1145 W Southern Avenue Tempe, AZ 85282
Listing Courtesy of: Arizona Regional MLS / Citiea

  1145 W Southern Avenue Tempe, AZ 85282

Active (47 Days)

Description

DO NOT DISTURB TENANTS. Rarely available and meticulously maintained Tempe 4-plex with exceptional visibility directly on Southern Ave. Each 2-bed, 1-bath unit is spacious and on month-to-month leases, offering immediate upside on below-market rents. Pride of ownership shows with major recent upgrades including new ABS plumbing, newer roof, updated ACs, fresh paint, modern appliances, and finishes. Property features covered parking, laundry hookups (with coin-op potential), and sits on a low-maintenance xeriscaped lot—one of the largest among neighboring 4-plexes at nearly 11,000 sq ft. Centrally located near shopping, dining, trails, and major freeways. Strong fundamentals and value-add potential for any investor.

MLS #:
6888728
Taxes
$2,779
Type
Multifamily
Year Built
1970
County
Maricopa County

Listed By

Bejan Parivar, Citiea
Source
Arizona Regional MLS
Last checked Aug 20 2025 at 12:36 PM GMT+0000
Bathroom Details
Heating and Cooling
  • Heat Pump
  • Central Air
  • Ceiling Fan(s)
Flooring
  • Carpet
  • Vinyl
Exterior Features
  • Painted
  • Block
  • Roof: Foam
Utility Information
  • Sewer: Public Sewer
School Information
  • High School: Tempe High School
Parking
  • Paved
  • Assigned
  • Add'L Parking Avail
  • >1 Space Per Unit
  • Carport
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Aug 18, 2025
Price Changed
$975,000
-2%
-20,000
Jul 22, 2025
Price Changed
$995,000
-1%
-5,000
Jul 04, 2025
Original Price
$1,000,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Listing Data Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All Rights reserved
Information Deemed Reliable but not Guaranteed.
ARMLS Last Updated: 8/20/25 05:36.