509 W 2nd Street, Tempe, AZ 85281

Tempe
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
509 W 2nd Street,Tempe, AZ 85281
$650,000
  • 3 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jared a english888-881-4118
Office: congress realty, inc.
MLS#:7062358
Source:ARMLS

Price summary

  • Price:$650,000

About this home

Downtown Tempe Triplex. Genuinely close to Valley Metro Light Rail, Town Lake, Tempe Streetcar, and Arizona State University. Neighboring Mill Avenue dining, shopping, and entertainment. Well-cared-for, low-maintenance building that reflects the rarity and desirability of multifamily property in this area. New roof in 2024; 2 new A/C units and 3 new tankless smart water heaters installed in 2026. Suitable for an investor or owner-occupant looking to live in one unit while generating rental income from the other two. Seller Will Consider buyer closing cost concessions.

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Home facts

  • Year built:1955
  • Subdivision & Development:STATE PLAT NO 12 AMD
  • Listing ID #:7062358
  • Updated:November 08, 2026 at 04:20 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Flooring:Concrete, Tile

Heating and cooling

  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1955
  • Construction Materials:Block, Painted

Schools

  • High school:Tempe High School
  • Elementary school:Scales Technology Academy

Utilities

  • Water:Master Meter

Finances and disclosures

  • Price:$650,000
  • Tax amount:$1,468 (2025)

Parking

  • Total parking spaces:5
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