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About the Listing cice001 - cb577
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.
Listing Highlights for 1218 S Farmer Ave
Status
Active
Days on Site
39
Property Type
Multi-Family
MLS ®
6919748
Year Built
1960
Total Square Footage
0
Lot/Acreage
N/A
County
Maricopa
Neighborhood
State College Homes Lots 41-48
School District
Tempe School District
Elementary School
Holdeman Elementary School
Middle School
Geneva Epps Mosley Middle School
High School
Tempe High School
Interior Details
- Bedrooms: 8
- Bathrooms: 1 Full
- Appliances:
- Air Cond: Central Air,Ceiling Fan(s),Electric
- Heating: Heat Pump,Electric
- Fireplaces:
- Floor: Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City Franchise
Exterior Details
- Garage Capacity: N/A
- Roof: Composition
- Others:
- Sewer: Public Sewer
- Parking Features: Add'l Parking Avail,1 Space/Unit,Carport
Financial Details
- Tax Amount: $2,668
- Taxes w/Assessments: N/A
- Tax/Property ID: 124-70-026
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
1218 S Farmer Ave Tempe, AZ 85281
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