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
2017 E LEMON Street, Tempe, AZ 85281- MLS# 6882948
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