boasts proximity to Tempe Town Lake offices, Mill Avenue, the 202 freeway, and Sky Harbor Airport. Location isn't the only desirable characteristic of the Apartments on Farmer, as 5 of 7 units have been thoroughly remodeled in the past 5 years (the other two units are occupied by long-term tenants). Along with interior updates, the property's comprehensive renovation included significant roofing, plumbing, and electrical work, with 4 of 7 units now boasting their own laundry facilities. Six storage rooms also on site. Don't miss out on this incredible location!

1219 S Farmer Avenue, Tempe

Listing courtesy of Listing Agent: Jesse Lowery (480-459-7341) from Listing Office: HomeSmart.
$725,000
7011374 MLS
*Motivated seller* Exceptional investment opportunity near Arizona State University with a strong rental history. Fully remodeled in 2024, this duplex features updated finishes throughout, a brand-new roof, and modern kitchens in both units with white shaker cabinets and granite countertops. Shared laundry room includes washer and dryer for tenant convenience. Both units are tenant occupied, providing immediate income. One unit is leased month-to-month, and unit 2 leased from 6/6/26-Dec 2026. Prime location near ASU supports consistent rental demand, making this an excellent option for investors, owner-occupants, or house hackers looking to expand their portfolio.

1610 S College Avenue, Tempe

Listing courtesy of Listing Agent: Ruby Threlkel (623-326-0029) from Listing Office: Delex Realty.
$1,274,900
7010331 MLS
This listing is a bulk sale for 7 identical condos at this property - Units 112, 115, 128, 138, 141, 207, 231. Each unit is rented with good solid tenants except unit 115 we left vacant for buyers to see the floor plan. There is still value ad for these 7 units as the rents can and should be increased in 2026. This is a great opportunity to purchase 7 units at the same located and have immediate cash flow from day one! Don't let this opportunity pass you by. Bring us an offer and lets Talk!

616 S Hardy Drive Unit 112, Tempe

Listing courtesy of Listing Agent: Jacob Allen (602-228-1941) from Listing Office: Tradelands Realty.
$1,625,000
6993853 MLS
Located just steps from one of the Valley's busiest commuter routes and adjacent to the vibrant campus of Arizona State University, Roosevelt Place (''the Property'') offers a differentiated multifamily opportunity highlighted by its refreshed exterior and high-end interior upgrades. Delivered in 1955, the asset is ideally situated to capture sustained demand generated by ASU's sizable student enrollment, along with the growing concentration of young professionals driving momentum in North Tempe and around Tempe Town Lake, each within a short one-mile distance. The scarcity of comparable boutique, garden-style communities in a submarket experiencing layered growth dynamics positions Roosevelt Place as a highly attractive acquisition prospect.

604 S Roosevelt Street, Tempe

Listing courtesy of Listing Agent: Adam Saylor (480-600-2626) from Listing Office: Marcus & Millichap.

Selling Office: Marcus & Millichap.

$800,000
6987718 MLS
LOT + PLANS for 8 Unit Townhome Community! Includes plans 8 single family attached townhomes!! 5 Parcels included. Prime Development Opportunity on University Drive. Ideal for a Commercial Site or Possibly Multi-Family Use. Rare chance to acquire a 1/2-acre assemblage on University Drive in Tempe, comprising 5 APN numbers, all selling together. This property offers expansive development potential with convenient freeway access, just 5 minutes from ASU and 11 minutes from Sky Harbor Airport. Don't miss out on this prime opportunity in a rapidly growing area!

807 S George Drive, Tempe

Listing courtesy of Listing Agent: William P Lewis (602-920-6297) from Listing Office: Williams Luxury Homes.
$1,400,000
6978065 MLS
PRIME REDEVELOPMENT OPPORTUNITY IN DOWNTOWN TEMPE. SURROUNDED BY A COLLECTION OF HIGH-END COMMERCIAL/OFFICE DEVELOPMENTS, A BOUTIQUE HOTEL, AND TRENDY URBAN MULTI USE CONDOMINIUMS, THIS PROPERTY IS ONE OF THE LAST BEST INFILL LOCATIONS AVAILABLE FOR LONG TERM INVESTMENT GROWTH. THE 2 PARCELS ARE ALSO LOCATED IN TEMPE'S TRANSPORTATION OVERLAY DISTRICT, ALLOWING ADDITIONAL DEVELOPMENT OPTIONS NOT FOUND IN OTHER R3 ZONED CITY NEIGHBORHOODS. IN ADDITION, THE EXISTING 8 RENTAL UNITS ARE 100% OCCUPIED OFFERING IMMEDIATE CASH FLOW DURING THE PLANNING PROCESS.

