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.
For sale
$1,675,000
1218 S Farmer Ave, Tempe, AZ 85281
7beds
8baths
6,250sqft
Est.:
Multi Family
Built in 1960
-- sqft lot
$-- Zestimate®
$268/sqft
$-- HOA
What's special
Generous lotFunctional layouts
- 37 days |
- 450 |
- 25 |
- Loading
- Loading