Updated Duplex with Private
For Sale
$749,999
421 S TERRY Lane, Tempe, AZ 85281
Multiple Dwellings, Tempe, AZ
Property SizeContact for details
Days on Market49
Property Features for 421 S TERRY Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-3
Bedrooms
6
Bathrooms
8
Full bathrooms
4
Rooms
Bedroom 6, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 7, Bathroom 1, Bathroom 4, Bathroom 6, Bathroom 5, Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 8, Bedroom 5
Parking features
Assigned
Appliances
Disposal, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer
Subdivision
MERCADO HOMES
Elementary school
Scales Technology Academy
Middle school
Geneva Epps Mosley Middle School
High school
Tempe High School
Elementary school district
Tempe School District
Middle school district
Tempe Union High School District
High school district
Tempe Union High School District
Directions
From Loop 202, exit south on Priest Dr. Turn right (west) on 5th St., then left on Terry Ln. Property is located on the right-hand side.
Standard status
Active
APN
124-29-001-K
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1729
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Amenities
private patios
in-unit washer/dryer
Building Details
Year built
1985
Number of units
2
Flooring type
Tile - Ceramic, Carpet
Building materials
Wood Frame, Painted, Stucco
Roof type
Built-Up, Tile
Listing Agency:
Realty ONE Group
(480) 321-8100
Listed By:
Nicole John
(928) 322-1997
Added: Jul 22
Changed: Sep 2
Last Checked: Sep 8 at 6:06AM
MLS# 7057410
Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 421 S Terry Lane in Tempe, this R-3-zoned duplex was built in 1985 and includes two residential units with open-concept interiors. Each side features granite countertops, stainless steel appliances, wood-look tile flooring, spacious bedrooms, a private patio, and low-maintenance outdoor space. Washers and dryers, refrigerators, blinds, and additional kitchen appliances are included. Both units have new roofs, while one side has a new central AC unit and water heater.
The property is positioned near Arizona State University, Sky Harbor International Airport, Downtown Tempe, Tempe Town Lake, and major employment centers. Access to Loop 202, SR-143, and I-10 supports connectivity throughout the surrounding area. Assigned parking and public sewer service are also provided.
The property is positioned near Arizona State University, Sky Harbor International Airport, Downtown Tempe, Tempe Town Lake, and major employment centers. Access to Loop 202, SR-143, and I-10 supports connectivity throughout the surrounding area. Assigned parking and public sewer service are also provided.
Key Highlights
- Duplex at 421 S Terry Lane, Tempe, AZ 85281
- R‑3 zoning and 1985 construction
- New roofs installed on both units
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
962
Businesses Nearby
Explore this area
Business Placement
Demographics for 85281, AZ
69,218
Population
32,475
Households
2.1
Avg Household Size
26
Median Age
49%
College-Educated
91%
High-School Grad
13.3 sq mi
ZIP Area
5,204
Density / Sq Mi
$59,084
Median Household Income
$32,805
Median Earnings
$1,531
Median Rent
$364,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with refreshed interiors, separate outdoor areas, and furnished kitchen and laundry appliances.
Where is this duplex located?
The property is located at 421 S TERRY Lane Tempe, AZ.
What is the asking price?
The asking price for this property is $749,999.
What are key features of this property?
This property features: Duplex at 421 S Terry Lane, Tempe, AZ 85281; R‑3 zoning and 1985 construction; New roofs installed on both units
