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About This Home

This 2-bedroom, 1-bathroom single family at 914 S Farmer Avenue in Tempe, AZ is listed for $600,000 ($1,017 per sqft). Built in 1945, the home offers 590 sqft of living space on a 0.23 acres lot.

Agent Description

Prime Development Opportunity in Tempe - 915 S Wilson St. is being sold in conjunction with 914 S. Farmer Ave. Seize these exceptional 10,000 sq ft lots in one of Tempe's most sought-after and rapidly growing neighborhoods. Zoned R-3 for multi-family residential development, these parcels offer outstanding potential for investors and builders looki

ng to capitalize on strong demand for housing near Arizona State University, downtown Tempe, and major employment centers. Priced to move at $1,200,000, these sites present a rare chance to develop a significant project in a prime infill location. Architectural plans are available for nine townhomes across the combined parcels.

This is a true development play in a high-demand market, perfect for those seeking scale and strong returns in Tempe's evolving urban core. Each lot has a home that is currently leased. These homes have been consistent income producers for many years.

Key Features

  • Built in 1945
  • 0.23 acre lot

Property Details

1 story
1 full
1945

Amenities

A/C

Monthly Cost Estimate

$3,209/mo

20% down · 6.5% · 30 years

Principal$434
Interest$2,600
Insurance$175

Estimates only. Actual payments may vary.

Location

914 S Farmer Avenue

Tempe, AZ 85281

GOODWIN HOMES

Features & Amenities

Interior Features

Eat-in Kitchen

Property Details

Construction

Wood Frame Painted

Heating

Electric (Heating)

Cooling

Evaporative CoolingCentral Air

Appliances

Stacked Washer/DryerDryerWasherRefrigeratorBuilt-in MicrowaveGas RangeGas Oven

Questions & Answers

This 2-bedroom, 1-bathroom single family at 914 S Farmer Avenue is listed at $600,000 ($1,017/sqft). The estimated monthly payment is $2,600 based on 20% down at 6.5% interest.

Key features include: Built in 1945, 0.23 acre lot. Interior Features: Eat-in Kitchen.

This property is listed by Jessica Kreuser and can be reached at 4802360432 or jessica_kreuser@yahoo.com.

JK

Jessica Kreuser

Agent at Century 21 Arizona Foothills

(480) 236-0432

Listed by Century 21 Arizona Foothills

MLS# 7034154· Source: listhub· Updated 6 days ago

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

914 S Farmer Avenue, Tempe, AZ 85281

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