1234 S Farmer Ave

$949,995
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Incredible triplex in the heart of downtown Tempe—just a stone's throw from ASU! This well-maintained 1950 build sits on the corner of 13th & Farmer and includes two 2BR/1BA units (~900 sq ft each) and one ~600 sq ft studio. All three units are leased through July 2026, offering strong in-place cash flow. Updates include newer A/C units, a roof under 10 years old, and long-term ownership since 1996. Each unit has private access, with 410 W 13th featuring its own separate entrance. Prime walkable...Incredible triplex in the heart of downtown Tempe—just a stone's throw from ASU! This well-maintained 1950 build sits on the corner of 13th & Farmer and includes two 2BR/1BA units (~900 sq ft each) and one ~600 sq ft studio. All three units are leased through July 2026, offering strong in-place cash flow. Updates include newer A/C units, a roof under 10 years old, and long-term ownership since 1996. Each unit has private access, with 410 W 13th featuring its own separate entrance. Prime walkable location near campus, Mill Ave, and Tempe Town Lake!
  1. Listed by Alan Kittelman • Brokerage DRE #LC641154000 • Venture REI, LLC
    P: (602)-820-8164 C: (602)-820-8164 alan@rezamp.com

Property Details for 1234 South Farmer Avenue

Subdivision Name
STATE COLLEGE HOMES LOTS 41-48
View YN
No
Zoning
R3
LISTING UPDATED: 07/01/2025 04:13 PM

Property Details for 1234 South Farmer Avenue

StatusActive
MLS #6887472
Days on Market173
Taxes$1,979 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMultiple Dwellings
Year Built1950
Lot Size0.16 AC / 7,000 SF
CountyMaricopa County

Location

Listing Courtesy of Venture REI, LLC
Add your commute

Building Information for 1234 South Farmer Avenue

Stories-Residences3Year Built1950Building Size-Lot Size0.16 AC / 7,000 SF

Payment Calculator

$4,859 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,694

Property Taxes

$165

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1234 South Farmer Avenue

Summary
Location and General Information
  • Unparsed Address: 1234 S FARMER Avenue, Tempe, AZ 85281
  • City: Tempe
  • Coordinates: -111.944581, 33.41494
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: 13th St & Mill Ave
  • Directions: West on 13th St / Right on Farmer. Home is on the corner of 13th and Farmer.
  • Latitude: 33.41494
  • Longitude: -111.944581
  • Postal City: Tempe
  • Postal Code: 85281
  • Postal Code Plus4: 5782
  • State Or Province: AZ
  • Street Suffix: Avenue
  • Year Built: 1,950
Taxes and HOA
  • Tax Annual Amount: $1,979.00
  • Tax Book Number: 124.00
  • Tax Legal Description: STATE COLLEGE HOMES MCR 36/20 N 31.5F OF E 7F OF E 60F OF W 120F OF LOTS 7 & 8
  • Tax Lot: 7
  • Tax Parcel Letter: B
  • Tax Year: 2,024
Parking
  • Covered Spaces: 3
  • Garage YN: No
  • Open Parking Spaces: 3
  • Open Parking YN: Yes
  • Parking Features: 1 Space/Unit
  • Parking Total: 6
School Information
  • Elementary School: Holdeman Elementary School
  • Elementary School District: Tempe School District
  • High School: Tempe High School
  • High School District: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School
Property
Lot Information
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Lot Size Acres: 0.0
  • Lot Size Area: 0.0
  • Lot Size Dimensions: 100 x 70
  • Lot Size Square Feet: 0.0
Property and Assessments
  • Disclosures: None
  • Documents Change Timestamp: 07-01-2025 04:10:23 PM
  • Documents Count: 0
  • Ownership: Fee Simple
  • Parcel Number: 12470031B
  • Property Type: Multiple Dwellings
  • Public Survey Range: 4E
  • Public Survey Section: 21
  • Public Survey Township: 1N
  • Road Surface Type: Asphalt, Sidewalk(s)
Utilities
  • Electric: SRP
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Water Source: City Franchise
Interior and Exterior Features
Exterior Features
  • Community Features: No Pool
  • Construction Materials: Painted, Block
  • Number Of Buildings: 1
  • Number Of Units Total: 3
  • Roof: Composition
Interior Features
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Integer: 0
  • Cooling: Central Air, Ceiling Fan(s), Window/Wall Unit, Electric
  • Cooling YN: Yes
  • Flooring: Ceramic Tile, Concrete
  • Heating: Electric
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Gross Income: $45,600.00
  • Gross Scheduled Income: $45,600.00
  • Net Operating Income: $38,906.80
  • Operating Expense: $1,979.00

Property History for 1234 South Farmer Avenue

DateEvent & SourcePriceAppreciation
Jun 30, 2025

Listed (Active)

ARMLS #6887472

$949,995
DateEvent & SourcePrice
06/30/2025

Listed (Active)

ARMLS #6887472

$949,995

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1234 South Farmer Avenue

Taxable ValueLand-Additions-Total-
Tax Record2025$14 ($1 / month)
Home Facts
Lot Size290 SqFtStyleMiscellaneous CommercialZoningR-3CountyMARICOPAAPN124-70-031B

Schools near 1234 South Farmer Avenue

This home is within Tempe Union High School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Holdeman Elementary School
PublicPK to 5

Geneva Epps Mosley Middle School
Public6 to 8

Tempe High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1234 South Farmer Avenue is a multi-family home for sale in Tempe, AZ 85281. This property was listed for sale on June 30, 2025 by Venture REI, LLC, it's currently listed at $949,995. This listing's school districts are Tempe Union High School District, Tempe School District. Nearby schools include Holdeman Elementary School, Geneva Epps Mosley Middle School and Tempe High School. 1234 South Farmer Avenue is a 0-bed, 0-bath, multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Venture REI, LLC

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright© 2025 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.