Movoto Real Estate
Sold on 10/28/2020

1917 E Broadway Rd, Tempe, AZ 85282

  • $4,975,000

    Last sold 10/28/2020 after 274 Days

  • 48

    bed

  • 27

    bath

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

About 1917 E Broadway Rd

Property type Multi-family
Year built 1963
HOA fee $0/month
Property description
Situated along the frontage of Broadway Road in the heart of Tempe and the southeast valley of Metro Phoenix, The Harlow presents a rare opportunity to acquire a low-density 27-unit, completely renovated, luxury one- and two-story apartment community that provides today's renters with a truly unique rental experience. Built in 1963 using block construction, The Harlow consists of 20,550 square feet of rental space with an 761 square foot per unit average. The property is individually metered for utilities with (19) two-bedroom townhouse style units, (2) two-bedroom/two-bathroom units and (6) one-bedroom/one-bathroom units. Each townhouse apartment has an open concept floor plan with expansive nine-foot ceilings, quartz countertops, stainless steel appliances, custom cabinetry, full-size side-by-side washers and dryers, wood plank flooring throughout, designer paint, and many other luxury home touches.The extensive property renovations include all new roofs, dual-pane doors and windows. Other amenities include: ample parking, secure community with code entry gates, enclosed dog park and swimming pools.The property also enjoys an onsite management office allowing for convenient coordination with current and prospective tenants.
Listed by
Listing Agent - Royce S Munroe
Listing Office - ABI Multifamily
Source: ARMLS mls logo
MLS#6029583 • last updated 1 year ago
Movoto checked ARMLS for data 11 minutes ago
Overview
Cooling/AC Electric
Heating Electric
MLS # 6029583
Type Multiple Dwellings
Status Closed
Property Tax 15012
Year Built 1963
Interior
Flooring Vinyl
Appliances Free-Standing Range, Trash Compactor, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Exterior
Roof Composition
Construction Wood Frame, Painted, Stucco, Block
Parking >1 Space Per Unit
# of Open Parking Spaces 40
# of Covered Spaces 1
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Community Features Manager Res/Office, Pool
Elementary School District Tempe Elementary School District
High School District Tempe Union High School District
APN 133-51-067-B
Zoning MF
Directions East To Property.
Multifamily Details
Total # of Units 27
Expense: Operating 83944
Financial Data Source Owner
Expense: Maintenance 6750
Vacancy Allowance 0.05
Expense: Insurance 3564
Net Operating Income 323972
Gross Income 420925.05
Expense: Electric 2400
Expense: Other 1212
Expense: Trash 2400
Expense: Professional Management 24475
Expense: Water/Sewer 11981
Gross Scheduled Income 399540
Expense: Gardener 4000
We are not permitted to show value estimates for this property.
  • Oct 2020
    mls logo MLS # 6029583
  • Oct 28, 2020 Sold
    $4,975,000 (-5.7%)
  • Sep 30, 2020 Pending
  • Jun 15, 2020 Listed
    $5,275,000
  • 1917 E Broadway Rd
    $4.97M
  • $499K
  • 85282
    $450K -5% y/y
  • Tempe
    $492K -2% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • AZ
  • Maricopa County
  • Tempe
  • 85282
  • 1917 E Broadway Rd
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