914 S Farmer Avenue Tempe, AZ 85281

2 Beds
1 Bath
590 Sqft
10,000 Sqft lot
0.23 Acre lot
$600,000 Est. $2,209 / mo.*
Status: Active
Property Type: Single Family Residence
Year Built: 1945
Neighborhood: Goodwin Homes
Days on Website: 23

Courtesy of Century 21 Arizona Foothills {attribution_contact}

Description

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 and Features

  • "Stacked Washer/Dryer"
  • "Dryer"
  • "Washer"
  • "Refrigerator"
  • "Built-in Microwave"
  • "Gas Range"
  • "Gas Oven"
  • 1 full bathroom
  • 1 total bathroom
  • 2 total bedrooms
  • Built in 1945
  • Living area: 590
  • Construction materials: "Wood Frame", "Painted"
  • "Central Air"
  • "Evaporative Cooling"
  • "Chain Link"
  • "Wood"
  • "Electric"
  • Association fee includes: "No Fees"
  • "Eat-in Kitchen"
  • Listing ID: 7034154
  • Standard status: Active
  • 26 days on market
  • Subdivision name: GOODWIN HOMES
  • 0.23 acres
  • 10,000 sqft
  • "Dirt Back"
  • "Grass Front"
  • "Subject To Tenant Rights"
  • "Composition"
  • Elementary school: Scales Technology Academy
  • High school: Tempe High School
  • High school district: Tempe Union High School District
  • "Public Sewer"
  • Annual amount: $1,270
  • Lot: 13

This content last updated on June 27, 2026 12:13AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.