1301 W 3RD Street Save Request In-Person Tour Request Virtual Tour
Tempe,AZ 85281
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Griffith Estates
MLS Listing ID 6905604
Year Built 1979
Annual Tax Amount $2,092
Tax Year 2024
Property Description
Prime Tempe 4-Plex - Great investment opportunity in a highly sought-after Tempe location! The property features two spacious 2-bedroom/1-bath units and two 1-bedroom/1-bath units, each with its own front patio. The one-bedroom units also enjoy private enclosed yards, perfect for added tenant appeal. Shared amenities include an on-site laundry room and rear parking. Nestled on a quiet, well-kept street with numerous remodeled homes, this property is just minutes from ASU campus, Carvana Headquarters, Phoenix Sky Harbor International Airport, the 202 freeway. With some long-term tenants already in place, there's significant upside potential for upgrades and market rent increases. Exceptional Value-Add Potential. Please do not disturb residents!
Location
State AZ
County Maricopa
Community Griffith Estates
Zoning R3
Interior
Heating Electric
Cooling Central Air,Ceiling Fan(s),Electric
Flooring Carpet,Ceramic Tile,Vinyl
Exterior
Parking Features Paved
Community Features No Pool
Roof Type Other
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Scales Technology Academy
Middle Schools Geneva Epps Mosley Middle School
High Schools Tempe High School
School District Tempe Union High School District
Others
Acceptable Financing Conventional
Listing Terms Conventional