1301 W 3RD Street new

Tempe,AZ 85281

$ 825000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Griffith Estates

MLS Listing ID 6905604

Year Built 1979

Annual Tax Amount $2,092

Tax Year 2024

Lot Dimensions 8359

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Prime Tempe 4-Plex - Great investment opportunity in a highly sought-after Tempe location! The property features two spacious 2-bedroom/1-bath units and two 1-bedroom/1-bath units, each with its own front patio. The one-bedroom units also enjoy private enclosed yards, perfect for added tenant appeal. Shared amenities include an on-site laundry room and rear parking. Nestled on a quiet, well-kept street with numerous remodeled homes, this property is just minutes from ASU campus, Carvana Headquarters, Phoenix Sky Harbor International Airport, the 202 freeway. With some long-term tenants already in place, there's significant upside potential for upgrades and market rent increases. Exceptional Value-Add Potential. Please do not disturb residents!

Location

State AZ

County Maricopa

Community Griffith Estates

Zoning R3

Direction from 202 exit to Priest, South of Rio Salado Pkwy to 3rd Street, East to property on the right.

Interior

Heating Electric

Cooling Central Air,Ceiling Fan(s),Electric

Flooring Carpet,Ceramic Tile,Vinyl

Appliance Other,Refrigerator,Washer/Dryer

Exterior

Parking Features Paved

Community Features No Pool

Roof Type Other

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

Elementary Schools Scales Technology Academy

Middle Schools Geneva Epps Mosley Middle School

High Schools Tempe High School

School District Tempe Union High School District

Others

Senior Community No

Tax ID 124-28-038

Acceptable Financing Conventional

Listing Terms Conventional

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