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Listing provided courtesy of R.O.I. Properties- MLS# 7036697MLS Provider

1214 S FARMER AvenueTempe, AZ 85281

Multi-Family
$1,490,000 Active

1214 S FARMER Avenue Overview

Time on Site:
27 days
Visits:
0

The property consists of seven units, across two buildings. The front building is a single story triplex, while the rear building is a two story loft style fourplex. The property is extremely well located, being just west of ASU's Tempe Campus. The unit mix is unknown, however two tenants are long term and five are short term.

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1214 S FARMER Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: Tempe Union High School District
  • Elementary School: Holdeman Elementary School
  • Middle Or Junior School: Geneva Epps Mosley Middle School
  • High School: Tempe High School

Income/Expenses

  • Operating Expense: 2248.0

Building Information

  • Year Built: 1947

Location/Region

  • Country: US
  • County Or Parish: Maricopa
  • Postal City: Tempe
  • Subdivision Name: STATE COLLEGE HOMES LOTS 41-48
  • Township: 1N

Community/Development

  • Community Features: Other,See Remarks

Tax Information

  • Tax Annual Amount: $2,248.00
  • Tax Year: 2025

General Information

  • Disclosures: None
  • Listing Terms: Conventional,1031 Exchange
  • Ownership: Fee Simple
  • Parcel Number: 124-70-025
  • Property Type: Multiple Dwellings
  • Zoning: R-3

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Electric: APS,Individual Meter
  • Flooring: Other,Carpet,Ceramic Tile,Vinyl

Exterior

Parking Information

  • Open Parking Spaces: 3.0
  • Parking Features: 1 Space/Unit

Lot Information

  • Additional Parcels: false
  • Lot Size Dimensions: 9500
  • Number Of Buildings: 2
  • Road Surface Type: Asphalt
  • Water Source: City Franchise

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Stucco,Block
  • Roof: Composition,Foam

General Information

  • Covered Spaces: 4.0
  • Number Of Units Total: 7
  • Sewer: Public Sewer

1214 S FARMER Avenue Neighborhood

Community

85281 (TEMPE) Demographics

25
Median Age
5,130
Population Density (per sq. mile)
50%
College Educated
$42,545
Estimated Median Income
5,503
Estimated Total Home Owners
20,386
Estimated Total Renters
21% / 79%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1214 S FARMER Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1214 S FARMER Avenue Market Data

Based on the last 30 days in this zip code

$566,243
Average List Price
$387
Average Price per Square Foot
18
Properties Sold
80
Average Days on Market
149
Properties for Sale
Calculations provided by Reliance Network

1214 S FARMER Avenue History

Date Event Value Agent
6/3/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
June 03, 2026