1015 S Farmer Avenue Unit 5, Tempe, AZ 85281
- $425,000
- List Price
- $425,000
- Days on Market
- 20
- 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.
/u.realgeeks.media/lalasmithhomes/Logo.png){kind=logo}
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
Mortgage Calculator
Listing courtesy of Levrose Real Estate.
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.