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$610,000
6884240 MLS
Great investment opportunity with this Tempe Triplex near ASU, located near Priest & University. This property has two large 2 bed/1 bath units, and one unit that is 3 bed/2 bath. Property is on a large lot. All units are individually metered for gas & electric, plus there is a shared laundry room. ** Do not disturb tenants**

1519 W 7th Place, Tempe

Listing courtesy of Listing Agent: David Evans Jr (480-440-5892) from Listing Office: Realty ONE Group.

Selling Office: HomeSmart.

$570,000
6884237 MLS
Great investment opportunity with this Tempe Triplex by ASU, located near Priest & University. All are spacious 2 Bed/1 Bath units & the property is on a large lot. Units are individually metered for gas & electric, plus there is a shared laundry room. **Do not disturb tenants**

1513 W 7th Place, Tempe

Listing courtesy of Listing Agent: David Evans Jr (480-440-5892) from Listing Office: Realty ONE Group.

Selling Office: HomeSmart.

$875,000
6882948 MLS
Value-add 5 unit multifamily community right across the street from Culdesac development in Tempe. (3) 2x1 Units at 600 SF, and (2) 1x1 Units at 550 SF. Please reach out with any questions.

2017 E Lemon Street, Tempe

Listing courtesy of Listing Agent: Kyle Inman (480-703-8955) from Listing Office: Matthews Real Estate Investment Services.

Selling Office: Non-MLS Office.

$480,000
6881849 MLS
Investors Dream! A corner lot in the desirable Farmer Arts District near Downtown Tempe. 2 homes currently on property but true value is in the land and location. Front house is a 2 bed 1 bath with tenant in place. Rear is a studio unit with tenant in place.

404 W 11th Street, Tempe

Listing courtesy of Listing Agent: Rea Rowles () from Listing Office: eXp Realty.

Selling Office: AZ Brokerage Holdings, LLC.

$600,000
6861566 MLS
Duplex--Each is a Remodeled 2Bed/2Bath Apt at University/McClintock! Exterior inc assigned covered parking, a shared outdoor grill, a fire-pit, and storage rooms. Onsite shared laundry room. Apartments inc 2 bed, 2 ba, wood-textured flooring, ceiling fans, kitchen, and shared private backyard patio! Kitchen includes stainless steal fridge, dishwasher, stove. microwave, and beautiful cabinets and backsplash. Tenant pays a 1/2 share of water and their own electric. Located near ASU and Phoenix Rock Gym! Tenant occupied. Please do not disturb.

1118 S Mcclintock Drive, Tempe

Listing courtesy of Listing Agent: Jennie Miller (480-382-9681) from Listing Office: Market Edge Realty, LLC.

Selling Office: RHP Real Estate.

$605,000
6846592 MLS
This duplex is beautifully renovated inside and out and is located in a prime Tempe location. Stunning interiors, immaculately designed with gorgeous white cabinets, quartz countertops, built-in appliances, recessed lighting, freshly painted with wood style vinyl flooring throughout. Large-sized bedrooms and pristine full bathrooms. New roof, a/c units and block walls. Sizable private backyards with open patios for entertaining. You will not find another duplex as perfect as this one!

1244 N Miller Road, Tempe

Listing courtesy of Listing Agent: Laura Link (480-577-5252) from Listing Office: Canyon Ridge Realty, L.L.C..

Selling Office: Schreiner Realty.

$650,000
6831131 MLS
Tenants will love this location, close enough to ASU to enjoy a quick bike or bus commute or they can take their car as each unit has 1 covered carport. Property also has 2 concrete slab parking spots with street parking available as well. Currently property is set up for tenants to pay their own electricity and landlord pays rest such as sewer/water/trash. Unit 1 is large with over 1400 sq feet, 2 bedroom, 2 bath, family room, living room, kitchen, and backyard access. -Hey just an idea but maybe that unit can be converted to two 1 bedroom units with living room and kitchen, like unit 2 and unit 3, with proper inquiry and permits of course during due diligence. -Or maybe new owner can occupy one unit and rent out the other two, just an idea!

2106 S Granada Drive, Tempe

Listing courtesy of Listing Agent: Kalliany Alvarez (480-544-2207) from Listing Office: Valley Views RE.

Selling Office: HomeSmart.

