Stewart Ray

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Listing provided courtesy of HomeSmart- MLS# 7011894MLS Provider

1219 S Farmer AvenueTempe, AZ 85281

Multi-Family
$1,420,000 Active

1219 S Farmer Avenue Overview

Time on Site:
80 days
Visits:
0

This 7-unit, garden-style apartment property sits in an incredible location, approximately half a mile from ASU's main campus. Additionally, this property boasts proximity to Tempe Town Lake offices, Mill Avenue, the 202 freeway, and Sky Harbor Airport. Location isn't the only desirable characteristic of the Apartments on Farmer, as 5 of 7 units have been thoroughly remodeled in the past 5 years (the other two units are occupied by long-term tenants). Along with interior updates, the property's comprehensive renovation included significant roofing, plumbing, and electrical work, with 4 of 7 units now boasting their own laundry facilities. Six storage rooms also on site. Don't miss out on this incredible location!

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1219 S Farmer Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: Tempe Union High School District
  • Elementary School: Holdeman Elementary School
  • Middle Or Junior School: Geneva Epps Mosley Middle School
  • High School: Tempe High School

Income/Expenses

  • Net Operating Income: 75795.72

Building Information

  • Year Built: 1961

Location/Region

  • County Or Parish: Maricopa
  • Postal City: Tempe
  • Subdivision Name: FARMERS ADDITION BLOCKS 1-2 & PART 3 & LOTS 1-5

Community/Development

  • Community Features: No Pool

Tax Information

  • Tax Annual Amount: $2,258.00
  • Tax Year: 2025

General Information

  • Disclosures: Seller Prop Disc Stm
  • Listing Terms: No Carry,Conventional
  • Ownership: Fee Simple
  • Parcel Number: 124-70-019
  • Property Type: Multiple Dwellings
  • Zoning: R-3

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Electric: APS,Individual Meter
  • Flooring: Other,Ceramic Tile,Vinyl

Exterior

Parking Information

  • Open Parking Spaces: 10.0
  • Parking Features: Paved,\u003e1 Space Per Unit

Lot Information

  • Additional Parcels: false
  • Lot Size Dimensions: 75' x 142.5'
  • Number Of Buildings: 3
  • Road Surface Type: Asphalt
  • Water Source: Master Meter,City Franchise

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Painted,Block
  • Roof: Composition,Foam

General Information

  • Exterior Features: Sidewalk(s)
  • Number Of Units Total: 7
  • Sewer: Public Sewer

1219 S Farmer Avenue Neighborhood

Community

85281 (Tempe) Demographics

25
Median Age
5,130
Population Density (per sq. mile)
50%
College Educated
$42,545
Estimated Median Income
5,503
Estimated Total Home Owners
20,386
Estimated Total Renters
21% / 79%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1219 S Farmer Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1219 S Farmer Avenue Market Data

Based on the last 30 days in this zip code

$566,243
Average List Price
$387
Average Price per Square Foot
18
Properties Sold
80
Average Days on Market
149
Properties for Sale
Calculations provided by Reliance Network

1219 S Farmer Avenue History

Date Event Value Agent
4/10/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
April 10, 2026