914 S KENWOOD Circle Tempe, AZ ^$ 999,000

914 S KENWOOD Circle

^$ 999,000

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914 S KENWOOD Circle

Tempe, AZ, 85281

^$ 999,000

Studio Baths0.0

Monthly Estimate*

^$ 6,232

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Studio

Multi-Family Home for sale in Tempe, AZ

for $999,000. This home was built in 1962.

A short bike ride from the Tempe ASU campus, 914 S Kenwood is a perfect Air BNB, mid term / executive rental, or just an easy long term rental property. This fully furnished 4 plex has been EXTENSIVELY renovated. EVERYTHING has been redone. The roof, AC units, underground plumbing, electrical, framing, drywall, all interior finishes, landscape, there isn't an inch of this property that hasn't been updated. All four units have 1 bedroom and 1 bathroom, as well as in unit laundry, quartz counters, modern cabinetry, dishwasher, all stainless steel appliances, wood plank style tile flooring, exterior storage closets for each unit, and are completely furnished and ready for guests. Tempe is in extremely high demand for both long & short term...

Multi-Family Active

Price

^$ 999,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,597

Style

Multiple Dwellings

Year Built

1962

Town/City

Tempe

County/Region

Maricopa

MLS | Web ID

6917327

Features

General

Sewer Public Sewer

Heating Electric

Cooling Central Air Ceiling Fan(s) Electric

Roof Built-Up

Zoning R-3

Construction Materials Painted Stucco Block Brick

Year Built 1962

Electric SRP

Township 1N

Tax Year 2024

Ownership Fee Simple Fee Simple

Gross Income 77520.0

Community Features No Pool

County Maricopa

Net Operating Income 72603.0

Operating Expense 8997.0

Insurance Expense 1400.0

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name MALARAN PARK 2

Garage Y/N N

Status Active

City Tempe

Disclosures None

High School District Tempe Union High School District

Open Parking Spaces 0.0

Number Of Units Total 4

Carport Y/N N

Tax Annual Amount 1597.0

Electric Expense 2400.0

Water Sewer Expense 2400.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Occupancy Type Tenant

Tax Lot 8

Cap Rate 6.91

New Financing: Conventional True

Senior Community N

New Financing: FHA True

New Financing: Cash True

New Financing: VA True

Interior

Flooring Ceramic Tile

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features Assigned Add'l Parking Avail >1 Space Per Unit On Street Carport

Water Source City Franchise

Total Parking 4.0

Number of Buildings 1

Spa N

Lot Dimensions 7 797 SQFT

Covered Spaces 4.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 914

* Excluded Features

List By

Grace Cre

Broker

mike@gracecre.com

Affordability Calculator

$6,366

Per Month

Monthly Principal & Interest: $6,232
Monthly Property Taxes: $133
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Tempe, AZ

Average List Price ^$1,195,700

Percent of Sale Price 20%

About Tempe, AZ

178,468 Population

13% Since 2002

^$52,533 Median Income

31.86 Median Age

19% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4327087 Elementary School

4327661 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/17/2025	$999,000	-4.86%	Price Down
9/10/2025	$1,050,000		Listed Price

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914 S KENWOOD Circle, Tempe, AZ, 85281 is a Multi-Family Home for sale at $999,000. 914 S KENWOOD Circle is a studio with 0.0 baths and was built in 1962. The property's zip code is 85281 which is in Tempe, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/14/2025.

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914 S KENWOOD Circle

Multi-Family Home for sale in Tempe, AZ

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