$1,025,000
6830355 MLS
Sold! Per MLS, this represents the highest sold price for a cash/conventional deal EVER (4 units). Prime location just blocks from Hayden-Ferry Landing, Mill/ASU, and a few minutes to Old Town Scottsdale. In an OZ. All 2 bedroom unit mix (822sf/unit). Stabilized at a 6 CAP. Long-term, local owners have pride of ownership. Many recent renovations to some units including plumbing, kitchens/baths, windows, roof, etc. Classic features to value-add further. Excellent rents in place with mostly flexible month-to-month leases. The complex offers more amenities than the competition, including carport parking, fenced front yards with private back patios, individual laundry/storage rooms, gorgeous desert landscaping, and a pretty central courtyard. More like homes than apartments.

1320-1312 W 5th Street, Tempe

Listing courtesy of Listing Agent: James C Stephens (602-672-3526) from Listing Office: Better Homes & Gardens Real Estate SJ Fowler.

Selling Office: West USA Realty.

$480,000
6826010 MLS
Great investment opportunity in Tempe! This duplex, built in 1958, sits on a 7,880 sqft lot and features two spacious 952 sqft units, each with 2 bedrooms and 1 bathroom. Perfect for investors or owner-occupants looking for rental income. The property offers ample lot space and is conveniently located near shopping, dining, and freeway access. Don't miss this chance to own a versatile income-producing property in a prime location!

1259 E Tempe Drive, Tempe

Listing courtesy of Listing Agent: James Diller (702-945-0055) from Listing Office: Real Broker.

Selling Office: ProSmart Realty.

$840,000
6819034 MLS
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.

1217 W Southern Avenue, Tempe

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

Selling Office: Wise Realty AZ.

$475,000
6817231 MLS
Great income property for sale! This single-level duplex has such upside potential for rent and very high demand. Each unit includes 2 bedrooms, 1 bathroom, covered parking, tile flooring, and inside laundry. Recent updates include a new hot water heater (2024), newer HVAC units (2020, 2022), and a replaced sewer line connecting to the city. The fenced backyard features a covered patio, storage, and low-maintenance pavers with desert landscaping. Centrally located in Tempe near ASU, Sky Harbor Airport, shopping, dining, entertainment, and public transportation.

1552 W 5th Street, Tempe

Listing courtesy of Listing Agent: Daniel Brown (480-648-9234) from Listing Office: My Home Group Real Estate.

Selling Office: DeLex Realty.

$580,000
6813853 MLS
Opportunity knocks in one of the most sought-after areas of the Valley! This beautifully remodeled duplex offers two identical 2-bedroom, 1-bathroom units, each thoughtfully upgraded with oak luxury vinyl plank flooring and brand-new kitchens featuring sleek finishes. Nestled just minutes from Old Town Scottsdale, Tempe Town Lake, and quick access to the 101 & 202 freeways, this property is a rare find for both investors and owner-occupants alike. The true standout? The lush, meticulously designed landscaping, creating a serene and inviting atmosphere that sets this property apart. Whether you're looking to house-hack, add a premium rental to your portfolio, or enjoy a turnkey investment in a prime location, this duplex delivers. Don't miss this exceptional opportunity

1031 N Harold Street, Tempe

Listing courtesy of Listing Agent: Jeremy Pierce (480-843-4797) from Listing Office: Berkshire Hathaway HomeServices Arizona Properties.

Selling Office: Barrett Real Estate.

$539,000
6810201 MLS
This centrally-located duplex was thoroughly remodeled in 2022 and is ready for you to place your ideal tenants! With Tempe Town Lake, ASU, the 101 and 202 freeways, Sky Harbor Airpot, and Old Town Scottsdale just minutes away, the convenience of this location cannot be overstated. Additionally, the property's comprehensive renovation included plumbing updates, HVAC units, and roofing to properly prepare these units for long-term success.

1127 N Harold Street, Tempe

Listing courtesy of Listing Agent: Jesse Lowery (480-459-7341) from Listing Office: HomeSmart.

Selling Office: Real Broker.

$732,000
6808275 MLS
''INVESTMENT OPPORTUNITY ALERT! LOCATION ! This incredible property in Tempe is walking distance to ASU, restaurants, hospital & more! The property lot is a duplex and contains 2 address which are 1136 E Spence Ave Tempe AZ 85281 and 1346 S Terrace Rd Tempe Arizona 85281

1136 E Spence Avenue, Tempe

Listing courtesy of Listing Agent: Nongnaphas Promkan (602-919-5030) from Listing Office: HomeSmart.

Selling Office: HomeSmart.

