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Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
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1201 S Farmer Avenue (unit 1), Tempe, AZ – $604,095

  • $604k Price
  • .2 Acres
  • $604k Price
  • .2 Acres

1201 S Farmer Avenue (unit 1)

Seize a rare Urban Infill Opportunity in Tempe's sought-after Farmer Arts District w/ easy access to the Light rail & Tempe Streetcar it is a walkable, thriving neighborhood perfect for ASU Students. Close to Mill Ave, Tempe Town Lake, & ASU. This lot is ready to build & *fully entitled by the City of Tempe in Jan 2025 for a proposed 3-Story 4-plex residential apartment project. The 7,315 SF four-plex consists of 4-Three Bedroom Units or 12 bedrooms Total (See documents tab). Located near valley's most sought-after retailers, Residents will enjoy close access to an extensive selection of top retailers. The neighborhood offers a blend of vintage appeal & redevelopment flexibility. Surrounded by record-setting investment activity & continued urban growth, this location is ideal.

Essential Information

  • MLS® #6864241
  • Price$604,095
  • Bathrooms0.00
  • Acres0.20
  • TypeLand
  • StatusActive

Community Information

  • Address1201 S Farmer Avenue (unit 1)
  • CityTempe
  • CountyMaricopa
  • StateAZ
  • Zip Code85281

Subdivision

FARMERS ADDITION BLOCKS 1-2 & PART 3 & LOTS 1-5

School Information

  • ElementaryGetz School
  • MiddleGetz School
  • HighTempe High School

District

Tempe Union High School District

Additional Information

  • ZoningM-H

Listing Details

  • OfficeLRA Real Estate Group, LLC
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LRA Real Estate Group, LLC.

Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on June 20th, 2025 at 9:00pm MST.