1313 W 3RD Street, Tempe, AZ 85281

$750,000
Property Type: Multiple Dwellings Bedrooms: 6 Baths: 4 Status: Active
Current Price: $750,000 Last Modified: 11/11/2026

Overview

Description

Turnkey Apartment in one of Tempe's most Desirable multifamily zones, this 4-plex sits within a high-demand rental corridor just minutes from ASU, downtown Tempe, major employment hubs, and Valley Metro transit options. West Tempe Corridor, Balanced Unit Mix of 2- 1 Bedrooms and 2- 2 Bedrooms Updated Kitchen and Bathrooms, All Tile, Private Patios, Tenant Storage, Laundry, Room on Rents, All AC Units 2- 5 Years Old, Roof Recoated every 4-5 Years. Facts and Figures are believed to be accurate Buyer to verify their own satisfaction.

Listing Details MLS# 7105083

Location, Tax & Legal

House Number
1313
Compass
W
Street Name
3RD
St Suffix
Street
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Zip4
2468
Country
US
County Code
Maricopa
Subdivision
GRIFFITH ESTATES
Assessor Number
124-28-040
Tax Year
2025

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
120 X 69
Year Built
1981
Uncvrd Parking Spcs
6
Total # of Units
4
# of Buildings
Yes
Zoning
R-3
High School District
Tempe Union High School District

Remarks Misc

Cross Street
Priest & University
Directions
North on University, East on 3rd Street, Property is on the South side of the street

Legal Info

Township
1N
Range
4E
Section
16
Lot Number
3

1 Bedroom Units

# 1 Bedroom Units
2
Avg Rent
1025
Avg SqFt
650
# Baths
Yes

More Information

2 Bedroom Units

# 2 Bedroom Units
2
Avg Rent
1338
Avg SqFt
650
# Baths
Yes

Structure

Bedrooms Total
6
Bathrooms Total
4

Income Expenses

Gross Annual Sch Inc
57780
Net Operating Income
47084

Showing Notification Methods

Showing Service
Aligned Showings

Property Features

Project Type: Four Plex Construction: Block Const - Finish: Stucco Roofing: Foam Floors: Tile Sale Includes: Land & Building Community Features: See Remarks Exterior Amenities: Patio/Balcony Appliances Included: Free-Standing Electric Oven; Refrigerator; Washer/Dryer Heating: Individual; Heat Pump Cooling: Heat Pump; Individual Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: SW Gas Parking Features: >1 Space Per Unit Road Access Type: Alley; City Street Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Gas Source of Fincl Data: Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: See Private Remarks; None New Financing: Cash; Conventional; 1031 Exchange Environmental: None
IDX
Listing Office: Better Homes & Gardens Real Estate SJ Fowler
Office Phone: 480-649-3536
Last Updated: November - 11 - 2026
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