1145 W Southern Avenue, Tempe, AZ 85282

Tempe
Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
1145 W Southern Avenue,Tempe, AZ 85282
$930,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: bejan parivar
Office: realty one group
MLS#:6888728
Source:ARMLS

Price summary

  • Price:$930,000

About this home

DO NOT DISTURB TENANTS. BRAND NEW ROOF FEB 2026! Exceptional opportunity to acquire a high-visibility, turnkey Tempe 4-plex positioned on a premium, oversized lot directly on Southern Ave--an unbeatable location with strong rental demand and long-term appreciation potential. This meticulously maintained asset offers four spacious 2-bed, 1-bath units, all on month-to-month leases, creating immediate income with significant upside through rent optimization. The property reflects true pride of ownership and is primed for seamless operation. Major capital improvements have already been completed, including brand new roof, new ABS plumbing, updated AC units, fresh interior and exterior paint, modern appliances, and updated finishes--making this a true plug-and-play investment. Situated on a nearly 11,000 sq ft lot--one of the largest among neighboring 4-plexes-- this property offers gigantic long-term potential, whether held for cash flow, repositioned for higher rents, or leveraged...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1970
  • Listing ID #:6888728
  • Updated:May 14, 2026 at 02:55 PM

Rooms and interior

  • Flooring:Carpet, Vinyl

Heating and cooling

  • Cooling:Ceiling Fan(s)
  • Heating:Heat Pump
  • Central air:Yes

Structure and exterior

  • Year built:1970
  • Construction Materials:Block, Painted

Schools

  • High school:Tempe High School

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$930,000
  • Tax amount:$2,779 (2024)

Parking

  • Total parking spaces:10
  • Parking description:Additional Parking Available, Assigned, Carport, More Than 1 Parking Space/Unit, Paved
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

New listings near 1145 W Southern Avenue