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Sold on 02/09/2024

121 W 10th St, Tempe, AZ 85281

  • $2,450,000

    Last sold 02/09/2024 after 125 Days

  • 8

    bed

  • 6

    bath

Multi-family not for sale
11 homes bought nearby with Movoto recently

About 121 W 10th St

Property type Multi-family
Neighborhood
Year built 1977
HOA fee $0/month
Property description
The 10th & Ash Place Subdivision is a unique development with 4 quality constructed, fully renovated patio homes with private fenced backyards. Prime location right in the center of Tempe's iconic Maple-Ash historic district and within walking distance to ASU, Gammage Theatre, & Mill Avenue. The subdivided property has a total land area of 130' x 146' (measures explicitly to a total footprint of 18,918-SqFt, or 0.44-Acres,) making this property an excellent value add or redevelopment opportunity, especially considering the popular, scarcely available location. The plat equips enough space for additional development to add units or redevelop the lot. The property includes an undeveloped 35' x 146' land area that can be split into its own residential lot for development.
Listed by
Listing Agent - Caleb Williams
Listing Agent Contact: 4802430795
Listing Office - HomeSmart
Source: ARMLS mls logo
MLS#6615107 • last updated 2 years ago
Movoto checked ARMLS for data 6 minutes ago
Overview
MLS # 6615107
Type Multiple Dwellings
Status Closed
Property Tax 5729
Year Built 1977
Interior
Exterior
Roof See Remarks, Foam
Construction See Remarks, Painted, Block
# of Parking Spaces 16
Parking Paved Parking, Assigned, Add'l Parking Avail, <1 Space Per Unit, Common
# of Open Parking Spaces 12
# of Covered Spaces 4
Amenities / Utilities
Water Source City Franchise, Submetered System
Sewer/Septic Public Sewer
Location
Subdivision 10th & Ash Place Condos
Community Features See Remarks
Elementary School Holdeman Elementary School
Elementary School District Tempe Elementary School District
Middle School Geneva Epps Mosley Middle School
High School District Tempe Union High School District
High School Tempe High School
APN 132-45-133
Zoning [R-2] Multi-Fam
Directions Complex Is On The S.E. Corner Of Ash Ave & 10th St. | From Mill Ave: Go West Approximately 500-feet On 10th Street | From University: South On Ash Avenue 900' To Property
Multifamily Details
Total # of Units 4
Expense: Operating 22729
Financial Data Source Other (See Remarks), Owner, Projected Proforma
Expense: Maintenance 2280
Vacancy Allowance 0.07
Expense: Insurance 3000
Net Operating Income 178931
Gross Income 212040
Expense: Electric 3600
Expense: Other 3080
Expense: Water/Sewer 2040
Gross Scheduled Income 228000
Expense: Gardener 3000
Lot/ Land Details
Road Surface Asphalt, Concrete, Curb(s) & Gutter(s), Sidewalk(s)
We are not permitted to show value estimates for this property.
  • Feb 2024
    mls logo MLS # 6615107
  • Feb 9, 2024 Sold
    —
  • Feb 1, 2024 Active
    —
  • Jan 29, 2024 Pending
    —
  • Jan 9, 2024 Sold
    $2,450,000 (-5.6%)
  • Dec 4, 2023 Pending
    —
  • Oct 7, 2023 Listed
    $2,595,000 (+548.8%)
  • Feb 2022
    Public Records
  • Feb 1, 2022 Sold
    $400,000 (-77.1%)
  • Sep 2021
    mls logo MLS # 6299734
  • Sep 28, 2021 Listed
    $1,750,000 (+640.0%)
  • Jan 2019
    mls logo MLS # 5862823
  • Jan 8, 2019 Sold
    $236,500 (-1.0%)
  • Jan 3, 2019 Pending
    —
  • Jan 3, 2019 Listed
    $239,000
  • 121 W 10th St
    $2.45M
  • Maple Ash
    — -100% y/y
  • 85281
    $450K -8% y/y
  • Tempe
    $491K -2% y/y
No chart available
Statistics calculated by Movoto

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2/10
Holdeman Elementary School
public Grades PK, K-5
Tempe School District
2/10
Geneva Epps Mosley Middle School
public Grades 6-8
Tempe School District
4/10
Tempe High School
public Grades 9-12
Tempe Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • AZ
  • Maricopa County
  • Tempe
  • 85281
  • Maple Ash
  • 121 W 10th St
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