Residential Land for Sale in Tempe, Arizona
112 W 12th St, Tempe, AZ 85281
GREAT NEW PRICE! Seller wants it sold! This wonderful lot is the second lot from a lot split where the adjoining lot has already sold. Don't miss the opportunity on one of the best located lots in the highly sought after Maple - Farmer - Ash District of Tempe, that offers significant potential for development or investment. This listing is for the lot which abuts to the alley and fronts to 12th St and sits at 4,613 sq ft. Zoned R-2 with potential to build a home and ADU whether to live in or rent out. This prime lot is strategically located near Arizona State University, shops, restaurants, and other attractions, making it ideal for investment or personal use. As ASU grows, so does the need for housing in the area. This is an opportunity for very savvy buyers.
Location
- Street address
- 112 W 12th St
- County
- Maricopa County
- Zip code
- 85281
- Community
- Park Tract
- School district
- Tempe Union High School District
- Elevation
- 1,161 feet
Property details
- Lot size
- 0.106 acres4,617 sq ft
- Zoning
- R-2
- MLS #
- ARMLS 6821625
- Posted
Property taxes
- 2024
- $3,124 - PARK TR
Parcels
- 132-45-141
Details and features
Listing
- Type
- Land
Structure
- Sewer
- Public Sewer
Nearby schools
| Name | Type | District |
|---|---|---|
| Tempe High School | High | Tempe Union High School District |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 6, 2026 | Price drop | $329,000 | $40,000 -10.8% | ARMLS |
| Aug 14, 2025 | Price increase | $369,000 | $20,000 5.7% | ARMLS |
| July 9, 2025 | Price increase | $349,000 | $40,000 12.9% | ARMLS |
| Mar 29, 2025 | Price drop | $309,000 | $40,000 -11.5% | ARMLS |
| Feb 16, 2025 | New listing | $349,000 | — | ARMLS |