515 W 2nd Street, Tempe, AZ 85281
- $675,000
- Sold Price
- $675,000
- List Price
- $675,000
- Closing Date
- Oct 11, 2024
- Days on Market
- 11
- Status
- CLOSED
- MLS#
- 6748206
- City
- Tempe
- Subdivision
- State Plat No 12 Amd
- Year Built
- 1955
Property Description
Charming 3-Unit Property in Downtown Tempe Prime Location: Nestled on a secluded street near Mill Avenue, this property offers the perfect blend of tranquility and urban convenience. Investment Opportunity: Situated in the heart of Downtown Tempe, this 3-unit property is a stone's throw away from Tempe Town Lake, the Light Rail Station, and the Trolley Car. Enjoy the vibrant activities of Downtown Tempe and the bustling Arizona State University campus. Property Features: Three One-Bedroom Units: Each unit boasts a ranch-style layout with upgraded kitchens, two skylights, and individual washers and dryers. Modern Amenities: Equipped with tankless water heaters, a new roof 8/24, and new air conditioning units 8/24. Long-Term Tenants: Residents typically stay for over five years, but the current one-year leases allow for a month-to-month option, making it ideal for an owner-occupant. Additional Opportunity: This property can be purchased together with the identical triplex next door at 509 West 2nd Street, creating a 6-unit package. Don't miss out on this unique investment opportunity in one of Tempe's most sought-after locations! Ready for FHA owner occupant, Seller willing to assist/negotiate with buyer closing cost.
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Additional Information
- Elementary School
- Scales Technology Academy
- Middle School
- Connolly Middle School
- Community Features
- No Pool
- Construction
- Block, Painted
- Cooling
- Central Air
- Electric
- APS
- Flooring
- Ceramic Tile
- Heating
- Heat Pump
- New Financing
- VA Loan, FHA, Conventional, Cash
- Parking Features
- >1 Space Per Unit
- Roofing
- Composition, Foam
- Subdivision
- State Plat No 12 Amd
- Taxes
- $1,353
- Tax Year
- 2023
- Tenant Pays
- Electricity, Gas
- Units
- 3
- Water
- City Franchise
- Zoning
- Industrial
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Listing courtesy of Congress Realty, Inc.. Selling Office: RE Options.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.