1218 S FARMER Avenue

Tempe, AZ 85281
$1,675,000
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 tastefullyRead MoreRead Less
Courtesy of Civic Center Real Estate 602-291-2090
Listing Snapshot
Days Online
121
Last Updated
Property Type
Multiple Dwellings
Year Built
1960
MLS Number
6919748
30 Days Snapshot Of 85281
$467k
+18%
(avg) sold price
13
-50%
homes sold
104
+13%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Disposal", "Dishwasher", "Refrigerator", "Built-In Electric Oven", "Microwave"
Building
Built in 1960, Construction materials: "Wood Frame", "Painted", "Block", 9 total units
Cooling
"Central Air", "Ceiling Fan(s)", "Electric"
Expenses
Insurance: $4,000, Water sewer: $4,800
Floors
"Vinyl"
Heating
"Heat Pump", "Electric"
Parking
"Add'l Parking Avail", "1 Space/Unit", "Carport", 16 total parkings
Property
Zoning: R-3
Roof
"Composition"
Sewer
"Public Sewer"
Taxes
Annual amount: $2,668, Lot: 4
Utilities
"APS"
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Leah Burr
REALTOR®
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