509 W 2nd Street, Tempe, AZ 85281
- $650,000
- 3
- BD
- 3
- BA
- List Price
- $650,000
- Days on Market
- 5
- Status
- ACTIVE
- MLS#
- 7062358
- City
- Tempe
- Bedrooms
- 3
- Bathrooms
- 3
- Subdivision
- State Plat No 12 Amd
- Year Built
- 1955
Property Description
Downtown Tempe Triplex. Genuinely close to Valley Metro Light Rail, Town Lake, Tempe Streetcar, and Arizona State University. Neighboring Mill Avenue dining, shopping, and entertainment. Well-cared-for, low-maintenance building that speaks to the rarity and desirability of a multifamily property in this location. New roof 2024; 2 new A/C units and 3 new tankless smart water heaters installed in 2026. Suitable for an investor or owner-occupants looking to live in one unit while generating rental income from the other two. Seller Will Consider buyer closing cost concessions.
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Additional Information
- Elementary School
- Scales Technology Academy
- High School
- Tempe High School
- Community Features
- No Pool
- Construction
- Block, Painted
- Cooling
- Central Air
- Electric
- APS
- Heating
- Central
- New Financing
- FHA, Conventional, Cash
- Parking Features
- Off Street
- Roofing
- Composition, Foam
- Subdivision
- State Plat No 12 Amd
- Taxes
- $1,468
- Tax Year
- 2025
- Tenant Pays
- Electricity, Gas
- Units
- 3
- Water
- Master Meter
- Zoning
- R3
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Listing courtesy of Congress Realty, Inc..