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$840,000

  • Sold
  • Closed
  • Multi-Family
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1217 W Southern Ave is a 4-unit multifamily community located in the West Tempe Submarket of Tempe, AZ. This asset is strategically positioned within close proximity to the ASU Tempe campus, and features 100% two-bedroom, 1 bathroom floorplans averaging approximately 750 sq. ft. The building underwent a significant renovation in 2017 and has a new roof along with on-site laundry and storage. Each unit features fully renovated interiors and a gated patio area, with a current average rent of $1,738/month. This is a unique opportunity to acquire a turn-key asset located in a highly desirable location.

Full Property Details for 1217 W Southern Ave

General

  • Sold For: $840,000
  • HOA FEE: $420
  • Taxes: $2,533 (2023)
  • Status: Closed
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6819034
  • Added to Site: 378 day(s) ago

Interior

  • Flooring: Ceramic Tile

Parking

  • Covered Spaces: 4
  • Total Spaces: 8
  • Parking Features: Carport

Location

  • County: Maricopa
  • Township: 1N
  • Subdivision: WESTWAY PARK

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Electric
  • Heating Type: Other, See Remarks, None

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 1
  • Exterior Const.: Painted, Block
  • Roof: Composition
  • Year Built: 1970

Unit Information

  • Vacancy %: .05

Lot Features

  • Lot Dimensions: 9250
  • Frontage: Gravel, Dirt
  • Zoning: M-M

Financial Considerations

  • Maint. Fee/Month: $420
  • Tax Amount: $2,533
  • Tax Year: 2023
  • Terms: Conventional
  • Owner Pays: Trash Collection, Water, Sewer

Disclosures and Reports

  • Legal Description: TRACT H WESTWAY PARK MCR 012324
  • Property ID: 123-42-069
  • Range: 4E
  • Section: 33

Listed by Matthews Real Estate Investment Services
Sold by Wise Realty AZ

Listing agent

— 1217 W Southern Ave —

  • Matthews Real Estate Investment Services

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1217 W Southern Ave

School Districts:Tempe School District, Tempe Union High School District
NameGradesDistance
Carminati Elementary School
4001 South McAllister Avenue, Tempe, AZ 85282
PK-51.6 mi
Geneva Epps Mosley Middle School
1025 South Beck Avenue, Tempe, AZ 85281
6-81.7 mi
Tempe High School
1730 S Mill Ave, Tempe, AZ 85281
9-121.5 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 1217 W Southern Ave

Date
Details
Price
Change
Source
4/21/2025
Sold
$875,000
-2.23%
MLS
2/21/2025
Price Reduced
$895,000
-5.74%
MLS
2/11/2025
Listed
$949,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Matthews Real Estate Investment Services
Sold by Wise Realty AZ

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1217 W Southern Avenue, Tempe, AZ 85282 (MLS# 6819034) is a Multi-Family property that was sold at $840,000 on April 21, 2025. Want to learn more about 1217 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.