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.

©2025 Arizona Regional Multiple Listing Service. All rights reserved.

Data Last Updated: 2:46 AM UTC, 3/5/2025.

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