Recently Viewed Properties
See This Home
Save This Listing
Close

$975,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 13 hours ago
See This Home
Save This Home
See This Home
Save This Home
Prime investment opportunity in the heart of Tempe! This centrally located property sits just minutes from ASU, major employers, Tempe Town Lake, Sky Harbor Airport, and multiple freeway access points, making it an exceptionally strong rental location with consistent demand and fully rented! The exterior provides low-maintenance landscaping and ample parking, keeping holding costs low. With Tempe's strong rental rates and historically low vacancy trends, this property offers outstanding cash-flow. Opportunities in this location don't come often-secure a reliable income-producing asset in one of the Valley's most proven rental markets, currently the cap rate is at 9.08%! Immediate income for the new buyer that is ready for cashflow!

Full Property Details for 1253 W Southern Ave

General

  • Price: $975,000
  • Taxes: $2,670 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6973787
  • Updated: 1/24/2026
  • Added to Site: 1 day(s) ago

Interior

  • Appliances: Built-In Range, Dishwasher
  • Flooring: Carpet, Vinyl

Parking

  • Parking Features: Carport

Location

  • County: Maricopa
  • Township: 1N
  • Subdivision: WESTWAY PARK
  • Cross Streets: Southern & Priest

Heating & Cooling

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

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 4
  • Exterior Const.: Painted, Block
  • Roof: Foam
  • Year Built: 1970

Lot Features

  • Lot Dimensions: 7206
  • Zoning: R-3R

Financial Considerations

  • Tax Amount: $2,670
  • Tax Year: 2025
  • Terms: No Carry, Conventional, FHA, VA Loan
  • Owner Pays: Trash Collection, Water

Disclosures and Reports

  • Legal Description: WESTWAY PARK
  • Property ID: 123-42-063
  • Range: 4E
  • Section: 33

Listed by Realty ONE Group

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 1253 W Southern Ave —

  • Realty ONE Group

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1253 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-51.7 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 1253 W Southern Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/23/2026
Listed
$975,000
153.25%
MLS
11/01/2005
Sold
$385,000
—
Public Record
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 1253 W Southern Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,670
7%
$79,450
5%
2024
$2,495
1%
$75,330
-4%
2023
$2,465
4%
$78,630
20%
2022
$2,364
—
$65,510
39%
2022
$2,364
-1%
$47,060
29%
2021
$2,381
3%
$36,450
15%
2020
$2,309
2%
$31,620
25%
2019
$2,265
3%
$25,250
-9%
2018
$2,208
3%
$27,810
15%
2017
$2,143
1%
$24,100
7%
2016
$2,128
4%
$22,610
-2%
2015
$2,044
-10%
$23,020
26%
2014
$2,263
32%
$18,310
63%
2013
$1,713
—
$11,260
—
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.

Estimate the Cost for 1253 W Southern Ave

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Realty ONE Group

Just Listed near 1253 W Southern Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

8223 S Calle Azteca --, Guadalupe, AZ 85283 - Photo 1 Just Listed
$310,000

8223 S Calle Azteca --  Guadalupe, AZ 85283

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 2
    Total Baths
29423 N 145th Pl, Scottsdale, AZ 85262 - Photo 1 Just Listed
$1,549,000

29423 N 145th Pl  Scottsdale, AZ 85262

  • Single Family
  • Active
  • Updated 23 hours ago
  • 5
    Beds
  • 4
    Total Baths
Listed by Craig Kelly (760) 519-0971
6223 E Juniper Ave, Scottsdale, AZ 85254 - Photo 1 Just Listed
$885,000

6223 E Juniper Ave  Scottsdale, AZ 85254

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
Listed by Katina Samaras (602) 809-7075 and Kristina Read (480) 529-6698
7363 E Brisa Dr, Scottsdale, AZ 85266 - Photo 1 Just Listed
$1,595,000

7363 E Brisa Dr  Scottsdale, AZ 85266

  • Single Family
  • Active
  • Updated 5 days ago
  • 4
    Beds
  • 4
    Total Baths
Listed by Sacha Blanchet (602) 882-4921

Price Reduced near 1253 W Southern Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

11335 N 78th St, Scottsdale, AZ 85260 - Photo 1 Price Reduced
-$4,000 (-0.47%)
$845,000

11335 N 78th St  Scottsdale, AZ 85260

  • Single Family
  • Active
  • Updated 5 days ago
  • 2
    Beds
  • 2
    Total Baths
Listed by Andy Berglund (480) 215-1881
6803 E Main St, Scottsdale, AZ 85251 - Photo 1 Price Reduced
-$76,000 (-6.47%)
$1,099,000

6803 E Main St  #1102  Scottsdale, AZ 85251

  • Apartment
  • Active
  • Updated 3 hours ago
  • 3
    Beds
  • 3
    Total Baths
Listed by Carrie Dykstra (602) 653-8434
7600 E Corva Dr, Scottsdale, AZ 85266 - Photo 1 Price Reduced
-$10,000 (-1.2%)
$825,000

7600 E Corva Dr  Scottsdale, AZ 85266

  • Single Family
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 2
    Total Baths
Listed by Sandy Esmay (602) 574-0585 and Bob Pfeiffer (480) 766-0509
14000 N 94th St, Scottsdale, AZ 85260 - Photo 1 Price Reduced
-$10,000 (-2.35%)
$415,000

14000 N 94th St  #1186  Scottsdale, AZ 85260

  • Apartment
  • Active
  • Updated 2 days ago
  • 2
    Beds
  • 2
    Total Baths
Listed by Kristina Read (480) 529-6698

Recent Sales near 1253 W Southern Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1558 W 5th St, Tempe, AZ 85281 - Photo 1 Sold
$915,000

1558 W 5th St  Tempe, AZ 85281

  • Duplex
  • Closed
5430 S Clambake Bay, Tempe, AZ 85283 - Photo 1 Sold
$858,000

5430 S Clambake Bay  Tempe, AZ 85283

  • Townhouse
  • Closed
  • 2
    Beds
  • 2
    Total Baths
1329 E Whalers, Tempe, AZ 85283 - Photo 1 Sold
$910,000

1329 E Whalers  Tempe, AZ 85283

  • Single Family
  • Closed
  • Updated 12 days ago
  • 4
    Beds
  • 3
    Total Baths
140 E Rio Salado Pkwy, Tempe, AZ 85281 - Photo 1 Sold
$1,050,000

140 E Rio Salado Pkwy  #507  Tempe, AZ 85281

  • Apartment
  • Closed
  • Updated 3 days ago
  • 2
    Beds
  • 2
    Total Baths

1253 W Southern Avenue, Tempe, AZ 85282 (MLS# 6973787) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1253 W Southern Avenue is currently listed for $975,000 and was received on January 23, 2026. Want to learn more about 1253 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.

Tour this property