Listed by R.O.I. Properties, ROI Properties
$1,950,000
Prime Location: ±1-acre site
Details
APN 133-18-035 & 133-18- 033
Property Type Land, Multifamily
Sub Type Residential
Square Footage 43,313
Price per SqFt $68
Buildings 1
Stories 1
Acreage 1.000
Zoning R-2
Land | 1 acres
Marketing description
This ±1-acre site consists of two contiguous parcels located in Tempe’s highly desirable Maple Ash Neighborhood, just steps from Arizona State University, Mill Avenue, and downtown Tempe. The property is zoned R-2, allowing up to 10 units per acre, and is designated Multi-Family Low-Moderate in the Tempe 2050 General Plan. This is a well-located infill opportunity in one of Tempe’s most walkable and high-demand rental markets.
Investment highlights
- Prime Location: ±1 acre site in the desirable Maple Ash Neighborhood, walking distance to ASU, Mill Avenue, and
- downtown Tempe.
- Zoning & Density: Zoned R-2 (10 units/acre); designated for Multi-Family Low Moderate in Tempe 2050 General Plan
- General Plan—allowing up to 25 units/acre.
- Development Potential: Rare infill opportunity in a high-demand rental market ideal for student or multifamily housing.
Listing Contacts
Listed by R.O.I. Properties, ROI Properties
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