$485,000
Tempe, AZ 85281
MLS# 6812411
Status: Closed

1 / 4
Property Description
Rare opportunity for an urban multi-family infill lot just three blocks from ASU. The property is re-zoned for 4 units, with building plans currently in the approval process. Located steps away from popular dining, shopping, and amenities on Mill and University Avenue, including Whole Foods, Oregano's, Pita Jungle, Starbucks, and more. Positioned at the heart of the ASU experience, this development promises strong demand and excellent rental potential
Details
Maps
Contract Information
Type: Exclusive Right To Sell
For Sale or Lease?: Sale
Current Price: $485,000
Sold Price: $485,000
Status: Closed
List Date: 2025-01-29
Location, Tax & Legal
Lot #: 5
Assessor's Map #: 69
Legal Description (Abbrev): GOODWIN HOMES
Assessor's Parcel #: 75
Add'l Parcels: No
Tax Municipality: Tempe
Census Tract: 318900
Taxes: 3410
House Number: 919
Compass: S
Street Name: WILSON
St Suffix: Street
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 5529
County Code: Maricopa
Assessor Number: 124-69-075
Subdivision: GOODWIN HOMES
Tax Year: 2024
General Property Description
Apx Total Acres: 0.23
Apx Total Acres G/N: G
Price Per Acre: 2173913.04
# Lots in Listing: 1
Apx SqFt: 10000
Price Per SqFt: 50
Apx SqFt G/N: G
Lot Size Dimensions: IRR
Flood Zone: No
High School District: Tempe Union High School District
Zoning: M-H, R-3
Legal Info
Range: 4E
Section: 21
Township: 1N
Lot Number: 5
Special Listing Cond
Pre-Foreclosure: 1
Pmt & Rate Info
Equity: 500000
Total Owed: 0
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
Assessed Balance: 0
HOA 2 Y/N: N
Showing Notification Methods
Showing Service: Aligned Showings
No Notification Required to Show: 1
Lockbox Type
None: 1
Existing Land Use
Residential Lot: 1
Zoned Presently
Multi-Family: 1
Potential Use
Multi-Family: 1
Parcel Size
.0 - .24 Acres: 1
Water Source
Other: 1
Sewer
Other: 1
Electric
Other (See Rmks): 1
Gas
None: 1
Distance to Cable
Call Listing Office: 1
New Financing
Cash: 1
Conventional: 1
Distance to Phone
Call Listing Office: 1
Distance to Water
Call Listing Office: 1
Existing 1st Loan
Treat as Free&Clear: 1
Distance to Electric
Call Listing Office: 1
Distance to Gas
None: 1
Distance to Sewer
Call Listing Office: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: University and Mill
Directions: West on University to Wilson, South to property
Geo Lat: 33.419943
Geo Lon: -111.945331
Status Change Info
Off Market Date: 2025-02-28
Under Contract Date: 2025-02-12
Close of Escrow Date: 2025-02-27
Sold Price: $485,000
Property Features
Special Listing Cond: Pre-Foreclosure
Existing Land Use: Residential Lot
Zoned Presently: Multi-Family
Potential Use: Multi-Family
Parcel Size: .0 - .24 Acres
Water Source: Other
Sewer: Other
Electric: Other (See Rmks)
Gas: None
Distance to Cable: Call Listing Office
Distance to Phone: Call Listing Office
Distance to Water: Call Listing Office
Distance to Electric: Call Listing Office
Distance to Gas: None
Distance to Sewer: Call Listing Office
Existing 1st Loan: Treat as Free&Clear
Existing 3rd Loan: Treat as Free&Clear
New Financing: Cash; Conventional
Environmental: None
Showing Notification Methods: No Notification Required to Show
Lockbox Type: None
Listing Office: Compass
Last Updated: April - 01 - 2026
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