$589,000
6788171 MLS
Beautiful remodeled duplex in Tempe, perfect for investors looking for a turnkey property in a prime location. This stunning property features 2 bed 1 bath units. The interior of both sides of duplex have been completely renovated with modern finishes, including new flooring, fresh paint, and updated fixtures throughout. The kitchens have been updated with new quartz countertops, and newer appliances. The bathrooms have also been remodeled with new vanities, toilets, and tiled showers. Large Backyards featuring turf and a built in fire pit with pavers. Located in the heart of Tempe, this duplex is just minutes away from Arizona State University, Tempe Town Lake, and numerous shopping and dining options. Would make great long or short term rental!

932 E Tempe Drive, Tempe

Listing courtesy of Listing Agent: Michael Ratzken (480-232-9990) from Listing Office: Two Brothers Realty & Co.

Selling Office: Real Broker.

$725,000
6766239 MLS
Remodeled duplex right in the heart of Tempe and near the ASU campus. This turn-key property has zoning and room to build a 3rd property or ADU. Each unit is large, over 850 sqft each and has individual in-unit laundry. The remodel consists of a new roof, new AC's, new dual-pane windows, interior/exterior doors, sewer lines, new water pipes, new kitchen & bathrooms with quartz counters, vinyl floors, water heaters, trim/baseboards, lighting, fans, insulation, paint, inside laundry, landscaping and stainless steel appliances. Units have big open kitchen, dinning, great room concept. Large backyard with private storage rooms for each unit. Electric and gas are separately metered, only water is not. Perfect setup for a ''house hack'' or an investor who just wants ''mailbox money''. NO HOA!!!

1327 W 4th Street, Tempe

Listing courtesy of Listing Agent: Nathan A Pierce (602-647-4411) from Listing Office: Venture REI, LLC.

Selling Office: Venture REI, LLC.

$375,001
6765575 MLS
Great investment opportunity with this 1962-built duplex in Phoenix! Each unit is approximately 672 sq. ft. and features 2 bedrooms and 1 bath, offering a cozy, functional layout perfect for tenants or owner-occupiers. The property provides plenty of potential for updates or long-term rental income. Conveniently located near schools, shopping, dining, and public transportation, this duplex is situated in a desirable area with easy access to all the essentials. A fantastic opportunity for investors looking to expand their portfolio!

1970 E 10th Street, Tempe

Listing courtesy of Listing Agent: James Diller (702-945-0055) from Listing Office: Real Broker.

Selling Office: Real Broker.

$470,000
6761938 MLS
Excellent investment opportunity, this Duplex is located in the highly sought after area of Tempe North (South Scottsdale), which is an up and coming, high growth area of N Tempe. Both units are 2 bedrooms,1 bath, carport with private storage areas, both have units have fenced yards. Zoning is desirable R-2! Stated rents ($1,250/mo. per unit) and current market comps are $1,300-1,600/mo. per unit, but landlord hasn't raised rents to market value as tenants have been there over a decade, so current rents are well below market comps; buyer to verify all facts and figures. Tenants have been on a month-to-month rental basis for over a decade. Separate electric meters for each unit. Owner will consider a Seller-Carry with 30% down for 3 years. Well maintained, remodeled just over a decade ago with low E windows, Trane ACs, roof, underground cast iron plumbing replaced, and more. 2018: - roof was completely redone. 2024 Improvements: Aug - entire roof was recoated with Elastomeric. Sept - new Trane AC, front unit #1. Dec - new interior paint including cabinets, all new door hardware/hinges, bathroom hardware (Brushed Nickel), lighting, rear door. Exterior painting. There is potential opportunity to add more sf to increase rents etc., on unit #2, buyer to verify with city of Tempe. Multiple comps in area around 500k and this property might be better as it's located on Weber Dr. with beautiful 3 story newer homes located across the street! COMPS - 4 duplexes have sold in the Immediate area in the last 18 months: 1124 E TEMPE DR, Tempe, MLS #6570114, $475,000 930 E HENRY ST, Tempe, MLS# 6457594, $519,000 1019 N HAROLD ST, Tempe, MLS #6529794, $545,000 1010 E HENRY ST, Tempe, MLS #6547427, $ 599,000 LOTS of new construction and rehabs abound. Location, Location, Location: less than a mile to 202/101/Tempe Town Lake/ASU and more; just blocks to mass transit, less than 4 miles to: Phoenix Sky Harbor Airport; 2 mi to Old Town Scottsdale and more!

1127 E Weber Drive, Tempe

Listing courtesy of Listing Agent: Bruce Swift (480-766-6695) from Listing Office: Windermere Real Estate & Property Management.

Selling Office: HomeSmart.

