914 S Farmer Avenue, Tempe, AZ 85281

$590,000
2
BD
1
BA
590
SqFt

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List Price
$590,000
Status
ACTIVE
Days on Market
77
Price Change
▼ $10,000 1783822969
MLS#
7034154
Subtype
Residential
Year Built
1945
Bedrooms
2
Bathrooms
1
Full Baths
1
Living Area
590
Lot Size
10,000
Acres
0.23
Subdivision
Goodwin Homes

Property Description

Prime Development Opportunity in Tempe - 915 S Wilson St. is being sold in conjunction with 914 S. Farmer Ave. Two 10,000 sq ft lots, back-to-back, priced to move at $1,200,000. These sites present a rare chance to develop a significant project in a prime infill location. Zoned R-3 for multi-family residential development, these parcels offer outstanding potential for investors and builders looking to capitalize on strong demand for housing very near Arizona State University, downtown Tempe, and major employment centers. Architectural plans are available for nine townhomes across the combined parcels. This is a true development play in a high-demand market, perfect for those seeking scale and strong returns in Tempe's evolving urban core. Each lot has a home that is currently leased.

Additional Information

Interior Features
Eat-in Kitchen
Taxes
$1,269
Heating
Electric
Air Conditioning
Central Air, Evaporative Cooling
Exterior Construction
Wood Frame, Painted
Stories
1
Elementary School
Scales Technology Academy
Middle School
Connolly Middle School
High School
Tempe High School

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jessica Kreuser (480-236-0432) from Listing Office: Century 21 Arizona Foothills.

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