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Listing 1 out of 387
Sold for $272,000 Sold

932 Tempe Drive
Tempe, AZ 85281

2 units | Multi Family Home - MLS# 5894983
Property Photo


Sold for $272,000 on Jun 6, 2019


Excellent investment opportunity in high growth Tempe area near ASU! Great rental location near upscale Tempe Town Lake developments, downtown Tempe, and beautiful Papago Park! Revitalization and redevelopment in the area has meant increasing rents!Nice sized 2-bedrooms literally 2 blocks east of Scottsdale Road! Just completed full exterior paint;New roof w/transferable warranty; refurbished/painted fencing,lighting,security doors; address signage!Each unit has ceramic tile T/O;ceiling fans, its own private fenced yard! Fully rented and tenants would like to stay!! Currently on month to month leases. Do not walk the property! Do not speak to tenants! Drive by only!


  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Closed
  • Listing Price: $275,000
  • County/Area: Maricopa County
  • Zip Code: 85281
  • Year Built: 1962
  • Subdivision/Neighborhood: North Tempe
  • School District: 003 - Tempe School District
  • Elementary School: Laird Elementary School
  • Middle School: McKemy Middle School
  • High School: McClintock High School
  • Units: 2 units
  • # of Parking Spaces: 4
  • Zoning: R-2
  • 2 Bedroom Units: # 2 Bedroom Units: 2
  • 2 Bedroom Units: # Baths: 1
  • 2 Bedroom Units: Avg Rent: 790.00
  • 2 Bedroom Units: Avg SqFt: 792
  • Appliances Included: F/S Oven/Range, Refrigerator, W/D Hookup
  • Complex Features: No Pool
  • Const - Finish: Painted
  • Construction: Block
  • Cooling: Central A/C
  • Electric: APS
  • Exterior Features: Green Landscaping, Fenced, Cable TV Available, Patio/Balcony
  • Floors: Ceramic Tile
  • Gas: SW Gas
  • Heating: Electric, Gas, Heat Pump, Ceiling Fan(s)
  • High School Dist #: 003 - Tempe School District
  • Interior Features: Unfurnished, Fire Sprinklers, Fire/Smoke Alarm(S)
  • Lot Dimensions: 60x127.02
  • Marketing Name: North Tempe!
  • Net Income: 15884.00
  • Owner Pays: Water, Sewer, Trash
  • Parking: Free, Paved Parking, Street Parking, >1 Space Per Unit
  • Property Description: Duplex
  • Roads/Streets: Asphalt/Blacktop
  • Roofing: Foam, Rolled
  • Sale Includes: Land & Building
  • Sewer: Sewer - Public
  • Tenant Pays: Electric, Gas, Cable TV, Landscaping
  • Water: City Franchise
  • Sold Date: 2019-06-06
  • Sold Price: 272000.00
Courtesy of Realty ONE Group

Evolve Realty
14362 N. Frank Lloyd Wright Blvd Suite #1000
Scottsdale, AZ 85260
Phone: 480-451-9667
Email: info@evolverealty.com


I have worked with I Jay on several occasions, with great results. I would call him again with no hesitation. He helped with decorating/staging advice, and did a very thorough market analysis of other similar properties for sale in the area. Mark Miller
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