DO NOT DISTURB TENANTS. Rarely available and meticulously maintained Tempe 4-plex with exceptional visibility directly on Southern Ave. Each 2-bed, 1-bath unit is spacious and on month-to-month leases, offering immediate upside on below-market rents. Pride of ownership shows with major recent upgrades including new ABS plumbing, newer roof, updated ACs, fresh paint, modern appliances, and finishes. Property features covered parking, laundry hookups (with coin-op potential), and sits on a low-maintenance xeriscaped lot—one of the largest among neighboring 4-plexes at nearly 11,000 sq ft. Centrally located near shopping, dining, trails, and major freeways. Strong fundamentals and value-add potential for any investor.
For sale
Price cut: $5K (7/22)
$995,000
1145 W Southern Ave, Tempe, AZ 85282
8beds
4baths
3,000sqft
Est.:
Multi Family
Built in 1970
-- sqft lot
$947,600 Zestimate®
$332/sqft
$-- HOA
What's special
Covered parkingLow-maintenance xeriscaped lotMajor recent upgradesExceptional visibilityLaundry hookups
- 27 days
- on Zillow |
- 595 |
- 24 |
Zillow last checked: 7 hours ago
Listing updated: August 05, 2025 at 03:05pm
Listed by:
Bejan Parivar 626-437-5604,
Citiea
Source: ARMLS,MLS#: 6888728

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Heat Pump
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Built-In Range, Disposal, Refrigerator, Microwave, Washer/Dryer
Features
- Flooring: Carpet, Vinyl
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Parking
- Total spaces: 10
- Parking features: Paved, Assigned, Add'l Parking Avail, >1 Space Per Unit, Carport
- Has carport: Yes
- Covered spaces: 5
- Uncovered spaces: 5
Lot
- Size: 0.3 Acres
- Dimensions: 106 x 125
Details
- Parcel number: 12342072
- Zoning: R-3R
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Block
- Roof: Foam
Condition
- Year built: 1970
Utilities & green energy
- Electric: SRP
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: No Pool
- Subdivision: WESTWAY PARK
Location
- Region: Tempe
Financial & listing details
- Price per square foot: $332/sqft
- Tax assessed value: $844,500
- Annual tax amount: $2,779
- Date on market: 7/11/2025
- Listing terms: Conventional,1031 Exchange,FHA,VA Loan
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
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