1015 S Farmer Avenue #5, Tempe, AZ 85281

Tempe
Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
1015 S Farmer Avenue #5,Tempe, AZ 85281
$425,000
  • 0.16 Acres
  • Lots / Land
  • Active
Listed by: gunnar sinnett
Office: levrose real estate
MLS#:7050834
Source:ARMLS

Price summary

  • Price:$425,000

About this home

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.

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Home facts

  • Subdivision & Development:FARMERS ADDITION BLOCKS 1-2 PART 3 LOTS 1-5
  • Listing ID #:7050834
  • Updated:August 22, 2026 at 03:37 PM

Structure and exterior

  • Lot area:0.16 Acres

Utilities

  • Water:Domestic Well

Finances and disclosures

  • Price:$425,000
  • Tax amount:$2,034 (225)
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