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Courtesy of Congress Realty, Inc., Jared A English Listing Contact: 888-881-4118 
3 Beds
3 Baths

$650,000

509 W 2ND Street, Tempe AZ, 85281

Built in1955
Property typeMulti-family

Overview

Active

Listed Aug 4, 2026

Updated Aug 29

Downtown Tempe Triplex. Genuinely close to Valley Metro Light Rail, Town Lake, Tempe Streetcar, and Arizona State University. Neighboring Mill Avenue dining, shopping, and entertainment. Well-cared-for, low-maintenance building that speaks to the rarity and desirability of a multifamily property in this location. New roof 2024; 2 new A/C units and 3 new tankless smart water heaters installed in 2026. Suitable for an investor or owner-occupants looking to live in one unit while generating rental income from the other two. Seller Will Consider buyer closing cost concessions.

$4,324/mo

Est. mortgage payment based on a $650,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7062358

Interior Features

Bedrooms
3
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$1,468
Tax Frequency
Annually

Courtesy of Congress Realty, Inc., Jared A English

Listing Contact: 888-881-4118 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Optima Camelview by Curia Real Estate Collection shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Not representative of the licensee’s transaction history. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

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Data Last Updated: 4:05 AM UTC, 8/29/2026.

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