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914 S Farmer Avenue, Tempe, AZ 85281 — photo 1 of 10
ActiveMLS #7034154

$590,000

914 S Farmer Avenue

Tempe, AZ 85281

2beds
1baths
590sqft
Price per sqft
$1,000/sqft
Listed
May 27, 2026
Since listed
112 days
Lot
10,000 sqft lot

Home highlights

  • Single-story
  • No HOA

About this home

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.

From ARMLS

Property details

Home & layout

Property type
Single Family Residence
Bedrooms
2
Bathrooms
1
Living area
590 sqft
Year built
1945
Stories
Single-story

Interior

Interior features
Eat-in Kitchen

Systems & utilities

Heating
Electric
Cooling
Central Air, Evaporative Cooling
Sewer
Public Sewer
Water source
City Water

Lot, exterior & construction

Lot size
10,000 sqft lot
Lot features
Dirt Back, Grass Front
Construction
Wood Frame, Painted
Roof
Composition
Fencing
Chain Link, Wood
Spa
None

Parking & access

Garage
0 spaces
Carport
0 spaces
Covered parking
0 spaces

Community & lifestyle

Subdivision
GOODWIN HOMES
Community features
Near Light Rail Stop, Near Bus Stop, Biking/Walking Path

Location

Explore the neighborhood

914 S Farmer Avenue, Tempe, AZ 85281

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Schools

School assignments can change and are not guaranteed. Please verify enrollment directly with the district.

Listing information

Status
Active
MLS number
7034154
Listed
May 27, 2026
Last updated
Aug 11, 2026, 10:36 AM MST
County
Maricopa
Tax year
2025
Listing terms
Cash
Possession
Subject To Tenant Rights
Special conditions
N/A
Listing agent
Jessica Kreuser
Listing brokerage
Century 21 Arizona Foothills

Listing courtesy of Jessica Kreuser, Century 21 Arizona Foothills.

914 S Farmer Avenue, Tempe AZ | Wendy Macica