508 S Farmer Avenue, Tempe

Listing courtesy of Listing Agent: Ron Fedri (602-369-7994) from Listing Office: HomeSmart.

Selling Office: ABI Multifamily.

$1,035,000
6974014 MLS
Looking to start the year off with a great investment opportunity or to house hack in one of the city's strongest rental markets? Look no further than 1224 S Smith Rd. This well-located 4-plex sits in a high-demand rental corridor minutes from ASU, light rail, downtown Tempe, major freeways, and employment hubs. Surrounded by major education, transportation, and lifestyle anchors that drive consistent tenant demand year-round. With strong tenant demand, low vacancy risk, and value-add upside through rental optimization makes this a rare opportunity in one of Tempe's most desirable investment locations.

1224 S Smith Road, Tempe

Listing courtesy of Listing Agent: Eugene E Parker (480-223-2490) from Listing Office: Apex Residential.
$2,400,000
6971303 MLS
Incomplete development with 4 Townhomes constructed; 3 bedrooms-2 shared closets, 4 baths 2 garage each AND 6 undeveloped lots. BULK SALE ONLY, no individual sales. APN 124-32-166,167,168,169,170,171,172,173,174,175,176 OPPORTUNITY ZONE, tax implications? GEOID 04013318800 DESIGNATED QOZ ARIZONA MARICOPA COUNTY

323 S Roosevelt Street Unit 1001, Tempe

Listing courtesy of Listing Agent: Jay Haugen (480-612-7475) from Listing Office: RE/MAX Excalibur.

Selling Office: Resident Arizona.

$1,400,000
6969635 MLS
Bulk sale of 8 condos. No individual unit sales Building A units 101, 103, 201, 203 Building F units 118, 119, 218, 220. 223/mo hoa per unit = $2,676/unit/yr OPPORTUNITY ZONE, tax implications? GEOID 04013318800 DESIGNATED QOZ ARIZONA MARICOPA COUNTY

510 W University Drive Unit 118, Tempe

Listing courtesy of Listing Agent: Jay Haugen (480-612-7475) from Listing Office: RE/MAX Excalibur.

Selling Office: Compass.

$675,000
6964846 MLS
Prime Tempe location within easy walking distance to the Tempe Center for the Arts and Tempe Town Lake, and just one mile from Arizona State University. This well-maintained 4-unit property offers a total of 1,927 square feet and strong rental appeal in one of Tempe's most desirable areas. Each unit features a functional kitchen-living room combo, 1 bedroom, and 1 full bath. The two north units include washer and dryer hookups. Bonus! A conceptual site plan to create a second floor addition has been developed for future expansion. A narrative has been included detailing the project , site plans are available as well. The property is masonry block construction with synthetic stucco exterior, offering durability and low maintenance. Tenants enjoy easy access and an onsite concrete parking lot with six parking spaces, a valuable amenity in this high-demand location. A complete remodel in 2012 updated all units with modern finishes, including porcelain tile flooring, baseboards, shower surrounds, and tile wainscot in all bathrooms. Kitchens were upgraded with granite countertops, European-style melamine cabinetry, black appliances (refrigerators, smooth-top stoves, and microwaves). Additional improvements include new interior doors, hardware, jambs, trim, wood window casing, double-pane aluminum windows throughout, updated electrical panels, track and recessed lighting, ceiling fans, and coaxial wiring in every room for internet connectivity. Contemporary metal corrugated siding accents the roof screen and mechanical room. An exceptional opportunity to own a turnkey, upgraded multi-family asset in a walkable, high-demand Tempe location near arts, recreation, and ASU. October 25, 2019 City of Tempe Planning department 31 E. 5th St. Tempe, AZ 85281 RE: 105 S. Hardy Description of change The subject property currently is a single story low sloped roof of exterior block, stucco, 4 unit building. Existing is one bedroom, one bath and one small kitchen per unit. New construction will be adding a second floor with a new common wall running the entire length and height of the building north to south to divide the building into two distinct units. Each unit of the new second floor above the existing single story building will contain one large great room, one bedroom , new kitchen and one bath on the second floor in each unit. The lower level of each unit of the duplex will contain 3 bedrooms,1 bath, a common area and a laundry area. The provided parking of 6 spaces is sufficient standards for the new use. The footprint of the lower building will remain the same with the exception of the new cantilevered deck to the north and slight addition of 6 second floor posts steel posts to the east and west. The existing sidewalks, west site wall, north paver patio area, concrete parking area, mature landscaping with several large trees and the existing grades will remain intact. One new sidewalk will be added along the west side to gain access to the newly created west facing door. Lower level of tannish sand finish stucco over the current first floor exterior block walls will remain as is in selected places. The current mill finish aluminum window sizes will be duplicated above on the second floor as to provide continuity. The exterior cladding will be a combination of a Fabral Cocoa Brown vertical metal siding along with delineated sections of horizontal galvalum interspersed below the window sections. The roof will consist of metal roof of a galvalum finish. The exterior soffit andfascia will be the galvalum color. The building will be fairly maintained free as it will have all prefinshed metal. Please let me know if I may provide any more information. Thank you. Glenn Odegard Nordic Properties, LLC Nordic Builders, Inc. Lic. 160685 KB-01

105 S Hardy Drive, Tempe

Listing courtesy of Listing Agent: Darci Place (480-466-1318) from Listing Office: MMRE Advisors.

