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$1,490,000 Just Listed
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Property Description
The property consists of seven units, across two buildings. The front building is a single story triplex, while the rear building is a two story loft style fourplex. The property is extremely well located, being just west of ASU's Tempe Campus. The unit mix is unknown, however two tenants are long term and five are short term.
Full Property Details
Full Property Details for 1214 S Farmer Ave
General
- Price: $1,490,000
- Taxes: $2,248 (2025)
- Status: Active
- Type: Triplex
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7036697
- Updated: Today (6/3/2026)
- Added to Site: Today
Interior
- Appliances: Dishwasher, Refrigerator, Washer/Dryer
- Flooring: Other, Carpet, Ceramic Tile, Vinyl
Parking
- Parking Features: 1 Space/Unit
Location
- County: Maricopa
- Township: 1N
- Subdivision: STATE COLLEGE HOMES LOTS 41-48
- Cross Streets: Mill and University
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Natural Gas
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 2
- Exterior Const.: Stucco, Block
- Roof: Composition, Foam
- Year Built: 1947
Lot Features
- Lot Dimensions: 9500
- Frontage: Asphalt
- Zoning: R-3
Financial Considerations
- Tax Amount: $2,248
- Tax Year: 2025
- Terms: Conventional, 1031 Exchange
- Owner Pays: Gas, Trash Collection, Water, Sewer, Landscaping
Disclosures and Reports
- Legal Description: LOT 3 STATE COLLEGE HOMES LOTS 41-48 MCR 003620
- Property ID: 124-70-025
- Range: 4E
- Section: 21
- Lot Number: 3
Listed by R.O.I. Properties
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Schools
Schools serving 1214 S Farmer Ave
School Districts:Tempe School District, Tempe Union High School District
| Name | Grades | Distance |
|---|---|---|
Holdeman Elementary School 1326 West 18th Street, Tempe, AZ 85281 | K-5 | 0.9 mi |
Geneva Epps Mosley Middle School 1025 South Beck Avenue, Tempe, AZ 85281 | 6-8 | 0.6 mi |
Tempe High School 1730 S Mill Ave, Tempe, AZ 85281 | 9-12 | 0.5 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 1214 S Farmer Ave
Date
Details
Price
Change
Source
6/03/2026
Listed
$1,490,000
—
MLS
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 1214 S Farmer Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,248
—
$18,754
-77%
2025
$2,248
8%
$80,430
-6%
2023
$2,076
4%
$85,150
13%
2022
$1,991
—
$75,430
31%
2022
$1,991
-1%
$57,470
17%
2021
$2,005
3%
$48,930
14%
2020
$1,944
2%
$42,880
20%
2019
$1,907
3%
$35,860
19%
2018
$1,860
3%
$30,260
44%
2017
$1,804
1%
$20,960
14%
2016
$1,791
4%
$18,330
1%
2015
$1,721
-9%
$18,160
21%
2014
$1,884
29%
$15,030
56%
2013
$1,462
—
$9,610
—
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 1214 S Farmer Ave
1214 S Farmer Avenue, Tempe, AZ 85281 (MLS# 7036697) is a Triplex property with 0 bedrooms and 0 full bathrooms. 1214 S Farmer Avenue is currently listed for $1,490,000 and was received on June 03, 2026. Want to learn more about 1214 S Farmer Avenue? Do you have questions about finding other Triplex real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

