914 S Farmer Avenue, Tempe, AZ 85281

New Listing

$600,000

Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 590 Lot Size (sq. ft.): 10,000 Status: Active

Current Price: $600,000 List Date: 6/01/2026 Last Modified: 6/01/2026

Overview

Description

Prime Development Opportunity in Tempe - 915 S Wilson St. is being sold in conjunction with 914 S. Farmer Ave. Seize these exceptional 10,000 sq ft lots in one of Tempe's most sought-after and rapidly growing neighborhoods. 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 near Arizona State University, downtown Tempe, and major employment centers. Priced to move at $1,200,000, these sites present a rare chance to develop a significant project in a prime infill location. 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

Supplements: returns in Tempe's evolving urban core. Each lot has a home that is currently leased. These homes have been consistent income producers for many years.

Listing Details MLS# 7034154

Location, Tax & Legal

House Number: 914
Compass: S
Street Name: Farmer
St Suffix: Avenue
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 6053
Country: US
County Code: Maricopa
Assessor Number: 124-69-083
Subdivision: GOODWIN HOMES
Tax Year: 2025
Assessor's Map #: 69
Legal Description (Abbrev): LOT 13 BLOCK 6 GOODWIN HOMES MCR 000714
Assessor's Parcel #: 83
Tax Municipality: Maricopa - COUNTY
Taxes: 1269.5

Contract Information

Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No

General Property Description

Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: Yes
# of Interior Levels: Yes
# Bedrooms: 2
Full Bathrooms: Yes
Total Bathrooms: Yes
Approx SQFT: 590
Price/SqFt: 1016.95
Horses: N
Builder Name: Unknown
Year Built: 1945
Lead Based Hazard Disclosure: No
Approx Lot SqFt: 10000
Approx Lot Acres: 0.23
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: No
Elementary School District: Tempe School District
High School District: Tempe Union High School District
Elementary School: Scales Technology Academy
Jr. High School: Connolly Middle School
High School: Tempe High School
Half Bathrooms: 0

Remarks Misc

Cross Street: Farmer Ave & 9th Street

Legal Info

Township: 1N
Range: 4E
Section: 21
Block: 6
Lot Number: 13

Basement

Basement Y/N: N

More Information

Parking Spaces

Slab Parking Spaces: 3
Total Covered Spaces: 0

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes
Email: Yes
Phone Call: Yes

Special Listing Cond

N/A: Yes

Construction

Wood Frame: Yes

Const - Finish

Painted: Yes

Roofing

Composition: Yes

Association & Fees

HOA Y/N: N
PAD Fee Y/N: N
Land Lease Fee Y/N: N
Ttl Mthly Fee Equiv: 0

Lockbox Type

None: Yes

Master Bathroom

None: Yes

Community Features

Biking/Walking Path: Yes
Near Bus Stop: Yes
Near Light Rail Stop: Yes

Dining Area

Eat-in Kitchen: Yes

Heating

Electric: Yes

Kitchen Features

Gas Oven: Yes
Gas Range: Yes
Built-in Microwave: Yes
Refrigerator: Yes

Cooling

Evaporative Cooling: Yes
Central Air: Yes

Laundry

Washer Included: Yes
Dryer Included: Yes
Stacked Washer/Dryer: Yes

Separate Den/Office

Sep Den/Office Y/N: N

Fencing

Wood: Yes
Chain Link: Yes

Water Source

City Water: Yes

Spa

None: Yes

Sewer

Sewer - Public: Yes

New Financing

Cash: Yes

Utilities

APS: Yes
SW Gas: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Landscaping

Dirt Back: Yes
Grass Front: Yes

Disclosures

Seller Discl Avail: Yes
Agency Discl Req: Yes

Possession

Subject To Tenant Rights: Yes

Association Fee Incl

No Fees: Yes

Assoc Rules/Info

None: Yes

Property Features

Special Listing Cond: N/A Master Bathroom: None Spa: None Community Features: Biking/Walking Path; Near Bus Stop; Near Light Rail Stop Dining Area: Eat-in Kitchen Kitchen Features: Gas Oven; Gas Range; Built-in Microwave; Refrigerator Laundry: Washer Included; Dryer Included; Stacked Washer/Dryer Construction: Wood Frame Const - Finish: Painted Roofing: Composition Cooling: Central Air; Evaporative Cooling Heating: Electric Utilities: APS; SW Gas Water Source: City Water Sewer: Sewer - Public Fencing: Wood; Chain Link Landscaping: Dirt Back; Grass Front Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Possession: Subject To Tenant Rights Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash Disclosures: Seller Discl Avail; Agency Discl Req

Listing Office: Century 21 Arizona Foothills

Last Updated: June - 01 - 2026