$770,000
$825,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
1301 W 3RD Street Tempe, AZ 85281
Key Details
Sold Price $770,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Griffith Estates
MLS Listing ID 6905604
Sold Date 09/30/25
Year Built 1979
Annual Tax Amount $2,092
Tax Year 2024
Lot Dimensions 8359
Source Arizona Regional Multiple Listing Service (ARMLS)
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
Area Maricopa
Zoning R3
Direction from 202 exit to Priest, South of Rio Salado Pkwy to 3rd Street, East to property on the right.
Interior
Heating Electric
Cooling Central Air, Ceiling Fan(s), Electric
Flooring Carpet
Appliance Other, Refrigerator, Washer/Dryer
Exterior
Parking Features Paved
Community Features No Pool
Roof Type Other
Private Pool No
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
Senior Community No
Tax ID 124-28-038
Acceptable Financing Conventional
Disclosures None
Listing Terms Conventional
Financing Conventional
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Bought with Keller Williams Realty Phoenix
