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$650,000 Just Listed

  • For Sale
  • Active
  • Triplex
  • 3 Beds
  • 3 Total Baths
  • Updated 3 hours ago
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Downtown Tempe Triplex. Genuinely close to Valley Metro Light Rail, Town Lake, Tempe Streetcar, and Arizona State University. Neighboring Mill Avenue dining, shopping, and entertainment. Well-cared-for, low-maintenance building that speaks to the rarity and desirability of a multifamily property in this location. New roof 2024; 2 new A/C units and 3 new tankless smart water heaters installed in 2026. Suitable for an investor or owner-occupants looking to live in one unit while generating rental income from the other two. Seller Will Consider buyer closing cost concessions.

Full Property Details for 515 W 2nd St

General

  • Price: $650,000
  • Taxes: $1,468 (2025)
  • Status: Active
  • Type: Triplex
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7062358
  • Updated: Today (8/4/2026)
  • Added to Site: Today

Interior

  • Appliances: Built-In Range, Dishwasher, Refrigerator, Washer/Dryer
  • Flooring: Tile, Concrete

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 3

Parking

  • Parking Features: Off Street

Location

  • County: Maricopa
  • Township: 1N
  • Subdivision: STATE PLAT NO 12 AMD

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Water: Master Meter

Structural Information

  • # Buildings: 1
  • Exterior Const.: Painted, Block
  • Roof: Composition, Foam
  • Year Built: 1955

Unit Information

  • Vacancy %: .05

Lot Features

  • Lot Dimensions: 73 x 96
  • Frontage: Asphalt
  • Zoning: R3

Financial Considerations

  • Tax Amount: $1,468
  • Tax Year: 2025
  • Terms: Conventional, FHA
  • Owner Pays: Water

Disclosures and Reports

  • Legal Description: PT TR 7 LOT 1 W 73' OF E 166' EX TH PT IF ANY LY S OF PRIEST DITCH .16 AC
  • Property ID: 124-32-044-D
  • Range: 4E
  • Section: 16
  • Lot Number: 1

Listed by Congress Realty, Inc.

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Listing agent

— 515 W 2nd St —

  • Congress Realty, Inc.

888-881-4118

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 515 W 2nd St

School Districts:Tempe School District, Tempe Union High School District
NameGradesDistance
Scales Technology Academy
1115 West 5th Street, Tempe, AZ 85281
K-50.5 mi
Geneva Epps Mosley Middle School
1025 South Beck Avenue, Tempe, AZ 85281
6-80.8 mi
Tempe High School
1730 S Mill Ave, Tempe, AZ 85281
9-121.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 515 W 2nd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/04/2026
Listed
$650,000
-3.7%
MLS
10/12/2024
Sold
$675,000
—
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 515 W 2nd St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,466
7%
$43,315
12%
2024
$1,370
1%
$38,800
-3%
2023
$1,353
9%
$40,014
8%
2022
$1,238
—
$36,920
25%
2022
$1,238
-1%
$29,530
14%
2021
$1,252
3%
$25,800
12%
2020
$1,213
2%
$23,060
23%
2019
$1,190
3%
$18,750
35%
2018
$1,159
3%
$13,870
9%
2017
$1,124
1%
$12,760
5%
2016
$1,117
4%
$12,160
2%
2015
$1,075
-10%
$11,900
21%
2014
$1,188
30%
$9,850
58%
2013
$915
—
$6,250
—
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.

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NMLS#: 1598647

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Listed by Congress Realty, Inc.

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515 W 2nd Street, Tempe, AZ 85281 (MLS# 7062358) is a Triplex property with 3 bedrooms and 0 full bathrooms. 515 W 2nd Street is currently listed for $650,000 and was received on August 04, 2026. Want to learn more about 515 W 2nd Street? 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.

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