1234 S FARMER Avenue, Tempe, AZ 85281 - MLS#6887472 - Ryan Ney

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Ryan Ney

My Home Group Real Estate

ryan@realscottsdalehomes.com +1(480) 566-9249

$949,995

Est. payment - /mo

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision State College Homes Lots 41-48

MLS Listing ID 6887472

Year Built 1950

Annual Tax Amount $1,979

Tax Year 2024

Lot Dimensions 100 x 70

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

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!

Location

State AZ

County Maricopa

Community State College Homes Lots 41-48

Zoning R3

Direction West on 13th St / Right on Farmer. Home is on the corner of 13th and Farmer.

Interior

Heating Electric

Cooling Central Air, Ceiling Fan(s), Window/Wall Unit, Electric

Flooring Ceramic Tile, Concrete

Appliance Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer, W/D Hookup

Exterior

Parking Features 1 Space/Unit

Community Features No Pool

Roof Type Composition

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

Elementary Schools Holdeman Elementary School

Middle Schools Geneva Epps Mosley Middle School

High Schools Tempe High School

School District Tempe Union High School District

Others

Senior Community No

Tax ID 124-70-031-B

Acceptable Financing Owner May Carry, Conventional, FHA, VA Loan

Listing Terms Owner May Carry, Conventional, FHA, VA Loan

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Listed by Venture REI, LLC

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Ryan Ney

+1(480) 566-9249

Realtor® ~ Team Leader | SASA548713000

Realtor® ~ Team Leader SASA548713000

Scottsdale Speciality Searches

1234 S FARMER Avenue Tempe, AZ 85281

Ryan Ney

Key Details

Location

Interior

Exterior

Building

Schools

Others

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