Selling Office: Orion Investment Real Estate.

$1,125,000
6960414 MLS
Price Drop $95,000!! Turnkey 5-Unit Investment Near ASU & Old Town Scottsdale. Fully renovated in 2019 with near-zero vacancy in a high-demand rental market. Unit mix includes four 2BD/1BA units and one 1BD/1BA unit, each featuring updated interiors, vinyl flooring, modern cabinetry, granite countertops, dual-pane windows, new A/C systems, and upgraded security doors. Large private gated patios enhance tenant appeal. Low-maintenance asset offering stable cash flow and long-term appreciation potential.

1231 N Oleander Street, Tempe

Listing courtesy of Listing Agent: Dalen M Linnerson (480-347-5186) from Listing Office: Midland Real Estate Alliance.

Selling Office: Midland Real Estate Alliance.

$710,000
6956838 MLS
Conveniently located in the heart of Tempe near ASU, this property delivers a rare and powerful investment opportunity with multiple income streams. The main home features 3 bedrooms, 2 bathrooms, and a 2 car garage, while TWO separate 2 bedroom 1 bath rental units provide dependable monthly income. You can rent all three units to maximize cash flow or live in the main home while collecting income from the rentals. Tempe's strong rental demand, large student population, and steady need for long term housing make this an exceptional investment. Sitting on a desirable corner lot with a private pool, easy freeway access, and a large park directly across the street, this property blends convenience, lifestyle, and long term profitability in one standout package.

3673 S Roosevelt Street, Tempe

Listing courtesy of Listing Agent: Michael Griffith (480-381-7401) from Listing Office: Limitless Real Estate.

Selling Office: HomeSmart.

$1,375,000
6950797 MLS
Rare opportunity to purchase a R-4 (High Density) zoned multi family land and homes with frontage on Spence Ave in the heart of ASU campus. Listing included two residential houses, next to each out, zoned for high density multifamily. Nestled in a robust infill Arizona State location, this property is a beacon for savvy investors seeking unparalleled opportunities. Walk to Campus. Unmatched demographics include over 350,000 population count within a five-mile radius. Parcel numbers 133-09-045 and 133-09-055 **Buyer to verify all facts, figures, schools & measurements**

1229 E Spence Avenue, Tempe

Listing courtesy of Listing Agent: Jason Miszuk (602-363-5058) from Listing Office: Realty ONE Group.
$1,610,000
6919748 MLS
Exceptional investment opportunity in this well-maintained 9-unit multifamily property! Conveniently located in a desirable, high-demand rental area of Tempe, ASU. This 9-plex features 8-1bedroom units and 1- studio with strong rental history and low vacancy. Each unit offers functional layouts, and 15 dedicated parking. All units have been tastefully updated attracting quality long-term tenants. The property sits on a generous lot with potential for future development (buyer to verify). On-site laundry, separate utility meters, This is a turnkey addition to any investor's portfolio. Easy access to transit, ASU, shopping, and major employment centers. Whether you're a seasoned investor or entering the multifamily market, this is a rare chance to acquire a stable, cash-flowing asset.

1218 S Farmer Avenue, Tempe

Listing courtesy of Listing Agent: Chris Bianco (602-291-2090) from Listing Office: Civic Center Real Estate.

Selling Office: Civic Center Real Estate.

$915,000
6918217 MLS
Incredible and rare opportunity to own a newly rebuilt duplex in the heart of Tempe. Property was expanded to include 2 mirror image units (approx 1,800 sq ft each) with 3 bedrooms and 3 baths - all en suite! Each unit features vaulted ceilings in living areas and primary suite, wood plank tile throughout, individual laundry with tankless water heater, a private outdoor space, and off street parking. Large kitchens with custom cabinetry, center island, granite countertops, and stainless appliances. Spacious primary suites offer a luxurious bath featuring a walk-in shower, soaking tub, and walk-in closet. Proximity to ASU, Sky Harbor Airport, and freeways make it perfect opportunity for a savvy investor or an income stream for an owner occupant. See floor plan for layout details. Off street parking for 5 vehicles including 2 at the rear of the property off of the alley. Front bathroom is a walk-thru bath with access to both the front bedroom and living room. Both kitchens have an RO water filtration system. Free City of Tempe Orbit Shuttle to ASU campus and more drops off and picks up just outside the property for the ultimate in convenience.

