1234 S FARMER Avenue new Save Request In-Person Tour Request Virtual Tour
Tempe,AZ 85281
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision State College Homes Lots 41-48
MLS Listing ID 6887472
Year Built 1950
Annual Tax Amount $1,979
Tax Year 2024
Lot Dimensions 100 x 70
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Incredible triplex in the heart of downtown Tempe—just a stone's throw from ASU! This well-maintained 1950 build sits on the corner of 13th & Farmer and includes two 2BR/1BA units (~900 sq ft each) and one ~600 sq ft studio. All three units are leased through July 2026, offering strong in-place cash flow. Updates include newer A/C units, a roof under 10 years old, and long-term ownership since 1996. Each unit has private access, with 410 W 13th featuring its own separate entrance. Prime walkable location near campus, Mill Ave, and Tempe Town Lake!
Location
State AZ
County Maricopa
Community State College Homes Lots 41-48
Zoning R3
Direction West on 13th St / Right on Farmer. Home is on the corner of 13th and Farmer.
Interior
Heating Electric
Cooling Central Air,Ceiling Fan(s),Window/Wall Unit,Electric
Flooring Ceramic Tile,Concrete
Appliance Refrigerator,Free-Standing Electric Oven,Microwave,Washer/Dryer,W/D Hookup
Exterior
Parking Features 1 Space/Unit
Community Features No Pool
Roof Type Composition
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Holdeman Elementary School
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 124-70-031-B
Acceptable Financing Owner May Carry,Conventional,FHA,VA Loan
Listing Terms Owner May Carry,Conventional,FHA,VA Loan