$425,000
1015 S Farmer Avenue #5
- Listed
- Jul 7, 2026
- Since listed
- 74 days
- Lot
- 7,125 sqft lot
Home highlights
- No HOA
- City
About this home
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.
From ARMLS
Property details
Systems & utilities
- Electric
- SRP
- Sewer
- Public Sewer
- Water source
- Domestic Well
Lot, exterior & construction
- Lot size
- 7,125 sqft lot
- Views
- City
- Other structures
- None
Community & lifestyle
- Subdivision
- FARMERS ADDITION BLOCKS 1-2 PART 3 LOTS 1-5
Location
Explore the neighborhood
1015 S Farmer Avenue #5, Tempe, AZ 85281
Map location is based on MLS coordinates. Verify the exact property location before visiting.
Listing information
- Status
- Active
- MLS number
- 7050834
- Listed
- Jul 7, 2026
- Last updated
- Jul 7, 2026, 10:35 AM MST
- County
- Maricopa
- Tax year
- 225
- Listing terms
- Owner May Carry, Cash, Seller Approve Terms, Conventional
- Special conditions
- N/A
- Listing agent
- Gunnar Sinnett
- Listing brokerage
- Levrose Real Estate
Listing courtesy of Gunnar Sinnett, Levrose Real Estate.