604 S Roosevelt Street, Tempe, AZ 85281

$1,625,000

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Sold Price
$1,625,000
List Price
$1,795,000
Status
CLOSED
Days on Market
138
Closing Date
Jul 13, 2026
MLS#
6993853
Subtype
Multiple Dwellings
Year Built
1955

Property Description

Located just steps from one of the Valley's busiest commuter routes and adjacent to the vibrant campus of Arizona State University, Roosevelt Place (''the Property'') offers a differentiated multifamily opportunity highlighted by its refreshed exterior and high-end interior upgrades. Delivered in 1955, the asset is ideally situated to capture sustained demand generated by ASU's sizable student enrollment, along with the growing concentration of young professionals driving momentum in North Tempe and around Tempe Town Lake, each within a short one-mile distance. The scarcity of comparable boutique, garden-style communities in a submarket experiencing layered growth dynamics positions Roosevelt Place as a highly attractive acquisition prospect.

Additional Information

Taxes
$3,089
Zoning
R-3
Heating
Electric
Air Conditioning
Electric
Exterior Construction
Block, Painted
Parking Features
>1 Space Per Unit

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Adam Saylor (480-600-2626) from Listing Office: Marcus & Millichap.

Selling Office: Marcus & Millichap.

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.