2214 South Granada Drive, Tempe, AZ, 85282

2214 South Granada Drive Tempe, AZ 85282

2214 South Granada Drive, Tempe, AZ, 85282
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$1,500,000
Last Verified:
Aug 17, 2026

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Highlights

  • Nice Curb Appeal Pride of Ownership
  • 5 Two-Bedroom Floorplan Units with Washer/Dryer in Each Private Patio
  • Prime Location Near Arizona State University
  • Good Demographics with Strong Rental Demand
  • Individually Metered Property
  • Well-Maintained Block Structure
  • Ideal 1031 Exchange Investment Opportunity

Description

Introducing an exceptional investment opportunity at 2214 South Granada Drive, Tempe, AZ. This 3,250 SF building features 5 units, making it an ideal prospect for the astute Multifamily investor. Each unit offers a unique blend of comfort and convenience, while the prime location in Tempe ensures strong tenant demand. With its well-maintained structure and attractive rental potential, this property represents a promising addition to any investment portfolio. Don't miss the chance to capitalize on this sought-after asset in the thriving Tempe area.

Discover the vibrant neighborhood surrounding the property, located in Tempe, AZ. This thriving area is known for its dynamic mix of attractions, making it an appealing location for tenants seeking a high class living experience. Just minutes away, residents can enjoy the bustling Mill Avenue District, Tempe Town Lake, and a diverse array of dining and entertainment options. With easy access to Arizona State University and major employment centers, the area offers a desirable blend of urban convenience and recreational opportunities. The property's prime location in Tempe provides an attractive living opportunity in a sought-after, low-rise, and high-demand area.


Year Built: 1958
Building Size: 3250sq ft
Lot Size: 0.23 acres


Documents

For Sale OM 2214 S Granada Dr

Map of 2214 South Granada Drive, Tempe, AZ, 85282

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.