908 S Mariana Street, Tempe, AZ 85281
- $750,000
- 4
- BD
- 4
- BA
- List Price
- $750,000
- Status
- ACTIVE
- Days on Market
- 1
- MLS#
- 7071735
- City
- Tempe
- Bedrooms
- 4
- Bathrooms
- 4
- Year Built
- 1959
Property Description
Four on Mariana is a well-maintained four-unit residential investment property located in central Tempe, Arizona. The property consists of four 1- bedroom/1-bathroom units, each approximately 480 SF (1,920 SF total), situated on the end lot of a cul-de-sac with four covered parking spaces and a seller-owned coin laundry on-site. The location is a key asset -- within walking distance of the Arizona State University Tempe campus and minutes from the Novus Innovation Corridor and major highways, driving consistent tenant demand and historically low vacancy. Tenants enjoy exceptional connectivity with minutes-away access to major highways. This is not just a stable investment, it's an opportunity for growth. Current market analysis indiscated room to increase rents allowing for larger re
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Additional Information
- Taxes
- $1,412
- Net Operating Income
- $38,433
- Units
- 4
- Parking Features
- Paved, Carport, Assigned, Off Street
- Construction
- Block, Painted
- Roofing
- Built-Up
- Cooling
- Central Air
- Heating
- Other, Central, See Remarks
- Zoning
- R-3
- Exterior Features
- Sidewalk(s)
- Subdivision
- Mariana Park I
- Community Features
- No Pool
- Electric
- APS
- Water
- City Franchise
- Sewer
- Sewer-In & Connected
- Tenant Pays
- Electricity
- New Financing
- VA Loan, FHA, Conventional, 1031 Exchange, No Carry, Cash
- High School
- McClintock High School
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