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About This Home
This 0-bedroom, 0-bathroom residential multi family at 1145 W SOUTHERN Avenue in Tempe, AZ is listed for $930,000. Built in 1970, on a N/A lot.
DO NOT DISTURB TENANTS. BRAND NEW ROOF FEB 2026! Exceptional opportunity to acquire a high-visibility, turnkey Tempe 4-plex positioned on a premium, oversized lot directly on Southern Ave--an unbeatable location with strong rental demand and long-term appreciation potential.
This meticulously maintained asset offers four spacious 2-bed, 1-bath units, all on month-to-month leases, creating immediate income with significant upside through rent optimization. The property reflects true pride of ownership and is primed for seamless operation.
Major capital improvements have already been completed, including brand new roof, new ABS plumbing, updated AC units, fresh interior and exterior paint, modern appliances, and updated finishes--making this a true plug-and-play investment. Situated on a nearly 11,000 sq ft lot--one of the largest among neighboring 4-plexes-- this property offers gig
antic long-term potential, whether held for cash flow, repositioned for higher rents, or leveraged for future redevelopment. Rare scale, premier exposure, and turnkey condition in the heart of Tempe make this an extraordinary multifamily opportunity.
Key Features
- Built in 1970
Property Details
Amenities
Monthly Cost Estimate
$4,974/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1145 W SOUTHERN Avenue
Tempe, AZ 85282
WESTWAY PARK
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 1145 W SOUTHERN Avenue is listed at $930,000. The estimated monthly payment is $4,030 based on 20% down at 6.5% interest.
Key features include: Built in 1970.
This property is listed by Bejan Parivar and can be reached at 6264375604 or bparivar@citiea.com.




















