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About This Home
This 8-bedroom, 0-bathroom residential multi family at 1253 W SOUTHERN Avenue in Tempe, AZ is listed for $975,000. Built in 1970, on a N/A lot.
INCREDIBLE INVESTOR OPPORTUNITY -- RARE 4-PLEX IN TEMPE WITH A 9.08% CAP RATE! This high-performing multi-family asset is located just minutes from Arizona State University (ASU), Tempe Town Lake, major employment corridors, and Phoenix Sky Harbor International Airport.
Properties in this pocket remain in constant demand, offering extremely low vacancy rates and consistent rental strength year-round. Fully leased and cash-flowing from day one, this 4-plex delivers one of the highest cap rates available in Tempe for a property of its kind--9.08%.
Strong tenant base, stable rent rolls, and immediate income make this an ideal acquisition for buy-and-hold investors, 1031 buyers, or portfolio builders seeking reliable returns. Opportunities with this level of return in Tempe are extremely rare!
Key Features
- Built in 1970
Property Details
Amenities
Monthly Cost Estimate
$5,215/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1253 W SOUTHERN Avenue
Tempe, AZ 85282
WESTWAY PARK
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 8-bedroom, 0-bathroom residential multi family at 1253 W SOUTHERN Avenue is listed at $975,000. The estimated monthly payment is $4,225 based on 20% down at 6.5% interest.
Key features include: Built in 1970.
This property is listed by Erin M Woodruff and can be reached at 4802506983 or therealtorerin@gmail.com.