405 S Priest Dr., Tempe, AZ 85281

405 S Priest Dr., Tempe, AZ 85281
Photo 1 of 46
$1,810,000
Sold on 3/25/24
Beds Baths Sq. Ft. Taxes Built
0.00 0 $5,289 1961
On the market: 139 days
Other active MLS# for this property: 6627699 6627699 6627699
View full details, 15 photos, school info, and price history
Seller financing available! This well-maintained, value-add 10-unit property consists of three contiguous parcels, two addressed 405 S Priest Dr (APNs 124-28-031-C and 124-28-031-B) as well as 1325 W 4th St (APN 124-28-030), offering multiple exit strategies for a buyer. Electric has been redone and plumbing lines have been partially redone since current ownership. The property features a healthy unit mix of (8) one-bed / one-bath units and (2) two-bed / one-bath units. On-site parking is available for the tenants. There is a small courtyard area between the 4-plexes and a sizable backyard behind the duplex. All leases are month-to-month or ending soon, so great opportunity for immediate value-add in both interior and exterior renovations. Less than two miles from downtown Tempe and ASU.
Listing courtesy of Colin Kreager, ABI Multifamily