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1978 E Don Carlos Avenue, Tempe
$900,000
8 Beds ⋅ 4 Baths ⋅ 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

522 W 9th Street, Tempe
$1,000,000
5 Beds ⋅ 4 Baths ⋅ 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

525 W Pebble Beach Drive, Tempe
$1,800,000
16 Beds ⋅ 8 Baths ⋅ 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

912 E Weber Drive, Tempe
$485,000
4 Beds ⋅ 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

405 S Priest Drive, Tempe
$1,810,000
12 Beds ⋅ 10 Baths ⋅ 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

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