Capitalize on a rare investment opportunity with this well-maintained four-plex, ideally situated in the heart of Tempe. This property boasts an unbeatable location, placing you within walking distance to the vibrant Arizona State University Tempe campus, ensuring consistent tenant demand. Additionally, you're just minutes away from the cutting-edge Novus Innovation Corridor, a hub of technology and development, further enhancing the property's appeal.
Enjoy exceptional connectivity with minutes-away access to major highways, facilitating effortless commutes throughout the Phoenix metropolitan area. This strategic location contributes to the property's history of rarely experiencing vacancies, providing a reliable and steady income stream. The property is the end lot of a culdesac with four covered parking spaces. Units feature 1bedroom 1 bathroom units with a seller-owned onsite coin laundry.
This is not just a stable investment; it's an opportunity for growth. Current market analysis indicates significant room to increase rents, allowing you to maximize your return.
For qualified buyers, the seller is offering seller financing, making this an even more accessible and attractive investment prospect. Don't miss out on this chance to acquire a prime Tempe property with exceptional potential.
Drive by only, tenants are unaware of the sale. Do Not Disturb.
All facts and figures are approximate, buyer verify MLS information.
Seller is related to listing agent.
For sale
$950,000
908 S Mariana St, Tempe, AZ 85281
4beds
1baths
2,100sqft
Est.:
Multi Family
Built in 1959
-- sqft lot
$-- Zestimate®
$452/sqft
$-- HOA
What's special
Covered parking spaces
- 65 days
- on Zillow |
- 545 |
- 24 |
Zillow last checked: 7 hours ago
Listing updated: March 04, 2025 at 01:53pm
Listed by:
Garrett Pedicini 602-791-9497,
Grace CRE,
Sophia J Willets 480-375-0227,
Grace CRE
Source: ARMLS,MLS#: 6829903


Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
Heating
- Individual, Electric
Cooling
- Central Air
Appliances
- Included: Free-Standing Range, Other, Disposal, Refrigerator
Features
- Flooring: Other, Ceramic Tile, Vinyl, Concrete
Interior area
- Total structure area: 2,100
- Total interior livable area: 2,100 sqft
Property
Parking
- Total spaces: 8
- Parking features: Other, 1 Space/Unit, On Street, Carport
- Has carport: Yes
- Covered spaces: 4
- Uncovered spaces: 4
Lot
- Size: 7,030 Square Feet
- Dimensions: 7030
Details
- Parcel number: 13273147
- Zoning: M-H
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Slump Block
Condition
- Year built: 1959
Utilities & green energy
- Electric: APS, Individual Meter
- Sewer: Public Sewer
- Water: Master Meter, City Franchise
Community & HOA
Community
- Features: No Pool
- Subdivision: MARIANA PARK I
Location
- Region: Tempe
Financial & listing details
- Price per square foot: $452/sqft
- Tax assessed value: $753,000
- Annual tax amount: $1,320
- Date on market: 3/4/2025
- Listing terms: Conventional,Owner May Carry,VA Loan
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Gravel, Asphalt
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