1978 E DON CARLOS Avenue
Tempe, AZ 85281
Alegre Community- 8 Beds
- 4 Baths
- 2,800 sqft
8 Beds
4 Baths
2,800 sqft
Local Information
-- mins to
Description
Discover an exceptional investment opportunity with this fully renovated 4plex in the heart of Tempe, Arizona. This turnkey property boasts a consistent rental history, featuring four fully occupied two-bedroom, one-bath units. Three of the units were extensively renovated in 2018, showcasing modern maple cabinetry, elegant quartz countertops, stainless steel appliances, contemporary fixtures, new sinks, upgraded flooring, and fresh paint throughout. Unit D received a complete makeover in 2023, with sleek white shaker cabinetry, quartz countertops, brand-new stainless steel appliances, fully updated bathrooms, and chic wood-tile flooring. The exterior has been enhanced with a fresh coat of paint in 2023, and the parking lot has been redone, ensuring a well-maintained appearance. Situated in a desirable area of Tempe, this fourplex is conveniently located near shopping, dining, and entertainment options. Its proximity to Arizona State University (ASU) makes it an attractive choice for students and faculty, ensuring a consistent demand for rental units. ** each unit is individually metered!
1978 E DON CARLOS Avenue, Tempe, AZ 85281 is a 8 bedroom, 4 bathroom, 2,800 sqft multi-family in Alegre Community, built in 1974. It last sold for $900,000 on Mar 29, 2024 (1% above the $895,000 asking price). More recently, it was listed as a rental in May 2021 with an asking price of $985 per month. That rental listing was removed on May 13, 2021. It is currently off market. The Trulia Estimate is $920,900, with a rent estimate of $1,946/month.
Home Highlights
Parking
6 Open Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 1978 E DON CARLOS Avenue
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Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 4 |
Dimensions and Layout Living Area: 2800 Square Feet |
Appliances & Utilities Appliances: Free-Standing Range, Disposal, Refrigerator, Washer/DryerDisposalRefrigerator |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric |
Gas & Electric Electric: Individual MeterHas Electric on Property |
Windows, Doors, Floors & Walls Flooring: Ceramic Tile |
Levels, Entrance, & Accessibility Floors: Ceramic Tile |
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Exterior Home Features Roof: Composition |
Parking & Garage Open Parking Spaces: 6No CarportNo GarageHas Open ParkingParking Spaces: 6Parking: 1 Space/Unit |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 40 |
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Year Built Year Built: 1974 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Painted, Brick |
Property Information Parcel Number: 13267039C |
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Price List Price: $895,000 |
Status Change & Dates Off Market Date: Sat Mar 30 2024 |
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MLS Status: Closed |
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Direction & Address City: TempeCommunity: RANCHO EL DORADO 1-26, 36-44 |
School Information Elementary School District: Tempe Elementary School DistrictHigh School District: Tempe Union High School District |
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Building Area Building Area: 2800 Square Feet |
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Community Features: No Pool |
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Lot Area: 8680 sqft |
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Listing Terms: Conventional |
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Business Information Ownership: Fee Simple |
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Owner Pays: Landscaping |
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Mls Number: 6665930 |
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No Pool |
Last check for updates: about 19 hours ago
Listed by Shelby K DiBiase, (602) 330-1985
eXp Realty
Bought with: Kayli Morgan, (480) 717-0123, Redfin Corporation
Source: ARMLS, MLS#6665930

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Price History for 1978 E DON CARLOS Avenue
| Date | Price | Event | Source |
|---|---|---|---|
| 03/29/2024 | $900,000 | Sold | ARMLS #6665930 |
| 02/19/2024 | $895,000 | Listed For Sale | ARMLS #6665930 |
| 05/13/2021 | ListingRemoved | Zillow Rental Manager | |
| 05/02/2021 | $985 | Listed For Rent | Zillow Rental Manager |
| 04/30/2019 | $607,000 | Sold | ARMLS #5874422 |
| 04/29/2019 | $660,000 | Pending | Agent Provided |
| 03/20/2019 | $660,000 | PendingToActive | Agent Provided |
| 03/03/2019 | $660,000 | Pending | Agent Provided |
| 01/28/2019 | $660,000 | Listed For Sale | Agent Provided |
| 10/17/2018 | $480,000 | Sold | N/A |
| 06/30/2014 | $259,000 | Sold | N/A |
| 09/26/2013 | $160,000 | Sold | N/A |
| 07/23/2013 | $199,000 | Listed For Sale | Agent Provided |
| 11/08/2005 | $401,000 | Sold | N/A |
| 08/10/1994 | $70,000 | Sold | N/A |
Market trends in Tempe
Last updated June 2026
Avg. sale price
$463K
$5KMoM
Sale-to-List Price
98.5%
0.1%MoM
Price per sq ft
$291
$2MoM
Available listings
550
13MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,132 |
| Assessment | $754,100 |
Home facts updated by county records
Comparable Sales for 1978 E DON CARLOS Avenue
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.16 | Multi-Family Home | $875,000 | 07/31/25 | 8 | 2 | - | |
0.51 | Multi-Family Home | $600,000 | 08/06/25 | 4 | 4 | 1,452 | |
1.32 | Multi-Family Home | $682,000 | 08/15/25 | 8 | 1 | 3,020 | |
1.79 | Multi-Family Home | $650,000 | 01/22/26 | 4 | 4 | 2,596 | |
1.31 | Multi-Family Home | $700,000 | 08/15/25 | 4 | 1 | 1,440 | |
1.99 | Multi-Family Home | $1,125,000 | 07/03/26 | 9 | 5 | 3,290 | |
1.35 | Multi-Family Home | $715,000 | 11/26/25 | 4 | 1 | 1,540 | |
2.28 | Multi-Family Home | $460,000 | 01/09/26 | 5 | 3 | 2,470 |
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