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Quadplex with Private Patios

1313 W 3RD Street, Tempe, AZ 85281

For Sale
New
$750,000

Multiple Dwellings, Tempe, AZ

Property SizeContact for details
Days on Market3

Property Features for 1313 W 3RD Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-3
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bedroom 1, Bedroom 6, Bathroom 4, Bathroom 2, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 5, Bedroom 3
Appliances Refrigerator, Free-Standing Electric Oven, Washer/Dryer
Subdivision GRIFFITH ESTATES
Elementary school district Tempe Union High School District
Middle school district Tempe Union High School District
High school district Tempe Union High School District
Directions North on University, East on 3rd Street, Property is on the South side of the street
Standard status Active
APN 124-28-040

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 3 GRIFFITH ESTATES MCR 009913
Tax Annual Amount 2309
Legal Description LOT 3 GRIFFITH ESTATES MCR 009913

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating), Varies by Unit (Heating)
Cooling system Heat Pump, Varies by Unit

Amenities

Private Patios
Tenant Storage
Laundry

Building Details

Year built 1981
Number of units 4
Flooring type Tile
Building materials Stucco, Block
Roof type Foam
Buildings 1
Listing Agency: Better Homes & Gardens Real Estate SJ Fowler · Real Living
Listed By: Eric P Hegarty · License AZ SA650759000
Added: Nov 11 Changed: Nov 13 Last Checked: Nov 13 at 11:06PM
MLS# 7105083

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Built in 1981, this Tempe quadplex contains four residences: two one-bedroom units and two two-bedroom units. Interior features include tile flooring and updated kitchens and bathrooms, while private patios and tenant storage provide additional space. The property also has laundry facilities. Air-conditioning units range from 2 to 5 years old, and the foam roof is recoated every 4–5 years.

The property is in the West Tempe Corridor, near Arizona State University, downtown Tempe, employment hubs, and Valley Metro transit options. It is zoned R-3.

Key Highlights

  • Four‑unit configuration with two one‑bedroom and two two‑bedroom residences
  • Updated kitchens and bathrooms, with tile flooring throughout
  • Private patios, tenant storage, and on‑site laundry

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,023
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
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Market

Properties on Market for Quadplexes in Maricopa County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - The four-unit property has a mix of one- and two-bedroom residences, with tenant storage and on-site laundry.
Where is this quadplex located?
The property is located at 1313 W 3RD Street Tempe, AZ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Four‑unit configuration with two one‑bedroom and two two‑bedroom residences; Updated kitchens and bathrooms, with tile flooring throughout; Private patios, tenant storage, and on‑site laundry
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