Real Estate Investment Properties for Sale in Tempe, AZ

Looking for investment property in Tempe, AZ with high ROI ?

Explore a variety of short-term homes & houses in Tempe, AZ. Invest wisely with VRBO & Tempe, AZ Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Multi Family for Sale in Tempe, AZ

Search for Multi Family for Sale in Tempe, Arizona. Browse all of Mashvisor’s Multi Family listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 12 Multi Family listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1214 S Farmer Ave Tempe, AZ Turn Key Investment, Walking distance to Downtown Tempe and Arizona State University. Apa...	N/A beds \| N/A baths \| N/A	$1,490,000	Airbnb cash on cash: -0.42% Traditional cash on cash: -0.17% Airbnb Rental Income: $1510 Traditional Rental Income: $1424 Airbnb ROI: -0.42% Traditional ROI: -0.17%
515 W Pebble Beach Dr Tempe, AZ An amazing opportunity right here! Turnkey triplex that will come fully furnished! Not man...	8 beds \| N/A baths \| N/A	$899,000	Airbnb cash on cash: 1.35% Traditional cash on cash: 2.21% Airbnb Rental Income: $2998 Traditional Rental Income: $3024 Airbnb ROI: 1.35% Traditional ROI: 2.21%
1224 S Smith Rd Tempe, AZ Fully occupied 4plex, in heart of Tempe, located walking distance from Smith/Apache Light ...	N/A beds \| N/A baths \| 2,576 sq.ft.	$1,035,000	Airbnb cash on cash: -0.47% Traditional cash on cash: 0.9% Airbnb Rental Income: $1107 Traditional Rental Income: $2057 Airbnb ROI: -0.47% Traditional ROI: 0.9%
1610 S College Ave Tempe, AZ Motivated seller Exceptional investment opportunity near Arizona State University with a...	4 beds \| N/A baths \| N/A	$750,000	Airbnb cash on cash: 0.79% Traditional cash on cash: 0.18% Airbnb Rental Income: $2181 Traditional Rental Income: $1196 Airbnb ROI: 0.79% Traditional ROI: 0.18%
1219 S Farmer Ave Tempe, AZ This 7-unit, garden-style apartment property sits in an incredible location, approximately...	5 beds \| N/A baths \| N/A	$1,420,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 4.54% Airbnb Rental Income: $1510 Traditional Rental Income: $7602 Airbnb ROI: -0.42% Traditional ROI: 4.54%
1229 E Spence Ave Tempe, AZ Rare opportunity to purchase a R-4 (High Density) zoned multi family land and homes with f...	N/A beds \| N/A baths \| N/A	$1,375,000	Airbnb cash on cash: -0.63% Traditional cash on cash: -0.47% Airbnb Rental Income: $1068 Traditional Rental Income: $904 Airbnb ROI: -0.63% Traditional ROI: -0.47%
1248 E Harry St Tempe, AZ Turnkey duplex offered as part of a five-unit residential compound across two adjacent par...	N/A beds \| N/A baths \| N/A	$700,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 1.21% Airbnb Rental Income: $1439 Traditional Rental Income: $1682 Airbnb ROI: 0.18% Traditional ROI: 1.21%
1244 N Rose St Tempe, AZ Fully renovated 3-unit income property offered as part of a rare five-unit residential com...	N/A beds \| N/A baths \| N/A	$950,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 0.23% Airbnb Rental Income: $1439 Traditional Rental Income: $1322 Airbnb ROI: -0.13% Traditional ROI: 0.23%
807 S George Dr Tempe, AZ 807 S George Dr, Tempe, AZ 85288 \| Multi Family	N/A beds \| N/A baths \| N/A	$800,000	Airbnb cash on cash: -0.29% Traditional cash on cash: -0.04% Airbnb Rental Income: $1558 Traditional Rental Income: $1296 Airbnb ROI: -0.29% Traditional ROI: -0.04%
604 S Roosevelt St Tempe, AZ 604 S Roosevelt St, Tempe, AZ 85281 \| Multi Family	N/A beds \| N/A baths \| N/A	$1,795,000	Airbnb cash on cash: -1.14% Traditional cash on cash: -1.18% Airbnb Rental Income: $1372 Traditional Rental Income: $882 Airbnb ROI: -1.14% Traditional ROI: -1.18%
616 S Hardy Dr #112 Tempe, AZ 616 S Hardy Dr #112, Tempe, AZ 85281 \| Multi Family	N/A beds \| N/A baths \| N/A	$1,375,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.05% Airbnb Rental Income: $null Traditional Rental Income: $868 Airbnb ROI: N/A Traditional ROI: -1.05%
425 - 427 W 5th St W Tempe, AZ Enjoy Pride of ownership of an experienced Garden-Style 10-Plex in Tempe's Orth Subdivisio...	N/A beds \| N/A baths \| N/A	$1,700,000	Airbnb cash on cash: -0.65% Traditional cash on cash: -0.17% Airbnb Rental Income: $1510 Traditional Rental Income: $1827 Airbnb ROI: -0.65% Traditional ROI: -0.17%

