515 W 2nd Street, Tempe, AZ 85281

Local realty services provided by:CENTURY 21 Toma Partners
515 W 2nd Street,Tempe, AZ 85281
$650,000
  • 3 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jared a english888-881-4118
Office: congress realty, inc.
MLS#:7062358
Source:ARMLS

Price summary

  • Price:$650,000

About this home

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. Seller Will Consider buyer closing cost concessions.

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Home facts

  • Year built:1955
  • Subdivision & Development:STATE PLAT NO 12 AMD
  • Listing ID #:7062358
  • Updated:August 05, 2026 at 03:28 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Flooring:Concrete, Tile

Heating and cooling

  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1955
  • Construction Materials:Block, Painted

Schools

  • High school:Tempe High School
  • Elementary school:Scales Technology Academy

Utilities

  • Water:Master Meter

Finances and disclosures

  • Price:$650,000
  • Tax amount:$1,468 (2025)

Parking

  • Total parking spaces:5
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. ARMLS Member Broker: Benjamin Toma