$600,000

914 S Farmer Avenue, Tempe, AZ 85281

  • 2 beds |
  • 1 bath |
  • 590 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1945
  • Property Lot Size Icon10,019sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $1,017/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Prime Development Opportunity in Tempe - 915 S Wilson St. is being sold in conjunction with 914 S. Farmer Ave. 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.

Listing Status:
Active
Date Added:
June 1, 2026
Data Last Updated:
July 5, 2026 at 7:08AM
Listing Office:
Century 21 Arizona Foothills : 480-889-2151
Listing Agent:
Jessica Kreuser : 480-236-0432
MLS ID:
7034154
  • General: Eat-in Kitchen
  • A/C: Central AirEvaporative Cooling
  • Heating: Electric
  • General: None
  • Roofing: Composition
  • General: Wood FramePainted
  • HOA Amenities: No Fees
  • Originating MLS: Arizona Regional Multiple Listing Service 2
  • School District: Tempe School District
  • County: Maricopa
  • Zoning: 12469083
  • Fencing: Chain LinkWood
  • Water: City Water
  • Sewer: Public Sewer
  • Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Jessica Kreuser , Century 21 Arizona Foothills

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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