Unique Tempe INVESTMENT Opportunity on approx. 11,032 SF Zoned R-3 lot. Property includes two separate residences on one parcel. Front/East residence features 2 bedrooms and 1 bath and approx. 1,048 sq ft. Back/West residence features 2 bedrooms, 1 bath and approx. 1,048 sq ft. Both are tenant-occupied, producing $2,500 combined monthly rent. Each home has separate APS electric, City of Tempe water, and Southwest Gas meters. New Roof Aug 2026. County records identify the property as a Multiple Family Residence. ,Close to ASU, Downtown Tempe, shopping, dining, and major highways. Pair with adjoining parcel at 815 S Roosevelt St to assemble approx. 22,024 SF for possible Multi-Unit Redevelopment. All information deemed important to be verified by buyer or buyer's agent.

Listing courtesy of Realty ONE Group.



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Last checked: 2026-11-15 04:03 AM UTC