1218 South Farmer Avenue Tempe, AZ 85281

Building Details

Year Built

1960

Listing agency Civic Center Real Estate c***@gmail.com Show Phone

Listed by Chris Bianco · License #BR641764000 Show Phone

Source Compass

Added: Sep 15, 2025 Updated: Jul 22 at 5:18AM Checked: Jul 22 at 5:18AM

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Investment Insights

Based on property information with market context.

This well-maintained 9-unit multifamily property offers a total of 8 one-bedroom units and 1 studio unit. The units feature functional layouts, and the property includes on-site laundry along with separate utility meters. The building provides 15 dedicated parking spaces for residents.

The property is located in Tempe and is described as being convenient to ASU, transit, shopping, and major employment centers, with easy access to surrounding amenities.

Set on a generous lot, the property is presented as a turnkey addition to an investor’s portfolio. The listing also notes potential for future development, which the buyer is advised to verify.

Key Highlights

• 9‑unit multifamily property built in 1960 with 8 one‑bedroom units and 1 studio
• On‑site laundry and separate utility meters for the units
• 15 dedicated parking spaces for residents

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FAQs

What type of property is this?

Apartment building - Well-maintained 9-plex with on-site laundry, separate utility meters, and 15 dedicated parking spaces.

Where is this apartment building located?

The property is located at 1218 South Farmer Avenue Tempe, AZ.

What is the asking price?

The asking price for this property is $1,675,000.

What are key features of this property?

This property features: 9‑unit multifamily property built in 1960 with 8 one‑bedroom units and 1 studio; On‑site laundry and separate utility meters for the units; 15 dedicated parking spaces for residents