AZ
Maricopa
Tempe
85282
1253 W SOUTHERN Avenue
1253 W SOUTHERN Avenue, Tempe, AZ 85282
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Listing Type
Multi Family
Listing Status
Active
30
$975,000

Home Details for 1253 W SOUTHERN Avenue

Price
$975,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1970
County
Maricopa
Garage
Days on site
36
Listing #
6973787
Listing Courtesy: Realty ONE Group - 480-321-8100
Property Description

INCREDIBLE INVESTOR OPPORTUNITY -- RARE 4-PLEX IN TEMPE WITH A 9.08% CAP RATE! This high-performing multi-family asset is located just minutes from Arizona State University (ASU), Tempe Town Lake, major employment corridors, and Phoenix Sky Harbor International Airport. Properties in this pocket remain in constant demand, offering extremely low vacancy rates and consistent rental strength year-round. Fully leased and cash-flowing from day one, this 4-plex delivers one of the highest cap rates available in Tempe for a property of its kind--9.08%. Strong tenant base, stable rent rolls, and immediate income make this an ideal acquisition for buy-and-hold investors, 1031 buyers, or portfolio builders seeking reliable returns. Opportunities with this level of return in Tempe are extremely rare!

Property Features
  • Cooling Information
    • Heat Pump
  • Heating Information
    • Central
  • Water Features
    • Public
  • Parking
    • Carport
School Information
School Information for 1253 W SOUTHERN Avenue, Tempe, AZ 85282
Elementary School
Carminati School
Middle School
Connolly Middle School
High School
Tempe High School
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Last Updated: 2026-02-24 15:01:35
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EXIT REALTY LIVING
64 E. Broadway Rd. Ste 200, Tempe, AZ 85282
Office
480 791 4604
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