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Sold on 01/30/2014

2082 E Apache Blvd, Tempe, AZ 85281

  • $399,999

    Last sold 01/30/2014 after 52 Days

  • 13

    bed

  • 10

    bath

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

About 2082 E Apache Blvd

Property type Multi-family
Neighborhood
Year built 1940
HOA fee $0/month
Property description
Great opportunity for investors in the heart of Tempe's Rredevelopment District near ASU and new apartment construction. 8 units for $399 w/property taxes of $1000.00 per year? This is the deal your investor is seeking. Elderly gentlemen has owned and managed since 1983 and he's retiring. Rents = stable and ready to be increased to make this an even better OPP. All cash on this buy gives investor a better than 10% return (includes depreciation). All units are rented and there is no maintenance needed. Just start collecting checks or live in the 3 bed house up front for free and cash flow the property. RARE opp for immediate cash flow rather than multi-family project that pays down the way. Land alone worth what Seller is asking. SMART investor understands this OPP right away!
Listed by
Listing Agent - Steven Tseffos
Listing Office - HomeSmart
Source: ARMLS mls logo
MLS#5040263 • last updated 1 year ago
Movoto checked ARMLS for data 3 minutes ago
Overview
Cooling/AC Electric, 2 Or More Units
Heating Individual, Natural Gas
MLS # 5040263
Type Multiple Dwellings
Status Closed
Property Tax 1000
Year Built 1940
Interior
Flooring Carpet, Ceramic Tile
Appliances Refrigerator, Washer/Dryer
Exterior
Roof Other, Composition, Rolled/Hot Mop
Construction Painted, Block
Parking Free, Add'l Parking Avail, Attached, Carport
# of Open Parking Spaces 10
# of Covered Spaces 5
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision Zella Vista, Light Rail Multi-family
Community Features No Pool
Elementary School The Learning Center Developmental Preschool
Elementary School District Tempe Elementary School District
High School District Tempe Union High School District
High School McClintock High School
APN 132-70-146
Zoning Residential
Directions West On Apache To Property
Multifamily Details
Total # of Units 8
Expense: Operating 6000
Financial Data Source Owner
Net Operating Income 40000
Expense: Other 5000
We are not permitted to show value estimates for this property.
  • Nov 2020
    mls logo MLS # 6132478
  • Nov 24, 2020 Listed
    —
  • Oct 6, 2020 Pending
    —
  • Sep 15, 2020 Listed
    $1,050,000
  • 2082 E Apache Blvd
    $399K
  • Apache
    $370K 0% y/y
  • 85281
    $459K -5% y/y
  • Tempe
    $487K -7% y/y
No chart available
Statistics calculated by Movoto

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

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  • 2082 E Apache Blvd
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