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For sale
  • $950,000

    908 S Mariana St, Tempe, AZ 85281

    4beds
    1baths
    2,100sqft
    : 
    Multi Family
    Built in 1959
    -- sqft lot
    $-- Zestimate®
    $452/sqft
    $-- HOA

    What's special

    Covered parking spaces
    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.
    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#: 6829903MLS Logo

    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 908 S Mariana St.

    Next available tour time:Tomorrow at 11am

    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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