1209 1015 1225 S Ash Ave. Tempe, AZ 85281
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10-unit multifamily property near Arizona State University.
Type:Multifamily
Property size:
7,294 SF- Added:
- Jul 22, 2025
- Days on Market:
- 258
- Last Refresh:
- Mar 17 at 1:20 pm
Property Features for 1209 1015 1225 S Ash Ave.
General Information
- Standard status
- Active
- Size
- 7,294 SF
- Property subtype
- Multifamily
Listing agent Brian Tranetzki License #BR581404000
Listing office CBRE - Phoenix (602) 435-3636
Listing date Jul 22, 2025
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Phoenix
Overview
Tempe Multifamily Investment Opportunity
This 10-unit multifamily property is located in the historic Maple Ash neighborhood of downtown Tempe, Arizona. The property includes one and two-bedroom floorplans and two standalone houses. It is located within walking distance of Arizona State University. The Maple-Ash Historic Neighborhood features tree-lined streets and preserved homes showcasing architectural styles ranging from Craftsman to Mission Revival. The community fosters a warm atmosphere, with neighbors gathering at local parks, farmers' markets, and seasonal events. Downtown Tempe is nearby, providing access to shopping, dining, and entertainment. This property represents an opportunity to acquire an unrenovated asset in Tempe’s historic district. There is potential for renovations or redevelopment, allowing the owner to maximize rental income through student or market-rate housing.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Tempe
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.9420927
- Latitude
- 33.4156425
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 10-unit multifamily property near Arizona State University.
Where is this apartment building located?
The property is located at 1209 1015 1225 S Ash Ave. Tempe, AZ.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Prime location in the desirable, historic Maple‑Ash neighborhood of downtown Tempe.; Walking distance to Arizona State University (ASU).; Significant upside potential through renovations or redevelopment.
