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Sold for $840,000 on 04/21/25
  • $840,000

    1217 W Southern Ave, Tempe, AZ 85282

    8beds
    4baths
    3,000sqft
    Multi Family
    Built in 1970
    -- sqft lot
    $830,500 Zestimate®
    $280/sqft
    $2,083 Estimated rent

    What's special

    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 $1,738/month. This is a unique opportunity to acquire a turn-key asset located in a highly desirable location.

    Zillow last checked: 7 hours ago

    Listing updated: April 24, 2025 at 11:49am

    Listed by:

    Bradley Skenderian 949-533-5594,

    Matthews Real Estate Investment Services

    Bought with:

    Keri Means, BR534554000

    Wise Realty AZ

    Source: ARMLS,MLS#: 6819034MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Other, See Remarks, None
    Cooling
    • Electric
    Appliances
    • Included: Free-Standing Range, Dishwasher, Refrigerator, Microwave
    Features
    • Flooring: Ceramic Tile
    Interior area
    • Total structure area: 3,000
    • Total interior livable area: 3,000 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Carport
    • Has carport: Yes
    • Covered spaces: 4
    • Uncovered spaces: 4
    Lot
    • Size: 9,250 sqft
    • Dimensions: 9250
    Details
    • Parcel number: 12342069
    • Zoning: M-M

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Painted, Block
    • Roof: Composition
    Condition
    • Year built: 1970

    Utilities & green energy

    • Electric: APS
    • Sewer: Public Sewer
    • Water: City Franchise

    Community & neighborhood

    Community
    • Community features: No Pool
    Location
    • Region: Tempe
    • Subdivision: WESTWAY PARK

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple
    • Road surface type: Gravel, Dirt
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $830,500

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $830,500