1878 E Southern Avenue Unit -, Tempe, AZ 85282

$400,000
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Sold Price
$400,000
List Price
$550,000
Status
CLOSED
Days on Market
226
Closing Date
Sep 12, 2023
MLS#
6507976
Subtype
Land
Lot Size
18,018
Acres
0.41
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(602) 769-4725

Property Description

Rare Commercial/Residential opportunity located near Arizona State University and Downtown Tempe. Just 3 miles from the main ASU campus, this prime .41 acre property is zoned within the R-O district which allows new development at the residential level. This property is fully approved for 4, three story townhomes at 3375 square feet each. 4 car garages are optional and approved. Plans and approval are included in the purchase price. This project is shovel ready. Don't miss this rare opportunity to develop in a highly sought after location. Buy and start building now!

(602) 769-4725
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Additional Information

Taxes
$4,382
Zoning
RO
School District
Tempe Union High School District
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Pete Baldwin (480-326-6521) from Listing Office: Platinum Realty Network.

Selling Office: Realty ONE Group.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.