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$975,000
3 Days On Site
1253 W SOUTHERN AvenueTempe, AZ 85282
For Sale|Multi Family|Active
0
Beds
0
Total Baths
1970
Built
Subdivision:
WESTWAY PARK
County:
Maricopa
Call Now: (623) 439-5379
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Prime investment opportunity in the heart of Tempe! This centrally located property sits just minutes from ASU, major employers, Tempe Town Lake, Sky Harbor Airport, and multiple freeway access points, making it an exceptionally strong rental location with consistent demand and fully rented! The exterior provides low-maintenance landscaping and ample parking, keeping holding costs low. With Tempe's strong rental rates and historically low vacancy trends, this property offers outstanding cash-flow. Opportunities in this location don't come often—secure a reliable income-producing asset in one of the Valley's most proven rental markets, currently the cap rate is at 9.08%! Immediate income for the new buyer that is ready for cashflow!
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Listing Snapshot
Price
$975,000
Days On Site
3 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1970
MLS® Number
6973787
Status
Active
Property Tax
$2,670
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 days ago | Listing updated with changes from the MLS® | |
| 3 days ago | Listing first seen on site |
General Features
Cross Street
Southern & Priest
Disclosures
None
Parking
Carport
Parking Spaces
4
Property Sub Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
R-3R
Interior Features
Appliances
Built-In RangeDishwasher
Cooling
Heat Pump
Flooring
CarpetVinyl
Heating
Central
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Exterior Features
Construction Details
Block
Roof
Foam
Community Features
Financing Terms Available
ConventionalFHAVA Loan
School District
Tempe Union High School District
Township
1N
Schools
School District
Tempe Union High School District
Elementary School
Carminati School
Middle School
Connolly Middle School
High School
Tempe High School
Listing courtesy of Realty ONE Group.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Last checked: 2026-01-27 01:39 AM UTC
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Last checked: 2026-01-27 01:39 AM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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