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Loft-Style Fourplex and Triplex

1214 South Farmer Avenue Tempe, AZ 85281

1214 South Farmer Avenue, Tempe, AZ, 85281
$1,490,000
For Sale
$1,490,000

Seven-unit multifamily property features a single-story triplex and a two-story loft-style fourplex.

Days on Market49

Property Features for 1214 South Farmer Avenue

General Information

Standard status
Active
Property subtype
Multiple Dwellings

Building Details

Year Built
1947
Listing agency R.O.I. Properties
Listed by Beth Jo Zeitzer · License #BR044331000
Source Compass
Added: Jun 3 Updated: Jul 21 at 1:59AM Checked: Jul 21 at 6:32AM

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 R.O.I. Properties


Investment Insights

Based on property information with market context.

The property consists of seven units across two buildings. The front building is a single-story triplex, and the rear building is a two-story loft-style fourplex. While the unit mix is not specified, the operating history indicates two tenants are long term and five are short term.

The property is positioned just west of ASU’s Tempe Campus, supporting an investor-friendly rental profile with a blend of long-term and short-term occupancy.

As presented, it offers a two-building setup combining a single-story triplex with a two-story fourplex under one ownership, with the majority of units currently operating as short-term rentals.

Key Highlights

  • 7‑unit multifamily property across 2 buildings: a single‑story triplex and a two‑story loft‑style fourplex
  • Rear building is a two‑story loft‑style fourplex, complementing the front single‑story triplex
  • Year built: 1947

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Tanning Salon Pet Store Pet Store & Service Restaurant Pet Grooming Service Mobile Phone Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Triplex - Seven-unit multifamily property features a single-story triplex and a two-story loft-style fourplex.
Where is this triplex located?
The property is located at 1214 South Farmer Avenue Tempe, AZ.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: 7‑unit multifamily property across 2 buildings: a single‑story triplex and a two‑story loft‑style fourplex; Rear building is a two‑story loft‑style fourplex, complementing the front single‑story triplex; Year built: 1947
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