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Michelle Quackenbush

azbrokeronline@gmail.com +1(602) 999-2627

$ 999,999

Est. payment -/mo

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1101 S FARMER Avenue Tempe, AZ 85281

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Farmers Addition Blocks 1-2 Part 3 Lots 1-5

MLS Listing ID 6952689

Maintenance Fees $1,750

Year Built 1975

Annual Tax Amount $2,859

Tax Year 2025

Lot Dimensions 7838

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Welcome to this well-maintained fourplex in Tempe! Each of the four units has two bedrooms one bath. The property has recently been upgraded with a new roof and fresh exterior paint, ensuring a modern and appealing aesthetic. The location is a standout feature, being just a short walk away from ASU and the bustling Mill Avenue shops and restaurants. This proximity to local amenities not only provides convenience for tenants but also contributes to the property's stable income, with little to no vacancy. Ample parking is available for tenants, adding to the property's appeal. This is a fantastic opportunity for those seeking a great income-producing property in a prime location.

Location

State AZ

County Maricopa

Community Farmers Addition Blocks 1-2 Part 3 Lots 1-5

Area Maricopa

Zoning R-3

Direction US 60 and Mill North of Mill ave, West on 13th North of Farmer. Property on the Right hand side.

Interior

Heating Heat Pump

Cooling Central Air

Flooring Carpet

Appliance Refrigerator, Free-Standing Electric Oven, Microwave

Exterior

Parking Features Paved, Add'l Parking Avail, 1 Space/Unit

Community Features Manager Res/Office, No Pool

Roof Type Foam

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

Elementary Schools Holdeman Elementary School

Middle Schools Geneva Epps Mosley Middle School

High Schools Tempe High School

School District Tempe Union High School District

Others

Senior Community No

Tax ID 124-70-005

Acceptable Financing Conventional, 1031 Exchange

Disclosures Seller Prop Disc Stm

Listing Terms Conventional, 1031 Exchange

Listed by MacLay Real Estate

Michelle Quackenbush

Agent

+1(602) 999-2627

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