1558 W 5th Street, Tempe

Listing courtesy of Listing Agent: Michael J. Misheski (480-272-3055) from Listing Office: HomeSmart.

Selling Office: West USA Realty.

$1,250,000
6910328 MLS
2205-2211 S Mill Ave consists of an 8-unit apartment community and a 2,203 square foot building located in Tempe, AZ. The properties were originally constructed in 1959 (apartments) and 1974 (office) and sit on two separate lots measuring 10,064 each (20,128 sq. ft. total). They were previously master leased by a local non-profit organization at $17k/month on a NNN structure but are now currently vacant. Since the properties are separately parceled, they can be sold together as a portfolio or separately. 2205-2211 S Mill Ave presents an intriguing value-add opportunity, where new ownership can acquire either one or two well-located assets with significant upside through a similar master lease program or market rate tenants.

2205 S Mill Avenue, Tempe

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

Selling Office: Matthews Real Estate Investment Services.

$800,000
6905604 MLS
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!

1301 W 3rd Street, Tempe

Listing courtesy of Listing Agent: Jacquelyn E Shoffner (602-881-5494) from Listing Office: Real Broker.

Selling Office: Keller Williams Realty Phoenix.

$2,375,000
6901363 MLS
Venture on Wilson is a fully renovated, 12-unit garden-style community ideally located in the heart of Tempe, just blocks from Mill Avenue, Tempe Beach Park, and the ASU campus. Originally constructed in 1960 and extensively updated in 2019, the property blends timeless architecture with thoughtful upgrades tailored to today's urban renter. The community features a desirable unit mix of (10) one-bedroom and (2) two-bedroom residences, each individually metered for electricity and equipped with in-unit washers and dryers. A central courtyard offers residents a private, shaded gathering space, while mature palm trees and native landscaping enhance the boutique appeal. Positioned just one block from the newly developed Whole Foods Market and walkable to restaurants, nightlife, and the light rail, Venture on Wilson offers both lifestyle convenience and long-term investment potential in one of Greater Phoenix's most resilient rental markets.

626 S Wilson Street, Tempe

Listing courtesy of Listing Agent: David Arustamian (480-209-2615) from Listing Office: Russ Lyon Sotheby's International Realty.

Selling Office: West USA Realty.

$650,000
6898856 MLS
Don't miss this great opportunity to own a beautifully appointed 4-bedroom, 2-bathroom home with a GUEST HOUSE, 1-bedroom, 1-bathroom, full kitchen and separate laundry room. All within walking distance to Arizona State University and the vibrant shops, dining, and entertainment of Mill Avenue. Homes in this highly sought-after neighborhood rarely hit the market, especially this close to campus. Whether you're looking for a move-in-ready home with a FULLY PERMITTED GUEST HOUSE WITH ITS OWN ADDRESS or searching for a high-demand rental property with 2 separate units, this one is a must-see.

538 W 13th Street Unit A, Tempe

Listing courtesy of Listing Agent: Miguel Angel Tzompantzi (480-420-9827) from Listing Office: West USA Realty.

Selling Office: HomeSmart.

$827,000
6885871 MLS
Incredible Tempe investment opportunity! This fully leased, single story 4-plex features long-term, reliable tenants & has been professionally managed for years. All tenants are current on rent, some under market. Major updates, including roof and all AC units, were completed in 2018. Ideally located minutes from ASU, downtown Tempe, Tempe Town Lake, major freeways (Loop 202, 101 & I-10) and multiple bus lines. Quick access to top area employers like State Farm, ADP, Amazon, and Wells Fargo. Covered and uncovered parking at rear of property and shared laundry facility on site. Plus, room to add Tenant value with some interior and exterior cosmetic updates, reflected in list price. This property offers strong value in one of the Valley's most sought-after rental markets.

1321 W 5th Street, Tempe

Listing courtesy of Listing Agent: Joseph A Maggiore (602-418-2473) from Listing Office: Desert Dimensions Properties.

Selling Office: West USA Realty.

$485,000
6884943 MLS
Do not disturb occupant in unit 1 (south side) 2 bedroom 2 bath units with side yard, double carport with storage area.

1312 N Harold Street, Tempe

Listing courtesy of Listing Agent: Jay Haugen (480-612-7475) from Listing Office: RE/MAX Excalibur.

Selling Office: SRL Group.

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.

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS®,