$799,000
Tempe, AZ 85281
MLS# 7082130
4 beds | 2 baths
1 / 8
Property Description
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.
Details
Maps
Contract Information
List Price: $799,000
Status: Active
Current Price: $799,000
List Date: 2026-09-18
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location, Tax & Legal
House Number: 816
Compass: S
Street Name: WILSON
St Suffix: Street
St Dir Sfx: S
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 5984
Country: US
County Code: Maricopa
Assessor Number: 124-69-126-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: 4
Full Bathrooms: 2
Total Bathrooms: 2
Approx SQFT: 2096
Price/SqFt: 381.2
Horses: N
Builder Name: Unknown
Year Built: 1935
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 11000
Approx Lot Acres: 0.253
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: 8
Showing Notification Methods
Showing Service: Aligned Showings
Basement
Basement Y/N: N
Parking Spaces
Carport Spaces: 1
Total Covered Spaces: 1
Items Updated
Roof Yr Updated: 2026
Contact Info
List Agent Cell Phn2: 480-414-5164
DPR Eligible
DPR Eligible: Yes
Remarks Misc
Cross Street: Hardy/University
Directions: East on University, South on Wilson to home
Geo Lat: 33.42118
Geo Lon: -111.946191
Property Features
Special Listing Cond: N/A
Master Bathroom: 3/4 Bath Master Bdrm
Flooring: Concrete; Vinyl
Spa: None
Dining Area: Eat-in Kitchen
Kitchen Features: Refrigerator
Laundry: Washer Included; Dryer Included
Other Rooms: Great Room
Technology: Cable TV Avail
Exterior Features: Covered Patio(s); Patio
Parking Features: Rear Vehicle Entry
Construction: Wood Frame
Const - Finish: Painted
Roofing: Composition
Cooling: Evaporative Cooling; Ceiling Fan(s)
Heating: Natural Gas
Utilities: APS; SW Gas
Water Source: City Water
Sewer: Sewer - Public
Fencing: Chain Link
Property Description: Corner Lot; Alley
Landscaping: Dirt Front
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Possession: Subject To Tenant Rights
Unit Style: All on One Level
Association Fee Incl: No Fees
Existing 1st Loan: Conventional
New Financing: Cash; Conventional; 1031 Exchange
Disclosures: Agency Discl Req; None
Listing Office: Realty ONE Group
Last Updated: September - 24 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.