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2017 E LEMON Street, Tempe, AZ 85281
$910,000

















Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$910,000
Last Modified:
6/20/2025
Description
Value-add 5 unit multifamily community right across the street from Culdesac development in Tempe. (3) 2x1 Units at 600 SF, and (2) 1x1 Units at 550 SF. Please reach out with any questions.
More Information MLS# 6882948
Contract Info
Current Price: $910,000
List Price: $910,000
Status: Active
List Date: 2025-06-20
Ownership: Fee Simple
Location Tax Legal
House Number: 2017
Compass: E
Street Name: LEMON
St Suffix: Street
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 4851
County Code: Maricopa
Subdivision: ZELLA VISTA
Assessor Number: 132-70-160
Tax Year: 2024
General Property Description
Lot Size Dimensions: irr
Year Built: 1961
Uncvrd Parking Spcs: 5
Total # of Units: 5
# of Buildings: 2
Zoning: Multi
High School District: Tempe Union High School District
Remarks Misc
Cross Street: 101 & Apache
Geo Lat: 33.415605
Geo Lon: -111.899546
Legal Info
Township: 1N
Range: 4E
Section: 24
Lot Number: 10
Income Expenses
Gross Annual Sch Inc: 57600
Net Operating Income: 43834
Showing Notification Methods
Showing Service: Non-MLS Showing Service - See Private Remarks
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 842
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 1038
# Baths: 1
Property Features
Project Type: 5 - 12 Units
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Ceramic Tile
Sale Includes: Land & Building; Personal Property
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Partially Fenced; Cable TV Available
Interior Amenities: Unfurnished
Appliances Included: Free-Standing Range; Refrigerator
Heating: Individual; Heat Pump
Cooling: Electric; Heat Pump; Individual
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP; Individual Meter
Gas: SW Gas; Individual Meter
Parking Features: 1 Space/Unit
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Gas; Cable TV
Source of Fincl Data: Owner
Lockbox Type: See Private Remarks; None
Existing 1st Loan: Conventional
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional; No Carry
Environmental: None
Listing Office: Matthews Real Estate Investment Services
Last Updated: June - 20 - 2025

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