$1,700,000
Tempe, AZ 85281
MLS# 6925086
1 / 9
Property Description
Here it is, the Multi-Family HIGH DENSITY opportunity you've been waiting for. Located by ASU and the heart of Tempe. This is two parcels totaling 30,882 SqFt (1871 & 1879 E Hayden Lane). Zoned R4, High Density. Perfect for a brand new apartment complex, This property has been in the family for nearly 6 decades, and it's finally available for development. Don't blink, there are very few large parcels like this available, let alone in such a fantastic, central location with high rents. Currently there are two small houses on the land. Buyer to verify all information.
Details
Maps
Contract Information
Current Price: $1,700,000
List Price: $1,700,000
Status: Active
List Date: 2025-09-26
For Sale or Lease?: Sale
Type: Exclusive Right To Sell
Location Tax Legal
House Number: 1871
Compass: E
Street Name: HAYDEN
St Suffix: Lane
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 4412
County Code: Maricopa
Assessor Number: 132-63-011
Subdivision: ANNEX TO HALE ACRES
Tax Year: 2023
General Property Description
Apx Total Acres: 0.71
Apx Total Acres G/N: N
Price Per Acre: 2394366.2
Apx SqFt: 30880
Price Per SqFt: 55.05
Apx SqFt G/N: N
Lot Size Dimensions: 202x160
Zoning: R4 High Density
High School District: Tempe Union High School District
High School: Tempe High School
Remarks Misc
Geo Lat: 33.41866
Geo Lon: -111.906281
Legal Info
Township: 1N
Range: 4E
Section: 24
Lot Number: D
Showing Notification Methods
Showing Service: No Showing Service Used
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot; Commercial Lot; Residential Acreage; Commercial Acreage
Zoned Presently: Multi-Family; Office
Potential Use: Multi-Family; Office; Retail
Parcel Size: .50 - .99 Acres
Current Density: 40+ Units P/Acre
Proposed Density: 40+ Units P/Acre
Development Status: Raw Land; See Remarks
Topography: Level
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Distance to Cable: On Property
Distance to Phone: On Property
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: On Property
Distance to Sewer: On Property
New Financing: Cash; Cash to Loan
Environmental: None
Lockbox Type: None
Listing Office: HomeSmart
Last Updated: September - 26 - 2025
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