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    948 S Ash Ave Tempe, AZ 85281

    Sponsored
    For Sale
    $1,450,000

    MULTI_FAMILY - Tempe, AZ

    Days on Market:
    11
    Last Refresh:
    Jan 6 at 4:06 pm

    Property Features for 948 S Ash Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    [R-3] Multi-Fam
    APN
    132-42-081-A
    Appliances
    Free-Standing Range, Disposal, Dishwasher, Refrigerator, Free-Standing Gas Oven, Free-Standing Electric Oven, Washer/Dryer

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Heat Pump (Heating)
    Cooling system
    Central Air, Ceiling Fan(s)

    Building Details

    Year built
    1912
    Number of units
    3
    Flooring type
    Carpet, Wood
    Building materials
    Wood Frame, Painted, Stucco, Stone
    Roof type
    Metal, Composition

    My Home Group (480) 685-2760 [email protected]

    Listing agent Hilary C Sutter (480) 201-2963

    Listing date Dec 27, 2025

    MLS# 6961167 Listing URL

    Copyright © 2025 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.

    Overview

    Historic Craftsman Bungalow with Apartments

    Available for the first time in 27 years, this iconic 1918 Craftsman Bungalow, known as the Byron Redden House, is located in the heart of Maple Ash. This nationally registered historic home is set on a spacious, flood-irrigated corner lot. The main home features 3 bedrooms, 2.5 bathrooms, and an office with etched glass doors, offering 3,003 square feet of space. It is characterized by timeless charm with oak floors, Pella windows, stained glass, and rich architectural details. The updated kitchen includes a Heartland gas stove and Restoration Hardware lighting. The remodeled primary bath features a clawfoot tub. Original built-ins are present in the formal dining room. Additionally, there are two separate guest apartments, one with 2 bedrooms and 1 bathroom, and the other with 1 bedroom and 1 bathroom, totaling 1,400 square feet. A 4-car tandem garage is also included. The property is zoned R-3 Multi-Fam.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Roberts Storage Facility Storage Facility

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Restaurant Hair Salon Nail Salon Building Supply Clothing Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.942665
    Latitude
    33.419269

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    FAQs

    What type of property is this?
    Apartment building - Iconic 1918 Craftsman with main house and guest apartments.
    Where is this apartment building located?
    The property is located at 948 S Ash Ave Tempe, AZ.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: - 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).
    (480) 201-2963
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    Tempe, AZ 85281
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    948 S Ash Ave Tempe, AZ 85281
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