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$800,000

  • Sold
  • Closed
  • Multi-Family
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Prime Tempe 4-Plex - Great investment opportunity in a highly sought-after Tempe location! The property features two spacious 2-bedroom/1-bath units and two 1-bedroom/1-bath units, each with its own front patio. The one-bedroom units also enjoy private enclosed yards, perfect for added tenant appeal. Shared amenities include an on-site laundry room and rear parking. Nestled on a quiet, well-kept street with numerous remodeled homes, this property is just minutes from ASU campus, Carvana Headquarters, Phoenix Sky Harbor International Airport, the 202 freeway. With some long-term tenants already in place, there's significant upside potential for upgrades and market rent increases. Exceptional Value-Add Potential. Please do not disturb residents!

Full Property Details for 1301 W 3rd

General

  • Sold For: $800,000
  • Taxes: $2,092 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6905604
  • Added to Site: 155 day(s) ago

Interior

  • Flooring: Carpet, Ceramic Tile, Vinyl

Parking

  • Parking Features: Paved

Location

  • County: Maricopa
  • Township: 1N
  • Subdivision: GRIFFITH ESTATES
  • Cross Streets: PRIEST & UNIVERSITY

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s), Electric
  • Heating Type: Electric

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 1
  • Exterior Const.: Painted, Block
  • Roof: Other
  • Year Built: 1979

Lot Features

  • Lot Dimensions: 8359
  • Zoning: R3

Financial Considerations

  • Tax Amount: $2,092
  • Tax Year: 2024
  • Terms: Conventional
  • Owner Pays: Trash Collection, Water, Sewer, Landscaping

Disclosures and Reports

  • Legal Description: LOT 1 GRIFFITH ESTATES MCR 009913
  • Property ID: 124-28-038
  • Range: 4E
  • Section: 16
  • Lot Number: 1

Listed by Real Broker
Sold by Keller Williams Realty Phoenix

Listing agents

— 1301 W 3rd —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1301 W 3rd

School Districts:Tempe School District, Tempe Union High School District
NameGradesDistance
Scales Technology Academy
1115 West 5th Street, Tempe, AZ 85281
K-50.3 mi
Geneva Epps Mosley Middle School
1025 South Beck Avenue, Tempe, AZ 85281
6-80.7 mi
Tempe High School
1730 S Mill Ave, Tempe, AZ 85281
9-121.6 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 1301 W 3rd

Date
Details
Price
Change
Source
9/30/2025
Sold
$770,000
-6.67%
MLS
8/14/2025
Listed
$825,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Real Broker
Sold by Keller Williams Realty Phoenix

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Recent Sales near 1301 W 3rd

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1301 W 3rd, Tempe, AZ 85281 (MLS# 6905604) is a Multi-Family property that was sold at $800,000 on September 30, 2025. Want to learn more about 1301 W 3rd? 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.