$829,000
6752006 MLS
Prime Corner Lot 4Plex! Just minutes from ASU and the Light Rail, this single-story fourplex s a fantastic find for investors /developers.Each of the 2 Bed/1 Bath, 644 SqFt units is fully tiled and includes a private yard and storage space. Located on a corner lot, the property is surrounded by significant new development, attracting long-term tenants. With the potential to increase rents in a rapidly appreciating market, this property is a smart investment. While the laundry facility is currently inactive, it could be revived to generate additional income with coin-operated machines. Whether you're looking to start or expand your real estate portfolio, this fourplex has great potential. Two units has been updated with a new kitchen, flooring, lighting, and AC.Drive By Only.

1973 E 10th Street, Tempe

Listing courtesy of Listing Agent: Cindy Davis (818-687-0196) from Listing Office: Compass.

Selling Office: Gold Trust Realty.

$675,000
6748206 MLS
Charming 3-Unit Property in Downtown Tempe Prime Location: Nestled on a secluded street near Mill Avenue, this property offers the perfect blend of tranquility and urban convenience. Investment Opportunity: Situated in the heart of Downtown Tempe, this 3-unit property is a stone's throw away from Tempe Town Lake, the Light Rail Station, and the Trolley Car. Enjoy the vibrant activities of Downtown Tempe and the bustling Arizona State University campus. Property Features: Three One-Bedroom Units: Each unit boasts a ranch-style layout with upgraded kitchens, two skylights, and individual washers and dryers. Modern Amenities: Equipped with tankless water heaters, a new roof 8/24, and new air conditioning units 8/24. Long-Term Tenants: Residents typically stay for over five years, but the current one-year leases allow for a month-to-month option, making it ideal for an owner-occupant. Additional Opportunity: This property can be purchased together with the identical triplex next door at 509 West 2nd Street, creating a 6-unit package. Don't miss out on this unique investment opportunity in one of Tempe's most sought-after locations! Ready for FHA owner occupant, Seller willing to assist/negotiate with buyer closing cost.

515 W 2nd Street, Tempe

Listing courtesy of Listing Agent: Jared A English (888-881-4118) from Listing Office: Congress Realty, Inc..

Selling Office: RE Options.

$820,000
6740390 MLS
405 South Priest Drive (South) is a well maintained fourplex built in 1961 and recently renovated, near Arizona State University and major transportation routes, including Loop 202, SR-143, and I-10, as well as proximity to Phoenix Sky Harbor International Airport. The property consists of 100% 1-bedroom / 1-bathroom units, each offering 665 square feet of living space. In 2024, the property underwent extensive renovations, enhancing its appeal and functionality. Upgrades include new flooring, countertops, cabinetry, stainless-steel appliances, updated bathrooms, modern light fixtures, new doors, and fresh paint. The property is individually metered for electricity and features a shared laundry room, as well as separate storage areas for each unit. New roof by close of escrow.

405 S Priest Drive S, Tempe

Listing courtesy of Listing Agent: Bryce Neagle (602-714-8931) from Listing Office: ABI Multifamily.

Selling Office: Realty ONE Group.

$820,000
6740368 MLS
405 South Priest Drive (North) is a well maintained fourplex built in 1961 and recently renovated, near Arizona State University and major transportation routes, including Loop 202, SR-143, and I-10, as well as proximity to Phoenix Sky Harbor International Airport. The property consists of 100% 1-bedroom / 1-bathroom units, each offering 665 square feet of living space. In 2024, the property underwent extensive renovations, enhancing its appeal and functionality. Upgrades include new flooring, countertops, cabinetry, stainless-steel appliances, updated bathrooms, modern light fixtures, new doors, and fresh paint. The property is individually metered for electricity and features a shared laundry room, as well as separate storage areas for each unit. New roof by Close of Escrow.

405 S Priest Drive N, Tempe

Listing courtesy of Listing Agent: Bryce Neagle (602-714-8931) from Listing Office: ABI Multifamily.

Selling Office: Realty ONE Group.

$707,500
6723731 MLS
If you know the Tempe area, you know THIS is the location to be in as an investor! Located directly next to the highly desirable neighborhood of Broadmor, this single-level, fully occupied 4-unit will be a valuable addition to your investment portfolio whether you're an experienced investor or just starting out. This prime investment opportunity consists of Three(3)-1bd/1ba units plus One(1) 2bd/1ba unit, each unit with its own convenient dedicated parking spot in the rear, individually metered electric. Many updates throughout! Highly desirable central location with high tenant demand! Don't miss out on this exceptional opportunity to own a multifamily property in one of Tempe's most sought-after locations! Buyer to verify all facts and figures to their satisfaction.

