1253 W Southern Ave | Image 1
1253 W Southern Ave | Image 2
1253 W Southern Ave | Image 3
1253 W Southern Ave | Image 4
1253 W Southern Ave | Image 5
1253 W Southern Ave | Image 6
1253 W Southern Ave | Image 7

$975,000

A month ago

0 Bed

0 Bath

--

4 Parking

MLS® 6973787

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes $2,670
Days Active 32
Approx. Age 1970
MLS® Number 6973787

Property Address: 1253 W Southern Ave, Tempe, AZ, 85282-4521

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

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!
MLS® Number6973787
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1970
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 23, 2026List Date
$975,000List Price
  • Commute

Commute

Starting Address
Destination Address
1253 W Southern Ave, Tempe, AZ

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