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$495,000
7077357 MLS
PRIME TEMPE DEVELOPMENT OPPORTUNITY | RARE MULTIFAMILY BUILD SITE NEAR ASU | TWO PARCELS, ENDLESS POTENTIAL This parcel may be purchased individually or together with the adjacent parcel 124-70-003, offering the opportunity for a larger redevelopment site. See MLS #7077345 for the adjacent parcel. A rare opportunity to secure a prime redevelopment site in the heart of Tempe, just minutes from ASU. Located in one of the Valley's most sought-after multifamily submarkets, with R-3 zoning allowing medium-density multifamily development. Whether you're an investor or developer looking to capitalize on the area's strong student-housing demand and proximity to ASU, this site offers an opportunity to bring your vision to life. Opportunities of this scale and proximity to ASU are rare to find

1027 S Farmer Avenue Unit 7, Tempe

$995,000
7077345 MLS
PRIME TEMPE DEVELOPMENT OPPORTUNITY | RARE MULTIFAMILY BUILD SITE NEAR ASU | TWO PARCELS, ENDLESS POTENTIAL A rare opportunity to secure a prime redevelopment site in the heart of Tempe, just minutes from ASU. Located in one of the Valley's most sought-after multifamily submarkets, this offering includes two parcels, 124-70-002 and 124-70-003, with R-3 zoning allowing medium-density multifamily development. Whether you're an investor or developer looking to capitalize on the area's strong student-housing demand and proximity to ASU, this site offers an opportunity to bring your vision to life. Purchase both parcels together or separately, providing flexibility to suit your development strategy. Opportunities of this scale and proximity to ASU are rare to find.

1031 S Farmer Ave Lots 7 & -- Unit 8, Tempe

$620,000
7039647 MLS
Priced to sell! Lot split into four separately deeded parcels approved by the City of Tempe. Individual titling secured -- each unit is its own fee-simple lot. The Community Development Planning Division has APPROVED the Amended Subdivision Plat, meeting the Approval Criteria of Zoning and Development Code Section 6-307. This prime urban infill opportunity sits three blocks from Arizona State University. Each of the four parcels is designed for a three-story configuration with a ground-level garage and ~1,750 SF of living space across the first, second and third floors. In the heart of the ASU district, the property is minutes from dining, shopping, and entertainment along Mill Avenue and University Drive. Surrounded by year-round demand and strong long-term investment potential.

919 S Wilson Street Unit -, Tempe

$349,000
7019910 MLS
Rare infill vacant lot opportunity in central Tempe! Situated at the end of a quiet cul-de-sac in established Tempe Gardens, this 13,255 sq. ft. parcel is one of the last remaining vacant homesites in the area. With generous dimensions and no HOA, the property offers flexible development potential ideal for a custom primary residence, multi-generational layout, or an accessory dwelling setup. Enjoy unbeatable central East Valley connectivity just minutes from Arizona State University, Mill Avenue dining and entertainment, Tempe Town Lake, and Tempe Marketplace. Quick access to US-60, Loop 101, and Loop 202 ensures seamless commutes across the Valley. A unique canvas in a fully built-out neighborhood where residential land rarely becomes available.

136 E Fremont Drive Unit 261, Tempe

$649,000
7002385 MLS
Location! Location! Location! Rare Tempe Multifamily R-3 Lot/project with 101 Highway street frontage!. Seller may carry!! This lot was previously approved to build 8 units and the seller will hand over everything to the buyer at no cost. includes: architectural plans, engineering reports, and final approval package. Tempe is pushing for higher density for vacant lots. Seller has hundred's of thousands of dollars and hours into this project and buyer could reap the benefits or you can build whatever suits your needs. Buyer will have to resubmit everything to get permits reapproved but should not take long. Steps away from Apache Blvd,, Circle K on the corner, and new development next to & behind the lot. Don't miss this opportunity to own this high density/high exposure lot.

1272 S Price Road Unit 80, Tempe

$352,500
6994729 MLS
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. With Medium-Density Residential zoning already in place, the property supports the development of four townhome units, the configuration most aligned with demand trends, buildability, and exit value in this submarket. 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.

1201 S Farmer Avenue Unit 1, Tempe

$1,300,000
6978717 MLS
READY TO BUILD, PERMITS READY TO BE PULLED. City-approved construction docs ready to go for a 13-unit modern apartment development. Fantastic rental area in Tempe. Hayden Lane Townhomes is planned with (9) 2-bedroom, 2.5-bathroom and (4) 3-bedroom, 2.5-bathroom units. They all have 4 private balconies per unit and each unit includes a two-car garage. The planned redevelopment is a highly compatible infill development of a vacant parcel surrounded mainly by multi-family residential uses in the larger area between McClintock Drive and Smith Road, and University Drive to Apache Boulevard. . The north side of Hayden Lane here has transitioned to exclusively multi-family uses over the last 60 years. Hayden Townhomes is very similar to the existing multi-family in the area. Owner Agent.

1916 E Hayden Lane Unit -, Tempe

$329,000
6821625 MLS
GREAT NEW PRICE! Seller wants it sold! This wonderful lot is the second lot from a lot split where the adjoining lot has already sold. Don't miss the opportunity on one of the best located lots in the highly sought after Maple - Farmer - Ash District of Tempe, that offers significant potential for development or investment. This listing is for the lot which abuts to the alley and fronts to 12th St and sits at 4,613 sq ft. Zoned R-2 with potential to build a home and ADU whether to live in or rent out. This prime lot is strategically located near Arizona State University, shops, restaurants, and other attractions, making it ideal for investment or personal use. As ASU grows, so does the need for housing in the area. This is an opportunity for very savvy buyers.

112 W 12th Street Unit -, Tempe

$818,750
6711106 MLS
Back on the Market. Amazing Opportunity. Situated adjacent to Arizona State University in Tempe, this remarkable multi-dwelling parcel presents an unparalleled opportunity for development. With full approval granted for the construction of 11 townhomes by the city of Tempe. Each townhome, spanning 1635 SQFT, boasts a spacious layout featuring 3 bedrooms, 3 bathrooms, and a 2 tandem car garage, catering to modern living needs. Currently in the final stages of securing approval from the city, offering a prime infill location ripe for immediate action. Whether the aim is to build, hold, sell, or rent, this project stands as a testament to potential and opportunity. Don't let this chance slip away; seize this extraordinary opportunity in the heart of Tempe.

1006 S Mcclintock Drive Unit 2, Tempe

$750,000
6688759 MLS
Over 1/3 of an acre lot surrounded by multi-family - a perfect place to redevelop and benefit from the strong rental demand in the heart of Tempe. Current structure can be razed. Recent major capital investment projects in close proximity include luxury apartments and Class A office space. Those familiar with the market know these infill lots are very rare, a savvy buyer will not hesitate to jump on this. A few blocks from the plentiful amenities along Tempe Town Lake and Mill Avenue, various large employers including ASU and easy access to freeways make this location ideal for your next project. Grandfathered irrigation rights. Property has been in the family for 70+ years and structures are 1950's era, PLEASE DO NOT ENTER STRUCTURES.

351 S Wilson Street Unit -, Tempe

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