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$995,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 3 days ago
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Welcome to this well-maintained fourplex in Tempe! Each of the four units has two bedrooms one bath. The property has recently been upgraded with a new roof and fresh exterior paint, ensuring a modern and appealing aesthetic. The location is a standout feature, being just a short walk away from ASU and the bustling Mill Avenue shops and restaurants. This proximity to local amenities not only provides convenience for tenants but also contributes to the property's stable income, with little to no vacancy. Ample parking is available for tenants, adding to the property's appeal. This is a fantastic opportunity for those seeking a great income-producing property in a prime location. Owner is doing a 1031 exchange

Full Property Details for 1101 S Farmer Ave

General

  • Price: $995,000
  • HOA FEE: $1,653
  • Taxes: $2,859 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6952689
  • Updated: 3/10/2026
  • Added to Site: 124 day(s) ago

Interior

  • Appliances: Refrigerator, Free-Standing Electric Oven, Microwave
  • Flooring: Tile, Laminate, Carpet, Vinyl

Exterior

  • Exterior Features: Sidewalk(s)

Parking

  • Parking Features: Paved, Add'l Parking Avail, 1 Space/Unit

Location

  • County: Maricopa
  • Township: 1N
  • Subdivision: FARMERS ADDITION BLOCKS 1-2 PART 3 LOTS 1-5
  • Cross Streets: 13th st and farmer

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Heat Pump

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 1
  • Exterior Const.: Wood Frame, Painted, Stucco
  • Roof: Foam
  • Year Built: 1975

Lot Features

  • Lot Dimensions: 7838
  • Frontage: Asphalt
  • Zoning: R-3

Financial Considerations

  • Maint. Fee/Month: $1,653
  • Tax Amount: $2,859
  • Tax Year: 2025
  • Terms: Conventional, 1031 Exchange
  • Owner Pays: Trash Collection, Water, Sewer

Disclosures and Reports

  • Legal Description: FARMERS
  • Property ID: 124-70-005
  • Range: 4E
  • Section: 21
  • Lot Number: 1

Listed by MacLay Real Estate

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Listing agents

— 1101 S Farmer Ave —

  • MacLay Real Estate

  • MacLay Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1101 S Farmer Ave

School Districts:Tempe School District, Tempe Union High School District
NameGradesDistance
Holdeman Elementary School
1326 West 18th Street, Tempe, AZ 85281
K-51 mi
Geneva Epps Mosley Middle School
1025 South Beck Avenue, Tempe, AZ 85281
6-80.6 mi
Tempe High School
1730 S Mill Ave, Tempe, AZ 85281
9-120.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1101 S Farmer Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/09/2026
Price Reduced
$995,000
-0.5%
MLS
12/01/2025
Listed
$999,999
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1101 S Farmer Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,859
7%
$81,620
6%
2024
$2,672
1%
$77,020
-4%
2023
$2,639
4%
$80,430
9%
2022
$2,532
—
$73,860
26%
2022
$2,532
-1%
$58,550
21%
2021
$2,549
3%
$48,560
13%
2020
$2,472
2%
$43,080
21%
2019
$2,425
3%
$35,600
21%
2018
$2,365
3%
$29,410
15%
2017
$2,294
1%
$25,480
6%
2016
$2,278
4%
$24,060
—
2015
$2,188
-10%
$24,010
22%
2014
$2,431
33%
$19,750
64%
2013
$1,827
—
$12,010
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by MacLay Real Estate

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1101 S Farmer Avenue, Tempe, AZ 85281 (MLS# 6952689) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1101 S Farmer Avenue is currently listed for $995,000 and was received on December 01, 2025. Want to learn more about 1101 S Farmer Avenue? Do you have questions about finding other Multi-Family real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

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