Turnkey Apartment in one of Tempe's most Desirable multifamily zones, this 4-plex sits within a high-demand rental corridor just minutes from ASU, downtown Tempe, major employment hubs, and Valley Metro transit options. West Tempe Corridor, Balanced Unit Mix of 2- 1 Bedrooms and 2- 2 Bedrooms Updated Kitchen and Bathrooms, All Tile, Private Patios, Tenant Storage, Laundry, Room on Rents, All AC Units 2- 5 Years Old, Roof Recoated every 4-5 Years. Facts and Figures are believed to be accurate Buyer to verify their own satisfaction.
Multi-familyProperty Type
1981Year Built
8,280 sq ftLot Size
6 spacesParking
Listed by Eric Hegarty• Better Homes & Gardens Real Estate SJ Fowler
Sunset, located between Mill Avenue and Rural Road, is a residential and campus-adjacent Tempe neighborhood with mid-century streetscapes and pocket parks. The neighborhood’s character concentrates around the Mill Avenue & University Drive crossroads, where patios, coffee counters, and late-night bites set a steady street-level hum. ASU Gammage and Tempe Center for the Arts act as cultural anchors, with Changing Hands Bookstore nearby for browsing and readings. Low-slung ranch homes mix with newer infill, framed by mature shade trees and wide sidewalks. The Tempe Town Lake path and Papago Park trails shape an outdoors-forward routine. Light rail stations along Apache Boulevard add a clean, urban edge to daily errands.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Bedrooms
Two bedrooms per unit
Bathrooms
Four bathrooms total
Kitchen
Refrigerator
Free-standing electric oven
Laundry & utility
Washer and dryer
Flooring
Tile flooring
Heating & cooling
Heat-pump heating and cooling
Parking
Six open parking spaces
More than one parking space per unit
Construction
Stucco and block construction
Foam roof
Utilities
SRP electric service
Public sewer
City-franchise water
Financial info
One unit listed at $1,375 per month
Month-to-month unit lease
Electricity and solar
View estimated energy costs and solar savings for this home
Great Short Sale Investment opportunity! Move in ready four plex in Tempe. Brick construction with a mix of 2 - 2 bedroom units and 2 - 1 bedroom units. Bank has approved the sale at this price. Show your investor clients this property and write up the offer. We have bank approval, and close in as little as 7 - 10 days!
ARMLS #4276206
Feb 18, 2010
Listing Removed
—
Oct 20, 2009
Listed
$119,000
ARMLS #4180680
Sep 16, 2009
Listing Removed
—
May 28, 2009
Listed
$199,000
ARMLS #2689222
Jul 5, 2007
Listing Removed
—
Jan 22, 2007
Listed
$429,000
ARMLS #2445308
Apr 14, 2006
Sold
$385,000
Mar 8, 2006
Listing Removed
—
Jan 6, 2006
Listed
$395,000
ARMLS #2369020
Sep 21, 2005
Listing Removed
—
Aug 25, 2005
Listed
$424,900
Public Records
Jul 16, 2004
Sold
$200,000
Public Records
Nov 3, 2003
Sold
$175,000
ARMLS #1997436
Oct 31, 2003
Sold
$180,000
Oct 28, 2003
Listing Removed
—
Jun 20, 2003
Listed
$180,000
Public Records
Mar 29, 1999
Sold
$140,000
Public Records
May 31, 1991
Sold
$75,000
Public Records
Oct 15, 1984
Sold
$107,061
Public Records
Oct 15, 1984
Sold
$138,250
Year
Property tax
Land + Additions
Assessment*
2025
$2,309 (+7.0%)
2024
$2,158 (+1.2%)
2023
$2,132 (+4.3%)
2022
$2,045 (−0.7%)
$8,340 + $33,390
$41,730
2021
$2,059 (+3.1%)
$7,480 + $29,950
$37,430
2020
$1,997 (+1.9%)
$6,820 + $27,310
$34,130
2019
$1,959 (+2.5%)
$5,120 + $20,480
$25,600
2018
$1,910 (+3.1%)
$5,120 + $20,480
$25,600
2017
$1,854 (+0.7%)
$4,010 + $16,050
$20,060
2016
$1,840 (+4.1%)
$3,450 + $13,830
$17,280
2015
$1,768 (−8.8%)
$3,430 + $13,730
$17,160
2014
$1,938 (+29.2%)
$3,090 + $12,390
$15,480
2013
$1,500 (+1.8%)
$1,970 + $7,890
$9,860
2012
$1,474 (+13.2%)
$2,140 + $8,560
$10,700
2011
$1,302 (−29.0%)
$2,210 + $8,870
$11,080
2010
$1,833 (−20.3%)
$3,610 + $14,470
$18,080
2009
$2,299
$2,210 + $8,870
$11,080
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
8,358 Sq. Ft.
Year renovated
1981
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,608
Year built
1981
Style
Multi-Family (2-4 Unit)
County
Maricopa County
APN
12428040
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 25, 2026.
R-3
Multi-Family Residential Limited District
The residential districts are designed to provide neighborhoods with a range of housing densities. The differences in these housing densities and regulations are intended to support the varying lifestyles of the city's residents. The districts provide for a range of residential habitation including rural-agricultural, single-family, multi-family, mobile home, and combinations thereof, together with home occupations, schools, parks, and public services necessary for neighborhood living.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Student
Office-Other
Educational/school
Park & open space
Climate risks
3/10 Flood Factor
Estimated 10-14% chance of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
9/10 Heat Factor
7 days above 111° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Tempe, AZ • 85281
Average low and high temperatures (°F)
69
47
78
55
84
61
86
64
94
72
105
82
106
86
107
86
99
79
88
67
76
55
74
51
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
89/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Tempe. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
6.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1313 W 3rd St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $525,000 and $886,500.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $525K to $887K.