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48 W Thomas Lane , #1

Tempe, AZ 85281
  • $350,000
  • STATUS: Pending
  • ON SITE: 10 Days
  • MLS #: 6803583
Pending
UPDATED: 53 min ago
$350,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Information

Elementary School:
High School:

Description

Walking distance to ASU and nearby hospital and business, this is a fantastic opportunity to develop a multi-family property or dream home. North south exposure, corner lot, quiet street, this lot has a ton of potential. AZ House Bill 2721 provides allowances to build mult family residential on land previously zones residential. Cities must have ordinances in place by 1/1/26.

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Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Compass Real Estate. Data last updated 2025-01-22T12:14:19.053.
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48 W Thomas Lane , #1 Tempe, AZ 85281

  • Price: $350,000
  • Status: Pending
  • On Site: 10 Days
  • Updated: 53 min ago
  • MLS #: 6803583
0
Beds
0
Baths
0
½ Baths
0.18
Acres
Neighborhood:
College View
County:
Maricopa
Area:
Tempe
Elementary School:
Holdeman Elementary School
Middle School:
Geneva Epps Mosley Middle School
High School:
Tempe High School
Property Description
Walking distance to ASU and nearby hospital and business, this is a fantastic opportunity to develop a multi-family property or dream home. North south exposure, corner lot, quiet street, this lot has a ton of potential. AZ House Bill 2721 provides allowances to build mult family residential on land previously zones residential. Cities must have ordinances in place by 1/1/26.
Exterior Features

Fencing Chain Link Horse Amenities [] Horse YN No Lot Features Corner LotNorth/South Exp Other Structures None Road Responsibility [] Road Surface Type AsphaltSidewalk(s) Topography Level Vegetation Natural Vegetation

Property Features

Association YN No Auction No Disclosures None Listing Terms Conventional Possible Use Single FamilyMulti-Family Sewer Public Sewer Special Listing Conditions N/A Special Listing Conditions None Yes Tax Annual Amount 2631 Tax Other Annual Assessment Amount 0 Tax Year 2024 Water Source City Franchise Zoning R-2

Arizona Regional MLS logo Listing provided by Real Broker: .


Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Compass Real Estate. Data last updated 2025-01-22T12:14:19.053.
 
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Compass Real Estate
4222 N Marshall Way, Suite A
Scottsdale AZ, 85251