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    Tempe, AZ Multifamily Properties for Sale

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    Scottsdale, AZ Phoenix, AZ Mesa, AZ
    19 results
    Tempe Garden-Style Apartment Complex
    $1,700,000
    4,414 SF

    Tempe Garden-Style Apartment Complex

    425,427 W 5th Street, Tempe, AZ 85281

    Garden-style 10-plex near ASU Main Campus in Tempe.

    • Prime Location: Short walk to ASU Main Campus.
    • Investment Opportunity: Garden‑style 10‑plex with reposition potential.
    • Established Ownership: Current ownership for approximately 40 years.
    • Convenient Transportation: Near the 202 Freeway and Sky Harbor Airport.
    • Diverse Unit Mix: Includes studios, 1‑bedroom, and 2‑bedroom units.
    Updated: Feb 18
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    Renovated Duplex in Central Tempe
    $700,000

    Renovated Duplex in Central Tempe

    1248 E Harry Street, Tempe, AZ 85288

    Turnkey duplex with strong rental appeal in central Tempe.

    • Turnkey duplex featuring two 2‑bedroom/1‑bath units, fully renovated including new HVAC, roof, electrical panels, and windows.
    • Strong long‑term rental appeal due to functional layouts and updated interiors.
    • Minimal near‑term capital needs due to recent renovations, ensuring stable operations.
    • Offered as part of a five‑unit residential compound across two adjacent parcels in central Tempe.
    • Includes appliances: Refrigerator, Built‑In Gas Oven, Microwave, and Washer/Dryer.
    Updated: Jan 26
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    Remodeled Duplex Near ASU
    $775,000

    Remodeled Duplex Near ASU

    Fully remodeled duplex near ASU with immediate income potential.

    1610 S COLLEGE Avenue, Tempe, AZ 85281
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    Turnkey Tempe Duplex Investment
    $1,235,000

    Turnkey Tempe Duplex Investment

    Updated duplex with modern amenities and strong tenant appeal.

    117 W 10TH Street, Tempe, AZ 85281
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    Renovated Income Property in Tempe
    $950,000

    Renovated Income Property in Tempe

    Three-unit income property with extensive renovations in Tempe, Arizona.

    1244 N Rose Street, Tempe, AZ 85288
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    Tempe Multifamily Near ASU Campus
    $1,420,000

    Tempe Multifamily Near ASU Campus

    Seven-unit apartment property near ASU with remodeled units.

    1219 S Farmer Avenue, Tempe, AZ 85281
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    Tempe Duplex with Large Yards
    $605,000

    Tempe Duplex with Large Yards

    Tempe duplex featuring 3-bedroom units and large backyards.

    1021 N HAROLD Street, Tempe, AZ 85288
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    Remodeled Tempe Multi-Family Investment
    $2,450,000

    Remodeled Tempe Multi-Family Investment

    Four remodeled units near ASU in the Maple & Ash District.

    117 W 10TH Street, Tempe, AZ 85281
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    Tempe Fourplex on Southern Avenue
    $930,000
    0.25 Acres

    Tempe Fourplex on Southern Avenue

    Turnkey Tempe fourplex with strong rental demand and appreciation potential.

    1145 W SOUTHERN Avenue, Tempe, AZ 85282
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    Tempe Triplex Near ASU
    $949,995

    Tempe Triplex Near ASU

    Well-maintained triplex near ASU with strong in-place cash flow.

    1234 S FARMER Avenue, Tempe, AZ 85281
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    Well-Maintained 9-Unit Investment Opportunity
    $1,675,000

    Well-Maintained 9-Unit Investment Opportunity

    Well-maintained 9-unit apartment building for sale in Tempe.

    1218 S Farmer Ave, Tempe, AZ 85284
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    Tempe Multifamily and Office Opportunity
    $700,000
    2,203 SF

    Tempe Multifamily and Office Opportunity

    Multifamily and office property near Arizona State University.