2122 S Granada Drive, Tempe

Listing courtesy of Listing Agent: Scott Fuller (925-567-6720) from Listing Office: Barrett Real Estate.

Selling Office: eXp Realty.

$715,000
6702127 MLS
BOTH UNITS are occupied w/lease for 1 year w/Tenant paying for utilities. Great Investment Property in the heart of Tempe! Walking distance to ASU and quick 202 freeway access. TRUE DUPLEX!! Two 2 bed, 1 bath units, individually metered; completely and beautifully updated. New Sewer lines all the way to the street. New Plumbing, New AC, & New Tankless Water Heaters. All New Windows and Doors. Brand New Bathroom, New Kitchen with modern quartz countertops, white shaker cabinets, & SS Appliances. New porcelain tile and baseboards throughout. New washer/dryer combo inside the units. New synthetic stucco and fresh paint. Ample backyard with dividing fence for privacy. Low maintenance courtyard with separate driveway for each unit. NO HOA. Please DO NOT disturb tenants.

1413 S Jentilly Lane, Tempe

Listing courtesy of Listing Agent: Fabiola D Felix (805-819-1723) from Listing Office: HomeSmart.

Selling Office: RHP Real Estate.

$700,000
6702126 MLS
BOTH UNITS are occupied w/lease for 1 year w/Tenant paying for utilities. Great Investment Property in the heart of Tempe! Walking distance to ASU and quick 202 freeway access. TRUE DUPLEX!! Two 2 bed, 1 bath units, individually metered (gas & electric); completely and beautifully updated. New Sewer lines all the way to the street. New Plumbing, New AC, & New Tankless Water Heaters. All New Windows and Doors. Brand New Bathroom, New Kitchen with modern quartz countertops, white shaker cabinets, & SS Appliances. New porcelain tile and baseboards throughout. New washer/dryer combo inside the units. New synthetic stucco and fresh paint. Ample backyard with dividing fence for privacy. Low maintenance courtyard with separate driveway for each unit. NO HOA. Please DO NOT disturb tenants.

1411 S Bonarden Lane, Tempe

Listing courtesy of Listing Agent: Fabiola D Felix (805-819-1723) from Listing Office: HomeSmart.

Selling Office: RHP Real Estate.

$235,000
6701733 MLS
Duplex in the heart of Tempe close to ASU! Alley access with 6 parking spaces. Recent fire damage/ great investment oppertunity!

1310 W 5th Street, Tempe

Listing courtesy of Listing Agent: Austin J. Stocks () from Listing Office: eXp Realty.

Selling Office: eXp Realty.

$780,000
6697502 MLS
Tens of thousands of dollars spent updating this single level Tempe Cul-De-Sac Fourplex. Fully leased - for nearly a year! All units have been updated over the past 5 years including new appliances, windows, flooring, plumbing. Includes Shaker style cabinets with modern backsplash tile, vinyl hardwood-like floors, carpet in bedrooms, modern fixtures throughout, central air, ceiling fans, covered parking (1 for each unit). All 1 Bedroom units. Near ASU, light rail, Mill Avenue, Farmer Arts District and more.

906 S Mariana Street, Tempe

Listing courtesy of Listing Agent: Michael Bodeen (602-689-3100) from Listing Office: HomeSmart.

Selling Office: Phoenix Property Group.

$925,000
6671363 MLS
Own a piece of prime Tempe real estate! Just over half acre for sale in hot development part of Tempe. Just blocks from Mill Ave. and Tempe Town Lake, light rail, ASU, freeways and Sky Harbor Airport. Property is listed in 2 categories - Vacant Land and Lots and Multi-Family. Tempe Zoning allows for 6 units to be built on this property, with a maximum height of 30'. This property has been owned by the same family since 1958.

215 S Roosevelt Street, Tempe

Listing courtesy of Listing Agent: Phyllis Cochran (480-326-7570) from Listing Office: CG Properties, LLC.

Selling Office: Hampton Homes.

$900,000
6665930 MLS
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!

1978 E Don Carlos Avenue, Tempe

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

Selling Office: Redfin Corporation.

$680,000
6662977 MLS
Instant cashflow with this conveniently located triplex! The 2 front units are 1 Bed/1 Baths that are currently leased. The back unit is a vacant 2 Bed / 2 Bath that is perfect for an owner occupant or lease it out for additional income.

1973 E Don Carlos Avenue, Tempe

Listing courtesy of Listing Agent: Wyley Brown (480-371-6716) from Listing Office: Balboa Realty, LLC.

Selling Office: AZ Brokerage Holdings, LLC.

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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