$910,000

Estimated payment $5,212/month

Total Views 681
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • 3-minute walk to Smith-Martin/Apache Blvd
  • Heat Pump System
  • Ceramic Tile Flooring

About This Home

Value-add 5 unit multifamily community right across the street from Culdesac development in Tempe. (3) 2x1 Units at 600 SF, and (2) 1x1 Units at 550 SF. Please reach out with any questions.

Listing Agent

Kyle Inman

Matthews Real Estate Investment Services License #SA691658000 Listed on: 06/20/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,938

Year Built

  • Built in 1961

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 5 Open Parking Spaces
  • 6 Parking Spaces
  • 1 Covered Space

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 132-70-160

Community Details

Overview

  • 2 Buildings
  • 5 Units
  • Building Dimensions are irr
  • Zella Vista Subdivision

Building Details

  • Operating Expense $1,938
  • Gross Income $54,720
  • Net Operating Income $43,834

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,938

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: 101 & Apache
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1961
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Subdivision Name: ZELLA VISTA
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 6.0

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Electric, Heat Pump, Individual
  • Heating: Individual, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Tempe Union High School District

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 132-70-160

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 5
  • Annual Gross Income: 54720.0
  • Property Net Operating Income: 43834.0
  • Annual Operating Expense: 1938.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1938.0
  • Tax Book Number: 132.00
  • Tax Lot: 10

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 For Sale $910,000 +201.8% --
12/14/2015 12/14/15 Sold $301,500 -9.7% --
11/25/2015 11/25/15 Pending -- -- --
07/02/2015 07/02/15 For Sale $334,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6882948

Arizona Regional Multiple Listing Service (ARMLS)