$1,650,000
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
Type: Exclusive Right To Sell
For Sale or Lease?: Sale
Current Price: $1,650,000
List Price: $1,650,000
Status: Active
List Date: 2025-09-26
Location, Tax & Legal
Lot #: D
Assessor's Map #: 63
Assessor's Parcel #: 11
Add'l Parcels: Yes
Tax Municipality: Tempe
Census Tract: 319201
Taxes: 2957
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: 2323943.66
Apx SqFt: 30880
Price Per SqFt: 53.43
Apx SqFt G/N: N
Lot Size Dimensions: 202x160
High School District: Tempe Union High School District
High School: Tempe High School
Zoning: R4 High Density
Legal Info
Range: 4E
Section: 24
Township: 1N
Lot Number: D
Special Listing Cond
N/A: 1
Pmt & Rate Info
Equity: 1700000
Total Owed: 0
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
Assessed Balance: 0
HOA 2 Y/N: N
Showing Notification Methods
Showing Service: No Showing Service Used
Lockbox Type
None: 1
Existing Land Use
Residential Lot: 1
Commercial Lot: 1
Residential Acreage: 1
Commercial Acreage: 1
Zoned Presently
Multi-Family: 1
Office: 1
Potential Use
Multi-Family: 1
Office: 1
Retail: 1
Parcel Size
.50 - .99 Acres: 1
Current Density
40+ Units P/Acre: 1
Proposed Density
40+ Units P/Acre: 1
Development Status
Raw Land: 1
See Remarks: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Electric
SRP: 1
Topography
Level: 1
Gas
SW Gas: 1
Distance to Cable
On Property: 1
New Financing
Cash: 1
Cash to Loan: 1
Distance to Phone
On Property: 1
Distance to Water
On Property: 1
Distance to Electric
On Property: 1
Distance to Gas
On Property: 1
Distance to Sewer
On Property: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Remarks Misc
Geo Lat: 33.41866
Geo Lon: -111.906281
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: December - 22 - 2025
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