0.23 Acres of Residential Land for Sale in Tempe, Arizona

1190 S Maple Ave, Tempe, AZ 85281

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$725,000
0.23 acres
Active sale agoEst $7,047/mo

OWNERS SAY ''GET IT SOLD!'' Motivated Sellers offering this fantastic investor opportunity. Fabulous corner lot located in the highly desired Maple Farmer Ash neighborhood of Tempe! This lot has numerous options for the savvy investor or builder. Lot was purchased with city-approved plans for a single-family residence that will convey. The lot is zoned R-2 which allows for the +/- 10000 SF lot to be split. Seller has submitted the current design to the city that has (2) two two-story homes with attached ADUs (accessory dwelling units) for future rentals. The lot split has gone through the City of Tempe with minimal comments for final approvals. This lot is located within moments of the campus of Arizona State University, and the world-renowned Gammage Theatre, and is moments to Tempe's Mill Ave with all its restaurants, nightlife, and historic homes. Quick access to freeways and Sky Harbor (less than 10 minutes from door to terminal). This is a fantastic development opportunity to build upon looking towards the market for 2024 and beyond.

Property details

Coordinates
33.4164, -111.9415
Community
Park Tract
School District
Tempe Union High School District
Zoning
R-2
Elevation
1,161 feet
MLS Number
ARMLS 6590641
Date Listed

Legal description

Parcels

  • 132-45-071

Property taxes

2022
$2,961

This 0.23-acre property is located at 1190 S Maple Ave in Tempe, AZ 85281 with latitude 33.4164 and longitude -111.9415. The property is currently available for sale for $725,000 with a price per acre of $3,152,174. Listing data is sourced from Arizona Regional Multiple Listing Service # 6590641.

Verify sale details at the property source or contact Launch Powered by Compass at (480) 778-1555.

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Listing checked and updated . Parcel data by Regrid.

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