959 S ASH Avenue, Tempe, AZ 85281 (MLS# 6388751)

959 S ASH Avenue, Tempe, AZ 85281

$3,900,000

Property Type: Multiple Dwellings Status: Closed

Current Price: $3,900,000 Last Modified: 6/30/2025

Overview

Description

The District on Ash, is a unique community of seven quality constructed townhomes Located in a residential neighborhood within minutes to downtown Tempe, Mill Avenue and Arizona State University. Numerous dining, shopping and entertainment options are within walking distance of the community. All units have unique floorplans, complete with hard wood floors, gas ranges, granite countertops, ceramic farm sinks and in-unit laundry rooms. Some of the units have attached double garages. oversized porches and extensive storage. Residents can enjoy outdoor living in a trendy, urban setting.

Listing Details MLS# 6388751

Location, Tax & Legal

Map Code/Grid: R37
House Number: 959
Compass: S
Street Name: ASH
St Suffix: Avenue
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 8695
Country: US
County Code: Maricopa
Subdivision: ASH ESTATES
Assessor Number: 132-42-118
Tax Year: 2021

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 19,948
Year Built: 2013
Uncvrd Parking Spcs: 6
Total # of Units: 7
# of Buildings: 4
Zoning: R-3
High School District: Tempe Union High School District
Elementary School: Tavan Elementary School
High School: Tempe High School

Remarks Misc

Cross Street: Mill and University
Directions: West on University from Mill to Ash. South on Ash to the property on the East side of the street.

Status Change Info

Off Market Date: 2022-07-15
Under Contract Date: 2022-06-25
Close of Escrow Date: 2022-07-27

Legal Info

Township: 1N
Range: 4E
Section: 22
Lot Number: Yes

More Information

1 Bedroom Units

# 1 Bedroom Units: Yes
Avg Rent: 1882
Avg SqFt: 896
# Baths: Yes

2 Bedroom Units

# 2 Bedroom Units: Yes
Avg Rent: 2723
Avg SqFt: 1100
# Baths: 2

3 Bedrooms Units

# 3 Bedroom Units: 5
Avg Rent: 3047
Avg SqFt: 1648
# Baths: 35

Income Expenses

Gross Annual Sch Inc: 273780
Net Operating Income: 223854

Sold Info

Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $

Property Features

Project Type: 5 - 12 Units Construction: Wood Frame; Steel Frame Const - Finish: Painted; Siding Roofing: Composition Floors: Wood Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Landscape Water System; Green Landscaping; Cable TV Available; Sidewalk(s); Patio/Balcony; Pet Restrictions; Security Light(s) Interior Features: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Washer/Dryer Heating: Central Cooling: Electric; Heat Pump; Individual; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS; Individual Meter Gas: SW Gas; Individual Meter Parking Features: Garage; On Street; >1 Space Per Unit; Attached; Garage Door Opener; Assigned; Paved Road Surface Type: Asphalt Owner Pays: Landscaping Tenant Pays: Water; Electricity; Gas; Trash Collection; Cable TV Source of Fincl Data: Owner Status Update: Multiple Offers Recd 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: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional; No Carry Environmental: None

Listing Office: HomeSmart

Last Updated: June - 30 - 2025

959 S ASH Avenue, Tempe, AZ 85281 (MLS# 6388751)