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Multi Family for Sale in Tempe, AZ

1214 S Farmer Ave

Tempe, AZ

N/A beds | N/A baths | N/A

$1,490,000

Airbnb cash on cash: -0.42%

Traditional cash on cash: -0.17%

Airbnb Rental Income: $1510

Traditional Rental Income: $1424

Airbnb ROI: -0.42%

Traditional ROI: -0.17%

515 W Pebble Beach Dr

Tempe, AZ

8 beds | N/A baths | N/A

$899,000

Airbnb cash on cash: 1.35%

Traditional cash on cash: 2.21%

Airbnb Rental Income: $2998

Traditional Rental Income: $3024

Airbnb ROI: 1.35%

Traditional ROI: 2.21%

1224 S Smith Rd

Tempe, AZ

N/A beds | N/A baths | 2,576 sq.ft.

$1,035,000

Airbnb cash on cash: -0.47%

Traditional cash on cash: 0.9%

Airbnb Rental Income: $1107

Traditional Rental Income: $2057

Airbnb ROI: -0.47%

Traditional ROI: 0.9%

1610 S College Ave

Tempe, AZ

4 beds | N/A baths | N/A

$750,000

Airbnb cash on cash: 0.79%

Traditional cash on cash: 0.18%

Airbnb Rental Income: $2181

Traditional Rental Income: $1196

Airbnb ROI: 0.79%

Traditional ROI: 0.18%

1219 S Farmer Ave

Tempe, AZ

5 beds | N/A baths | N/A

$1,420,000

Airbnb cash on cash: -0.42%

Traditional cash on cash: 4.54%

Airbnb Rental Income: $1510

Traditional Rental Income: $7602

Airbnb ROI: -0.42%

Traditional ROI: 4.54%

1229 E Spence Ave

Tempe, AZ

N/A beds | N/A baths | N/A

$1,375,000

Airbnb cash on cash: -0.63%

Traditional cash on cash: -0.47%

Airbnb Rental Income: $1068

Traditional Rental Income: $904

Airbnb ROI: -0.63%

Traditional ROI: -0.47%

1248 E Harry St

Tempe, AZ

N/A beds | N/A baths | N/A

$700,000

Airbnb cash on cash: 0.18%

Traditional cash on cash: 1.21%

Airbnb Rental Income: $1439

Traditional Rental Income: $1682

Airbnb ROI: 0.18%

Traditional ROI: 1.21%

1244 N Rose St

Tempe, AZ

N/A beds | N/A baths | N/A

$950,000

Airbnb cash on cash: -0.13%

Traditional cash on cash: 0.23%

Airbnb Rental Income: $1439

Traditional Rental Income: $1322

Airbnb ROI: -0.13%