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Sold on 01/27/2016
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625 E Broadway Rd, Tempe, AZ 85282

  • $555,000

    Last sold 01/27/2016 after 126 Days

  • 12

    bed

  • 8

    bath

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

About 625 E Broadway Rd

Property type Multi-family
Neighborhood
Year built 1960
HOA fee $0/month
Property 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.
Listed by
Listing Agent - Katie Atkison
Listing Office - Russ Lyon Sotheby's International Realty
Source: ARMLS mls logo
MLS#5338444 • last updated 2 years ago
Movoto checked ARMLS for data 6 minutes ago
Overview
Cooling/AC Electric
Heating Electric
MLS # 5338444
Type Multiple Dwellings
Status Closed
Property Tax 3405
Year Built 1960
Interior
Flooring Ceramic Tile
Appliances Built-In Range, Free-Standing Range, Refrigerator
Exterior
Roof Composition
Construction Painted, Block
Parking 1 Space/Unit, Carport
# of Covered Spaces 8
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision 8-Plex In Tempe
Community Features No Pool
Elementary School District Tempe Elementary School District
APN 133-25-118
Zoning R-3
Directions West To Property On The South Side Of Broadway At Granada.
Multifamily Details
Total # of Units 8
Financial Data Source Owner
Expense: Maintenance 1500
Expense: Insurance 860
Net Operating Income 50875
Gross Income 60000
Expense: Electric 3300
Expense: Other 600
Gross Scheduled Income 57600
Expense: Gardener 960
We are not permitted to show value estimates for this property.
  • Aug 2020
    mls logo MLS # 5338444
  • Aug 18, 2020 Sold
    $555,000 (-1.8%)
  • Aug 18, 2020 Price Change
    $565,000 (+158.0%)
  • Sep 23, 2015 Listed
    —
  • Dec 2002
    Public Records
  • Dec 30, 2002 Sold
    $219,000
  • 625 E Broadway Rd
    $555K
  • Broadmor
    — -100% y/y
  • 85282
    $449K -5% y/y
  • Tempe
    $489K -2% y/y
No chart available
Statistics calculated by Movoto

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6/10
Broadmor Elementary School
public Grades K-5
Tempe School District
4/10
Connolly 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
  • 85282
  • Broadmor
  • 625 E Broadway Rd
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