MLS# 7050834 – 1015 S Farmer Avenue Unit 5, Tempe, AZ 85281

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$425,000 - Br/Ba - for Sale in Farmers Addition Blocks 1-2 Part 3 Lots 1-5, Tempe
Price: $425,000
Lot Size Acres: 0.16
Lot Size SqFt: 7,125
Status: Active
Property Type: Land
Days on Website: 10

Courtesy of Levrose Real Estate

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Property Description

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. 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.

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Property Details and Features

  • Building
  • Other structures: “None”
  • Listing
  • Listing ID: 7050834
  • Standard status: Active
  • 10 days on market
  • Location
  • Subdivision name: FARMERS ADDITION BLOCKS 1-2 PART 3 LOTS 1-5
  • Lot
  • 0.16 acres
  • 7,125 sqft
  • Property
  • View: “City”
  • Zoning: R-3
  • Schools
  • High school district: Tempe Union High School District
  • Sewer
  • “Public Sewer”
  • Taxes
  • Annual amount: $2,034
  • Lot: 5
  • Utilities
  • “SRP”

Property Map

$425,000 – 1015 S Farmer Avenue Unit 5, Tempe, AZ 85281

Street View

Nearby Schools

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Brian Young PLLC
HomeSmart Elite Group
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653) Office
838388 E Hartford Drive Suite 100, Scottsdale, Arizona 85255
Fax:

Request More Information

Brian Young PLLC
HomeSmart Elite Group
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653) Office
838388 E Hartford Drive Suite 100, Scottsdale, Arizona 85255
Fax:

Schedule a Showing

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This content last updated on July 17, 2026 4:13PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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