Search
Six-Unit Apartment Building
For Sale
Contact for pricing
Pending

1019 E Tempe Dr, Tempe, AZ 85281

Established multifamily property with one-bedroom layouts and access to Tempe’s employment and academic corridor.

Property SizeContact for details
Days on Market142

Property Features for 1019 E Tempe Dr

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 6 x 1BR/1BA
Multifamily Units 6

Building Details

Year Built 1955
Listing Agency: Marcus & Millichap - Phoenix
Listed By: Paul Bay · License #AZ SA671037000
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 30 at 8:41PM

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 Marcus & Millichap - Phoenix

Investment Insights

Based on property information with market context.

This six-unit apartment property was developed in 1955 and consists of one-bedroom, one-bath residences averaging 448 square feet. The existing configuration provides a consistent unit mix, while the interiors offer a defined renovation opportunity that includes adding in-suite laundry.

The property sits northeast of the Scottsdale Road and Curry Road intersection, north of Tempe Town Lake. Its setting connects with Tempe, South Scottsdale, and Mesa, and is near major employers including State Farm, Freedom Financial Network, JPMorgan Chase, Northern Trust, and ADP.

Key Highlights

  • Six‑unit apartment property developed in 1955
  • One‑bedroom, one‑bath units averaging 448 square feet
  • Renovation opportunity across all six unit interiors

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Daycare Center Locksmith (Bike/Boat/Book/etc) Store Carpet & Flooring Store Dental Office Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

801
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Established multifamily property with one-bedroom layouts and access to Tempe’s employment and academic corridor.
Where is this apartment building located?
The property is located at 1019 E Tempe Dr Tempe, AZ.
What are key features of this property?
This property features: Six‑unit apartment property developed in 1955; One‑bedroom, one‑bath units averaging 448 square feet; Renovation opportunity across all six unit interiors
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message