AZ > Tempe > Westway Park
Tempe, AZ 85282,1217 W Southern Avenue
Tempe, AZ 85282,1217 W Southern Avenue
Tempe, AZ 85282,1217 W Southern Avenue
11
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$875,000
$895,000 2.2%
Est. payment /mo
Sold on 04/09/2025

1217 W Southern Avenue Tempe, AZ 85282

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Liz Collier
Liz Collier

Broker Associate | License ID: BR556649000

+1(480) 269-2260

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Key Details

Sold Price $875,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Westway Park

MLS Listing ID 6819034

Sold Date 04/09/25

Maintenance Fees $420

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1970

Annual Tax Amount $2,533

Tax Year 2023

Lot Dimensions 9250

Property Description

1217 W Southern Ave is a 4-unit multifamily community located in the West Tempe Submarket of Tempe, AZ. This asset is strategically positioned within close proximity to the ASU Tempe campus, and features 100% two-bedroom, 1 bathroom floorplans averaging approximately 750 sq. ft. The building underwent a significant renovation in 2017 and has a new roof along with on-site laundry and storage. Each unit features fully renovated interiors and a gated patio area, with a current average rent of $1,738/month. This is a unique opportunity to acquire a turn-key asset located in a highly desirable location.

Location

State AZ

County Maricopa

Community Westway Park

Zoning M-M

Interior

Heating Other, See Remarks, None

Cooling Electric

Flooring Ceramic Tile

Appliance Free-Standing Range, Dishwasher, Refrigerator, Microwave

Exterior

Parking Features Carport

Community Features No Pool

Roof Type Composition

Total Parking Spaces 8

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Tempe Union High School District

Others

Senior Community No

Tax ID 123-42-069

Acceptable Financing Conventional

Listing Terms Conventional

Financing FHA

Arizona Regional MLS (ARMLS)

Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Matthews Real Estate Investment Services
Bought with Wise Realty AZ

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agent

Liz Collier

Broker Associate | License ID: BR556649000

+1(480) 269-2260

Name
Phone*
Message
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1217 W Southern Avenue