1224 S MAPLE Avenue Tempe, AZ ^$ 1,148,000

1224 S MAPLE Avenue

^$ 1,148,000

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1224 S MAPLE Avenue

Tempe, AZ, 85281

^$ 1,148,000

Studio Baths0.0

Monthly Estimate*

^$ 7,162

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Studio

Multi-Family Home for sale in Tempe, AZ

for $1,148,000. This home was built in 1950.

Three separate detached units on the lot, LOCATION, LOCATION, LOCATION! Unique opportunity in desirable area of Tempe, walking distance ASU campus and downtown Tempe attractions. The main house is about 1800 square feet with 3 bedrooms 2 baths, second home (1224 1/2 Maple) is a 2 bedroom 2 bath, third (1224 3/4 Maple) is a 1 bedroom 1 bath with great room which could be turned into second bedroom. All units have been updated with flooring, baths and kitchen remodels. Alley access for the back units plus a drive through tandem garage and covered parking space.

Multi-Family Active

Price

^$ 1,148,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 6,060

Style

Multiple Dwellings

Year Built

1950

Town/City

Tempe

County/Region

Maricopa

MLS | Web ID

6937086

Features

General

Sewer Public Sewer

Heating Natural Gas

Cooling Central Air Ceiling Fan(s) 2 or More Units

Roof Composition

Zoning 0131

Construction Materials Painted Stucco Block

Year Built 1950

Electric SRP

Township 1N

Tax Year 2024

Ownership Fee Simple Fee Simple

Gross Income 82560.0

Community Features No Pool

County Maricopa

Net Operating Income 82560.0

Operating Expense 6060.0

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name PARK TRACT

Garage Y/N Y

Status Active

Directions West on 13th St / Right on Maple to home

High School Tempe High School

City Tempe

Disclosures Seller Prop Disc Stm

High School District Tempe Union High School District

Open Parking Spaces 4.0

Number Of Units Total 3

Lot Size Square Feet 0.0

Carport Y/N N

Tax Annual Amount 6060.0

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

Elementary School District Tempe School District

Tax Lot 13

Cap Rate 7.19

New Financing: Conventional True

Senior Community N

Interior

Flooring Other Carpet

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features Paved Garage Door Opener >1 Space Per Unit Carport

Water Source City Franchise

Total Parking 7.0

Lot Size Area 0.0

Number of Buildings 3

Spa N

Lot Dimensions 151 X 65.25

Lot Size Acres 0.0

Covered Spaces 3.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1224

* Excluded Features

List By

Realty Executives Arizona Territory

Broker

jvaught7@aol.com

Affordability Calculator

$7,667

Per Month

Monthly Principal & Interest: $7,162
Monthly Property Taxes: $505
Monthly Home Insurance: --

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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 ^$1,165,093

Percent of Sale Price 1%

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

Tempe High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/22/2025	$1,148,000		Listed Price

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1224 S MAPLE Avenue, Tempe, AZ, 85281 is a Multi-Family Home for sale at $1,148,000. 1224 S MAPLE Avenue is a studio with 0.0 baths and was built in 1950. 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 12/7/2025.

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1224 S MAPLE Avenue

Multi-Family Home for sale in Tempe, AZ

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