1234 S Farmer Avenue, Tempe, AZ 85281

Tempe
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
1234 S Farmer Avenue,Tempe, AZ 85281
$949,995
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: alan kittelman
Office: venture rei, llc.
MLS#:6887472
Source:ARMLS

Price summary

  • Price:$949,995

About this home

Incredible triplex in the heart of downtown Tempe—just a stone's throw from ASU! This well-maintained 1950 build sits on the corner of 13th & Farmer and includes two 2BR/1BA units (~900 sq ft each) and one ~600 sq ft studio. All three units are leased through July 2026, offering strong in-place cash flow. Updates include newer A/C units, a roof under 10 years old, and long-term ownership since 1996. Each unit has private access, with 410 W 13th featuring its own separate entrance. Prime walkable location near campus, Mill Ave, and Tempe Town Lake!

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Home facts

  • Year built:1950
  • Listing ID #:6887472
  • Updated:June 04, 2026 at 02:42 PM

Rooms and interior

  • Flooring:Ceramic Tile, Concrete

Heating and cooling

  • Cooling:Ceiling Fan(s), Electric, Wall/Window Unit
  • Heating:Electric
  • Central air:Yes

Structure and exterior

  • Year built:1950
  • Construction Materials:Block, Painted

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:$949,995
  • Tax amount:$1,979 (2024)

Parking

  • Total parking spaces:6
  • Parking description:1 Parking Space/Unit
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