48 W Thomas Lane Unit 1, Tempe, AZ 85281

$350,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$350,000
List Price
$350,000
Closing Date
Mar 03, 2025
Days on Market
7
Status
CLOSED
MLS#
6803583
City
Tempe
Lot Size
6,957
Subdivision
College View

Property Description

Walking distance to ASU and nearby hospital and business, this is a fantastic opportunity to develop a multi-family property or dream home. North south exposure, corner lot, quiet street, this lot has a ton of potential. AZ House Bill 2721 provides allowances to build mult family residential on land previously zones residential. Cities must have ordinances in place by 1/1/26.

Additional Information

Elementary School
Holdeman Elementary School
High School
Tempe High School
Middle School
Geneva Epps Mosley Middle School
School District
Tempe Union High School District
Acres
0.18
Electric
APS
Fencing
Chain Link
Lot Size
6,957
New Financing
Cash, Conventional
Lot Features
Corner Lot, North/South Exp
Sewer
Public Sewer
Subdivision
College View
Taxes
$2,631
Tax Year
2024
Vegetation
Natural Vegetation
Water
City Franchise
Zoning
R-2

Courtesy of Real Broker. 602-755-3415 Selling Office: AZ Brokerage Holdings, LLC.

Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks