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    Tempe, AZ Apartment Buildings for Sale

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    Scottsdale, AZ Phoenix, AZ Mesa, AZ
    8 results
    Tempe Garden-Style Apartment Complex
    $1,700,000
    4,414 SF

    Tempe Garden-Style Apartment Complex

    425,427 W 5th Street, Tempe, AZ 85281

    Garden-style 10-plex near ASU Main Campus in Tempe.

    • Prime Location: Short walk to ASU Main Campus.
    • Investment Opportunity: Garden‑style 10‑plex with reposition potential.
    • Established Ownership: Current ownership for approximately 40 years.
    • Convenient Transportation: Near the 202 Freeway and Sky Harbor Airport.
    • Diverse Unit Mix: Includes studios, 1‑bedroom, and 2‑bedroom units.
    Updated: Feb 18
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    Tempe Multifamily Near ASU Campus
    $1,420,000

    Tempe Multifamily Near ASU Campus

    1219 S Farmer Avenue, Tempe, AZ 85281

    Seven-unit apartment property near ASU with remodeled units.

    • Prime location: Approximately half a mile from ASU's main campus, close to Tempe Town Lake offices, Mill Avenue, the 202 freeway, and Sky Harbor Airport.
    • 5 of 7 units have been thoroughly remodeled in the past 5 years.
    • Comprehensive renovation included significant roofing, plumbing, and electrical work.
    • 7‑unit, garden‑style apartment property.
    • 4 of 7 units boast their own laundry facilities.
    Updated: Apr 10
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    Well-Maintained 9-Unit Investment Opportunity
    $1,675,000

    Well-Maintained 9-Unit Investment Opportunity

    Well-maintained 9-unit apartment building for sale in Tempe.

    1218 S Farmer Ave, Tempe, AZ 85284
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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
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    Tempe Multifamily Investment Opportunity
    $2,300,000
    7,294 SF

    Tempe Multifamily Investment Opportunity

    10-unit multifamily property near Arizona State University.

    1209, 1015, 1225 S. Ash Ave., Tempe, AZ 85281
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    Garden-Style 10-Plex Near ASU
    $2,300,000
    4,414 SF

    Garden-Style 10-Plex Near ASU

    Tempe 10-unit multifamily property, reposition opportunity, near ASU campus.

    427 W 5th St, Tempe, AZ 85281
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    Renovated Tempe Multifamily Investment Opportunity
    $1,420,000
    3,500 SF

    Renovated Tempe Multifamily Investment Opportunity

    Multifamily property with recent renovations in Tempe, Arizona.

    1219 S FARMER AVE, Tempe, AZ 85281
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    Tempe Multifamily Investment Opportunity
    $11,250,000

    Tempe Multifamily Investment Opportunity

    56-unit apartment community in Tempe, Arizona. Value-add potential.

    1855 E Don Carlos, Tempe, AZ 85281
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    Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 8 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 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Scottsdale Multifamily Property with Renovations
    Contact for pricing

    Scottsdale Multifamily Property with Renovations

    Renovated 21-unit multifamily property in South Scottsdale, near Old Town.

    7320 East Belleview Street, Scottsdale, AZ 85257
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    Modern Scottsdale Apartments Near Old Town
    Contact for pricing

    Modern Scottsdale Apartments Near Old Town

    Renovated 20-unit community near Old Town Scottsdale and ASU SkySong.

    7325 E Belleview St, Scottsdale, AZ 85257
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    Multifamily Community Near Employment Hubs
    $8,000,000
    28,700 SF

    Multifamily Community Near Employment Hubs

    41-unit multifamily property near major Phoenix employment and retail corridors.

    3044 E Fillmore St, Phoenix, AZ 85008
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    Phoenix Multifamily Investment Opportunity
    $1,040,000
    4,309 SF

    Phoenix Multifamily Investment Opportunity

    Nine-unit multifamily property near Downtown and Sky Harbor Airport.

    2916 E Monroe St, Phoenix, AZ 85008
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    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.

    San Jacinto Land with Utilities
    $155,000
    14,375.00 Acres

    San Jacinto Land with Utilities

    Unique lot with utilities available for multiple residential uses.

    0 Rosario, San Jacinto, CA 92583
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    Pahrump Land Investment Opportunity
    Contact for pricing
    0.31 Acres

    Pahrump Land Investment Opportunity

    0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

    2001 Casino Street, Pahrump, NV 89048
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    El Paso Vacant Residential Land
    $95,172
    0.21 Acres

    El Paso Vacant Residential Land

    9,270 sq ft vacant lot in established El Paso neighborhood.

    4936 Titanic Avenue, El Paso, TX 79904
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    El Monte Development Opportunity
    $515,000
    7,422.00 Acres

    El Monte Development Opportunity

    R3-zoned lot ideal for multi-family residential development.

    2509 Floradale Avenue, El Monte, CA 91732
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    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.

    1126 Scottsdale Rd
    APARTMENT HOUSE (100+ UNITS)
    Value Estimation by Request

    1126 Scottsdale Rd, Tempe, AZ 85288

    View details
    1321 5Th St
    Multifamily properties
    2,760 SF
    Value Estimation by Request

    1321 5Th St, Tempe, AZ 85281

    View details
    1986 University Dr
    Restaurants
    1,278 SF
    Value Estimation by Request

    1986 University Dr, Tempe, AZ 85288

    View details
    1217 Southern Ave
    Multifamily properties
    Value Estimation by Request

    1217 Southern Ave, Tempe, AZ 85282

    View details
    1106 Weber Dr
    Multifamily properties
    Value Estimation by Request

    1106 Weber Dr, Tempe, AZ 85288

    View details
    914 Kenwood Cir
    Multifamily properties
    Value Estimation by Request

    914 Kenwood Cir, Tempe, AZ 85281

    View details
    1827 Lemon St
    Multifamily properties
    Value Estimation by Request

    1827 Lemon St, Tempe, AZ 85281

    View details
    1610 College Ave
    Multifamily properties
    2,362 SF

    1610 College Ave, Tempe, AZ 85281

    View details

    Tempe, AZ Apartment Buildings Investment Opportunities Market Analysis

    Explore 16 apartment buildings for sale in Tempe, AZ, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 21,825 square feet of properties for sale, with an estimated market value of $9,020,000.

    Sale prices for two-family homes in Tempe, AZ start at $700,000, averaging $1,804,000, and reaching up to $2,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Property Size Breakdown

    The majority of commercial real estate listings in Tempe fall within the 100,000+ square foot range.

    Demographics Overview

    Population 192K
    Population Growth (5Y) +0.9%
    Median Household Income $79,956
    College Educated 32.7%

    High-Yield Neighborhoods for Investment

    Identify Tempe submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    85284 $1.7M
    85281 $3.4M

    Taxes & Financing

    Tax Rate (average for all types) 5.89%
    Property Tax per SF $77.06 per sq ft
    Average Loan-to-Value 65.0%

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