1433 S KENNETH Place, Tempe, AZ 85281

$1,350,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $1,350,000 Last Modified: 2/05/2026

Description

Two 4-Plex buildings. All 8 units are 2-bedroom, 1-bath. Investment opportunity close to ASU! **DRIVE BY ONLY** **DO NOT DISTURB TENANTS** **VIEWING ONLY AFTER ACCEPTED CONTRACT**

More Information MLS# 6007404

Contract Info

Ownership: Fee Simple Current Price: $1,350,000 Sold Price: $1,350,000 Status: Closed List Date: 2019-11-21

Location, Tax & Legal

Assessor's Map #: 9 Legal Description (Abbrev): KENNETH PL LOT 4 N 87' Assessor's Parcel #: 43 Assessor Parcel Ltr: B Add'l Parcels: No Tax Municipality: Tempe Census Tract: 319104 Taxes: 3191 Legal: KENNETH PL LOT 4 N 87' Marketing Name: Kenneth Place Map Code/Grid: R37 House Number: 1433 Compass: S Street Name: KENNETH St Suffix: Place City/Town Code: Tempe State/Province: AZ Zip Code: 85281 Zip4: 7003 County Code: Maricopa Subdivision: KENNETH PLACE Assessor Number: 133-09-043-B Tax Year: 2020

General Property Description

# of Buildings: 2 Uncvrd Parking Spcs: 8 Lot Size Dimensions: 89x153 (13,398 sq ft) Total # of Units: 8 Elementary School District: Tempe Elementary School District High School District: Tempe Union High School District Elementary School: Curry Elementary School Jr. High School: Connolly Middle School High School: McClintock High School Year Built: 1960 Zoning: R-4

Legal Info

Range: 4E Section: 23 Township: 1N Lot Number: 4

Project Type

Four Plex: 1 5 - 12 Units: 1

Construction

Block: 1 Wood Frame: 1

Const - Finish

Painted: 1

Roofing

Other: 1

Floors

Other: 1

Sale Includes

Land & Building: 1

Income & Expenses

Annual Elec Exp: 0 Annual Gas Exp: 0 Annual Ins Exp: 0 Annual Land Lse Exp: 0 Annual Landscape Exp: 0 Annual Legal & Acctg: 0 Annual Maint Exp: 0 Annual Mgmt Exp: 0 Annual Trash Exp: 0 Annual Wtr/Swr Exp: 0 Owner Association: No Annual Ownr Asoc Fee: 0 Annual PAD Fee: 0 Annual Rplcmnt Rsrvs: 0 Annual Other Expense: 0 Operating Exp: 3191 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0

Pmt & Rate Info

Down Payment: 0 Equity: 1300000 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0 Assessment Balance: 0

Showing Notification Methods

Text: 1 Email: 1 Phone Call: 1

Lockbox Type

None: 1

Community Features

No Pool: 1

Heating

Electric: 1 Natural Gas: 1

Cooling

Individual: 1

Tenant Pays

Gas: 1 Water: 1 Sewer: 1 Electricity: 1 Trash Collection: 1 Cable TV: 1

Appliances Included

None: 1

Road Surface Type

Dirt: 1 Gravel: 1

Source of Fincl Data

Unknown: 1

Water Source

Individual Meter: 1

Sewer

Sewer - Public: 1

Parking Features

>1 Space Per Unit: 1

Electric

SRP: 1

Gas

SW Gas: 1

Owner Pays

None: 1

New Financing

Conventional: 1 Owner May Carry: 1 Wraparound: 1 1031 Exchange: 1

Existing 1st Loan

Conventional: 1

Existing 1st Loan Type

Not Applicable: 1

Existing 1st Loan Terms

Non Assumable: 1

Existing 2nd Loan

Treat as Free&Clear: 1

Existing 2nd Loan Type

Not Applicable: 1

Existing 2nd Loan Terms

Not Applicable: 1

Existing 3rd Loan

Treat as Free&Clear: 1

Existing 3rd Loan Type

Not Applicable: 1

Reports/Disclosures

None: 1

Existing 3rd Loan Terms

Not Applicable: 1

Environmental

None: 1

Existing Othr Ln Trm

Not Applicable: 1

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

# 2 Bedroom Units: 8 Avg Rent: 900 Avg SqFt: 605 # Baths: 1

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Sold Info

Loan Type: Cash Closing Cost Split: Normal - N Payment Type: Other Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: Rural & Apache Directions: South On Rural, east on Spence, south on Kenneth. Geo Lat: 33.41163 Geo Lon: -111.917953

Status Change Info

Off Market Date: 2021-09-14 Under Contract Date: 2021-09-13 Close of Escrow Date: 2021-09-29 Sold Price: $1,350,000

Property Features

Project Type: Four Plex; 5 - 12 Units Construction: Block; Wood Frame Const - Finish: Painted Roofing: Other Floors: Other Sale Includes: Land & Building Community Features: No Pool Appliances Included: None Heating: Natural Gas Cooling: Individual Water Source: Individual Meter Sewer: Sewer - Public Electric: SRP Gas: SW Gas Parking Features: >1 Space Per Unit Road Surface Type: Gravel; Dirt Owner Pays: None Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Cable TV Source of Fincl Data: Unknown Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Existing 1st Loan: Conventional Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Non Assumable Existing 2nd Loan: Treat as Free&Clear 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
Listing Office: Keller Williams Realty Sonoran Living
IDX
Last Updated: February - 05 - 2026
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