914 South Farmer Avenue Tempe, AZ 85281

$590,000
2
Beds
1
Baths
0.23
Acres
590
SQFT
1000
$/SQFT
$590,000
2
Beds
1
Baths
590   sf
$1000 / sf
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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.

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.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Maricopa
  • Area
    Tempe
  • Tax Amount
    $1,270
  • Status
    Active
  • Listing #
    7034154
  • Built
    1945
  • Lot Size
    0.23
  • Listed on site
    50 days
  • Listing Agent Id
    jk536
  • Builder Name
    Unknown

Listed by:
Century 21 Arizona Foothills

mls source logo Listing provided courtesy of Arizona Regional Multiple Listing Service, Inc. (ARMLS)
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Community Features

  • No HOA
  • Not Age Restricted

Exterior features

  • No Pool

Property History

DateDays AgoEventNew Price
Jul 12, 202610 days agoPrice decreased10,000 (2%)$590,000
Jun 1, 20262 mos agoNew on market$600,000
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