Four-Unit Apartment Property with New
For Sale
$930,000
1145 W SOUTHERN Avenue, Tempe, AZ 85282
Four month-to-month residential leases offer flexible management within an extensively updated apartment property.
Property SizeContact for details
Days on Market417
Property Features for 1145 W SOUTHERN Avenue
General Information
Standard status
Active
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$2,779
Building Details
Year Built
1970
Listing Agency:
Realty ONE Group
(626) 437-5604
Listed By:
Bejan Parivar · License #SA707103000
(626) 437-5604
Source:
Exitrealty
Added: Jul 11, 2025
Changed: Aug 29
Last Checked: Aug 30 at 3:41PM
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 Realty ONE Group
Investment Insights
Based on property information with market context.
This fourplex contains four two-bedroom, one-bath apartments and was built in 1970. The property has undergone a range of documented improvements, including a new roof in February 2026, ABS plumbing, updated air-conditioning units, refreshed interior and exterior paint, modern appliances, and updated finishes. Each unit is leased on a month-to-month basis.
The building occupies a nearly 11,000-square-foot lot at 1145 W Southern Avenue in Tempe, Arizona. Its position on Southern Avenue provides direct street exposure, while the oversized parcel adds meaningful land area for a four-unit residential property. The existing configuration combines four similarly sized apartments with recent capital improvements and flexible lease terms.
The building occupies a nearly 11,000-square-foot lot at 1145 W Southern Avenue in Tempe, Arizona. Its position on Southern Avenue provides direct street exposure, while the oversized parcel adds meaningful land area for a four-unit residential property. The existing configuration combines four similarly sized apartments with recent capital improvements and flexible lease terms.
Key Highlights
- Four‑unit property with four 2‑bed, 1‑bath apartments
- New roof completed February 2026
- Nearly 11,000 sq ft lot
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
747
Businesses Nearby
Explore this area
Business Placement
Demographics for 85282, AZ
52,351
Population
25,667
Households
2
Avg Household Size
33
Median Age
44%
College-Educated
94%
High-School Grad
11.1 sq mi
ZIP Area
4,716
Density / Sq Mi
$79,084
Median Household Income
$43,863
Median Earnings
$1,627
Median Rent
$370,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four month-to-month residential leases offer flexible management within an extensively updated apartment property.
Where is this quadplex located?
The property is located at 1145 W SOUTHERN Avenue Tempe, AZ.
What is the asking price?
The asking price for this property is $930,000.
What are key features of this property?
This property features: Four‑unit property with four 2‑bed, 1‑bath apartments; New roof completed February 2026; Nearly 11,000 sq ft lot
