Date
Details
Price
Change
Source
7/01/2025
Listed
$949,995
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$949,995
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Property Description
Incredible triplex in the heart of downtown Tempe-just a stone's throw from ASU! This well-maintained 1950 build sits on the corner of 13th & Farmer and includes two 2BR/1BA units (~900 sq ft each) and one ~600 sq ft studio. All three units are leased through July 2026, offering strong in-place cash flow. Updates include newer A/C units, a roof under 10 years old, and long-term ownership since 1996. Each unit has private access, with 410 W 13th featuring its own separate entrance. Prime walkable location near campus, Mill Ave, and Tempe Town Lake!
Full Property Details
Full Property Details for 1234 S Farmer Ave
General
- Price: $949,995
- Taxes: $1,979 (2024)
- Status: Active
- Type: Triplex
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6887472
- Updated: 11/21/2025
- Added to Site: 199 day(s) ago
Interior
- Appliances: Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer, Washer and Dryer Hookups
- Flooring: Ceramic Tile, Concrete
Parking
- Parking Features: 1 Space/Unit
Location
- County: Maricopa
- Township: 1N
- Subdivision: STATE COLLEGE HOMES LOTS 41-48
- Cross Streets: 13th St & Mill Ave
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Wall/Window Air Conditioning, Electric
- Heating Type: Electric
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 1
- Exterior Const.: Painted, Block
- Roof: Composition
- Year Built: 1950
Lot Features
- Lot Dimensions: 100 x 70
- Zoning: R3
Financial Considerations
- Tax Amount: $1,979
- Tax Year: 2024
- Terms: Owner May Carry, Conventional, FHA, VA Loan
- Owner Pays: None
Disclosures and Reports
- Multiple Parcels: Yes
- Legal Description: STATE COLLEGE HOMES MCR 36/20 N 31.5F OF E 7F OF E 60F OF W 120F OF LOTS 7 & 8
- Property ID: 124-70-031-B
- Range: 4E
- Section: 21
- Lot Number: 7
Listed by Venture REI, LLC
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Listing agent
— 1234 S Farmer Ave —
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Schools
Schools serving 1234 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1234 S Farmer Ave
Tax History
Tax History for 1234 S Farmer Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14
8%
$467
6%
2024
$13
—
$440
-5%
2022
$13
—
$462
5%
2022
$13
—
$440
26%
2022
$13
—
$350
17%
2021
$13
8%
$300
15%
2020
$12
—
$260
18%
2019
$12
—
$220
38%
2018
$12
—
$160
7%
2017
$12
9%
$150
7%
2016
$11
—
$140
8%
2015
$11
—
$130
86%
2014
$11
—
$70
—
2013
$11
—
$70
—
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 1234 S Farmer Ave
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- Single Family
- Active
- Updated 3 days ago
- 5Beds
- 6Total Baths
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1234 S Farmer Avenue, Tempe, AZ 85281 (MLS# 6887472) is a Triplex property with 0 bedrooms and 0 full bathrooms. 1234 S Farmer Avenue is currently listed for $949,995 and was received on July 01, 2025. Want to learn more about 1234 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.