Property Type:
Land
Lot Size (sq. ft.):
43,313
Status:
Active
Current Price:
$2,950,000
List Date:
5/21/2025
Last Modified:
11/25/2025
Description
This ±1-acre site consists of two contiguous parcels located in Tempe's highly desirable Maple Ash Neighborhood, just steps from Arizona State University, Mill Avenue, and downtown Tempe. Currently zoned R-2 (allowing up to 10 units/acre), the property is designated Multi-Family Low-Moderate in the Tempe 2050 General Plan, supporting potential densities of up to 25 units/acre (see page 4). An exceptional infill opportunity in one of Tempe's most walkable and high-demand rental markets.
Last Updated: November - 25 - 2025
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