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11-Unit Apartment Community
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55 W Thomas Ln, Tempe, AZ 85281

All residences offer three bedrooms, private outdoor space, and direct-access garages.

Property SizeContact for details
Days on Market138

Property Features for 55 W Thomas Ln

General Information

Standard status Active
Class Class A
Property subtype Multifamily

Units

Unit Mix 11 x 3BR
Multifamily Units 11
Parking per Unit 2

Building Details

Year Built 2025
Buildings 5
Stories 2
Units 11
Listing Agency: JLL - Phoenix, Arizona
Listed By: Brian Smuckler · License #AZ SA101740000
Source: Crexi
Added: Apr 16 Changed: Aug 30 Last Checked: Aug 30 at 1:46AM

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

Investment Insights

Based on property information with market context.

Completed in 2025, this 11-unit apartment community is composed entirely of two-story, three-bedroom residences averaging 1,900 square feet. Each home includes white shaker cabinets, quartz countertops, contemporary backsplash finishes, stainless steel appliances, wood-style vinyl plank flooring, gooseneck faucets, and an interior laundry room equipped with a full-size washer and dryer.

Private patios and spacious backyards extend the living areas outdoors. Every residence also includes a two-car garage with direct access to the home. The property is located at 55 W Thomas Ln in Tempe, Arizona, within the North Tempe submarket.

Key Highlights

  • 11 apartment units completed in 2025
  • All units are two‑story, three‑bedroom residences
  • Residences average 1,900 square feet

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Parts Store Dental Office Electrical Service Building Supply Storage Facility Veterinary Clinic

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

11
Residential units

Location Intelligence

Trade Area within ½ mile

2,147
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
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Frequently Asked Questions

What type of property is this?
Apartment building - All residences offer three bedrooms, private outdoor space, and direct-access garages.
Where is this apartment building located?
The property is located at 55 W Thomas Ln Tempe, AZ.
What is the asking price?
The asking price for this property is $6,995,000.
What are key features of this property?
This property features: 11 apartment units completed in 2025; All units are two‑story, three‑bedroom residences; Residences average 1,900 square feet
More about this property
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