1218 S FARMER Ave, Tempe, AZ 85281
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
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.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Lot size (acres)
- 0.22
- Year built
- 1960
Exterior features
- Horse amenities
- Stable
Utilities
- Heating
- Heat Pump, Electric
- Cooling
- Central Air, Ceiling Fans, Electric
- Sewer
- Public Sewer
- Water
- Public Water
Estimated monthly costs
- Insurance
- $333
Taxes
- Tax Annual Amount (2024)
- $2,668
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Arizona Regional Multiple Listing Service (ARMLS) MLS®#: 6919748 Last checked: …

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