1201 S Farmer Avenue #1, Tempe, AZ 85281
Local realty services provided by:HUNT Real Estate ERA
1201 S Farmer Avenue #1,Tempe, AZ 85281
$595,000
- 0.2 Acres
- Lots / Land
- Active
Listed by:don t mortensen
Office:lra real estate group, llc.
MLS#:6864241
Source:ARMLS
Price summary
- Price:$595,000
About this home
Seize a rare Urban Infill Opportunity in Tempe's sought-after Farmer Arts District w/ easy access to the Light rail & Tempe Streetcar it is a walkable, thriving neighborhood perfect for ASU Students. Close to Mill Ave, Tempe Town Lake, & ASU. This lot is ready to build & *fully entitled by the City of Tempe in Jan 2025 for a proposed 3-Story 4-plex residential apartment project. The 7,315 SF four-plex consists of 4-Three Bedroom Units or 12 bedrooms Total (See documents tab). Located near valley's most sought-after retailers, Residents will enjoy close access to an extensive selection of top retailers. The neighborhood offers a blend of vintage appeal & redevelopment flexibility. Surrounded by record-setting investment activity & continued urban growth, this location is ideal.
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Home facts
- Listing ID #:6864241
- Updated:August 23, 2025 at 02:56 PM
Structure and exterior
- Lot area:0.2 Acres
Schools
- High school:Tempe High School
- Middle school:Getz School
- Elementary school:Getz School
Finances and disclosures
- Price:$595,000
- Tax amount:$2,677 (2024)
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