$1,795,000

604 S Roosevelt Street, Tempe, AZ 85281

Multi-Family Home
Built in 1955
—— sqft lot
—— car garage
$——/sqft
Listed 27 days ago

Property Description

Located just steps from one of the Valley's busiest commuter routes and adjacent to the vibrant campus of Arizona State University, Roosevelt Place (''the Property'') offers a differentiated multifamily opportunity highlighted by its refreshed exterior and high-end interior upgrades. Delivered in 1955, the asset is ideally situated to capture sustained demand generated by ASU's sizable student enrollment, along with the growing concentration of young professionals driving momentum in North Tempe and around Tempe Town Lake, each within a short one-mile distance. The scarcity of comparable boutique, garden-style communities in a submarket experiencing layered growth dynamics positions Roosevelt Place as a highly attractive acquisition prospect.

Listing Status:: Active
Date Added:: March 5, 2026
Data Last Updated:: April 2, 2026 at 12:06PM
Listing Office:: Marcus & Millichap : 602-687-6700
Listing Agent:: Adam Saylor :
MLS ID:: 6993853

Flooring: Vinyl
A/C: Electric
Heating: Electric

Parking: >1 Space Per UnitParking spaces: 16

Roofing: Foam
General: PaintedBlock

Road/Access: Asphalt
Originating MLS: Arizona Regional Multiple Listing Service 2
County: Maricopa

Zoning: R-312434009B

Water: Master Meter
Sewer: Public Sewer

Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Adam Saylor , Marcus & Millichap

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Scales Technology Academy

1115 W 5th St, Tempe, AZ, 85281

Grades KG-5

0.44 miles away

Gililland Middle School

1025 S Beck Ave, Tempe, AZ, 85281

Grades 6-8

0.62 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.