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1101 S Farmer Avenue

Tempe, AZ 85281
  • $999,999
  • STATUS: Active
  • ON SITE: 3 Days
  • MLS #: 6952689
New On Site 3 Days Ago
UPDATED: 22 min ago
$999,999
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1975
County:
Area:

School Information

Elementary School:
High School:

Description

Welcome to this well-maintained fourplex in Tempe! Each of the four units has two bedrooms one bath. The property has recently been upgraded with a new roof and fresh exterior paint, ensuring a modern and appealing aesthetic. The location is a standout feature, being just a short walk away from ASU and the bustling Mill Avenue shops and restaurants. This proximity to local amenities not only provides convenience for tenants but also contributes to the property's stable income, with little to no vacancy. Ample parking is available for tenants, adding to the property's appeal. This is a fantastic opportunity for those seeking a great income-producing property in a prime location.

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Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Compass Real Estate. Data last updated 2025-12-04T14:13:37.577.
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1101 S Farmer Avenue Tempe, AZ 85281

  • Price: $999,999
  • Status: Active
  • On Site: 3 Days
  • Updated: 22 min ago
  • MLS #: 6952689
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1975
Built
Neighborhood:
Farmers Addition Blocks 1-2 Part 3 Lots 1-5
County:
Maricopa
Area:
Tempe
Elementary School:
Holdeman Elementary School
Middle School:
Geneva Epps Mosley Middle School
High School:
Tempe High School
Property Description
Welcome to this well-maintained fourplex in Tempe! Each of the four units has two bedrooms one bath. The property has recently been upgraded with a new roof and fresh exterior paint, ensuring a modern and appealing aesthetic. The location is a standout feature, being just a short walk away from ASU and the bustling Mill Avenue shops and restaurants. This proximity to local amenities not only provides convenience for tenants but also contributes to the property's stable income, with little to no vacancy. Ample parking is available for tenants, adding to the property's appeal. This is a fantastic opportunity for those seeking a great income-producing property in a prime location.
Exterior Features

Attached Garage YN No Construction Materials Wood FramePaintedStucco Covered Spaces 0 Open Parking Spaces 6 Parking Features PavedAdd'l Parking Avail1 Space/Unit Roof Foam

Interior Features

Cooling Central Air Cooling YN Yes Heating Heat Pump Heating YN Yes Interior Features []

Property Features

Community Features Manager Res/OfficeNo Pool Disclosures Seller Prop Disc Stm Flood Zone TBD Flooring CarpetVinyl Gross Income 69000 Listing Terms Conventional1031 Exchange Maintenance Expense 1750.28 Owner Pays Trash CollectionWaterSewer Ownership Fee Simple Project Type Quadraplex Yes Sewer Public Sewer Tax Annual Amount 2859 Tax Year 2025 Water Source City Franchise Zoning R-3

Arizona Regional MLS logo Listing provided by MacLay Real Estate: .


Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Compass Real Estate. Data last updated 2025-12-04T14:13:37.577.
 
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Compass Real Estate
4222 N Marshall Way, Suite A
Scottsdale AZ, 85251