UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mariana Park 2
MLS Listing ID 6941846
Maintenance Fees $1,500
Year Built 1962
Annual Tax Amount $1,176
Tax Year 2024
Lot Dimensions -irr
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Welcome to Four on Mariana, an exceptional all-block construction multifamily property ideally located just minutes from Arizona State University and Downtown Tempe. This beautifully upgraded fourplex offers investors a rare turnkey opportunity in one of the most in-demand rental markets in the Valley.
Each of the four studio units has been fully renovated with a modern aesthetic and durable finishes designed for long-term performance. Interiors feature upgraded flooring, contemporary kitchens with sleek cabinetry, stainless steel appliances, and refreshed bathrooms with designer fixtures. The clean, open layouts maximize natural light and functionality—ideal for ASU students, professionals, or short-term rental guests.
The property's solid block construction ensures lasting durability and minimal maintenance, while the upgraded interiors and proximity to campus, light rail, and Tempe Town Lake create strong and steady rental demand.
Highlights:
Four renovated studio units each thoughtfully designed and move-in ready
All-block construction for long-term structural integrity
Modern kitchens with new cabinetry, countertops, and appliances
Upgraded flooring and finishes throughout
Exceptional location near ASU, downtown Tempe, and public transit
Ideal for furnished rentals, student housing, or Airbnb strategy
Whether you're seeking a stable cash-flowing investment or a strategic short-term rental property, Four on Mariana offers bothcombining timeless construction, modern design, and a location that never goes out of demand.
All facts and figures are approximate buyer verify MLS information
Location
State AZ
County Maricopa
Community Mariana Park 2
Area Maricopa
Zoning Multi-family
Interior
Heating Heat Pump, Window/Wall Unit(s)
Cooling Window/Wall Unit
Flooring Ceramic Tile
Appliance Other, Free-Standing Electric Oven
Exterior
Parking Features 1 Space/Unit, On Street
Community Features No Pool
Roof Type Other
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Tempe Union High School District
Others
Senior Community No
Tax ID 132-73-172
Acceptable Financing Conventional, FHA, VA Loan
Disclosures None
Listing Terms Conventional, FHA, VA Loan
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