    2211 S Mill Ave, Tempe, AZ
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    Tempe Multifamily Investment Opportunity
    $2,300,000
    7,294 SF

    Tempe Multifamily Investment Opportunity

    10-unit multifamily property near Arizona State University.

    1209, 1015, 1225 S. Ash Ave., Tempe, AZ 85281
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    Garden-Style 10-Plex Near ASU
    $2,300,000
    4,414 SF

    Garden-Style 10-Plex Near ASU

    Tempe 10-unit multifamily property, reposition opportunity, near ASU campus.

    427 W 5th St, Tempe, AZ 85281
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    Renovated Tempe Multifamily Investment Opportunity
    $1,420,000
    3,500 SF

    Renovated Tempe Multifamily Investment Opportunity

    Multifamily property with recent renovations in Tempe, Arizona.

    1219 S FARMER AVE, Tempe, AZ 85281
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    Tempe Triplex Near ASU
    $1,100,000
    2,707 SF

    Tempe Triplex Near ASU

    Boutique triplex near Arizona State University and Downtown Tempe.

    528 W La Jolla Dr, Tempe, AZ 85282
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    Tempe Multifamily Investment Opportunity
    $11,250,000

    Tempe Multifamily Investment Opportunity

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

    1855 E Don Carlos, Tempe, AZ 85281
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    Tempe Duplex For Sale
    $605,000
    1,380 SF

    Tempe Duplex For Sale

    Tempe duplex with 1380 square feet of space.

    1021 N Harold St, Tempe, AZ 85288
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    Tempe Home in Family Community
    $59,000
    896 SF

    Tempe Home in Family Community

    Two-bedroom home in Tempe family community with amenities.

    2340 E UNIVERSITY Drive 210, Tempe, AZ 85288
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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 Active Listings in Tempe, AZ, we suggest to view alternatives - similar 19 Off-Market properties to explore as potential leads.

    Off-Market Properties in Tempe, AZ

    Consider similar Off-Market properties in Tempe, AZ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2609 Southern Ave
    MOBILE HOME PARK, TRAILER PARK
    1,200 SF Lot: 57.67 Acres
    Estimated value
    $6,970,000

    2609 Southern Ave, Tempe, AZ 85282-4206

    View details
    2727 University Dr
    MOBILE HOME PARK, TRAILER PARK
    3,056 SF Lot: 20.44 Acres
    Estimated value
    $17,755,000

    2727 University Dr, Tempe, AZ 85288-5056

    View details
    2340 University Dr
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.00 Acres
    Value Estimation by Request

    2340 University Dr, Tempe, AZ 85288-4726

    View details
    2340 University Dr
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.13 Acres
    Value Estimation by Request

    2340 University Dr, Tempe, AZ 85288-4726

    View details
    2340 University Dr
    MOBILE HOME PARK, TRAILER PARK
    Lot: 16.10 Acres
    Value Estimation by Request

    2340 University Dr, Tempe, AZ 85288-4726

    View details

    Tempe, AZ Multifamily Properties Investment Opportunities Market Analysis

    Explore 38 multifamily properties for sale in Tempe, AZ, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 22,412 square feet of properties for sale, with an estimated market value of $9,305,000.

    Sale prices for multifamily properties in Tempe, AZ start at $605,000, averaging $1,550,833, and reaching up to $2,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Apartment buildings 11
    Duplexes 6
    Quadplexes 2
    Triplexes 2
    Mobile home & RV parks 1

    Property Size Breakdown

    The majority of commercial real estate listings in Tempe fall within the 100,000+ square foot range.

    Demographics Overview

    Population 192K
    Population Growth (5Y) +0.9%
    Median Household Income $79,956
    College Educated 32.7%

    High-Yield Neighborhoods for Investment

    Identify Tempe submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    85282 $1M
    85284 $1.7M
    85281 $2.6M

    Taxes & Financing

    Tax Rate (average for all types) 5.89%
    Property Tax per SF $77.06 per sq ft
    Average Loan-to-Value 65.0%

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