Unique Tempe INVESTMENT Opportunity on an approx. 11,032 SF R-3 zoned lot feauturing Two separate 2-bed/1-bath residences, both tenant-occupied and 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 Multiple Family Residence. Conveniently located near ASU, Downtown Tempe, shopping, dining and major transportation corridors. For added development potential, pair with the adjoining parcel at 815 S Roosevelt St to assemble a combined 22,024 SF--ideal for possible Multi-Unit Redevelopment. Buyer to verify zoning, land use, SF, permits, utilities, rents, and all facts material to purchase.
Courtesy of Realty ONE Group. 602-953-4000
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