1301 W 3rd Street, Tempe, AZ 85281
- $800,000
- Sold Price
- $800,000
- List Price
- $825,000
- Closing Date
- Sep 30, 2025
- Days on Market
- 34
- Status
- CLOSED
- MLS#
- 6905604
- City
- Tempe
- Subdivision
- Griffith Estates
- Year Built
- 1979
Property Description
Prime Tempe 4-Plex - Great investment opportunity in a highly sought-after Tempe location! The property features two spacious 2-bedroom/1-bath units and two 1-bedroom/1-bath units, each with its own front patio. The one-bedroom units also enjoy private enclosed yards, perfect for added tenant appeal. Shared amenities include an on-site laundry room and rear parking. Nestled on a quiet, well-kept street with numerous remodeled homes, this property is just minutes from ASU campus, Carvana Headquarters, Phoenix Sky Harbor International Airport, the 202 freeway. With some long-term tenants already in place, there's significant upside potential for upgrades and market rent increases. Exceptional Value-Add Potential. Please do not disturb residents!
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Additional Information
- Elementary School
- Scales Technology Academy
- High School
- Tempe High School
- Middle School
- Geneva Epps Mosley Middle School
- School District
- Tempe Union High School District
- Community Features
- No Pool
- Construction
- Painted, Block
- Cooling
- Central Air, Ceiling Fan(s), Electric
- Electric
- SRP
- Flooring
- Carpet, Ceramic Tile, Vinyl
- Heating
- Electric
- New Financing
- Conventional
- Parking Features
- Paved
- Roofing
- Other
- Sewer
- Public Sewer
- Subdivision
- Griffith Estates
- Taxes
- $2,092
- Tax Year
- 2024
- Units
- 4
- Water
- City Franchise
- Zoning
- R3
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Listing courtesy of Real Broker. Selling Office: Keller Williams Realty Phoenix.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.