1313 W 3RD Street Tempe, AZ $ 750,000
1313 W 3RD Street
$ 750,000
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1313 W 3RD Street

Tempe, AZ, 85281
$ 750,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 5,180

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Multi-Family Home for sale in Tempe, AZ

for $750,000 with 6 bedrooms. This home was built in 1981.

Turnkey Apartment in one of Tempe's most Desirable multifamily zones, this 4-plex sits within a high-demand rental corridor just minutes from ASU, downtown Tempe, major employment hubs, and Valley Metro transit options. West Tempe Corridor, Balanced Unit Mix of 2- 1 Bedrooms and 2- 2 Bedrooms Updated Kitchen and Bathrooms, All Tile, Private Patios, Tenant Storage, Laundry, Room on Rents, All AC Units 2- 5 Years Old, Roof Recoated every 4-5 Years. Facts and Figures are believed to be accurate Buyer to verify their own satisfaction.

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Multi-Family Active

Price

$ 750,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 2,309

Style

Multiple Dwellings

Year Built

1981

Town/City

Tempe

County/Region

Maricopa

MLS | Web ID

7105083

Features
General
Sewer Public Sewer
Heating Varies by Unit Heat Pump
Cooling Heat Pump Varies by Unit
Roof Foam
Zoning R-3
Construction Materials Stucco Block
Year Built 1981
Electric SRP
Township 1N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 57780.0
Community Features See Remarks
County Maricopa
Net Operating Income 47084.0
Operating Expense 10696.0
Insurance Expense 1643.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 3000.0
Subdivision Name GRIFFITH ESTATES
Garage Y/N N
Status Active
Directions North on University East on 3rd Street Property is on the South side of the street
City Tempe
Disclosures None
High School District Tempe Union High School District
Open Parking Spaces 6.0
Number Of Units Total 4
Carport Y/N N
Tax Annual Amount 2309.0
Water Sewer Expense 3744.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot 3
Cap Rate 6.28
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Tile
Air Conditioning Y/N Y
Heating Y/N Y
Total Bedrooms 6
Total Baths 4
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Exterior
Parking Features >1 Space Per Unit
Water Source City Franchise
Total Parking 6.0
Number of Buildings 1
Spa N
Lot Dimensions 120 X 69
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1313
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* Excluded Features
List By
Better Homes & Gardens Real Estate Sj Fowler

Broker

eric@azapartments.com

Email

Affordability Calculator

$5,372
Per Month
96%
4%
0%
Monthly Principal & Interest
$5,180
Monthly Property Taxes
$192
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4327087 Elementary School
4327661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/11/2026$750,000 Listed Price

Map


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1313 W 3RD Street, Tempe, AZ, 85281 is a Multi-Family Home for sale at $750,000. 1313 W 3RD Street has 6 bedrooms, 0.0 baths, and was built in 1981. The property's zip code is 85281 which is in Tempe, AZ