625 East Broadway Road

Closed 1/25/16
Closed 1/25/16
Photo_Broadway
Sold
Last Sold Price
$555,000

625 E Broadway Rd, Tempe, AZ 85282

Multi FamilyProperty Type
0.39 acresLot Size
1960Year Built
8 carsParking Spaces

Description

Great opportunity to own (2) fourplexes close to downtown Tempe and ASU. Great freeway access. Both parcels must be sold together. Units are presently fully occupied. Several with long term leases.Great opportunity to own (2) fourplexes close to downtown Tempe and ASU. Great freeway access. Both parcels must be sold together. Units are presently fully occupied. Several with long term leases.
  • Listed by: Katie Atkison 480.488.2400 katieatkison@gmail.com Brokerage DRE #LC646682001 • Russ Lyon Sotheby's International Realty
Listing closed: 01/25/2016 12:00 AM • Source: ARMLS, MLS#: 5338444
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Location

Listing Courtesy of Russ Lyon Sotheby's International Realty

Sold By Russ Lyon Sotheby's International Realty

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$4,747 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,963

Property Taxes

$284

HOA Dues

$1,500

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Property Information for 625 East Broadway Road

Property Details

  • Taxes: $3,405 / year
  • Condo/Co-op Fees: $1,500 / month
  • MLS Type: Multiple Dwellings
  • County: Maricopa County
  • Subdivision Name: 8-Plex in Tempe
  • View YN: No
  • Zoning: R-3

Building Information

  • Residences: 8
  • Year Built: 1960
  • Lot Size: 0.39 AC / 17,163 SF

Summary

Location and General Information
  • Unparsed Address: 625 E BROADWAY Road, Tempe, AZ 85282
  • City: Tempe
  • Coordinates: -111.928232, 33.407282
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: Broadway & Rural
  • Directions: West to Property on the South side of Broadway at Granada.
  • Latitude: 33.407282
  • Longitude: -111.928232
  • Map Coordinate: R37
  • Postal City: Tempe
  • Postal Code: 85282
  • Postal Code Plus4: 1412
  • State Or Province: AZ
  • Street Suffix: Road
  • Year Built: 1,960
Taxes and HOA
  • Tax Annual Amount: $3,405.00
  • Tax Book Number: 133.00
  • Tax Legal Description: COM AT NW COR OF E2 NE4 NE4 TH S 40' TO TRUE POB TH S 74' TH E 120' TH N 61' TH ALG CURVE TO LEFT TO
  • Tax Lot: 0
  • Tax Year: 2,014
Parking
  • Covered Spaces: 8
  • Garage YN: No
  • Open Parking Spaces: 0
  • Parking Features: 1 Space/Unit, Common
  • Parking Total: 8
School Information
  • Elementary School District: Tempe Elementary School District

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: 121.89 x 140.81
  • Lot Size Square Feet: 0.0
Property and Assessments
  • Disclosures: Seller Prop Disc Stm
  • Documents Count: 0
  • Ownership: Fee Simple
  • Parcel Number: 13325118
  • Property Type: Multiple Dwellings
  • Public Survey Range: 4E
  • Public Survey Section: 27
  • Public Survey Township: 1N
  • Road Surface Type: Asphalt
Utilities
  • Electric: SRP
  • Electric Expense: $3,300.00
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Trash Expense: $.00
  • Water Sewer Expense: $.00
  • Water Source: City Franchise

Interior and Exterior Features

Exterior Features
  • Community Features: No Pool
  • Construction Materials: Painted, Block
  • Number Of Buildings: 3
  • Number Of Units Total: 8
  • Roof: Composition
Interior Features
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Integer: 0
  • Cooling: Electric
  • Cooling YN: Yes
  • Flooring: Ceramic Tile
  • Heating: Electric
  • Heating YN: Yes

Multi Family

Income & Expenses
  • Fuel Expense: $.00
  • Gardner Expense: $960.00
  • Gross Income: $60,000.00
  • Gross Scheduled Income: $57,600.00
  • Insurance Expense: $860.00
  • Maintenance Expense: $1,500.00
  • Net Operating Income: $50,875.00
  • Other Expense: $600.00
  • Professional Management Expense: $.00

Rental

Rent Information
  • Tenant Pays: Electricity, Cable TV

Property History for 625 East Broadway Road

DateEvent & SourcePriceAppreciation
Jan 25, 2016

Sold

ARMLS #5338444

$555,000—
Dec 28, 2015

Sold (Public Record)

Public Record #1064768409

$605,000

+38.8% / yr

Sep 23, 2015

Pending

ARMLS #5338444

—
DateEvent & SourcePrice
01/25/2016

Sold

ARMLS #5338444

$555,000
12/28/2015

Sold (Public Record)

Public Record #1064768409

$605,000

+38.8% / yr

09/23/2015

Pending

ARMLS #5338444

—

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

Public Records for 625 East Broadway Road

Taxable Value

Land

-

Additions

-
Total-

Tax Record

2025

$2,136 ($178 / month)

Home Facts

Total Finished SqFt

1,418 SqFt

Above Grade Finished SqFt

1,418 SqFt

Stories

1

Lot Size

9,148 SqFt

Style

Duplex

Year Built

1960

Zoning

R-3

County

MARICOPA

APN

133-25-118

Schools near 625 East Broadway Road

This home is within Tempe Union High School District.
Rating
School
Type
Grades
Distance
Broadmor Elementary School
Public - K to 5
Connolly Middle School
Public - 6 to 8
Tempe High School
Public - 9 to 12
Tempe Elementary Online Community
Public - K to 8
Rating
School
Distance
Broadmor Elementary School
PublicK to 5

Connolly Middle School
Public6 to 8

Tempe High School
Public9 to 12

Tempe Elementary Online Community
PublicK to 8

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 625 East Broadway Road, Tempe, AZ 85282
$555,000
–
–
–
17,163
625 West Broadway Road, Tempe, AZ 85282
$605,000
–
–
2,112
8,015
605 East Broadway Road, Tempe, AZ 85282
–
–
–
992
9,734
2012 South Granada Drive, Tempe, AZ 85282
$535,000
–
–
–
95,400
707 East Broadway Road, Tempe, AZ 85282
–
–
–
–
33,280
605 West Broadway Road, Tempe, AZ 85282
$320,000
–
–
–
9,734

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Russ Lyon Sotheby's International Realty

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© 2026 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.