109 E Broadway Road Tempe, AZ
$ 5,000,000
Property Attributes
  • MLS#5692538
  • TypeMulti-Family
  • CountyMARICOPA
  • CityTempe
  • NeighborhoodTempe Acres
  • Zip85282
  • Style
  • Year Built1964
  • Taxes15048
  • Price$ 5,000,000
  • Bedrooms66
  • Full Bathrooms40
  • Half Bathrooms0
  • Sqr Footage31200
Listing Provided Courtesy Of:
Property Description

Decco 109 is a 40-unit garden-style apartment community located in an irreplaceable Tempe location near Arizona State University that was extensively renovated and repositioned in 2014 with premium finishes. The property is made of block construction with built-up roofs and is master-metered for electricity. The unit mix is composed of one and two-bedroom floor plans that are spacious and very well designed and range in size from 650 to 850 square feet. The units have been completely renovated with wood-style vinyl flooring, contemporary kitchen cabinetry with brushed nickel hardware, stainless steel kitchen sinks, new countertops, full-size electric appliances with ceramic electric stoves, enclosed showers, modern bathroom vanities and brushed nickel lighting fixtures.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
11/28/2017 Listed $5,000,000

General Features

1 Bedroom Units: Avg Rent 900.00
2 Bedroom Units: Avg Rent 1050.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block
Listing Status Active
Net Income 290157.00
New Financing Conventional
Owner Pays Water, Landscaping, Trash, Gas, Electric, Sewer
Property Type F
School District 003 - Tempe School District
Subdivision Y/N TEMPE ACRES
Tenant Pays Cable TV
Type EA
Year Built 1964
Zoning R-4

Interior Features

1 Bedroom Units: # 1 Bedroom Units 14
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 650
2 Bedroom Units: # 2 Bedroom Units 26
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 850
Appliances Included BI Oven/Range, Microwave, Disposal, Dishwasher, Refrigerator
Cooling Central A/C
Electric Master Meter
Floors Vinyl/Composition
Gas SW Gas
Heating Central
Interior Features Unfurnished, Vertical Blinds
Total Number of Units 40.00

Exterior Features

Sale Includes Land & Building
Complex Features Pool(s), Barbecue Area(s)
Const - Finish Painted
Covered Parking Spcs 40.00
Exterior Features Landscape Wtr System, Desert Landscaping
Lot Size Dimensions IRR
Parking 1 Space/Unit, Paved Parking
Roof Built-Up
Sewer Sewer - Public
Total Parking Spcs 64.00
Water City Franchise


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85282

AVG $15,048
AVG 200
Year Built
AVG 1964
AVG 44

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