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$620,000
7039647 MLS
Priced to sell! Lot split into four separately deeded parcels approved by the City of Tempe. Individual titling secured -- each unit is its own fee-simple lot. The Community Development Planning Division has APPROVED the Amended Subdivision Plat, meeting the Approval Criteria of Zoning and Development Code Section 6-307. This prime urban infill opportunity sits three blocks from Arizona State University. Each of the four parcels is designed for a three-story configuration with a ground-level garage and ~1,400-1,500 SF of living space across the second and third floors. In the heart of the ASU district, the property is minutes from dining, shopping, and entertainment along Mill Avenue and University Drive. Surrounded by year-round demand and strong long-term investment potential.

919 S Wilson Street Unit -, Tempe

Listing courtesy of Listing Agent: Fady Abuhmaidan (602-300-7332) from Listing Office: Urban and Company.

$349,000
7019910 MLS
Infill opportunity in the heart of Tempe! Spanning 13,225 square feet, this ready-to-build homesite is located off a quiet cul-de-sac, offering an ideal setting for a custom home with added privacy. Situationed in a fully built neighborhood, this is the last remaining chance to build new in an established area with no additional residential land available nearby. The property offers flexible development potential, including the possibility of multiple structures on one parcel (buyer to verify), making it attractive to homeowners and investors alike. Whether you're looking to design a primary residence, income-producing units, or a multi-generational setup, this lot provides a versatile foundation. Position just minutes from Arizona State University, the location benefits from strong and consisent housing demand driven by students, faculty, and professionals. The surrounding area is anchored by major employers, including State Farm, JPMorgan Chase, Wells Fargo, Honeywell Aerospace, and ADP, which support long-term value and rental appeal. Enjoy close proximity to top retail, dining, and entertainment destinations, including Arizona Mills, Tempe Marketplace, the Mill Avenue district, and Tempe Town Lake. The location also offers excellent connectivity, with easy access to US-60, Loop 101, and Loop 202, enabling convenient commuting throughout the Phoenix metro area. With limited supply, strong demand drivers, and a prime central location, the property presents a unique opportunity to build, invest, and capitalize on one of the most supply-constrained submarkets. Buyers to verify all facts, figures, zoning and development potential

136 E Fremont Drive Unit 261, Tempe

Listing courtesy of Listing Agent: Daniel E Kahn (480-282-0171) from Listing Office: E & G Real Estate Services.

$649,000
7002385 MLS
Location! Location! Location! Rare Tempe Multifamily R-3 Lot/project with 101 Highway street frontage!. Seller may carry!! This lot was previously approved to build 8 units and the seller will hand over everything to the buyer at no cost. includes: architectural plans, engineering reports, and final approval package. Tempe is pushing for higher density for vacant lots. Seller has hundred's of thousands of dollars and hours into this project and buyer could reap the benefits or you can build whatever suits your needs. Buyer will have to resubmit everything to get permits reapproved but should not take long. Steps away from Apache Blvd,, Circle K on the corner, and new development next to & behind the lot. Don't miss this opportunity to own this high density/high exposure lot.

1272 S Price Road Unit 80, Tempe

Listing courtesy of Listing Agent: John A Kovalik () from Listing Office: DeLex Realty.

$352,500
6994729 MLS
This offering represents a rare opportunity to acquire a prime infill development site located 1/2 mile from Arizona State University's Main Campus, positioned squarely in the heart of Tempe's most active residential corridor. With Medium-Density Residential zoning already in place, the property supports the development of four townhome units, the configuration most aligned with demand trends, buildability, and exit value in this submarket. The site is ideally situated within a high-barrier-to-entry area characterized by persistent land scarcity, escalating construction activity, and stable long-term growth. Its proximity to ASU ensures a strong, consistent student housing demand base, while also attracting young professionals seeking well-located urban housing near employment, entertainment, transit, and the Mill Avenue District.

1201 S Farmer Avenue Unit 1, Tempe

Listing courtesy of Listing Agent: Olivia Guza (406-580-2876) from Listing Office: Compass.

Selling Office: Non-MLS Office.

$1,300,000
6978717 MLS
READY TO BUILD, PERMITS READY TO BE PULLED. City-approved construction docs ready to go for a 13-unit modern apartment development. Fantastic rental area in Tempe. Hayden Lane Townhomes is planned with (9) 2-bedroom, 2.5-bathroom and (4) 3-bedroom, 2.5-bathroom units. They all have 4 private balconies per unit and each unit includes a two-car garage. The planned redevelopment is a highly compatible infill development of a vacant parcel surrounded mainly by multi-family residential uses in the larger area between McClintock Drive and Smith Road, and University Drive to Apache Boulevard. . The north side of Hayden Lane here has transitioned to exclusively multi-family uses over the last 60 years. Hayden Townhomes is very similar to the existing multi-family in the area. Owner Agent.

1916 E Hayden Lane Unit -, Tempe

Listing courtesy of Listing Agent: Carrick Sears (602-327-0325) from Listing Office: SVN/Desert Commercial Advisors.

$329,000
6821625 MLS
GREAT NEW PRICE! Seller wants it sold! This wonderful lot is the second lot from a lot split where the adjoining lot has already sold. Don't miss the opportunity on one of the best located lots in the highly sought after Maple - Farmer - Ash District of Tempe, that offers significant potential for development or investment. This listing is for the **BACK Lot:** at 4,613 sq ft. which backs to the alley and fronts to Maple Ave. Zoned R-2 with potential to build a home and ADU whether to live in or rent out. This prime lot is strategically located near Arizona State University, shops, restaurants, and other attractions, making it ideal for investment or personal use. As ASU grows, so does the need for housing in the area. This is an opportunity for very savvy buyers.

1190 S Maple Avenue Unit 1, Tempe

Listing courtesy of Listing Agent: Patrick Brown (310-614-0240) from Listing Office: Compass.

$818,750
6711106 MLS
Back on the Market. Amazing Opportunity. Situated adjacent to Arizona State University in Tempe, this remarkable multi-dwelling parcel presents an unparalleled opportunity for development. With full approval granted for the construction of 11 townhomes by the city of Tempe. Each townhome, spanning 1635 SQFT, boasts a spacious layout featuring 3 bedrooms, 3 bathrooms, and a 2 tandem car garage, catering to modern living needs. Currently in the final stages of securing approval from the city, offering a prime infill location ripe for immediate action. Whether the aim is to build, hold, sell, or rent, this project stands as a testament to potential and opportunity. Don't let this chance slip away; seize this extraordinary opportunity in the heart of Tempe.

1006 S Mcclintock Drive Unit 2, Tempe

Listing courtesy of Listing Agent: M Shahbaz Khan (602-570-4643) from Listing Office: Realty ONE Group.

Selling Office: Realty ONE Group.

$750,000
6688759 MLS
Over 1/3 of an acre lot surrounded by multi-family - a perfect place to redevelop and benefit from the strong rental demand in the heart of Tempe. Current structure can be razed. Recent major capital investment projects in close proximity include luxury apartments and Class A office space. Those familiar with the market know these infill lots are very rare, a savvy buyer will not hesitate to jump on this. A few blocks from the plentiful amenities along Tempe Town Lake and Mill Avenue, various large employers including ASU and easy access to freeways make this location ideal for your next project. Grandfathered irrigation rights. Property has been in the family for 70+ years and structures are 1950's era, PLEASE DO NOT ENTER STRUCTURES.

351 S Wilson Street Unit -, Tempe

Listing courtesy of Listing Agent: Hani Aldulaimi (480-900-8484) from Listing Office: Keller Williams Realty East Valley.

Selling Office: eXp Realty.

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.

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