625 W 12th Street, Tempe, AZ 85281

New Listing
$675,000
Property Type: Multiple Dwellings Bedrooms: 2 Baths: 4 Status: Active
Current Price: $675,000 List Date: 8/12/2026 Last Modified: 8/13/2026

Overview

Description

Exceptional investment opportunity in the heart of Tempe. Beautifully remodeled duplex offers an ideal location just minutes from ASU, shopping, dining, entertainment and major transportation. Each unit features one bedroom and one bathroom with a completely remodeled interior creating a fresh, modern and move in ready living space. Both units include all appliances, making them attractive to students, professionas or long term tenants. Eash side has carport exterior storage, additional storage space, ability to install a washer and dryer adding another desirable amenity for future tenants. With its prime Tempe location by ASU, completely renewed, its an excellent opportunity for an investor. Duplex has been non smoking Please use WFG National Title property has a benef deed in place

Listing Details MLS# 7065156

Location, Tax & Legal

House Number
625
Compass
W
Street Name
12th
St Suffix
Street
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Country
US
County Code
Maricopa
Assessor Number
124-67-140
Tax Year
2025
Assessor's Map #
67
Assessor's Parcel #
140
Add'l Parcels
Yes
Tax Municipality
Tempe
Taxes
1517.44
Legal
State College Homes Lot 48 and 49 Parcel 124-67-140 and 124-67-138
Marketing Name
Duplex

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
unknown
Year Built
1970
Uncvrd Parking Spcs
2
Total # of Units
2
# of Buildings
Yes
Zoning
Commerical

Remarks Misc

Cross Street
12th and Judd Street
Directions
Use Map Quest or App on phone

Legal Info

Lot Number
48 and 49

1 Bedroom Units

# 1 Bedroom Units
2
Avg Rent
1700
Avg SqFt
1000
# Baths
2

More Information

Structure

Bedrooms Total
2
Bathrooms Total
4

Income Expenses

Gross Annual Sch Inc
38400
Net Operating Income
36560

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes
Email
Yes
Phone Call
Yes

Project Type

Duplex
Yes

Efficiency Units

Avg Rent
0

2 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Other Type

Other (See Remarks)
Yes

Construction

Block
Yes

Const - Finish

Painted
Yes
Siding
Yes

Roofing

Tile
Yes

Floors

Laminate
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Elec Exp
0
Annual Gas Exp
0
Annual Ins Exp
976
Annual Land Lse Exp
0
Annual Landscape Exp
1200
Annual Legal & Acctg
0
Annual Maint Exp
0
Annual Mgmt Exp
0
Annual Trash Exp
0
Annual Wtr/Swr Exp
400
Owner Association
No
Annual Ownr Asoc Fee
0
Annual Rplcmnt Rsrvs
0
Operating Exp
4093.44
Other Income
0
Vacancy Allowance
0.1
Adjusted Gross Inc
34560
Total Monthly Rental Income
3200

Pmt & Rate Info

Cap Rate
5.42
Equity
675000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Payment Includes

Taxes
Yes

Lockbox Type

Supra
Yes

Community Features

No Pool
Yes

Heating

Forced Air
Yes
Electric
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Electric
Yes
2 or More Units
Yes

Interior Features

Unfurnished
Yes
Fire/Smoke Alarm(s)
Yes
Vertical Blinds
Yes
Mini Blinds
Yes

Tenant Pays

Gas
Yes
Water
Yes
Sewer
Yes
Electricity
Yes
Trash Collection
Yes
Cable TV
Yes

Appliances Included

Dishwasher
Yes
Free-Standing Electric Oven
Yes
Microwave
Yes
Refrigerator
Yes
Free-Standing Range
Yes
W/D Hookup
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Road Responsibility

City Maintained Road
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Carport
Yes
>1 Space Per Unit
Yes
Attached Carport
Yes
Off Street
Yes

Electric

SRP
Yes

Gas

SW Gas
Yes

Owner Pays

Landscaping
Yes
Other
Yes

New Financing

Cash
Yes

Special

Owner/Agent
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Treat as Free&Clear
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

Seller Prop Disc Stm
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Property Features

Project Type: Duplex Other Type: Other (See Remarks) Construction: Block Const - Finish: Painted; Siding Roofing: Tile Floors: Laminate Sale Includes: Land & Building Payment Includes: Taxes Community Features: No Pool Interior Features: Unfurnished; Fire/Smoke Alarm(s); Vertical Blinds; Mini Blinds Appliances Included: Free-Standing Electric Oven; Free-Standing Range; Refrigerator; Dishwasher; Microwave; W/D Hookup Heating: Forced Air Cooling: Ceiling Fan(s); Electric; Central Air; 2 or More Units Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: SW Gas Parking Features: Carport; >1 Space Per Unit; Attached Carport; Off Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Landscaping; Other Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Cable TV Source of Fincl Data: Owner Special: Owner/Agent Showing Notification Methods: Text; Email; Phone Call Lockbox Type: Supra Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable 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: Cash Environmental: None
IDX
Listing Office: RE/MAX Fine Properties
Last Updated: August - 13 - 2026
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