For Sale

Listed by Erin Woodruff

Source: Arizona Regional Multiple Listing Service #6973787

1253 West Southern Avenue, Tempe, AZ, 85282

$975,000

4

MultiFam

30+ days on the market

What's around 1253 West Southern Avenue

About this property

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!

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