Tempe, AZ 85281
GOODWIN HOMES
$590,000
$677 / sf
Listing courtesy ofCentury 21 Arizona Foothills — Jessica Kreuser · 480-889-2151
Prime Development Opportunity in Tempe - 914 S Farmer Ave. is being sold in conjunction with 915 S Wilson St. 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.
1 story · Built 1945
Breakfast Bar
Dryer · Washer · Refrigerator · Dishwasher · Gas Range · Gas Oven
None
Detached Carport
Wood Frame · Chain Link fencing · Wood fencing · Dirt Back · Grass Front
Electric heating · Central Air cooling
Carry cost at today’s rate, including taxes, insurance, and HOA.
$3,515
Estimate only · Insurance modeled at 0.35% of value annually · Verify all costs with your lender.