Exceptional investment opportunity in this well-maintained 9-unit multifamily property! Conveniently located in a desirable, high-demand rental area of Tempe, ASU. This 9-plex features 8-1bedroom units and 1- studio with strong rental history and low vacancy. Each unit offers functional layouts, and 15 dedicated parking. All units have been tastefully updated attracting quality long-term tenants. The property sits on a generous lot with potential for future development (buyer to verify). On-site laundry, separate utility meters, This is a turnkey addition to any investor's portfolio. Easy access to transit, ASU, shopping, and major employment centers. Whether you're a seasoned investor or entering the multifamily market, this is a rare chance to acquire a stable, cash-flowing asset.
Listed by:
Civic Center Real Estate
Listing provided courtesy of Arizona Regional Multiple Listing Service, Inc. (ARMLS)| Date | Days Ago | Event | New Price |
|---|---|---|---|
| Sep 15, 2025 | 9 mos ago | Price increased1,507,500 (90%) | $1,675,000 |
| Sep 15, 2025 | 9 mos ago | New on market | $167,500 |