Apartment Building

Tempe, AZ Apartment Buildings for Sale

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10-Unit Garden-Style Apartment Building
Updated: Feb 18
10-Unit Garden-Style Apartment Building

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

$1,700,000
4,414 sqft 0.39 AC lot
10‑unit garden‑style apartment property
Unit mix includes 8 studios, 1 one‑bedroom, and 1 two‑bedroom
Approximately 4,414 square feet of property size
Block construction with shingle roofing
Central air with forced‑air and electric heating
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Five-Unit Apartment Building
Updated: Aug 8
Five-Unit Apartment Building

2214 South Granada Drive, Tempe, AZ 85282

$1,500,000
3,250 sqft
Five two‑bedroom apartment units within a 3,250 SF building
Washer and dryer provided in every unit
Private patio included with each residence
Individually metered property
Block construction; built in 1958
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6-Unit Apartment Building
6-Unit Apartment Building

601 S Hardy Dr, Tempe, AZ 85281

$1,116,000
0.38 AC lot

Two single-story triplex buildings create a compact multifamily property near Tempe’s downtown district and ASU.

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10-Unit Garden-Style Apartment Building
10-Unit Garden-Style Apartment Building

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

$1,700,000
4,414 sqft

Tempe multifamily property with a defined studio, one-bedroom, and two-bedroom unit mix near ASU Main Campus.

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Garden-Style 10-Plex Near ASU
Garden-Style 10-Plex Near ASU

427 W 5th St, Tempe, AZ 85281

Contact for pricing
4,414 sqft

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

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 5 Active listings in Tempe, AZ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

20-Unit Apartment Complex
20-Unit Apartment Complex

320 N 52ND Street, Phoenix, AZ 85008

$3,100,000

The five-building property includes a mix of one- and two-bedroom residences, with private yards at several units.

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15-Unit Apartment Building
15-Unit Apartment Building

3220 N 66TH Place, Scottsdale, AZ 85251

$3,105,000

M-H zoning and listed refrigerators, electric ovens, and microwaves add practical detail to the property’s residential configuration.

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55-Unit Townhouse Apartment Community
55-Unit Townhouse Apartment Community

Zen on 50 2015 N 50th St, Phoenix, AZ 85008

Contact for pricing

Gated, multi-level townhouse community with two- and three-bedroom layouts, direct-access garages, and high ceilings.

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Renovated Scottsdale Apartment Community
Renovated Scottsdale Apartment Community

2635 Hayden Rd, Scottsdale, AZ 85257

Contact for pricing

26-unit apartment community in Scottsdale, Arizona, with modern renovations.

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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.

1321 5Th St
Multifamily properties

1321 5Th St, Tempe, AZ 85281

Estimated value: by Request
2,760 sqft
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1986 University Dr
Restaurants

1986 University Dr, Tempe, AZ 85288

Estimated value: by Request
1,278 sqft
View details
1217 Southern Ave
Multifamily properties

1217 Southern Ave, Tempe, AZ 85282

Estimated value: by Request
View details
1106 Weber Dr
Multifamily properties

1106 Weber Dr, Tempe, AZ 85288

Estimated value: by Request
View details
914 Kenwood Cir
Multifamily properties

914 Kenwood Cir, Tempe, AZ 85281

Estimated value: by Request
View details
1827 Lemon St
Multifamily properties

1827 Lemon St, Tempe, AZ 85281

Estimated value: by Request
View details
1610 College Ave
Multifamily properties

1610 College Ave, Tempe, AZ 85281

Estimated value: by Request
2,362 sqft
View details

Tempe, AZ Apartment Buildings Market Trends and Statistics

Explore 12 apartment buildings for sale in Tempe, AZ, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 16,492 square feet of properties for sale, with an estimated market value of $6,016,000.

Sale prices for apartment complexes in Tempe, AZ start at $1,116,000, averaging $1,504,000, and reaching up to $1,700,000 — 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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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 average listing prices of real estate assets

Neighborhood Average Price
85282 $1.5M
85281 $1.6M

Taxes & Financing

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

Listings Trend

New vs delisted commercial listings in Maricopa County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

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

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