AZ > Tempe > Westway Park
Tempe, AZ 85282,1145 W SOUTHERN Avenue
Tempe, AZ 85282,1145 W SOUTHERN Avenue
Tempe, AZ 85282,1145 W SOUTHERN Avenue
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James Lessa

James Lessa

+1(480) 848-9716
$1,000,000
Est. payment /mo
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Westway Park

MLS Listing ID 6888728

Maintenance Fees $3,000

Year Built 1970

Annual Tax Amount $2,779

Tax Year 2024

Lot Dimensions 106x125

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

DO NOT DISTURB TENANTS. Rarely available and meticulously maintained Tempe 4-plex with exceptional visibility directly on Southern Ave. Each 2-bed, 1-bath unit is spacious and on month-to-month leases, offering immediate upside on below-market rents. Pride of ownership shows with major recent upgrades including new ABS plumbing, newer roof, updated ACs, fresh paint, modern appliances, and finishes. Property features covered parking, laundry hookups (with coin-op potential), and sits on a low-maintenance xeriscaped lot—one of the largest among neighboring 4-plexes at nearly 11,000 sq ft. Centrally located near shopping, dining, trails, and major freeways. Strong fundamentals and value-add potential for any investor.

Location

State AZ

County Maricopa

Community Westway Park

Zoning R-3R

Direction From Priest, east on Southern. Property located on the SE corner of Southern and S Shafer Dr.

Interior

Heating Heat Pump

Cooling Central Air, Ceiling Fan(s)

Flooring Carpet, Vinyl

Appliance Built-In Range, Disposal, Refrigerator, Microwave, Washer/Dryer

Exterior

Parking Features Paved, Assigned, Add'l Parking Avail, >1 Space Per Unit, Carport

Community Features No Pool

Roof Type Foam

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

High Schools Tempe High School

School District Tempe Union High School District

Others

Senior Community No

Tax ID 123-42-072

Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Conventional, 1031 Exchange, FHA, VA Loan

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Arizona Regional MLS (ARMLS)

Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Citiea

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agent

James Lessa

Managing Partner & Sr. Mortgage Broker | License ID: SA714546000 | NMLS 629922

+1(480) 848-9716

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1145 W SOUTHERN Avenue