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1321 W 5th Street, Tempe
$827,000
8 Beds ⋅ 4 Baths ⋅ 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

2106 S Granada Drive, Tempe
$650,000
4 Beds ⋅ 4 Baths ⋅ 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

1320-1312 W 5th Street, Tempe
$1,025,000
8 Beds ⋅ 4 Baths ⋅ 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

1031 N Harold Street, Tempe
$580,000
6 Beds ⋅ 4 Baths ⋅ 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

932 E Tempe Drive, Tempe
$589,000
4 Beds ⋅ 2 Baths ⋅ 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

1327 W 4th Street, Tempe
$725,000
4 Beds ⋅ 2 Baths ⋅ 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

1127 E Weber Drive, Tempe
$470,000
4 Beds ⋅ 2 Baths ⋅ 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

1973 E 10th Street, Tempe
$829,000
8 Beds ⋅ 4 Baths ⋅ 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

515 W 2nd Street, Tempe
$675,000
3 Beds ⋅ 3 Baths ⋅ 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

405 S Priest Drive S, Tempe
$820,000
4 Beds ⋅ 4 Baths ⋅ 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

405 S Priest Drive N, Tempe
$820,000
4 Beds ⋅ 4 Baths ⋅ 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

2122 S Granada Drive, Tempe
$707,500
5 Beds ⋅ 4 Baths ⋅ 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

1413 S Jentilly Lane, Tempe
$715,000
4 Beds ⋅ 2 Baths ⋅ 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

1411 S Bonarden Lane, Tempe
$700,000
4 Beds ⋅ 2 Baths ⋅ 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

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