Renovated Fourplex Near
For Sale
$730,000
1002 South Mariana Street, Tempe, AZ 85281
Block construction, updated studios, and proximity to campus support a flexible multifamily rental configuration.
Property SizeContact for details
Days on Market318
Property Features for 1002 South Mariana Street
General Information
Standard status
Active
Property subtype
Multiple Dwellings
Zoning
Multi-family
Net Operating Income
$40,361
Units
Unit Mix
4 x studio
Multifamily Units
4
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$1,176
Amenities
Window/Wall Unit
Heat Pump, Window/Wall Unit(s)
Ceramic Tile
Yes
0.0
Other
No Pool
1
4
Brick Veneer, Painted, Block
Building Details
Year Built
1962
Buildings
1
Construction
block
Listing Agency:
Grace CRE
(602) 975-5516
Listed By:
Sophia J Willets · License #BR648866000
(602) 975-5516
Source:
Compass
Added: Oct 18, 2025
Changed: Aug 31
Last Checked: Aug 31 at 3:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Grace CRE
Investment Insights
Based on property information with market context.
This fourplex contains four studio residences in a block-construction building completed in 1962. The units have been renovated with contemporary kitchens, stainless steel appliances, new cabinetry and countertops, refreshed bathrooms, upgraded flooring, and ceramic tile. Window or wall unit climate equipment is present, and the property has no pool.
The property is located at 1002 South Mariana Street in Tempe, near Arizona State University, downtown Tempe, light rail, and Tempe Town Lake. Its multifamily zoning supports the existing residential income-property format. The compact studio layout and updated interiors provide a consistent configuration across all four units.
The property is located at 1002 South Mariana Street in Tempe, near Arizona State University, downtown Tempe, light rail, and Tempe Town Lake. Its multifamily zoning supports the existing residential income-property format. The compact studio layout and updated interiors provide a consistent configuration across all four units.
Key Highlights
- Four renovated studio units
- Block construction with a 1962 year built
- Updated kitchens with cabinetry, countertops, and stainless steel appliances
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,208
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?
Quadplex - Block construction, updated studios, and proximity to campus support a flexible multifamily rental configuration.
Where is this quadplex located?
The property is located at 1002 South Mariana Street Tempe, AZ.
What is the asking price?
The asking price for this property is $730,000.
What are key features of this property?
This property features: Four renovated studio units; Block construction with a 1962 year built; Updated kitchens with cabinetry, countertops, and stainless steel appliances
