This listing is courtesy of Civic Center Real Estate. Contact at 602-291-2090
  • Remarks: Exceptional investment opportunity in this well-maintained 9-unit multifamily property! Conveniently located in a desirable, high-demand rental area of Tempe, ASU. This 9-plex features 8-1bedroom units and 1- studio with strong rental history and low vacancy. Each unit offers functional layouts, and 15 dedicated parking. All units have been tastefully updated attracting quality long-term tenants. The property sits on a generous lot with potential for future development buyer to verify. On-site laundry, separate utility meters, This is a turnkey addition to any investor's portfolio. Easy access to transit, ASU, shopping, and major employment centers. Whether you're a seasoned investor or entering the multifamily market, this is a rare chance to acquire a stable, cash-flowing asset.
  • Listing ID: 6919748 Status: Active

    • Acres:
      0
    • Construction Materials:
      Wood Frame
      Painted
      Block
    • Listing Terms:
      Owner May Carry
      Conventional
      1031 Exchange
    • Property Type:
      Multiple Dwellings
    • Attached Garage:
      No
    • Cooling:
      Central Air
      Ceiling Fan(s)
      Electric
    • Parking Features:
      Add'l Parking Avail
      1 Space/Unit
      Carport

    • Community Features:
      Barbecue
      Play Area
      No Pool
    • County:
      Maricopa

    • School District:
      Tempe Union High School District
    • Elementary School:
      Holdeman Elementary School
    • Middle School:
      Geneva Epps Mosley Middle School
    • High School:
      Tempe High School

    $1,675,000

    1218 S FARMER Avenue
    Tempe, AZ 85281

    0 Baths


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    This listing is courtesy of Civic Center Real Estate. Contact at 602-291-2090
    Listings Data Updated on 2/7/2026 6:59 AM
    All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
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