115 W BROADWAY Road, Tempe, AZ 85282

$925,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $925,000 Last Modified: 7/10/2026

Overview

Description

INVESTMENT OPPORTUNITY CLOSE TO ASU! **DRIVE BY ONLY** **DO NOT DISTURB TENANTS** **VIEWING ONLY AFTER ACCEPTED CONTRACT** 5 UNITS TOTAL... FOUR 1 BEDROOM, 1 BATHROOM PLUS A STUDIO. COMMUNITY LAUNDRY ROOM (WASHER & DRYER ARE LEASED MONTH TO MONTH.

Listing Details MLS# 6347107

Location, Tax & Legal

Map Code/Grid
R37
House Number
115
Compass
W
Street Name
BROADWAY
St Suffix
Road
City/Town Code
Tempe
State/Province
AZ
Zip Code
85282
Zip4
1314
Country
US
County Code
Maricopa
Subdivision
DATE PALM MANOR AMD
Assessor Number
133-20-007
Tax Year
2021
Assessor's Map #
20
Legal Description (Abbrev)
LOT 7 DATE PALM MANOR AMD MCR 005908
Assessor's Parcel #
7
Add'l Parcels
No
Tax Municipality
Tempe
Census Tract
319600
Taxes
2851
Legal
LOT 7 DATE PALM MANOR AMD MCR 005908
Marketing Name
N/A

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
7584 SQ FT
Year Built
1959
Uncvrd Parking Spcs
5
Total # of Units
5
# of Buildings
Yes
Zoning
R-3
Flood Zone
TBD
Elementary School District
Tempe Elementary School District
High School District
Tempe Union High School District
High School
Tempe High School

Status Change Info

Off Market Date
2022-03-28
Under Contract Date
2022-02-10
Close of Escrow Date
2022-03-31

Legal Info

Township
1N
Range
4E
Section
27
Lot Number
7

More Information

Efficiency Units

# Efficiency Units
Yes
Avg Rent
1000
Avg SqFt
500
# Baths
Yes

1 Bedroom Units

# 1 Bedroom Units
4
Avg Rent
1000
Avg SqFt
500
# Baths
Yes

Sold Info

Loan Type
Conventional
Loan Years
30
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

5 - 12 Units
Yes

Construction

Other
Yes

Const - Finish

Painted
Yes

Roofing

Composition
Yes

Floors

Ceramic Tile
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
2851
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Pmt & Rate Info

Equity
875000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Showing Notification Methods

Text
Yes
Email
Yes
Phone Call
Yes

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Window/Wall Unit(s)
Yes

Cooling

Window/Wall Unit
Yes

Tenant Pays

Gas
Yes
Water
Yes
Sewer
Yes
Electricity
Yes
Trash Collection
Yes

Appliances Included

None
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

1 Space/Unit
Yes

Electric

SRP
Yes

Gas

SW Gas
Yes

Owner Pays

None
Yes

New Financing

Conventional
Yes
Owner May Carry
Yes
Wraparound
Yes
1031 Exchange
Yes

Existing 1st Loan

Conventional
Yes

Existing 1st Loan Terms

Non Assumable
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

None
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

2 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: 5 - 12 Units Construction: Other Const - Finish: Painted Roofing: Composition Floors: Ceramic Tile Sale Includes: Land & Building Community Features: No Pool Appliances Included: None Heating: Window/Wall Unit(s) Cooling: Window/Wall Unit Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: SW Gas Parking Features: 1 Space/Unit Road Surface Type: Asphalt Owner Pays: None Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection Source of Fincl Data: Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Existing 1st Loan: Conventional Existing 1st Loan Terms: Non Assumable Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional; Owner May Carry; Wraparound; 1031 Exchange Environmental: None
IDX
Listing Office: Keller Williams Realty Sonoran Living
Last Updated: July - 10 - 2026
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