$949,995

1234 S FARMER Avenue, Tempe, AZ 85281

Multi-Family Home
Built in 1950
—— sqft lot
—— car garage
$——/sqft
Listed 4 months ago

Property Description

Incredible triplex in the heart of downtown Tempe—just a stone's throw from ASU! This well-maintained 1950 build sits on the corner of 13th & Farmer and includes two 2BR/1BA units (~900 sq ft each) and one ~600 sq ft studio. All three units are leased through July 2026, offering strong in-place cash flow. Updates include newer A/C units, a roof under 10 years old, and long-term ownership since 1996. Each unit has private access, with 410 W 13th featuring its own separate entrance. Prime walkable location near campus, Mill Ave, and Tempe Town Lake!

Listing Status:: Active
Date Added:: June 30, 2025 at 05:00AM
Listing Office:: Venture REI, LLC : 480-409-9000
Listing Agent:: Alan Kittelman : 602-820-8164
MLS ID:: 6887472

Flooring: Ceramic TileConcrete
A/C: Central AirCeiling Fan(s)Window/Wall UnitElectric
Heating: Electric

Parking: 1 Space/UnitParking spaces: 6

Roofing: Composition
General: PaintedBlock

Road/Access: AsphaltSidewalk(s)
Originating MLS: Arizona Regional Multiple Listing Service 2
School District: Tempe School District
County: Maricopa

Zoning: R312470031B

Water: City Franchise
Sewer: Public Sewer

Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Alan Kittelman, Venture REI, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Holdeman Elementary School

1326 W 18th St, Tempe, AZ, 85281

Grades KG-5

0.95 miles away

Gililland Middle School

1025 S Beck Ave, Tempe, AZ, 85281

Grades 6-8

0.67 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.