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$950,000
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Property Description
DO NOT DISTURB TENANTS. Rarely available, turnkey Tempe 4-plex situated on a premium, oversized lot with exceptional visibility directly on Southern Ave. Meticulously maintained and exhibiting true pride of ownership, this income-producing asset features four spacious 2-bed, 1-bath units, all on month-to-month leases, providing immediate flexibility and upside on below-market rents. Extensive recent capital improvements include new ABS plumbing, a newer roof, updated AC units, fresh interior and exterior paint, modern appliances, and updated finishes-allowing for hands-off operation from day one. The nearly 11,000 sq ft lot-one of the largest among neighboring 4-plexes-adds long-term value and redevelopment appeal.
Full Property Details
Full Property Details for 1145 W Southern Ave
General
- Price: $950,000
- HOA FEE: $3,000
- Taxes: $2,779 (2024)
- Status: Active
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6888728
- Updated: 1/16/2026
- Added to Site: 190 day(s) ago
Interior
- Appliances: Built-In Range, Disposal, Refrigerator, Microwave, Washer/Dryer
- Flooring: Carpet, Vinyl
Parking
- Parking Features: Paved, Assigned, Add'l Parking Avail, >1 Space Per Unit, Carport
Location
- County: Maricopa
- Subdivision: WESTWAY PARK
- Cross Streets: Southern & Priest
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Heat Pump
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 1
- Exterior Const.: Painted, Block
- Roof: Foam
- Year Built: 1970
Unit Information
- Vacancy %: .05
Lot Features
- Lot Dimensions: 106 x 125
- Zoning: R-3R
Financial Considerations
- Maint. Fee/Month: $3,000
- Tax Amount: $2,779
- Tax Year: 2024
- Terms: Conventional, 1031 Exchange, FHA, VA Loan
- Owner Pays: Trash Collection, Water, Sewer, Landscaping
Disclosures and Reports
- Legal Description: WESTWAY PARK
- Property ID: 123-42-072
- Lot Number: 72
Listed by Citiea
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Schools
Schools serving 1145 W Southern Ave
School Districts:Tempe School District, Tempe Union High School District
| Name | Grades | Distance |
|---|---|---|
Carminati Elementary School 4001 South McAllister Avenue, Tempe, AZ 85282 | PK-5 | 1.6 mi |
Geneva Epps Mosley Middle School 1025 South Beck Avenue, Tempe, AZ 85281 | 6-8 | 1.7 mi |
Tempe High School 1730 S Mill Ave, Tempe, AZ 85281 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1145 W Southern Ave
Date
Details
Price
Change
Source
1/01/2026
Price Reduced
$950,000
-1.55%
MLS
11/04/2025
Price Reduced
$965,000
-1.03%
MLS
8/18/2025
Price Reduced
$975,000
-2.01%
MLS
7/22/2025
Price Reduced
$995,000
-0.5%
MLS
7/11/2025
Listed
$1,000,000
830.23%
MLS
12/30/1993
Sold
$107,500
—
Public Record
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
Tax History for 1145 W Southern Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,973
7%
$86,060
7%
2024
$2,779
1%
$80,080
-5%
2023
$2,745
4%
$84,450
20%
2022
$2,633
—
$70,370
39%
2022
$2,633
-1%
$50,450
27%
2021
$2,651
3%
$39,620
15%
2020
$2,571
2%
$34,350
25%
2019
$2,522
3%
$27,520
-10%
2018
$2,459
3%
$30,530
16%
2017
$2,386
1%
$26,360
5%
2016
$2,369
4%
$25,130
1%
2015
$2,276
-10%
$24,930
23%
2014
$2,517
32%
$20,330
62%
2013
$1,911
—
$12,560
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1145 W Southern Ave
1145 W Southern Avenue, Tempe, AZ 85282 (MLS# 6888728) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1145 W Southern Avenue is currently listed for $950,000 and was received on July 11, 2025. Want to learn more about 1145 W Southern 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.

