1253 W Southern Ave., Tempe, AZ 85282

1253 W Southern Ave., Tempe, AZ 85282
Photo 1 of 30
$975,000
Beds Baths Sq. Ft. Taxes Built
0.00 0 $2,670 1970
On the market: 45 days

Est. Monthly Payment:

$6,061($5,838 + $223 taxes*)

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APPROVED
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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!
Listing courtesy of Erin Woodruff, Realty ONE Group