1101 S Farmer Avenue, Tempe, AZ 85281

Tempe
Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
1101 S Farmer Avenue,Tempe, AZ 85281
$995,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jennifer maclay, bradley maclay
Office: maclay real estate
MLS#:6952689
Source:ARMLS

Price summary

  • Price:$995,000

About this home

Welcome to this well-maintained fourplex in Tempe! Each of the four units has two bedrooms one bath. The property has recently been upgraded with a new roof and fresh exterior paint, ensuring a modern and appealing aesthetic. The location is a standout feature, being just a short walk away from ASU and the bustling Mill Avenue shops and restaurants. This proximity to local amenities not only provides convenience for tenants but also contributes to the property's stable income, with little to no vacancy. Ample parking is available for tenants, adding to the property's appeal. This is a fantastic opportunity for those seeking a great income-producing property in a prime location. Owner is doing a 1031 exchange

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Home facts

  • Year built:1975
  • Listing ID #:6952689
  • Updated:April 24, 2026 at 02:54 PM

Rooms and interior

  • Flooring:Carpet, Laminate, Tile, Vinyl

Heating and cooling

  • Heating:Heat Pump
  • Central air:Yes

Structure and exterior

  • Year built:1975
  • Construction Materials:Painted, Stucco

Schools

  • High school:Tempe High School
  • Middle school:Geneva Epps Mosley Middle School
  • Elementary school:Holdeman Elementary School

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$995,000
  • Tax amount:$2,859 (2025)

Parking

  • Total parking spaces:6
  • Parking description:1 Parking Space/Unit, Additional Parking Available, Paved
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