$799,000
Tempe, AZ 85281
MLS# 7081317
3 beds | 1 baths

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Property Description
Rare scrape/redevelopment opportunity just steps from ASU! This 1,164 SF home sits on an oversized 11,024 SF lot zoned R-3 multifamily, offering strong upside for builders and investors. For maximum upside, pair with the adjoining parcel at 816 S Wilson St to assemble a combined 22,024 SF lot -- ideal for a multi-unit development in one of Tempe's most in-demand, walkable ASU-adjacent submarkets. Bring your vision and your builder; land and location like this rarely comes available this close to campus.
Details
Maps
Contract Information
List Price: $799,000
Status: Active
Current Price: $799,000
List Date: 2026-09-16
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location, Tax & Legal
House Number: 815
Compass: S
Street Name: ROOSEVELT
St Suffix: Street
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 5441
Country: US
County Code: Maricopa
Assessor Number: 124-69-125-A
Subdivision: MITCHELL SUB
Tax Year: 2025
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 3
Full Bathrooms: 1
Total Bathrooms: 1
Approx SQFT: 1164
Price/SqFt: 686.43
Horses: N
Builder Name: UNK
Year Built: 1955
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 11024
Approx Lot Acres: 0.253
Flood Zone: No
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: No
Elementary School District: Tempe School District
High School District: Tempe Union High School District
Elementary School: Holdeman Elementary School
Jr. High School: Geneva Epps Mosley Middle School
High School: Tempe High School
Legal Info
Township: 1N
Range: 4E
Section: 21
Lot Number: 7
Showing Notification Methods
Showing Service: Aligned Showings
Basement
Basement Y/N: N
DPR Eligible
DPR Eligible: Yes
Remarks Misc
Cross Street: University & Roosevelt
Directions: From University & Roosevelt - head south on Roosevelt. Property on East side of road just after Brakes Plus.
Geo Lat: 33.421182
Geo Lon: -111.946847
Property Features
Special Listing Cond: N/A
Master Bathroom: None
Spa: None
Dining Area: Eat-in Kitchen
Kitchen Features: Electric Range
Laundry: Washer Hookup
Foundation Details: Slab
Road Access Type: Alley; City Street
Road Surface Type: Asphalt; Paved
Road Responsibility: City Maintained Road
Construction: Block
Const - Finish: Painted
Roofing: Composition
Cooling: Central Air
Heating: Heat Pump
Utilities: APS
Water Source: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Back Yard; Chain Link
Landscaping: Dirt Front; Dirt Back
Lockbox Type: See Private Remarks; None
Possession: Close of Escrow
Association Fee Incl: No Fees
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional
Disclosures: Agency Discl Req
Listing Office: HomeSmart
Last Updated: September - 21 - 2026
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