Back 1301 W 3rd St
Off Market

1301 W 3rd St

Tempe AZ 85281

6
Multi-Family
Last sold for $800,000
Jacquelyn ShoffnerJacquelyn Shoffner, last sold this property on 30 September 2025 after 47 days on market.

Overview

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!

Features

6 carspaces
6 open car spaces
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Tempe over the last 12 months, the estimated median property value of 1301 W 3rd St is $675k.

Median value
$675k
Estimated value range
$2.63k - $2.4m
Median days on market
91
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Tempe. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1301 W 3rd St

2025
Sold
$800,000
30 Sep 2025 by Jacquelyn Shoffner, of Real Broker AZ, LLC
2016
Sold
$310,000
30 Jun 2016

Happy sellers in Tempe

95%
95% 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 4 reviews in Tempe over the last 12 months.

Local market activity for multi families in Tempe

In the last 12 months, 18 multi families similar to 1301 W 3rd St, have been sold.

This represents a 35% decrease in multi families sales when compared to the previous 12 months.

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