$799,000
Tempe, AZ 85281
MLS# 7082130
2 beds | 1 baths
1 / 8
Property Description
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.
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: 2
Full Bathrooms: 1
Total Bathrooms: 1
Approx SQFT: 1048
Price/SqFt: 762.4
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
Remarks Misc
Cross Street: Hardy/University
Directions: East on University, South on Wilson to home
Geo Lat: 33.42118
Geo Lon: -111.946191
Legal Info
Township: 1N
Range: 4E
Section: 21
Lot Number: 8
Basement
Basement Y/N: N
Items Updated
Roof Yr Updated: 2026
Parking Spaces
Carport Spaces: 1
Total Covered Spaces: 1
Showing Notification Methods
Showing Service: Aligned Showings
Contact Info
List Agent Cell Phn2: 480-414-5164
Property Features
Special Listing Cond: N/A
Master Bathroom: 3/4 Bath Master Bdrm
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
Water Source: City Water
Sewer: Sewer - Public
Fencing: Chain Link
Property Description: Corner Lot
Landscaping: Dirt Front
Showing Notification Methods: Text; Phone Call
Lockbox Type: Supra
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 - 18 - 2026
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