1301 W 4th Street, Tempe, AZ 85281
$7,000,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $7,000,000 Last Modified: 2/02/2026
Description
Masterfully designed portfolio of 15-single family attached homes in a community located in dynamic Tempe. Centrally located near ASU, the Loop 202 Freeway, Tempe Town lake, and the Phoenix airport. Built in 2018, the community sits on Qualified Opportunity Zone site, and consists of two-story residences averaging 1,572 square feet each. Unit mix consists of nine, 3 bedroom / 3 bathroom residences, and six, 2
bedroom / 2 bathroom residences. 3-bed/3 bath configurations are at 1696 sq feet, or 1793 sq feet, while 2 bed/2 bath configurations are 1332 square feet.
The community combines the sophisticated, connective vibe of the residents with the modern, urban architecture typically seen only in coastal Southern California. These highly-upgraded, town homes are all individually metered
More Information MLS# 6100256
Contract Info
Ownership: Fee Simple Current Price: $7,000,000 Sold Price: $7,000,000 Status: Closed List Date: 2020-07-07
Location, Tax & Legal
Assessor's Map #: 28 Legal Description (Abbrev): TRACT A 4TH STREET WEST MCR 126940 Assessor's Parcel #: 177 Add'l Parcels: No Tax Municipality: Tempe Taxes: 51000 Legal: 4th st town homes Marketing Name: 4th street town homes Map Code/Grid: R36 House Number: 1301 Compass: W Street Name: 4th St Suffix: Street City/Town Code: Tempe State/Province: AZ Zip Code: 85281 County Code: Maricopa Subdivision: 4TH STREET WEST Assessor Number: 124-28-177 Tax Year: 2020
General Property Description
# of Buildings: 5 Uncvrd Parking Spcs: 0 Lot Size Dimensions: 11839 Total # of Units: 15 Elementary School District: Tempe Elementary School District High School District: Tempe Union High School District Elementary School: Scales Technology Academy Jr. High School: Geneva Epps Mosley Middle School High School: Tempe High School Year Built: 2017 Zoning: R1-PAD, R-2
Legal Info
Range: 4E Section: 16 Township: 1N Lot Number: NA
Project Type
13 - 24 Units: 1
Construction
Block: 1 Wood Frame: 1
Const - Finish
Painted: 1 Stucco: 1 Brick Veneer: 1 Siding: 1
Roofing
Foam: 1 Metal: 1
Floors
Ceramic Tile: 1 Carpet: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 0 Annual Gas Exp: 0 Annual Ins Exp: 0 Annual Land Lse Exp: 0 Annual Landscape Exp: 0 Annual Legal & Acctg: 0 Annual Maint Exp: 0 Annual Mgmt Exp: 0 Annual Trash Exp: 0 Annual Wtr/Swr Exp: 0 Owner Association: Yes Annual Ownr Asoc Fee: 0 Annual PAD Fee: 0 Annual Rplcmnt Rsrvs: 0 Annual Other Expense: 0 Operating Exp: 51000 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0
Pmt & Rate Info
Down Payment: 0 Equity: 7200000 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0 Assessment Balance: 0
Showing Notification Methods
Text: 1
Lockbox Type
None: 1
Community Features
No Pool: 1 Barbecue: 1
Heating
Electric: 1
Cooling
Electric: 1
Exterior Amenities
Landscape Water System: 1 Green Landscaping: 1 Desert Landscaping: 1 Partially Fenced: 1 Cable TV Available: 1 Patio/Balcony: 1
Interior Features
Unfurnished: 1 Fire/Smoke Alarm(s): 1 Breakfast Bar: 1
Tenant Pays
Water: 1 Sewer: 1 Electricity: 1 Trash Collection: 1 Cable TV: 1
Appliances Included
Dishwasher: 1 Disposal: 1 Microwave: 1 Refrigerator: 1 Built-In Range: 1 W/D Hookup: 1
Road Surface Type
Concrete: 1
Source of Fincl Data
Projected Proforma: 1 Other (See Remarks): 1
Water Source
City Franchise: 1 Individual Meter: 1
Sewer
Sewer - Public: 1 Sewer-In & Connected: 1
Parking Features
Garage: 1 >1 Space Per Unit: 1 Attached: 1
Electric
SRP: 1
Gas
None: 1
Owner Pays
Landscaping: 1
New Financing
Conventional: 1 1031 Exchange: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Other (See Remarks): 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Other (See Remarks): 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
ALTA Survey Availbl: 1 Other (See Remarks): 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 6 Avg Rent: 2450 Avg SqFt: 1342 # Baths: 2
3 Bedrooms Units
Avg Rent: 2890 Avg SqFt: 1700 # Baths: 3
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Conventional Loan Years: 30 Closing Cost Split: Normal - N Payment Type: Fixed Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $
Remarks Misc
Geo Lat: 33.426236 Geo Lon: -111.95925
Status Change Info
Off Market Date: 2020-07-08 Under Contract Date: 2020-07-08 Close of Escrow Date: 2020-07-08 Sold Price: $7,000,000
Property Features
Project Type: 13 - 24 Units Construction: Block; Wood Frame Const - Finish: Painted; Stucco; Brick Veneer; Siding Roofing: Foam; Metal Floors: Ceramic Tile; Carpet Sale Includes: Land & Building Community Features: No Pool; Barbecue Exterior Amenities: Landscape Water System; Green Landscaping; Desert Landscaping; Partially Fenced; Cable TV Available; Patio/Balcony Interior Features: Unfurnished; Fire/Smoke Alarm(s); Breakfast Bar Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave; W/D Hookup Cooling: Electric Water Source: City Franchise; Individual Meter Sewer: Sewer - Public; Sewer-In & Connected Electric: SRP Gas: None Parking Features: Garage; >1 Space Per Unit; Attached Road Surface Type: Concrete Owner Pays: Landscaping Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV Source of Fincl Data: Projected Proforma; Other (See Remarks) Showing Notification Methods: Text Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Other (See Remarks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional; 1031 Exchange Environmental: None
Listing Office: Grace CRE
Last Updated: February - 02 - 2026
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