Active
908 S MARIANA Street
Tempe AZ, 85281
$950,000
Active
Other
Built in 1959
Capitalize on a rare investment opportunity with this well-maintained four-plex, ideally situated in the heart of Tempe. This property boasts an unbeatable location, placing you within walking distance to the vibrant Arizona State University Tempe campus, ensuring consistent tenant demand. Additionally, you're just minutes away from the cutting-edge Novus Innovation Corridor, a hub of technology and development, further enhancing the property's appeal.
Enjoy exceptional connectivity with minutes-away access to major highways, facilitating effortless commutes throughout the Phoenix metropolitan area. This strategic location contributes to the property's history of rarely experiencing vacancies, providing a reliable and steady income stream. The property is the end lot of a culdesac with four covered parking spaces. Units feature 1bedroom 1 bathroom units with a seller-owned onsite coin laundry.
This is not just a stable investment; it's an opportunity for growth. Current market analysis indicates significant room to increase rents, allowing you to maximize your return.
For qualified buyers, the seller is offering seller financing, making this an even more accessible and attractive investment prospect. Don't miss out on this chance to acquire a prime Tempe property with exceptional potential.
Drive by only, tenants are unaware of the sale. Do Not Disturb.
All facts and figures are approximate, buyer verify MLS information.
Seller is related to listing agent.
6829903
MLSⓇ ID
March 4, 2025
Listed
March 5, 2025
Updated
Interior Features
Floor Description
Other, Ceramic Tile, Vinyl, Concrete
Fireplace
No
Cooling
Yes
Cooling Description
Central A/C
Heating
Yes
Heating Description
Individual, Electric
Exterior/Building Features
Roof
Rolled/Hot Mop
Sewer
Public Sewer
School Information
School District
Tempe School District
High School
McClintock High School
Elementary School
Cecil Shamley School
Other Property Details
Taxes
$1,320
Tax Frequency
Annually
Garage
No
Parking
Other (See Remarks), 1 Space/Unit, Street Parking, Common
Parking Total
8
View
No
County
Maricopa
Water Source
City Franchise, Master Meter
Zoning
M-H
Courtesy of Grace CRE, Garrett Pedicini
Listing Contact: 602-791-9497
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Valley Boys Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data Last Updated: 2:46 AM UTC, 3/5/2025.