3 days on Rocket
#6865166, Fady Abuhmaidan, Listing Office: Urban and Company
#6864241·
Listing office: LRA Real Estate Group, LLC·
Listing agent: Don T Mortensen·
Listing office phone: 480-526-5644
$604,095 List price
1201 S Farmer Ave Unit 1 Tempe, AZ 85281
0.2 acres
Land
Property details
About 1201 S Farmer Ave Unit 1
Seize a rare Urban Infill Opportunity in Tempe's sought-after Farmer Arts District w/ easy access to the Light rail & Tempe Streetcar it is a walkable, thriving neighborhood perfect for ASU Students. Close to Mill Ave, Tempe Town Lake, & ASU. This lot is ready to build & *fully entitled by the City of Tempe in Jan 2025 for a proposed 3-Story 4-plex residential apartment project. The 7,315 SF four-plex consists of 4-Three Bedroom Units or 12 bedrooms Total (See documents tab). Located near valley's most sought-after retailers, Residents will enjoy close access to an extensive selection of top retailers. The neighborhood offers a blend of vintage appeal & redevelopment flexibility. Surrounded by record-setting investment activity & continued urban growth, this location is ideal.
Highlights
Home typeOther
StatusActive
Lot size0.2 Acres
MLS #6864241
Summary
- List Price: $604,095
- Directions: West to Farmer, North to property
- Lot Size: 0.2 Acres
- MLS Number: 6864241
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: LRA Real Estate Group, LLC
- Office Phone: (480) 526-5644
- Office Email: Don@LRAphx.com
- Listing Agent: Don T Mortensen
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/16/2025, 12:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$604,095
1201 S Farmer Ave Unit 1
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Price information
Property sales
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Tax history
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Nearby schools
3
Scales Technology Academy
Public District KG-5
0.9 mi
•1115 W 5th St
6
Broadmor Elementary School
Public District KG-5
1.0 mi
•311 E Aepli Dr
2
Holdeman Elementary School
Public District KG-5
1.0 mi
•1326 W 18th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,445. Typical income of Tempe, AZ residents is between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
39%
<35k
52%
35k-100k
8%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
78%
Single, No Kids
5%
Single, with Kids
12%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
3%
12-17 yrs old
56%
18-34 yrs old
29%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Tennis
Music Concerts
Where do the neighbors shop?
H&M
Crate & Barrel
Banana Republic
Where do the neighbors go to eat?
Boston Market
Starbucks
Chipotle
What do the neighbors drive?
Honda
BMW
Volkswagen
What do the neighbors listen to?
Rhythmic Contemporary Hits
News
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1201 S Farmer Ave Unit 1
The listing price of 1201 S Farmer Ave Unit 1 property is $604,095.
The property 1201 S Farmer Ave Unit 1 is land located in Tempe, Arizona, 85281.
Active Listing: 1201 S Farmer Ave Unit 1 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1201 S Farmer Ave Unit 1 are: Scales Technology Academy (GreatSchools Rating 3/10), Broadmor Elementary School (GreatSchools Rating 6/10), Holdeman Elementary School (GreatSchools Rating 2/10), Gililland Middle School (GreatSchools Rating 2/10), McKemy Academy of International Studies (GreatSchools Rating 6/10), Laird Elementary School (GreatSchools Rating 3/10), Tempe High School (GreatSchools Rating 4/10), International Commerce High School - Tempe (GreatSchools Rating 4/10), Asu Preparatory Academy Digital (GreatSchools Rating 5/10).
The property 1201 S Farmer Ave Unit 1 is 0.2 acres.
This home is located at 1201 S Farmer Ave Unit 1 in Tempe, AZ and zip code 85281 in the Maple Ash neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 9, 2025 and is currently priced at $604,095.
In April 2025, from all listings sold in Tempe, AZ there were more than 22 sold above asking price, over 66 sold below and more than 29 were sold right at the asked price. In April 2025 in Tempe, AZ there were 14.6% more homes for sale than in March. While the average time on the market in April 2025 was 55 days, the median list price was $482,587.
From Rocket Homes Real Estate and based on county public records data.