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    Tempe, AZ Apartment Buildings for Sale

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    Historic Craftsman Bungalow with Apartments
    $1,450,000

    Historic Craftsman Bungalow with Apartments

    948 S Ash Ave, Tempe, AZ 85281

    Iconic 1918 Craftsman with main house and guest apartments.

    • Nationally registered historic home (Byron Redden House) in the heart of Maple Ash.
    • Main house boasts 3 beds, 2.5 baths, office, and 3,003 SF of living space featuring oak floors, Pella windows, and stained glass.
    • Two separate guest apartments totaling 1,400 SF (2 bed/1 bath & 1 bed/1 bath).
    • Updated kitchen with Heartland gas stove and Restoration Hardware lighting.
    • Spacious, flood‑irrigated corner lot.
    Updated: Dec 27, 2025
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    Renovated Multifamily Property Near ASU
    $2,500,000

    Renovated Multifamily Property Near ASU

    626 S Wilson St, Tempe, AZ 85281

    Fully renovated 12-unit property near ASU and Mill Avenue.

    • Prime Tempe location: Blocks from Mill Avenue, Tempe Beach Park, and ASU campus.
    • Fully renovated in 2019 with modern upgrades.
    • Enjoy the convenience of in‑unit washers and dryers in all units.
    • Desirable unit mix of one- and two‑bedroom residences.
    • Walkable to Whole Foods, restaurants, nightlife, and light rail.
    Updated: Oct 18, 2025
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    Tempe Multifamily and Office Opportunity
    $700,000
    2,203 SF

    Tempe Multifamily and Office Opportunity

    Multifamily and office property near Arizona State University.

    2211 S Mill Ave, Tempe, AZ 85282
    View details
    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 3 Active listings in Tempe, AZ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Scottsdale Multifamily Value-Add
    $3,575,000
    5,000 SF

    Scottsdale Multifamily Value-Add

    11-unit apartment complex, high ROI potential.

    1232 Hayden Rd, Scottsdale, AZ 85257
    View details
    Phoenix Multifamily Investment
    $10,950,000

    Phoenix Multifamily Investment

    51-Unit Apartment Complex, East Phoenix

    1510 48Th St, Phoenix, AZ 85008
    View details
    Mixed-Use Destination in Old Town
    Contact for pricing
    29,731 SF

    Mixed-Use Destination in Old Town

    Mixed-use property with retail, dining, and luxury residences.

    Nwc Indian School Rd & Goldwater Blvd, Scottsdale, AZ 85251
    View details
    Updated Multifamily Property with Expansion Potential
    $995,000

    Updated Multifamily Property with Expansion Potential

    Five updated units with in-unit laundry and expansion possibilities.

    1714 N 32Nd St, Phoenix, AZ 85008
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Tempe R3 Lot For Sale
    $699,000
    0.36 Acres

    Tempe R3 Lot For Sale

    Ready to build 7 units near freeway and light rail.

    1272 S Price Rd, Tempe, AZ 85281
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    Explore Off-Market Properties in Tempe, AZ

    Consider similar Off-Market properties in Tempe, AZ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1321 5Th St

    1321 5Th St

    Multifamily properties • 2,760 SF
    Value Estimation by Request
    1321 5Th St, Tempe, AZ 85281
    View details
    1986 University Dr

    1986 University Dr

    Restaurants • 1,278 SF
    Value Estimation by Request
    1986 University Dr, Tempe, AZ 85288
    View details
    1217 Southern Ave

    1217 Southern Ave

    Multifamily properties
    Value Estimation by Request
    1217 Southern Ave, Tempe, AZ 85282
    View details
    1106 Weber Dr

    1106 Weber Dr

    Multifamily properties
    Value Estimation by Request
    1106 Weber Dr, Tempe, AZ 85288
    View details
    914 Kenwood Cir

    914 Kenwood Cir

    Multifamily properties
    Value Estimation by Request
    914 Kenwood Cir, Tempe, AZ 85281
    View details
    1827 Lemon St

    1827 Lemon St

    Multifamily properties
    Value Estimation by Request
    1827 Lemon St, Tempe, AZ 85281
    View details
    1610 College Ave

    1610 College Ave

    Multifamily properties • 2,362 SF
    Value Estimation by Request
    1610 College Ave, Tempe, AZ 85281
    View details
    1126 Scottsdale Rd

    1126 Scottsdale Rd

    APARTMENT HOUSE (100+ UNITS)
    Value Estimation by Request
    1126 Scottsdale Rd, Tempe, AZ 85288
    View details

    Tempe, AZ Apartment Buildings Investment Opportunities Market Analysis

    Explore 11 apartment buildings for sale in Tempe, AZ, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 15,682 square feet of properties for sale, with an estimated market value of $699,000.

    Prices for two-family homes in Tempe, AZ start at $699,000, averaging $699,000, and reaching up to $699,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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    Most Searched ZIP Codes in Tempe, AZ

    • 85281
    • 85282
    • 85288

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