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$1,000,000
6662229 MLS
Two amazing homes on one parcel. with two addresses! One complete remodel and the other a new build. Great rental income with easy or almost no maintenance. Also easy to live in one and rent the other! Perfect location near ASU, freeways, restaurants, Owners had great income with yearly lease, but could net more as a short term rental. Main home (522 W 9th St) is 3 bed/2bath 1167 sf was completely remodeled with permits. Second home on same parcel was built in 2021 with permits and is a 2Bed/2bath with option to make it a 3 bed/3 bath. Nothing was left out.... even electric car chargers at both homes! See document page for all the upgrades and remodeling. No expense was spared to make this a one of a kind property! PLEASE DO NOT DISTURB TENANTS.

522 W 9th Street, Tempe

Listing courtesy of Listing Agent: Julie Torrance (602-647-9328) from Listing Office: West USA Realty.

Selling Office: Gold Trust Realty.

$927,500
6657575 MLS
ASU Investor Opportunity! Highly desired location just east of Arizona State University campus in Tempe, close to the light rail & 101/202. Four units, each are 2-bedroom, 1 bath. Two buildings, 1006 & 1008 S Dorsey Lane. Each unit has its own private backyard. All four HVAC units are less than 2 years old. Remodeled bathrooms in 3 of 4 units. Upgraded flooring in all four units! All appliances at property convey with sale. All units are vacant, clean, and ready to go. Suitable for tenants today, or upgrade kitchens & one bathroom for higher rents.

1006 S Dorsey Lane, Tempe

Listing courtesy of Listing Agent: Henry Wang (480-789-3155) from Listing Office: eXp Realty.

Selling Office: DeLex Realty.

$1,800,000
6647494 MLS
This listing contains 2 , 4-plexes. Each unit has its own address. The addresses are 525, 527, 529, 531, 533, 535, 537,and 539. 533 - 539 have individual water meters. The other 4 share one meter. There are 3 buildings, the 2 four plexes and the third building is a laundry room and office/workspace. There are 2 separate APNs. 525 W. Pebble Beach Dr (APN:123-45-141) & 533 W. Pebble Beach Dr (APN 123-45-142). There are 8 two bedroom one bath units with approximately 900 sq. ft. per unit. Single level units with dual pane windows, vaulted ceilings, private patios, and one covered parking space per unit. The units are always occupied and most are long term tenants. 5 of the 8 units have had some updating.

525 W Pebble Beach Drive, Tempe

Listing courtesy of Listing Agent: Bill Winston (602-757-1177) from Listing Office: Superlative Realty.

Selling Office: JMS Manage Sell AZ LLC.

$485,000
6634148 MLS
Investors DREAM property!! Location, Location, Location!! RARE R2 Zoning!! So, you can add a ADU per code for additional income if you want! Current tenants are renting the main house (west 3/4 of the of the home) and the adjacent studio apartment (east 1/4 of the home) for $2k/mo, which is slightly below the market rate. Current tenants' relative lives in the studio (which currently has no bathroom, so they use the main home bathroom) and that's why it is listed as a 4 bed/1 bath. LESS than a mile to Hwy 202 & Tempe Town Lake! A GREAT BUY & HOLD INVESTMENT to collect cashflow and to be in a HIGH GROWTH area! Highest and best use is to: add a bathroom to the east side studio (see captions on photos for info) and then rent the main house (est $1.8k/mo) and the studio separately (est $ 1k/mo) and/or build a separate rental property in the backyard, check with City for full info. Home was cosmetically remodeled in Jan 2021. Home is the first home on the North side of Weber Dr off Scottsdale Rd., directly next to the convenience store with the newer Best Western Hotel located directly behind the home. Tax records indicate the hotel recently sold for $20m in Nov 2023; and the tax value for the apartment complex to be around $100m; and the Del Taco across from this property sold for nearly $4m in 2022; etc. Drive by ONLY - do NOT disturb the tenants, thank you.

912 E Weber Drive, Tempe

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

Selling Office: West USA Realty.

$1,810,000
6627699 MLS
Seller financing available! This well-maintained, value-add 10-unit property consists of three contiguous parcels, two addressed 405 S Priest Dr (APNs 124-28-031-C and 124-28-031-B) as well as 1325 W 4th St (APN 124-28-030), offering multiple exit strategies for a buyer. Electric has been redone and plumbing lines have been partially redone since current ownership. The property features a healthy unit mix of (8) one-bed / one-bath units and (2) two-bed / one-bath units. On-site parking is available for the tenants. There is a small courtyard area between the 4-plexes and a sizable backyard behind the duplex. All leases are month-to-month or ending soon, so great opportunity for immediate value-add in both interior and exterior renovations. Less than two miles from downtown Tempe and ASU.

405 S Priest Drive, Tempe

Listing courtesy of Listing Agent: Colin Kreager (602-714-1353) from Listing Office: ABI Multifamily.

Selling Office: ABI Multifamily.

$565,000
6610256 MLS
Welcome home! This duplex is the perfect move-in ready investment near Arizona State - rent one side while living in the other. These 2 units offer generously sized living rooms, modern kitchens, and gorgeous updated bathrooms in both units. The main bedroom in each unit features a walk-in closet and an ensuite, boasting a separate tub and shower. An additional bedroom, dedicated carport space, and proximity to the bus stop make this a prime and convenient living space. The serene backyards are perfect for unwinding and enjoying your favorite beverage. You should not have a difficult time getting top dollar for rent in this area due to the updates and location.

