Courtesy: Real Broker
602-755-3415
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!
Courtesy: Windermere Real Estate & Property Management
602-319-5363
Excellent investment opportunity, this Duplex is located in the highly sought after area of Tempe North, which is an up and coming, high growth area of N Tempe; lots of new construction and rehabs abound. Location, Location, Location: less than a mile to 202/Tempe Town Lake/ASU and more; just blocks to mass transit, less than 4 miles to: Phoenix Sky Harbor Airport, Old Town Scottsdale and more! Well maintained, remodeled just over a decade ago with new low E windows, Trane ACs, roof, underground plumbing, and more. Separate electric meters for each unit. Both units are 2 bedrooms,1 bath, carport with private storage areas, both have units have fenced yards. Zoning is R-2 and opportunity to add more sf to increase rents etc., buyer to verify with city of Tempe. Stated rents ($ 1,250 per unit) are based on current market comps of $ 1,200-1,300/mo., as landlord hasn't raised rents in 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. 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! DRIVE-BY ONLY, DO NOT DISTURB TENANTS, DO NOT WALK THE PROPERTY ETC, THANK YOU!
Courtesy: Compass
480-776-1555
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. One unit has been updated with a new kitchen, flooring, lighting, and AC.Drive By Only.
Courtesy: eXp Realty
888-897-7821
Investment Income Tempe. Opportunity to live in Tempe inside a 4 bedroom 2 bathroom 2 car garage home and have TWO rentals giving income from rents of the two 2 Bedroom and one bath units. Close to Arizona State University and Freeways, convenient location for all occupants. Large park in the neighborhood. Was an AirBNB in the past so the constant cleaning show. White cabinets brighten the interior. The investor you know or those who want to start by buying place to live and have rentals, will enjoy cash flow opportunity.
Courtesy: ABI Multifamily
602-714-1400
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.
Courtesy: ABI Multifamily
602-714-1400
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.
Courtesy: Barrett Real Estate
480-864-2100
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.
Courtesy: eXp Realty
888-897-7821
Incredible Value-Add Opportunity! This prime investment property is in an Opportunity Zone and offers huge potential for savvy investors to increase returns. Fully occupied and with below-market rents, this well-maintained fourplex is ready for a strategic value-add play. Renovated in 2018 with a new roof and HVAC, it's situated in the heart of Tempe, steps from ASU, Mill Ave, and public transit—making it a hot spot for consistent rental demand. With its ideal location and opportunity for growth, this is the chance to capitalize on a high-demand area and elevate your portfolio with long-term appreciation and tax benefits!
Courtesy: Grace CRE
602-758-9981
A short bike ride from the Tempe ASU campus, 914 S Kenwood is a perfect Air BNB, mid term / executive rental, or just an easy long term rental property. This fully furnished 4 plex has been EXTENSIVELY renovated. EVERYTHING has been redone. The roof, AC units, underground plumbing, electrical, framing, drywall, all interior finishes, landscape, there isn't an inch of this property that hasn't been updated. All four units have 1 bedroom and 1 bathroom, as well as in unit laundry, quartz counters, modern cabinetry, dishwasher, all stainless steel appliances, wood plank style tile flooring, exterior storage closets for each unit, and are completely furnished and ready for guests. All you need to do is list them and collect income. Tempe is in extremely high demand for both long & short term rentals throughout the year. Situated at the back of a cul-de-sac, this property includes a large covered parking area in the rear with plenty of parking in the front as well. The front yard and side yards all have turf, making this an extremely low maintenance investment. This property is almost completely new construction and is turn key ready to operate.
Courtesy: Matthews Real Estate Investment Services
310-388-0788
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 $1,550/month. This is a unique opportunity to acquire a turn-key asset located in a highly desirable location. CONTACT AGENT FOR A COPY OF THE OM
Courtesy: Realty Executives
480-961-5800
Highly desirable location, walking distance from ASU and nearby Downtown Tempe! This lot contains 3 separate detached units, located in the heart of Tempe. All 3 units have updated flooring, bathrooms and kitchens. The main home 3 bedroom and is approximately 1,800 square feet. The second unit is approximately 1,200 square feet with 2 bedrooms & 2 bathrooms. The third unit is approximately 600 square feet with one bedroom, 1 bath & a great room. Plenty of parking for all 3 homes, tandem drive through ''garage'' with three covered spaces & four additional spaces.
Courtesy: HomeSmart
602-230-7600
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.
Courtesy: HomeSmart
602-230-7600
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.
Courtesy: DeLex Realty
602-910-3002
This remodeled duplex property in Tempe! Upon arrival, you will be greeted with a well-kept landscape, a swaying shade tree, and a carport/covered patio! Walk into a great rooms inside, designed to maximize space for an airy feel. Offering wood-look floors, soothing paint, & recessed lighting. One living room showcases an accented fireplace, creating a warm & inviting atmosphere. Upgraded kitchens boast white shaker cabinets & granite counters. Both have two perfectly-sized bedrooms with primary bathrooms. The lovely backyard provides a relaxing covered patio & a grassy landscape. Community has amenities like a play area, a BIG gazebo, a lush greenbelt, & many more! Next to ASU! *Seller Financing Available* Also see documents tab for floor plan document. Seller is Motivated!
Courtesy: Keller Williams Realty Sonoran Living
480-759-4300
TWO DUPLEX BUILDINGS. ALL 4 UNITS ARE 1-BEDROOM, 1-BATH. INVESTMENT OPPORTUNITY CLOSE TO ASU! **DRIVE BY ONLY** **DO NOT DISTURB TENANTS** **VIEWING ONLY AFTER ACCEPTED CONTRACT**
Tempe is located in Arizona. Tempe, Arizona has a population of 178,339. Tempe is less family-centric than the surrounding county with 25.87% of the households containing married families with children. The county average for households married with children is 31.95%.
The median household income in Tempe, Arizona is $51,829. The median household income for the surrounding county is $58,580 compared to the national median of $57,652. The median age of people living in Tempe is 28.8 years.
The average high temperature in July is 104.8 degrees, with an average low temperature in January of 39 degrees. The average rainfall is approximately 9.4 inches per year, with 0 inches of snow per year.
