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1855 E Don Carlos Tempe, AZ 85281

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For Sale
$11,250,000

56-unit apartment community in Tempe, Arizona. Value-add potential.

Type:Multifamily
Added:
Feb 13, 2026
Days on Market:
47
Last Refresh:
Mar 17 at 1:15 pm

Property Features for 1855 E Don Carlos

General Information

Standard status
Active
Property subtype
Multifamily

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Listing Contact
Brian Smuckler
Brian Smuckler

Listing agent Brian Smuckler License #AZ SA101740000

Listing office JLL - Phoenix, Arizona

Listing date Feb 13, 2026

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 JLL - Phoenix, Arizona


Overview

Tempe Multifamily Investment Opportunity

Located in Tempe, Arizona, Element at Tempe North presents an investment opportunity. Constructed in 1985, this garden-style community features wood frame and stucco construction. The property comprises 56 units, with a mix of two- and three-bedroom floor plans. Each unit is individually metered for electricity. The property has undergone partial renovations by the current ownership, showcasing premium interior finishes. This community offers investors the chance to invest in a stable apartment community with the potential for value enhancement through ongoing interior renovations.
Location Intelligence

Current Use by Public Records

Arizona mixers llc Take-out & Catering Element at Tempe North ... Apartment Complex Pink Cleaning Company Hardware & Home Improvement

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Tempe
County
Maricopa
State
Arizona
Longitude
-111.9062021
Latitude
33.4167529

FAQs

What type of property is this?
Apartment building - 56-unit apartment community in Tempe, Arizona. Value-add potential.
Where is this apartment building located?
The property is located at 1855 E Don Carlos Tempe, AZ.
What is the asking price?
The asking price for this property is $11,250,000.
What are key features of this property?
This property features: Value‑add opportunity through continued interior renovations.; Premium interior finish levels due to partial renovation by current ownership.; Highly stable and exceptionally located apartment community in Tempe, Arizona.
More about this property
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