Sign In

Close

x
Showing 1 of 0
X
Save
508 S FARMER Avenue Tempe AZ 85281US6978065
508 S FARMER Avenue TempeAZ85281
1649500.0000 1/1/1900 12:00:00 AM
Realty Executives Arizona Territory- Outlier
4343 E Outlier Blvd, Suite 123PhoenixAZ85008
(520) 877-4940
1 /

Courtesy of: Ron Fedri, HomeSmart, ron@realtyronaz.com

508 S FARMER Avenue
Tempe AZ 85281 US

Save
1 /

Courtesy of: Ron Fedri, HomeSmart, ron@realtyronaz.com

Realty Executives Arizona Territory- Outlier
4343 E Outlier Blvd, Suite 123
Phoenix, AZ, US 85008
(520) 877-4940

Get more info about this property

508 S FARMER Avenue
Tempe AZ 85281 US

$1,649,500

Active Listing ID 6978065
home icon
Other

$1,649,500

Active Listing ID 6978065
Save
3d icon
Maps

508 S FARMER Avenue PRIME REDEVELOPMENT OPPORTUNITY IN DOWNTOWN TEMPE. SURROUNDED BY A COLLECTION OF HIGH-END COMMERCIAL/OFFICE DEVELOPMENTS, A BOUTIQUE HOTEL, AND TRENDY URBAN MULTI USE CONDOMINIUMS, THIS PROPERTY IS ONE OF THE LAST BEST INFILL LOCATIONS AVAILABLE FOR LONG TERM INVESTMENT GROWTH. THE 2 PARCELS ARE ALSO LOCATED IN TEMPE'S TRANSPORTATION OVERLAY DISTRICT, ALLOWING ADDITIONAL DEVELOPMENT OPTIONS NOT FOUND IN OTHER R3 ZONED CITY NEIGHBORHOODS. IN ADDITION, THE EXISTING 8 RENTAL UNITS ARE 100% OCCUPIED OFFERING IMMEDIATE CASH FLOW DURING THE PLANNING PROCESS.

Collapse all

Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Heat Pump, Ceiling Fan(s), Electric
  • Roof Type: Built-Up
  • Heating Fuels: Heat Pump (Heating)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1649500
  • unparsedaddress: 508 S FARMER Avenue
  • postalcity: Tempe
  • stateorprovince: AZ
  • country: US
  • postalcode: 85281
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 33.425033
  • longitude: -111.944521
  • listagentfullname: Ron Fedri
  • listagentemail: ron@realtyronaz.com
  • listagentkey: 3yd-ARMLSAZ-rf013
  • listagentmlsid: rf013
  • listagentpreferredphone: 6023697994
  • listagentofficephone: 6023697994
  • listofficekey: 3yd-ARMLSAZ-cril02
  • listofficemlsid: cril02
  • disclaimer: Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: ARMLSAZ
  • yearbuilt: 1960
  • listingcontractdate: 2026-02-01
  • listagenturl: realtyronaz.com
  • countyorparish: Maricopa
  • parcelnumber: 124-33-002-A
  • elementaryschooldistrict: Tempe Union High School District
  • middleorjuniorschooldistrict: Tempe Union High School District
  • highschooldistrict: Tempe Union High School District
  • appliances: Refrigerator, Free-Standing Gas Oven
  • cooling: Heat Pump, Ceiling Fan(s), Electric
  • constructionmaterials: Painted, Block
  • heating: Heat Pump (Heating)
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Off Street, Carport
  • roof: Built-Up
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -111.94452, 33.425034
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"HomeSmart", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"ron@realtyronaz.com", "ListBrokerageCity":"Scottsdale", "ListBrokerageCountry":"US", "ListBrokerageEmail":"broker@hsmove.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/ARMLSAZ/c5ababc321caed0f0121cb007014004f/20140609191651070.png", "ListBrokerageName":"HomeSmart", "ListBrokeragePhone":"(602) 230-7600", "ListBrokeragePostalCode":"85255", "ListBrokerageStateOrProvince":"AZ", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"8388 E. Hartford Dr", "ListBrokerageWebsiteUrl":"http://www.homesmartintl.com", "ListOfficeAddress1":"8901 E Pima Center Pkwy Suite 125", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"cril02", "ListOfficeCity":"Scottsdale", "ListOfficeCountry":"USA", "ListOfficeEmail":"rlarue@hsmove.com", "ListOfficePostalCode":"85258", "ListOfficeStateOrProvince":"AZ", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Tempe, AZ", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/508-S-Farmer-Ave_Tempe_AZ_85281_M27520-36251?f=listhub&s=ARMLSAZ&m=6978065&c=rexren", "MLSModificationTimestamp":"2026-02-22 00:27:21", "Neighborhoods":[{"Description":null, "Name":"ORTH SUB"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3659, "TaxDescription":"ORTH SUB S2 LOTS 1 & 2 BLK 1", "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/13/2026 11:41:56 AM GMT
Source Updated Date: 3/24/2026 12:49:21 PM GMT

Courtesy of: Ron Fedri, HomeSmart, ron@realtyronaz.com

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact