$1,050,000

914 S Kenwood Cir Tempe, AZ 85281

Apache Neighborhood

Estimated payment $5,728/month

Total Views 89
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available
  • Thew Elementary School Rated 9+
  • Ceiling Fan

About This Home

A short bike ride from the Tempe ASU campus, 914 S Kenwood is a perfect Air BNB, mid term / executive rental, or just an easy long term rental property. This fully furnished 4 plex has been EXTENSIVELY renovated. EVERYTHING has been redone. The roof, AC units, underground plumbing, electrical, framing, drywall, all interior finishes, landscape, there isn't an inch of this property that hasn't been updated. All four units have 1 bedroom and 1 bathroom, as well as in unit laundry, quartz counters, modern cabinetry, dishwasher, all stainless steel appliances, wood plank style tile flooring, exterior storage closets for each unit, and are completely furnished and ready for guests. Tempe is in extremely high demand for both long & short term...

Listing Agent

Michael Gordon

Grace CRE License #BR688636000 Listed on: 09/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,597

Year Built

  • Built in 1962

Lot Details

  • Property fronts an alley

Home Design

  • Brick Exterior Construction
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 4 Parking Spaces
  • Carport
  • Over 1 Space Per Unit
  • On-Street Parking
  • Assigned Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 132-64-027

Community Details

Overview

  • 4 Units
  • Building Dimensions are 7,797 SQFT
  • Malaran Park 2 Subdivision

Building Details

  • Operating Expense $5,397
  • Gross Income $68,400
  • Net Operating Income $65,422

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,597

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: University Dr & Smith Rd
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2024
  • Road Frontage Type: Alley
  • Road Surface Type: Gravel, Asphalt
  • Subdivision Name: MALARAN PARK 2
  • Cooling:Ceiling Fan(s): Yes
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block, Brick
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Assigned, Add'l Parking Avail, >1 Space Per Unit, On Street, Carport
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Carport: Yes
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Assigned: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Furnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2400.0

Schools

  • Junior High Dist: Tempe Union High School District

Lot Info

  • Lot Size: 7,797 SQFT
  • Additional Parcels: No
  • Parcel #: 132-64-027

Multi Family

  • Owner Pays: Electricity, Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 68400.0
  • Insurance Expense: 1400.0
  • Property Net Operating Income: 65422.0
  • Annual Operating Expense: 5397.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1597.0
  • Tax Book Number: 132.00
  • Tax Lot: 8

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 $1,597 $14,261 -- --
2024 $1,578 $13,582 -- --
2023 $1,578 $60,060 $12,010 $48,050
2022 $1,514 $41,720 $8,340 $33,380
2021 $1,524 $35,200 $7,040 $28,160
2020 $1,478 $30,630 $6,120 $24,510
2019 $1,450 $24,920 $4,980 $19,940
2018 $1,414 $21,230 $4,240 $16,990
2017 $1,372 $20,400 $4,080 $16,320
2016 $1,362 $19,080 $3,810 $15,270
2015 $1,308 $16,180 $3,230 $12,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 For Sale $1,050,000 +34.6% --
08/04/2021 08/04/21 Sold $780,000 0.0% $359 / Sq Ft
01/05/2021 01/05/21 Price Changed $780,000 0.0% $359 / Sq Ft
09/25/2020 09/25/20 Rented $920 0.0% --
08/24/2020 08/24/20 For Rent $920 0.0% --
07/03/2020 07/03/20 For Sale $800,000 -- $368 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $780,000 Old Republic Title Agency
Warranty Deed $391,500 Thomas Title & Escrow
Quit Claim Deed -- None Available
Warranty Deed $305,000 Capital Title Agency Inc
Warranty Deed -- --
Warranty Deed $199,450 Capital Title Agency Inc
Interfamily Deed Transfer -- Old Republic Title Agency
Interfamily Deed Transfer -- Security Title Agency
Joint Tenancy Deed $116,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $228,750 Fannie Mae Freddie Mac
Previous Owner $139,600 New Conventional
Previous Owner $125,900 Purchase Money Mortgage
Previous Owner $105,700 No Value Available
Previous Owner $104,000 Seller Take Back
Closed $49,850 No Value Available
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6917327

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-64-027