1513 W 7TH Place, Tempe, AZ 85281
$580,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$580,000
Last Modified:
8/03/2025
Description
Great investment opportunity with this Tempe Triplex by ASU, located near Priest & University. All are spacious 2 Bed/1 Bath units & the property is on a large lot. Units are individually metered for gas & electric, plus there is a shared laundry room. **Do not disturb tenants**
More Information MLS# 6884237
Contract Info
Current Price: $580,000
List Price: $580,000
Status: Active
List Date: 2025-06-23
Ownership: Fee Simple
Location Tax Legal
House Number: 1513
Compass: W
Street Name: 7TH
St Suffix: Place
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 3242
County Code: Maricopa
Subdivision: LINDON PARK 9
Assessor Number: 124-72-144-A
Tax Year: 2024
General Property Description
Lot Size Dimensions: Irr
Year Built: 1972
Uncvrd Parking Spcs: 3
Total # of Units: 3
# of Buildings: 1
Zoning: Multi
High School District: Tempe Union High School District
Remarks Misc
Cross Street: Priest & University
Directions: Property is located near the NE corner of Priest & University.
Geo Lat: 33.422629
Geo Lon: -111.963212
Legal Info
Township: 1N
Range: 4E
Section: 17
Lot Number: 322
Income Expenses
Gross Annual Sch Inc: 38100
Net Operating Income: 25820
Showing Notification Methods
Showing Service: No Showing Service Used
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 1058
Avg SqFt: 803
# Baths: 1
Property Features
Project Type: Tri-Plex
Construction: Block; Brick
Const - Finish: Painted
Roofing: Composition
Floors: Concrete; Ceramic Tile; Carpet
Sale Includes: Land & Building; Personal Property; Laundry Equipment
Community Features: No Pool
Exterior Amenities: Green Landscaping; Desert Landscaping
Interior Amenities: Unfurnished
Appliances Included: Free-Standing Range; Refrigerator
Cooling: Heat Pump
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Parking Features: 1 Space/Unit
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Gas
Source of Fincl Data: Other (See Remarks)
Lockbox Type: None
New Financing: Cash; Conventional; 1031 Exchange
Environmental: None
Listing Office: Realty ONE Group
Last Updated: August - 03 - 2025
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