# 1253 W SOUTHERN Avenue, Tempe, AZ 85282

> **TL;DR:** 8bd/0ba residential multi family, $975,000, built 1970.
> A/C. Est. $4,225/mo. Listed 77 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $975,000 |
| Bedrooms | 8 |
| Year Built | 1970 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 77 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,225 |
| **Total** | **$4,225** |

## Nearby Schools

- **Elementary:** Carminati School
- **Middle:** Connolly Middle School
- **High:** Tempe High School

## Key Amenities

- A/C

## Property Highlights

- Built in 1970

## Description

### Agent Description
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!

## Location

- **Address:** 1253 W SOUTHERN Avenue, Tempe, AZ 85282
- **County:** Maricopa
- **Neighborhood:** WESTWAY PARK
- **Coordinates:** 33.392544, -111.959014
- **Google Maps:** https://www.google.com/maps?q=33.392544,-111.959014

## Listing Agent

- **Name:** Erin M Woodruff
- **Brokerage:** Realty ONE Group
- **Phone:** 4802506983
- **Email:** therealtorerin@gmail.com

## Primary Photo

![1253 W SOUTHERN Avenue - Primary Photo](http://lh.rdcpix.com/cd7952e12d69aae9f9b977c6f1a4a98el-f2952169906r.jpg)

*30 total photos available on [listing page](https://www.propertysimple.com/listing/1253-w-southern-avenue-tempe-az-85282-6973787)*

---

**MLS#:** 6973787 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1253-w-southern-avenue-tempe-az-85282-6973787)

---

## Structured Data

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  "description": "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 av",
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