$2,595,000

117 W 10th St Tempe, AZ 85281

Maple Ash Neighborhood

Estimated payment $14,154/month

Total Views 2,034
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Multiple cooling system units
  • ENERGY STAR Qualified Equipment for Heating
  • Heat Pump System
  • Ceiling Fan

About This Home

Rare Investment Opportunity in Prime Tempe Location!
Don't miss this incredible chance to own four beautifully remodeled patio homes on one lot in the heart of the Maple & Ash Historic District—just steps from ASU's main campus!
This turnkey, multi-unit property includes:
Three 2 bed / 1 bath units
One 2 bed / 2 bath unit - Each home is thoughtfully updated and move-in ready, featuring:
Modern kitchens with updated appliances
In-unit washer/dryer
Spacious covered patios
Private, fenced yards
Dedicated carports with additional storage
Ample overflow parking in the back lot. Located just 1,200 feet from the iconic Frank Lloyd Wright-designed Gammage Theater, and only a 3-minute walk to ASU, this property sits in one of Tempe's most sought-after neighborhoods. Walk to Mill Avenue, Tempe Town Lake, and top local spots like Casey Moore's Oyster House, with quick access to Scottsdale, the airport, and multiple MLB spring training venues.
Whether you're looking for a prime income-generating asset or a strategic location for future appreciation, this property checks all the boxes.
**Check the documents tab for full details on renovations, upgrades, and individual unit features.

Listing Agent

Adam Prather

eXp Realty License #SA659490000 Listed on: 10/10/2025

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,729

Year Built

  • Built in 1977

Home Design

  • Foam Roof
  • Block Exterior

Parking

  • 12 Open Parking Spaces
  • 16 Parking Spaces
  • Carport
  • Paved Parking
  • Assigned Parking

Schools

  • Holdeman Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Multiple cooling system units
  • Heat Pump System
  • Individual Controls for Heating

Additional Features

  • Ceiling Fan
  • ENERGY STAR Qualified Equipment for Heating
  • Additional Parcels

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 132-45-130

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are (N)145.39' x (E)129.79' | (S) 146.02' x (W)129.88'
  • 10Th And Ash Place Condominium Subdivision

Building Details

  • Operating Expense $22,729
  • Net Operating Income $178,931

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,729

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Cross Street: 10th St & Ash Ave
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: [R-2] Multi-Fam
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1977
  • Tax Year: 2024
  • Subdivision Name: 10TH AND ASH PLACE CONDOMINIUM
  • Cooling:Ceiling Fan(s): Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Free-Standing Range, Other, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Other (See Remarks), Seller Prop Disc Stm, Development Plan Avl, Subd Rpt/Exemption
  • Construction Type: Other, Painted, Block
  • Roof: Other, Foam
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved, Assigned, Add'l Parking Avail, <1 Space Per Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 16.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 16.0
  • Parking Features:Carport: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: Other (See Remarks), APS, Individual Meter
  • Cooling: Ceiling Fan(s), ENERGY STAR Qualified Equipment, See Remarks, Heat Pump, Individual, 2 or More Units
  • Heating: ENERGY STAR Qualified Equipment, Other, See Remarks, Individual, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Submetered System, City Franchise
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Fee Information

  • Annual Water Sewer Expense: 2040.0

Schools

  • Elementary School: Holdeman Elementary School
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Lot Size: (N)145.39' x (E)129.79' | (S) 146.02' x (W)129.88'
  • Additional Parcels: Yes
  • Parcel #: 132-45-130

Multi Family

  • Owner Pays: Other, Gas, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Electric Expense: 3600.0
  • Insurance Expense: 3000.0
  • Maintenance Expense: 2280.0
  • Property Net Operating Income: 178931.0
  • Annual Operating Expense: 22729.0
  • Vacancy Allowance Rate: 0.07

Tax Info

  • Tax Annual Amount: 5729.0
  • Tax Book Number: 132.00
  • Tax Lot: 6

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,675 $13,977 -- --
2024 $1,547 $13,311 -- --
2023 $1,547 $28,960 $5,790 $23,170
2022 $1,484 $24,720 $4,940 $19,780
2021 $1,494 $22,500 $4,500 $18,000
2020 $1,449 $21,510 $4,300 $17,210
2019 $1,421 $12,650 $2,530 $10,120
2018 $1,386 $10,700 $2,140 $8,560
2017 $1,345 $9,460 $1,890 $7,570
2016 $1,412 $9,530 $1,900 $7,630
2015 $1,436 $9,610 $1,920 $7,690
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2025 10/10/25 For Sale $2,595,000 0.0% --
08/05/2022 08/05/22 Rented $2,700 +4.0% --
08/03/2022 08/03/22 Under Contract -- -- --
07/30/2022 07/30/22 For Rent $2,595 +67.4% --
06/01/2019 06/01/19 Rented $1,550 0.0% --
04/24/2019 04/24/19 Under Contract -- -- --
04/16/2019 04/16/19 For Rent $1,550 +3.7% --
08/03/2018 08/03/18 Rented $1,495 0.0% --
07/31/2018 07/31/18 Under Contract -- -- --
07/31/2018 07/31/18 Price Changed $1,495 +4.9% $2 / Sq Ft
07/27/2018 07/27/18 Price Changed $1,425 -4.7% $2 / Sq Ft
07/24/2018 07/24/18 Price Changed $1,495 -6.3% $2 / Sq Ft
07/19/2018 07/19/18 Price Changed $1,595 -0.3% $2 / Sq Ft
07/16/2018 07/16/18 Price Changed $1,599 -10.7% $2 / Sq Ft
06/27/2018 06/27/18 Price Changed $1,790 -0.3% $2 / Sq Ft
06/22/2018 06/22/18 Price Changed $1,795 -0.3% $2 / Sq Ft
06/15/2018 06/15/18 For Rent $1,800 +33.8% --
03/27/2017 03/27/17 Rented $1,345 0.0% --
03/16/2017 03/16/17 Under Contract -- -- --
03/03/2017 03/03/17 For Rent $1,345 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $400,000 Equitable Title
Warranty Deed $247,000 Old Republic Title Agency
Interfamily Deed Transfer -- Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $304,000 New Conventional
Previous Owner $135,000 Purchase Money Mortgage
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6924208

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-45-130

Arizona Maricopa County Tempe 85281 Maple Ash

117 W 10th St, Tempe, AZ

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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Adam Prather
Listing Agent
Adam Prather
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eXp Realty
(480) 298-3564