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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

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Listing Contact
Brian Tranetzki
Brian Tranetzki

Listing agent Brian Tranetzki License #BR581404000

Listing office CBRE - Phoenix

Listing date Jul 22, 2025

Source Crexi

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 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

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Dental Office Restaurant Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

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  • Local Demand
City
Tempe
County
Maricopa
State
Arizona
Longitude
-111.9420927
Latitude
33.4156425

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.
(602) 435-3636 Call to check price and availability
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