For Sale House MLS# 7034154

914 S Farmer Avenue

Tempe, AZ 85281

$590,000

About 914 S Farmer Avenue

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.

Property details

Property

Type
Single Family Residence
MLS type
Single Family Home
Status
Active
Year built
1945
Stories
1
Living area
590 sqft
Price / sqft
$1,000
Lot
0.23
Original price
$600,000
MLS #
7034154

Interior

Features
Central Air, Evaporative Cooling, Eat-in Kitchen, Electric
Heating
Electric
Cooling
Central Air, Evaporative Cooling

Exterior & lot

Construction
Wood Frame, Painted, Composition
Roof
Composition
Lot
12469083, Chain Link, Wood
Fence
Chain Link, Wood

Schools

District
Tempe School District
Elementary
Scales Technology Academy
Middle
Connolly Middle School
High
Tempe High School

Utilities

Utilities
Public Sewer, City Water
Water
City Water
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$1,270
Tax year
2025
Parcel
12469083

Location

Subdivision
GOODWIN HOMES
County
Maricopa
Neighborhood
Wilson Art & Garden
Community
Maricopa, No Fees, Arizona Regional Multiple Listing Service 2, Tempe School District

Location

Neighborhood
Wilson Art & Garden
Subdivision
GOODWIN HOMES
School district
Tempe School District

Ask about this property

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Listed by Jessica Kreuser, Century 21 Arizona Foothills

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.