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Triplex for Sale in Tempe, AZ

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    $949,995

    1234 S Farmer Ave, Tempe, AZ 85281

    Incredible triplex in the heart of downtown Tempe—just a stone's throw from ASU! This well-maintained 1950 build sits on the corner of 13th & Farmer and includes two 2BR/1BA units (~900 sq ft each) and one ~600 sq ft studio. All three units are leased through July 2026, offering strong in-place cash flow. Updates include newer A/C units, a roof under 10 years old, and long-term ownership since

    Alan Kittelman Venture REI, LLC

    1234 S Farmer Ave, Tempe, AZ 85281
  • /6

    $630,000

    1519 W 7th Place, Tempe, AZ 85281

    Great investment opportunity with this Tempe Triplex near ASU, located near Priest & University. This property has two large 2 bed/1 bath units, and one unit that is 3 bed/2 bath. Property is on a large lot. All units are individually metered for gas & electric, plus there is a shared laundry room. ** Do not disturb tenants**

    David Evans Jr Realty ONE Group

    1519 W 7th Place, Tempe, AZ 85281
  • /5

    $580,000

    1513 W 7th Place, Tempe, AZ 85281

    Great investment opportunity with this Tempe Triplex by ASU, located near Priest & University. All are spacious 2 Bed/1 Bath units & the property is on a large lot. Units are individually metered for gas & electric, plus there is a shared laundry room. **Do not disturb tenants**

    David Evans Jr Realty ONE Group

    1513 W 7th Place, Tempe, AZ 85281

Home Trends in Tempe, AZ

Housing Trends

Median Sale Price
$475,000
Median Single Family Sale Price
$544,000
Median Townhouse Sale Price
$380,000
Median 2 Bedroom Sale Price
$299,850
Median 1 Bedroom Sale Price
$235,000
Average Price Per Sq Ft
$301
Number of Homes for Sale
385
Last 12 months Home Sales
1,356
Months of Supply
3.40
Median List Price
$499,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
2%
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