AZ
Maricopa
Tempe
85281
1218 S FARMER Avenue
1218 S FARMER Avenue, Tempe, AZ 85281
Share Listing
Listing Type
Multi Family
Listing Status
active
48
$1,675,000

Home Details for 1218 S FARMER Avenue

Price
$1,675,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1960
County
Maricopa
Garage
Days on site
83
Listing #
6919748
Listing Courtesy: Civic Center Real Estate - 602-291-2090
Property Description

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.

Property Features
  • Cooling Information
    • Central Air
    • Ceiling Fan(s)
    • Electric
  • Heating Information
    • Heat Pump
    • Electric
  • Water Features
    • Public
  • Parking
    • Carport
School Information
School Information for 1218 S FARMER Avenue, Tempe, AZ 85281
Elementary School
Holdeman Elementary School
Middle School
Geneva Epps Mosley Middle School
High School
Tempe High School
Arizona logo Copyright ©2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last Updated: 2025-09-15 13:30:46
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Arizona.
EXIT REALTY LIVING
64 E. Broadway Rd. Ste 200, Tempe, AZ 85282
Office
480 791 4604
Request more details
Code: