1015 S Farmer Avenue Unit 5, Tempe, AZ 85281
- $425,000
- List Price
- $425,000
- Days on Market
- 65
- Status
- ACTIVE
- MLS#
- 7050834
- City
- Tempe
- Lot Size
- 7,125
- Subdivision
- Farmers Addition Blocks 1-2 Part 3 Lots 1-5
Property Description
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. 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.
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Additional Information
- Acres
- 0.16
- Electric
- SRP
- Lot Size
- 7,125
- New Financing
- Cash, Conventional, Seller Approve Terms, Owner May Carry
- Subdivision
- Farmers Addition Blocks 1-2 Part 3 Lots 1-5
- Taxes
- $2,033
- Tax Year
- 225
- Water
- Domestic
- Zoning
- R-3
Courtesy of Levrose Real Estate. 480-947-0600
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