1219 S Farmer Avenue, Tempe, AZ 85281
$1,580,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$1,580,000
Last Modified:
4/20/2025
Description
This 7-unit (fully-occupied), garden-style apartment property sits in an incredible location, approximately half a mile from ASU's main campus. Additionally, this property boasts proximity to Tempe Town Lake offices, Mill Avenue, the 202 freeway, and Sky Harbor Airport.
Location isn't the only desirable characteristic of the Apartments on Farmer, as 5 of 7 units have been thoroughly remodeled in the past 5 years (the other two units are occupied by long-term tenants). Along with interior updates, the property's comprehensive renovation included significant roofing, plumbing, and electrical work, with 4 of 7 units now boasting their own laundry facilities (in addition to the community laundry machines). Six storage rooms also on site.
Don't miss out on this incredible location.
More Information MLS# 6853978
Contract Info
Current Price: $1,580,000
List Price: $1,580,000
Status: Active
List Date: 2025-04-18
Ownership: Fee Simple
Location Tax Legal
House Number: 1219
Compass: S
Street Name: Farmer
St Suffix: Avenue
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Country: US
County Code: Maricopa
Subdivision: FARMERS ADDITION BLOCKS 1-2 & PART 3 & LOTS 1-5
Assessor Number: 124-70-019
Tax Year: 2024
General Property Description
Lot Size Dimensions: 75' x 142.5'
Year Built: 1961
Uncvrd Parking Spcs: 10
Total # of Units: 7
# of Buildings: 3
Zoning: R-3
Elementary School District: Tempe School District
High School District: Tempe Union High School District
Elementary School: Holdeman Elementary School
Jr. High School: Geneva Epps Mosley Middle School
High School: Tempe High School
Remarks Misc
Cross Street: Mill Ave & 13th St
Directions: From Mill Ave, turn west on 13th St. In approximately 1200 feet, turn north (right) on Farmer Ave. Property is on the east side of the street.
Geo Lat: 33.415318
Geo Lon: -111.943904
Status Change Info
Status Change Date: 2025-04-18
Legal Info
Lot Number: 6
Income Expenses
Gross Annual Sch Inc: 103594
Showing Notification Methods
Showing Service: Aligned Showings
Efficiency Units
# Efficiency Units: 4
Avg Rent: 1137
Avg SqFt: 400
# Baths: 1
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 1295
Avg SqFt: 525
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1395
Avg SqFt: 650
# Baths: 1
Property Features
Project Type: 5 - 12 Units
Construction: Block
Const - Finish: Painted
Roofing: Composition; Foam
Floors: Vinyl; Ceramic Tile; Other
Sale Includes: Land & Building; Laundry Equipment
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Partially Fenced; Separate Storage
Interior Amenities: Unfurnished
Appliances Included: Free-Standing Range; Refrigerator; Microwave; Washer/Dryer
Heating: Individual; Central; Window/Wall Unit(s); 2 or More Units
Cooling: Window/Wall Unit; Individual; Central Air; 2 or More Units
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: APS; Individual Meter
Gas: SW Gas; Individual Meter
Parking Features: >1 Space Per Unit; Paved
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Gas
Source of Fincl Data: Owner
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional
Environmental: None
Listing Office: HomeSmart
Last Updated: April - 20 - 2025
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