Tempe, AZ 85282,1145 W SOUTHERN Avenue
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Tempe, AZ 85282,1145 W SOUTHERN Avenue
Tempe, AZ 85282,1145 W SOUTHERN Avenue
Tempe, AZ 85282,1145 W SOUTHERN Avenue
Tempe, AZ 85282,1145 W SOUTHERN Avenue
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$ 950,000
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Price Dropped by $15K

1145 W SOUTHERN Avenue Tempe, AZ 85282


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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Westway Park

MLS Listing ID 6888728

Maintenance Fees $3,000

Year Built 1970

Annual Tax Amount $2,779

Tax Year 2024

Lot Dimensions 106x125

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

DO NOT DISTURB TENANTS. Rarely available, turnkey Tempe 4-plex situated on a premium, oversized lot with exceptional visibility directly on Southern Ave. Meticulously maintained and exhibiting true pride of ownership, this income-producing asset features four spacious 2-bed, 1-bath units, all on month-to-month leases, providing immediate flexibility and upside on below-market rents.

Extensive recent capital improvements include new ABS plumbing, a newer roof, updated AC units, fresh interior and exterior paint, modern appliances, and updated finishes—allowing for hands-off operation from day one. The nearly 11,000 sq ft lot—one of the largest among neighboring 4-plexes—adds long-term value and redevelopment appeal.

Location

State AZ

County Maricopa

Community Westway Park

Area Maricopa

Zoning R-3R

Direction From Priest, east on Southern. Property located on the SE corner of Southern and S Shafer Dr.

Interior

Heating Heat Pump

Cooling Central Air, Ceiling Fan(s)

Flooring Carpet

Appliance Built-In Range, Disposal, Refrigerator, Microwave, Washer/Dryer

Exterior

Parking Features Paved, Assigned, Add'l Parking Avail, >1 Space Per Unit, Carport

Community Features No Pool

Roof Type Foam

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

High Schools Tempe High School

School District Tempe Union High School District

Others

Senior Community No

Tax ID 123-42-072

Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan

Disclosures None

Listing Terms Conventional, 1031 Exchange, FHA, VA Loan


Arizona Regional MLS (ARMLS)
Listed by Citiea
Chandler Thompson

Chandler Thompson

Agent | License ID: SA686240000

+1(602) 525-1391

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1145 W SOUTHERN Avenue