1218 S FARMER Avenue, Tempe, AZ 85281
Multi-Family Home 
Built in 1960 
—— sqft lot 
—— car garage 
$——/sqft 
Listed 8 months ago
Property Description
Exceptional investment opportunity in this well-maintained 9-unit multifamily property! Conveniently located in a desirable, high-demand rental area of Tempe, ASU. This 9-plex features 8-1bedroom units and 1- studio with strong rental history and low vacancy. Each unit offers functional layouts, and 15 dedicated parking. All units have been tastefully updated attracting quality long-term tenants. The property sits on a generous lot with potential for future development (buyer to verify). On-site laundry, separate utility meters, This is a turnkey addition to any investor's portfolio. Easy access to transit, ASU, shopping, and major employment centers. Whether you're a seasoned investor or entering the multifamily market, this is a rare chance to acquire a stable, cash-flowing asset.
- Listing Status:
- Active
- Date Added:
- September 15, 2025
- Data Last Updated:
- May 21, 2026 at 1:07AM
- Listing Office:
- Civic Center Real Estate : 602-291-2090
- Listing Agent:
- Chris Bianco : 602-291-2090
- MLS ID:
- 6919748
- General: Sidewalk(s)
- Parking: Add'l Parking Avail1 Space/UnitCarportParking spaces: 16
- Roofing: Composition
- General: Wood FramePaintedBlock
- Road/Access: Asphalt
- Originating MLS: Arizona Regional Multiple Listing Service 2
- School District: Tempe School District
- County: Maricopa
- Zoning: R-312470026
- Water: City Franchise
- Sewer: Public Sewer
- Source: Arizona Regional Multiple Listing Service 2
This listing courtesy of Chris Bianco , Civic Center Real Estate
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
