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Four-Unit Multifamily Property
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123 W 10th St, Tempe, AZ 85281

Condominium-structured quadplex with four individually metered units, private outdoor space, and covered patios.

Property Size3,760 SF
Lot Size0.35 Acres
Days on Market113

Property Features for 123 W 10th St

General Information

Standard status Active
Size 3,760 SF
Total Parking Spaces 16
Lot size 0.35 Acres
Property subtype Multifamily
Zoning R-2

Additional Details

Utilities to Site Yes
Multifamily Units 4

Amenities

private yard areas
covered patios
individually metered utilities

Building Details

Year Built 1977
Tenancy Multi
Listing Agency: EXP Commercial
Listed By: Brett Skotnick · License #AZ #SA695220000
Source: Crexi
Added: Apr 10 Changed: Jul 22 Last Checked: Jul 30 at 6:49AM

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 EXP Commercial

Investment Insights

Based on property information with market context.

Tenth and Ash Place is a condominium-structured four-unit multifamily property comprising addresses 115, 117, 121, and 123 W 10th Street. The asset includes four approximately 940-square-foot units totaling about 3,760 square feet, with updated interiors and private yard areas alongside covered patios. Each unit has individually metered utilities.

The property is set on a 15,182-square-foot lot and includes 16 parking spaces. It is identified as R-2 zoned in the provided materials. Offering options include a purchase of all four units, or select unit combinations as described in the listing remarks.

This configuration supports either full-building ownership or unit-by-unit acquisition, with the condominium structure and individually metered utilities designed to help manage the units independently.

Key Highlights

  • Four‑unit multifamily property (condominium‑structured) at 115, 117, 121, and 123 W 10th St in Tempe’s ASU corridor
  • Total of four ~940 SF units (3,760 SF total) with updated interiors and private yard areas
  • Covered patios and individually metered utilities for each unit

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Acupuncture Electrical Service Pet Grooming Service Pet Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,087
Businesses Nearby

Demographics for 85281, AZ

69,218
Population
32,475
Households
2.1
Avg Household Size
26
Median Age
49%
College-Educated
91%
High-School Grad
13.3 sq mi
ZIP Area
5,204
Density / Sq Mi
$59,084
Median Household Income
$32,805
Median Earnings
$1,531
Median Rent
$364,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Condominium-structured quadplex with four individually metered units, private outdoor space, and covered patios.
Where is this quadplex located?
The property is located at 123 W 10th St Tempe, AZ.
What are key features of this property?
This property features: Four‑unit multifamily property (condominium‑structured) at 115, 117, 121, and 123 W 10th St in Tempe’s ASU corridor; Total of four ~940 SF units (3,760 SF total) with updated interiors and private yard areas; Covered patios and individually metered utilities for each unit
More about this property
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