914 S Farmer Avenue, Tempe, AZ 85281

Tempe
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
914 S Farmer Avenue,Tempe, AZ 85281
$590,000
  • 2 Beds
  • 1 Baths
  • 590 sq. ft.
  • Single family
  • Active
Listed by: jessica kreuser
Office: century 21 arizona foothills
MLS#:7034154
Source:ARMLS

Price summary

  • Price:$590,000
  • Price per sq. ft.:$1,000

About this home

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.

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Home facts

  • Year built:1945
  • Listing ID #:7034154
  • Updated:July 25, 2026 at 04:10 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Living area:590 sq. ft.

Heating and cooling

  • Cooling:Evaporative Cooling
  • Heating:Electric
  • Central air:Yes

Structure and exterior

  • Year built:1945
  • Building area:590 sq. ft.
  • Lot area:0.23 Acres
  • Lot Features:Dirt Back, Grass Front
  • Construction Materials:Painted

Schools

  • High school:Tempe High School
  • Middle school:Connolly Middle School
  • Elementary school:Scales Technology Academy

Utilities

  • Water:City Water

Finances and disclosures

  • Price:$590,000
  • Price per sq. ft.:$1,000
  • Tax amount:$1,270 (2025)
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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