1201 S Farmer Avenue #1, Tempe, AZ 85281

Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
1201 S Farmer Avenue #1,Tempe, AZ 85281
$604,095
  • 0.2 Acres
  • Lots / Land
  • Active
Listed by:don t mortensen
Office:lra real estate group, llc.
MLS#:6864241
Source:ARMLS

Price summary

  • Price:$604,095

About this home

Seize a rare Urban Infill Opportunity in Tempe's sought-after Farmer Arts District w/ easy access to the Light rail & Tempe Streetcar it is a walkable, thriving neighborhood perfect for ASU Students. Close to Mill Ave, Tempe Town Lake, & ASU. This lot is ready to build & *fully entitled by the City of Tempe in Jan 2025 for a proposed 3-Story 4-plex residential apartment project. The 7,315 SF four-plex consists of 4-Three Bedroom Units or 12 bedrooms Total (See documents tab). Located near valley's most sought-after retailers, Residents will enjoy close access to an extensive selection of top retailers. The neighborhood offers a blend of vintage appeal & redevelopment flexibility. Surrounded by record-setting investment activity & continued urban growth, this location is ideal.

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Home facts

  • Listing Id #:6864241
  • Updated:August 19, 2025 at 03:02 PM

Structure and exterior

  • Lot area:0.2 Acres

Schools

  • High school:Tempe High School
  • Middle school:Getz School
  • Elementary school:Getz School

Finances and disclosures

  • Price:$604,095
  • Tax amount:$2,677 (2024)
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