- $950k Price
1234 S Farmer Avenue
Incredible triplex in the heart of downtown Tempe—just a stone's throw from ASU! This well-maintained 1950 build sits on the corner of 13th & Farmer and includes two 2BR/1BA units (~900 sq ft each) and one ~600 sq ft studio. All three units are leased through July 2026, offering strong in-place cash flow. Updates include newer A/C units, a roof under 10 years old, and long-term ownership since 1996. Each unit has private access, with 410 W 13th featuring its own separate entrance. Prime walkable location near campus, Mill Ave, and Tempe Town Lake!
Essential Information
- MLS® #6887472
- Price$949,995
- Bathrooms0.00
- Acres0.00
- Year Built1950
- TypeMultiple Dwellings
- StatusActive
Community Information
- Address1234 S Farmer Avenue
- SubdivisionSTATE COLLEGE HOMES LOTS 41-48
- CityTempe
- CountyMaricopa
- StateAZ
- Zip Code85281
Amenities
- AmenitiesNo Pool
- Parking Spaces6
- Parking1 Space/Unit
Interior
- HeatingElectric
Appliances
Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer, W/D Hookup
Cooling
Central Air, Ceiling Fan(s), Window/Wall Unit, Electric
Exterior
- RoofComposition
- ConstructionPainted, Block
School Information
- ElementaryHoldeman Elementary School
- HighTempe High School
District
Tempe Union High School District
Middle
Geneva Epps Mosley Middle School
Additional Information
- ZoningR3
Listing Details
- OfficeVenture REI, LLC
Venture REI, LLC.
Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on July 5th, 2025 at 12:45am MST.