Listed price in listed location currency (USD).
$769,999

008

MLS® 7057410

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage 
Taxes $1,729
Days Active 0
Lot Size 
Approx. Age 1985
MLS® Number 7057410

Property Address: 421 S Terry Ln, Tempe, AZ, 85281-8008

Average square foot calculated using Size range provided by listing agent.

Description

Attention aspiring SHORT TERM RENTAL owners!! This is an amazing opportunity to turn a profit and own an investment property. Numbers for only ONE side of the duplex provide a $39K revenue. To help ease the new owners worries there are new roofs on both sides, new AC unit on one side, new water heater on one side, both units come with W/D, refrigerators and blinds. This Is a prime Tempe investment opportunity! This beautifully updated duplex is located in one of the Valley's strongest rental markets, just minutes from Arizona State University, Sky Harbor International Airport, Downtown Tempe, Tempe Town Lake, and major employment hubs. With easy access to Loop 202, SR-143, and I-10, this is an ideal location for attracting long and short-term tenants. Each unit offers a modern, open-concept layout with designer finishes, granite countertops, stainless steel appliances, wood-look tile flooring, spacious bedrooms, private patios, and low-maintenance outdoor space. All features that help attract and retain quality tenants. The property has demonstrated strong rental demand and offers an excellent opportunity for investors seeking immediate income with long-term appreciation potential. Whether you're looking to expand your portfolio, complete a 1031 exchange, or live in one unit while generating rental income from the other, this property checks all the boxes. Opportunities to own a well-maintained duplex in this highly sought-after Tempe location are few and far between. Don't miss your chance to own an income-producing asset in one of Arizona's most consistently desirable rental markets.
MLS® Number7057410
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1985
Basement
DrivewayPaved, >1 Space Per Unit, Assigned
Garage Spaces
HeatElectric
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 23, 2026List Date
$769,999List Price
  • Commute

Commute

Starting Address
Destination Address
421 S Terry Ln, Tempe, AZ

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties