3673 S ROOSEVELT Street, Tempe, AZ 85282

$710,000

Property Type: Multiple Dwellings Bedrooms: 9 Baths: 5 Status: Closed

Current Price: $710,000 List Date: 12/19/2025 Last Modified: 5/05/2026

Overview

Description

Conveniently located in the heart of Tempe near ASU, this property delivers a rare and powerful investment opportunity with multiple income streams. The main home features 3 bedrooms, 2 bathrooms, and a 2 car garage, while TWO separate 2 bedroom 1 bath rental units provide dependable monthly income. You can rent all three units to maximize cash flow or live in the main home while collecting income from the rentals. Tempe's strong rental demand, large student population, and steady need for long term housing make this an exceptional investment. Sitting on a desirable corner lot with a private pool, easy freeway access, and a large park directly across the street, this property blends convenience, lifestyle, and long term profitability in one standout package.

Listing Details MLS# 6956838

Location, Tax & Legal

House Number: 3673
Compass: S
Street Name: ROOSEVELT
St Suffix: Street
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85282
Zip4: 4838
Country: US
County Code: Maricopa
Subdivision: LAGUNA ESTATES 2
Assessor Number: 123-45-143
Tax Year: 2025

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 87.30 x 120.45
Year Built: 1973
Uncvrd Parking Spcs: 2
Total # of Units: 3
# of Buildings: 3
Zoning: R-3R
Elementary School District: Tempe School District
High School District: Tempe Union High School District
Elementary School: Carminati School
Jr. High School: Geneva Epps Mosley Middle School
High School: Tempe High School

Remarks Misc

Cross Street: Manhatton Drive & W La Jolla Drive
Directions: From the I-10 head East on Southern to Roosevelt Road, turn left (South) and take that to W La Jolla Drive turn left (East) home is immediately on your left (Northside of road).

Status Change Info

Off Market Date: 2026-03-23
Under Contract Date: 2026-03-23
Close of Escrow Date: 2026-05-04

Legal Info

Township: 1N
Range: 4E
Section: 33
Lot Number: 10

More Information

Efficiency Units

# Efficiency Units: 2
Avg Rent: 1700
Avg SqFt: 750
# Baths: Yes

2 Bedroom Units

# 2 Bedroom Units: 2
Avg Rent: 2200
Avg SqFt: 750
# Baths: Yes

3 Bedrooms Units

# 3 Bedroom Units: Yes
Avg Rent: 1700
Avg SqFt: 1300
# Baths: Yes

Structure

Bedrooms Total: 9
Bathrooms Total: 5

Income Expenses

Gross Annual Sch Inc: 58800
Net Operating Income: 47604

Showing Notification Methods

Showing Service: Aligned Showings

Contact Info

List Agent Cell Phn2: 480-381-7173

Sold Info

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

Property Features

Project Type: Tri-Plex Other Type: House + Rental Units Construction: Brick Const - Finish: Brick Veneer Roofing: Composition Floors: Laminate; Tile; Carpet Sale Includes: Land & Building; Pool Equipment Community Features: Pool Exterior Amenities: Desert Landscaping; Rain Gutters; Cable TV Available; Sidewalk(s); Separate Storage Appliances Included: Free-Standing Electric Oven; Refrigerator; Dishwasher; Washer/Dryer; W/D Hookup Heating: Central Cooling: Ceiling Fan(s); Central Air Water Source: City Franchise Sewer: Sewer - Public; Sewer-In & Connected Electric: SRP; Individual Meter Gas: None Parking Features: Garage; >1 Space Per Unit; Assigned; Free; Paved; Attached Garage Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Water; Trash Collection; Landscaping; Pool Maintenance Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner Lockbox Type: Supra Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Environmental: None

Listing Office: Limitless Real Estate

Office Phone: 480-902-4700

Office Email: mikaela@SoldByLimitless.com

Last Updated: May - 05 - 2026

Broker Attribution: 480-381-7401