515 W 2nd Street, Tempe, AZ 85281
- $650,000
- 3
- BD
- 3
- BA
- List Price
- $650,000
- Days on Market
- 0
- Status
- ACTIVE
- MLS#
- 7062358
- City
- Tempe
- Bedrooms
- 3
- Bathrooms
- 3
- Subdivision
- State Plat No 12 Amd
- Year Built
- 1955
Property Description
Downtown Tempe Triplex. Genuinely close to Valley Metro Light Rail, Town Lake, Tempe Streetcar, and Arizona State University. Neighboring Mill Avenue dining, shopping, and entertainment. Well-cared-for, low-maintenance building that speaks to the rarity and desirability of a multifamily property in this location. New roof 2024; 2 new A/C units and 3 new tankless smart water heaters installed in 2026. Suitable for an investor or owner-occupants looking to live in one unit while generating rental income from the other two.
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Additional Information
- Elementary School
- Scales Technology Academy
- High School
- Tempe High School
- Community Features
- No Pool
- Construction
- Block, Painted
- Cooling
- Central Air
- Electric
- APS
- Heating
- Central
- New Financing
- FHA, Conventional, Cash
- Parking Features
- Off Street
- Roofing
- Composition, Foam
- Subdivision
- State Plat No 12 Amd
- Taxes
- $1,468
- Tax Year
- 2025
- Tenant Pays
- Electricity, Gas
- Units
- 3
- Water
- Master Meter
- Zoning
- R3
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Listing courtesy of Congress Realty, Inc..
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.