1015 S Farmer Avenue #5, Tempe, AZ 85281

Tempe
Local realty services provided by:Success Property Brokers ERA Powered
1015 S Farmer Avenue #5,Tempe, AZ 85281
$425,000
  • 0.16 Acres
  • Lots / Land
  • Active
Listed by: gunnar sinnett
Office: levrose real estate
MLS#:7050834
Source:ARMLS

Price summary

  • Price:$425,000

About this home

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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Home facts

  • Subdivision & Development:FARMERS ADDITION BLOCKS 1-2 PART 3 LOTS 1-5
  • Listing ID #:7050834
  • Updated:August 19, 2026 at 03:02 PM

Structure and exterior

  • Lot area:0.16 Acres

Utilities

  • Water:Domestic Well

Finances and disclosures

  • Price:$425,000
  • Tax amount:$2,034 (225)
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. ARMLS Member Broker: Byron Short

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