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1253 West Southern Avenue

Tempe AZ 85282

4
Multi-Family
Currently for sale - view listing

Overview

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!

Features

4 carspaces
4 open car spaces
Multi-Family

Happy sellers in Tempe

87%
87% of sellers in Tempe reported that their sale price either exceeded or met their price expectations.

Tempe stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Tempe over the last 12 months.

Local market activity for multi families in Tempe

In the last 12 months, 3 multi families similar to 1253 West Southern Avenue, have been sold.

This represents a 50% decrease in multi families sales when compared to the previous 12 months.

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(619) 566-0008
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