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908 S Mariana St

Tempe AZ 85281

8
Multi-Family
Currently for sale - view listing

Overview

Capitalize on a rare investment opportunity with this well-maintained four-plex, ideally situated in the heart of Tempe. This property boasts an unbeatable location, placing you within walking distance to the vibrant Arizona State University Tempe campus, ensuring consistent tenant demand. Additionally, you're just minutes away from the cutting-edge Novus Innovation Corridor, a hub of technology and development, further enhancing the property's appeal. Enjoy exceptional connectivity with minutes-away access to major highways, facilitating effortless commutes throughout the Phoenix metropolitan area. This strategic location contributes to the property's history of rarely experiencing vacancies, providing a reliable and steady income stream. The property is the end lot of a culdesac with four covered parking spaces. Units feature 1bedroom 1 bathroom units with a seller-owned onsite coin laundry. This is not just a stable investment; it's an opportunity for growth. Current market analysis indicates significant room to increase rents, allowing you to maximize your return. For qualified buyers, the seller is offering seller financing, making this an even more accessible and attractive investment prospect. Don't miss out on this chance to acquire a prime Tempe property with exceptional potential. Drive by only, tenants are unaware of the sale. Do Not Disturb. All facts and figures are approximate, buyer verify MLS information. Seller is related to listing agent.

Features

8 carspaces
4 open car spaces
Multi-Family

Property history for 908 S Mariana St

2018
Sold
$375,000
30 May 2018
2017
Rented
Undisclosed
06 Jan 2017 by AH Properties
2015
Sold
$227,500
20 Jan 2015 by Diana Creason, of Sundial Real Estate

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, 19 multi families similar to 908 S Mariana St, have been sold.

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

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