824 W 9th Street, Tempe

Listing courtesy of Listing Agent: Michael Marr (480-532-7930) from Listing Office: Keller Williams Arizona Realty.

Selling Office: Realty ONE Group.

$680,000
6597115 MLS
Great Tempe opportunity for an investor looking for a rental near ASU, or a homeowner looking to live on one side and rent out the other. With two 3 bedroom units, a great yard, and that perfect location, you can't go wrong. Great price, makes sense, especially considering rents are currently below market. Instant upside! This property has potential to upgrade the units and raise rent even more.

926 S Wilson Street, Tempe

Listing courtesy of Listing Agent: Daniel McClure (480-788-6254) from Listing Office: Keller Williams Realty Sonoran Living.

Selling Office: Keller Williams Realty Sonoran Living.

$490,000
6587286 MLS
Incredible opportunity to own a duplex, just steps away from ASU. Tempe bus stops every 15 minutes just 3 doors away. Freshly painted outside, newer block wall fences with private yard for each unit, two car garage is shared by each tenant. Separate laundry room for each unit with room for storage. This property has been impeccably maintained by owner for 13 years and constantly rents within hours of availability. Currently rented with leases in place at $1350 for each unit. Both units have 2 bedrooms, 1 bath, & extra closet/storage space. All appliances are included in sale. One lease expires in Jan/24 and the other in 4/24.

1514 W 5th Street Unit 1&2, Tempe

Listing courtesy of Listing Agent: Jill Anderson () from Listing Office: Russ Lyon Sotheby's International Realty.

Selling Office: Keller Williams Realty Elite.

$475,000
6570114 MLS
Duplex in prime North Tempe location. Perfect fix-up opportunity! Each unit is 2 bedroom, 1 bath. 2 side yards plus ample front yard room. Call for more details!

1124 E Tempe Drive, Tempe

Listing courtesy of Listing Agent: Heidi Kory (480-203-4534) from Listing Office: The Arrow Agency.

Selling Office: My Home Group Real Estate.

$545,000
6529794 MLS
Seller willing to look at creative finance deals with 200k+ down (SUB2)This duplex is in a great location situated just 1.5 miles to Asu and 2.5 miles to Old town Scottsdale. Each unit features 2 bedrooms and 1 bath Plus a bonus room that could be a 3rd bedrooms, large backyards, W/D hookups. One of the units just remodeled with vinyl flooring, white shaker cabinets and butcher block counters. Other upgrades include a brand new roof, all new dual pane windows, exterior paint and screening on the backyard fence. Leases are M2M Property cannot go FHA

1019 N Harold Street, Tempe

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

Selling Office: Gold Coast Realty.

$600,000
6528316 MLS
Great value with an excellent location for this remodeled Tempe Duplex. Close proximity to ASU and university transportation. Property features two spacious 1 bedroom, 1 bathroom units, both with a one car carport and slab parking, large private block fenced backyards in a quiet low traffic neighborhood. New flooring, tile tub/ shower surrounds, new vanities and cabinets, quartz countertops, dual pane windows, tankless water heaters, fixtures, stainless steel appliances and butcher block bar / dining table in the kitchen. Ample storage throughout, extended length carport and low maintenance landscaping. Great opportunity to purchase a cash flowing maintenance free property. Both units Tenant occupied on 12 month leases at $1650 per month.

1417 S Rita Lane, Tempe

Listing courtesy of Listing Agent: Chad W Vice () from Listing Office: ARRT of Real Estate.

Selling Office: Real Broker.

$850,000
6500596 MLS
This property is master lease for 3 years w/Tenant paying all expenses. Great value with an excellent location for this remodeled Tempe Duplex. Close proximity to ASU and university transportation. Property features two spacious 1 bedroom, 1 bathroom units, both with a one car carport and slab parking, large private block fenced backyards in a quiet low traffic neighborhood. New flooring, tile tub/ shower surrounds, new vanities and cabinets, quartz countertops, dual pane windows, fixtures, stainless steel appliances and NEW underground pipes. Ample storage throughout, extended length carport and low maintenance landscaping.. Buyer to verify all Facts and Figures. Drive by only as this is occupied.

1421 S Rita Lane, Tempe

Listing courtesy of Listing Agent: Linda S Gerchick (602-688-9279) from Listing Office: Gerchick Real Estate.

Selling Office: eXp Realty.

$1,400,000
6396943 MLS
''The Traveler'' is comprised of (6) 1 bedroom units (448 sqf/ea) that all function as full time vacation rental units. The property features off-street parking & an enclosed common area w/ hot tub, community laundry, putting green & sitting area. All unit interiors have been extensively upgraded. The entire building received a new electrical system w/ separate metering installed in '20. New roof in '21. 2 New HVAC units in '21, other 4 units are newer, all w/ Nest thermostats. Located on a huge 15k+ SF corner lot the site could also offer development potential & possible future assemblage scenario. All furniture, appliances & hot tub convey in current condition.

1019 E Tempe Drive, Tempe

Listing courtesy of Listing Agent: Josh Wein (480-432-4771) from Listing Office: HomeSmart.

Selling Office: HomeSmart.

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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