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1218 S Farmer Avenue, 
Tempe, AZ 85281

$1,675,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Chris Bianco

Civic Center Real Estate

602-291-2090

Last updated:

September 16, 2025, 03:07 PM

MLS#

6919748

Source:

ARMLS

About This Home

1218 S Farmer Avenue

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.

Home Facts

Multi-Family

Built in 1960

Price Summary

1,675,000

MLS #:

6919748

Last Updated:

September 16, 2025, 03:07 PM


Structure

Structure

Year Built:

1960


Finances & Disclosures

Finances

Price:

$1,675,000

Source:ARMLS
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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