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$707,500
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Property Description
If you know the Tempe area, you know THIS is the location to be in as an investor! Located directly next to the highly desirable neighborhood of Broadmor, this single-level, fully occupied 4-unit will be a valuable addition to your investment portfolio whether you're an experienced investor or just starting out. This prime investment opportunity consists of Three(3)-1bd/1ba units plus One(1) 2bd/1ba unit, each unit with its own convenient dedicated parking spot in the rear, individually metered electric. Many updates throughout! Highly desirable central location with high tenant demand! Don't miss out on this exceptional opportunity to own a multifamily property in one of Tempe's most sought-after locations! Buyer to verify all facts and figures to their satisfaction.
Full Property Details
Full Property Details for 2122 S Granada Dr
General
- Sold For: $707,500
- HOA FEE: $4,000
- Taxes: $2,111 (2023)
- Status: Closed
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6723731
- Added to Site: 604 day(s) ago
Interior
- Flooring: Carpet, Ceramic Tile, Vinyl
Parking
- Total Spaces: 4
- Parking Features: 1 Space/Unit, Street Parking
Location
- County: Maricopa
- Township: 1N
- Subdivision: SUNSET VISTA
- Cross Streets: Broadway & Rural
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Air Conditioning, Electric, Individual
- Heating Type: Other
Utilities
- Sewer: Public Sewer
- Water: City Franchise
Structural Information
- # Buildings: 1
- Exterior Const.: Block
- Roof: Composition
- Year Built: 1961
Unit Information
- Vacancy %: .05
Lot Features
- Lot Dimensions: 7283
- Frontage: Asphalt
- Zoning: M-H
Financial Considerations
- Maint. Fee/Month: $4,000
- Tax Amount: $2,111
- Tax Year: 2023
- Terms: Conventional
- Owner Pays: Trash Collection, Water, Sewer
- Tenant Pays: Gas, Electricity
Disclosures and Reports
- Legal Description: LOT 9 SUNSET VISTA MCR 007315
- Property ID: 133-25-021
- Range: 4E
- Section: 27
- Lot Number: 9
Listed by Barrett Real Estate
Sold by eXp Realty
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Schools
Schools serving 2122 S Granada Dr
School Districts:Tempe School District, Tempe Union High School District
| Name | Grades | Distance |
|---|---|---|
Broadmor Elementary School 311 East Aepli Drive, Tempe, AZ 85282 | K-5 | 0.3 mi |
Connolly Middle School 2002 East Concorda Drive, Tempe, AZ 85282 | 6-8 | 1.6 mi |
Tempe High School 1730 S Mill Ave, Tempe, AZ 85281 | 9-12 | 0.8 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 2122 S Granada Dr
Date
Details
Price
Change
Source
2/18/2025
Sold
$735,000
-6.37%
MLS
1/02/2025
Price Reduced
$785,000
-4.85%
MLS
6/25/2024
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.
2122 S Granada Drive, Tempe, AZ 85282 (MLS# 6723731) is a Multi-Family property that was sold at $707,500 on February 18, 2025. Want to learn more about 2122 S Granada Drive? 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.

