Property Description
Exceptional investment opportunity in this well-maintained 9-unit multifamily property! Conveniently located in a desirable, high-demand rental area of Tempe, ASU. This 9-plex features 8-1bedroom units and 1- studio with strong rental history and low vacancy. Each unit offers functional layouts, and 15 dedicated parking. All units have been tastefully updated attracting quality long-term tenants. The property sits on a generous lot with potential for future development (buyer to verify). On-site laundry, separate utility meters, This is a turnkey addition to any investor’s portfolio. Easy access to transit, ASU, shopping, and major employment centers. Whether you’re a seasoned investor or entering the multifamily market, this is a rare chance to acquire a stable, cash-flowing asset.
Features
: Heat Pump, Electric
: Ceiling Fan(s), Electric, Central Air
: Security Light(s)
: Composition
: Add'l Parking Avail, 1 Space/unit, Carport
Address Map
US
AZ
Maricopa
Tempe
85281
FARMER
1218
Avenue
0
W112° 3' 19.2''
N33° 24' 55.2''
MLS Addon
South on Farmer from University to property
Holdeman Elementary School
Geneva Epps Mosley Middle School
Tempe High School
Tempe School District
Tempe Union High School District
STATE COLLEGE HOMES LOTS 41-48
Barbecue,Play Area,No Pool
Wood Frame,Painted,Block
Vinyl
Public Sewer
City Franchise
$0
: Sidewalk(s)
10
$0
09/15/2025 16:59:54
Multiple Dwellings
1218 FARMER Avenue, Tempe, Arizona 85281
0 Bedrooms
0 Bathrooms
0 Sqft
$1,675,000
MLS ID #6919748
Listing Broker: Civic Center Real Estate
Listing Agent: Chris Bianco
Listing Agent: Chris Bianco
Basic Details
Property Type : Multiple Dwellings
Status : Active
Listing Type : For Sale
MLS ID : 6919748
Listing Broker : Civic Center Real Estate
Listing Office Phone : 602-291-2090
Listing Agent : Chris Bianco
Price : $1,675,000
Mthly Rate Hi Season : $0
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 1960
Lot Area : 0 Sqft
Status : Active
Professional Representation
SLOAN REALTY ASSOCIATES
3100 W RAY RD, STE 201 CHANDLER, AZ 85226
- CHRIS SLOAN
- View website
- 4802696046
- 4802696046
- 4802641501
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