Listing Details:
Listing ID: 6973787
Updated: 2/23/2026 5:08pm
| Status | Active/For Sale |
| Days On Market | 32 |
| Taxes | $2,670.00 |
| HOA | $0.00/******** |
| Type | N/A |
| Open Parking | 4 |
| Year Built | 1970 |
| Lot Size | 0.00 |
| County | Maricopa |
| Listed By | Realty ONE Group |
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!
School Information:
- Carminati School
- Connolly Middle School
- Tempe High School
Property Location:
Listed By: Realty ONE Group | Erin M Woodruff 480-250-6983
Source: ARMLS
All information should be verified by the recipient, and none is guaranteed as accurate by ARMLS.
