902 S MARIANA Street, Tempe, AZ 85281

$850,000
Property Type: Multiple Dwellings Bedrooms: 4 Baths: 4 Status: Closed
Current Price: $850,000 Last Modified: 7/01/2026

Overview

Description

Welcome to Mariana Park Apartments. Located near ASU's Tempe campus, this fully occupied four-plex is tucked away in a quiet cul-de-sac. Property features all block construction, covered parking, new windows (on some units), central A/C, coin-operated leased laundry equipment, and mature landscaping. All units are 1bed/1bath. Rents of 900-$1150 per unit. Units are renovated and remodeled with laminate floors stainless steal appliances updated kitchen's.

Supplements: Buyer to verify all MLS information, as facts and figures are approximate. Do Not Disturb Tenants. Drive-by only.

Listing Details MLS# 6308106

Location, Tax & Legal

Map Code/Grid
R37
House Number
902
Compass
S
Street Name
MARIANA
St Suffix
Street
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Zip4
4113
Country
US
County Code
Maricopa
Subdivision
MARIANA PARK I
Assessor Number
132-73-149
Tax Year
2020

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
8,228 sqft
Year Built
1959
Total # of Units
4
# of Buildings
Yes
Zoning
R-3
Elementary School District
Tempe Elementary School District
High School District
Tempe Union High School District
Elementary School
Other
Jr. High School
Other

Remarks Misc

Cross Street
University & Dorsey
Directions
From University Dr, turn south (right) onto Dorsey Ln, then turn right (west) onto Orange St, then right (north) onto Mariana St. Continue to the end of cul-de-sac.

Status Change Info

Off Market Date
2022-02-04
Under Contract Date
2022-01-11
Close of Escrow Date
2022-02-09

Legal Info

Township
1N
Range
4E
Section
23
Lot Number
3

More Information

1 Bedroom Units

# 1 Bedroom Units
4
Avg Rent
1050
Avg SqFt
480
# Baths
Yes

Structure

Bedrooms Total
4
Bathrooms Total
4

Income Expenses

Gross Annual Sch Inc
52800
Net Operating Income
40044

Sold Info

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

Property Features

Project Type: Four Plex Construction: Block Const - Finish: Painted Roofing: Rolled Floors: Vinyl; Ceramic Tile Sale Includes: Land & Building; Personal Property Community Features: No Pool Exterior Amenities: Landscape Water System; Green Landscaping Interior Features: Unfurnished Appliances Included: Free-Standing Range; Refrigerator Heating: Natural Gas Cooling: Electric; Individual; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS; Individual Meter Gas: SW Gas; Individual Meter Parking Features: Carport; 1 Space/Unit Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Gas; Cable TV Source of Fincl Data: Owner; Projected Proforma Lockbox Type: None New Financing: FHA; Conventional; No Carry; 1031 Exchange Environmental: Super Fund/WQARF/DOD
IDX
Listing Office: Grace CRE
Office Phone: 602-975-5516
Office Email: info@gracecre.com
Last Updated: July - 01 - 2026
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