For more information on this property, contact Michael Bohlman at 480-797-3800 or

123 W 10TH Street
Tempe, Arizona AZ 85281-5614
Price: $1,750,000
Listing ID 6284540
Status Active
Year Built 1977

Property Description:

Owner prefers to sell all 4 condos together: 115-117-121-123 W 10th street APN 132-45-129;132-45-130;132-45-131; 132-45-132, however each unit can be sold separately. Unique& Beautiful 4 patio homes, in desirable Maple-Ash neighborhood close to down town Tempe, ASU, many restaurants and Whole Foods. Within walking distance to ASU campus, to world class entertainment at Gammage Hall and Tempe Center for the Arts, to downtown and Tempe Town Lake. Open floor plans, updated kitchens, bathrooms and flooring. There is a shared carport plus 2 parking spots in front of each unit, and more parking at the back of the units. The private patios provide opportunity for urban gardening, and relaxing and enjoying the serenity of this quaint neighborhood w/tree-lined streets.A must see! Rare to find!

Primary Features

County: Maricopa
Property Sub Type: Duplex,Four Plex
Property Type: Multifamily Residential
Year Built: 1977
Zoning: R-2

Interior Features

2 Bedroom Units: 4
2 Bedroom Units: Average SqFt: 940
2 Bedroom Units: Number of Baths: 1
Appliances Included: Dishwasher, F/S Oven/Range, Microwave, Refrigerator, Washer/Dryer
Cooling: Ceiling Fan(s), Central A/C, Electric
Floors: Ceramic Tile, Wood
Heating: Electric
Interior Amenities: Fire/Smoke Alarm(s), Mini Blinds, Unfurnished, Vertical Blinds
Other Type: Packaged Offering
Total Units: 4

External Features

Construction: Block, Frame - Wood, Other (See Remarks)
Covered Parking Spaces: 4
Exterior Amenities: Desert Landscaping, Fenced, Landscape Wtr System, Other (See Remarks), RV/Boat Parking, Separate Storage
Exterior Finish: Stucco
Lot Size Dimensions: 145.39 x 129.79 x 146.02 x 129.88
Roads/Streets: Alley, Asphalt
Roofing: Built-Up, Tile
Total Parking Spaces: 12

Location Information

Country: USA
Cross Street: Mill and University
Elementary School: Holdeman Elementary School
High School: Tempe High School
High School District Number: 213 - Tempe Union High School District
Jr. High School: Gililland Middle School
Lot Number: 4
Map Code/Grid: R37
Range: 4E
School District: 003 - Tempe School District
Section: 22
Township: 1N


Community Amenities: No Pool
Electric: APS
Entry Timestamp: 2021-08-25T22:13:02+00:00
Gas: None
Marketing Name: 10th and Ash Condominiums
Owner Association: Yes
Sewer: Sewer - Public
Water: City Franchise

Financial Details

2 Bedroom Units: Average Rent: 1581
Adjusted Gross Income: 78300
Annual Insurance Expense: 3200
Annual Landscape Expense: 1200
Annual Owner Association Fee: 1
Annual Trash Expense: 4000
Contingency Type: No
Financial Data Source: Projected Proforma, Provided by Owner
Gross Annual Scheduled Income: 78300
Net Operating Income: 69900
New Financing: 1031 Exchange, Conventional, FHA, VA
Operating Expense: 9850
Owner Pays: Sewer, Trash Collection, Water
Sale Includes: Land & Building, Laundry Equipment
Tax Municipality: Tempe
Taxes: 1449
Tenant Pays: Electric
Total Monthly Rental Income: 78300

Zoning Info

© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Arizona Elite Properties are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Elite Properties shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing courtesy of HomeSmart. Listing data last updated Saturday, October 23rd, 2021 09:02:48 AM.

Contact - Listing ID 6284540

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Michael Bohlman

2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800

Data services provided by IDX Broker