1190 South MAPLE Avenue 14 Tempe, AZ 85281

$725,000
0.23
Acres
$725,000
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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.

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.

  • Neighborhood
  • Type
  • County
    Maricopa
  • Area
    Tempe
  • Tax Amount
    $2,961
  • Status
    Active
  • Listing #
    6590641
  • Lot Size
    0.23
  • Listed on site
    282 days

Listed by:
Launch Powered By Compass

mls source logo Listing provided courtesy of Arizona Regional Multiple Listing Service, Inc. (ARMLS)
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School Info

Property details

Community Features

  • No HOA
  • Not Age Restricted

Property Features

  • Corner Lot

Exterior features

  • No Pool

Property History

DateDays AgoEventNew Price
Apr 2, 20242 mos agoPrice increased26,000 (4%)$725,000
Feb 9, 20243 mos agoPrice decreased100,000 (13%)$699,000
Dec 12, 20235 mos agoPrice decreased41,000 (5%)$799,000
Aug 10, 20239 mos agoNew on market$840,000
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