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625 W 12th Street Tempe, AZ $ 675,000
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$ 675,000 Get more info
625 W 12th Street
$ 675,000
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625 W 12th Street

Tempe, AZ, 85281
$ 675,000
Bedrooms2 Baths0.0

Monthly Estimate*

$ 4,262

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Multi-Family Home for sale in Tempe, AZ

for $675,000 with 2 bedrooms. This home was built in 1970.

Exceptional investment opportunity in the heart of Tempe. Beautifully remodeled duplex offers an ideal location just minutes from ASU, shopping, dining, entertainment and major transportation. Each unit features one bedroom and one bathroom with a completely remodeled interior creating a fresh, modern and move in ready living space. Both units include all appliances, making them attractive to students, professionas or long term tenants. Eash side has carport exterior storage, additional storage space, ability to install a washer and dryer adding another desirable amenity for future tenants. With its prime Tempe location by ASU, completely renewed, its an excellent opportunity for an investor. Duplex has been non smoking Please use WFG National Title property has a benef deed in place

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Multi-Family Active

Price

$ 675,000

Bedrooms

2

Property Type

Multi-Family

Taxes

$ 1,517

Style

Multiple Dwellings

Year Built

1970

Town/City

Tempe

County/Region

Maricopa

MLS | Web ID

7065156
Features
General
Sewer Public Sewer
Heating Forced Air Electric
Cooling Central Air Ceiling Fan(s) Electric 2 or More Units
Roof Tile
Zoning Commerical
Construction Materials Siding Painted Block
Year Built 1970
Electric SRP
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 34560.0
Community Features No Pool
County Maricopa
Net Operating Income 36560.0
Operating Expense 4093.44
Insurance Expense 976.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 0.0
Garage Y/N N
Status Active
Directions Use Map Quest or App on phone
City Tempe
Disclosures Seller Prop Disc Stm
Open Parking Spaces 2.0
Number Of Units Total 2
Carport Y/N N
Tax Annual Amount 1517.44
Electric Expense 0.0
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 400.0
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Lot 48 and 49
Cap Rate 5.42
Senior Community N
New Financing: Cash True
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Interior
Flooring Laminate
Air Conditioning Y/N Y
Heating Y/N Y
Total Bedrooms 2
Total Baths 4
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Exterior
Parking Features Off Street Attached Carport >1 Space Per Unit Carport
Water Source City Franchise
Total Parking 4.0
Number of Buildings 1
Spa N
Lot Dimensions unknown
Road Surface Type Asphalt
Covered Spaces 2.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 625
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* Excluded Features
List By
Re/Max Fine Properties

Broker

tammy@tammyschembri.com

Email

Affordability Calculator

$4,388
Per Month
97%
3%
0%
Monthly Principal & Interest
$4,262
Monthly Property Taxes
$126
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
260072 Elementary School
263420 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/12/2026$675,000 Listed Price

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625 W 12th Street, Tempe, AZ, 85281 is a Multi-Family Home for sale at $675,000. 625 W 12th Street has 2 bedrooms, 0.0 baths, and was built in 1970. The property's zip code is 85281 which is in Tempe, AZ

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