323 S ROOSEVELT Street 1001, Tempe, AZ 85281

$2,400,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $2,400,000 Last Modified: 3/31/2026

Overview

Description

Incomplete development with 4 Townhomes constructed; 3 bedrooms-2 shared closets, 4 baths 2 garage each AND 6 undeveloped lots. BULK SALE ONLY, no individual sales. APN 124-32-166,167,168,169,170,171,172,173,174,175,176 OPPORTUNITY ZONE, tax implications? GEOID 04013318800 DESIGNATED QOZ ARIZONA MARICOPA COUNTY

Listing Details MLS# 6971303

Location, Tax & Legal

House Number
323
Compass
S
Street Name
ROOSEVELT
St Suffix
Street
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Zip4
6473
Country
US
County Code
Maricopa
Subdivision
ROOSEVELT COURT
Assessor Number
124-32-166
Tax Year
2025
Unit #
1001
Assessor's Map #
32
Legal Description (Abbrev)
ROOSEVELT COURT MCR 885-24
Assessor's Parcel #
166
Add'l Parcels
Yes
Tax Municipality
Tempe
Census Tract
318800
Taxes
2108
Legal
ROOSEVELT COURT MCR 885-24
Marketing Name
Roosevelt Court

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
irregular
Year Built
2010
Total # of Units
4
# of Buildings
4
Zoning
R3
Elementary School District
Tempe School District
High School District
Tempe Union High School District
Elementary School
Scales Technology Academy
Jr. High School
Geneva Epps Mosley Middle School
High School
Tempe High School
Uncvrd Parking Spcs
0

Remarks Misc

Cross Street
Mill & 5th Street
Directions
West of Mill on 5th St to Roosevelt, North on Roosevelt to 323 On East side of Roosevelt

Status Change Info

Off Market Date
2026-03-31
Under Contract Date
2026-02-18
Close of Escrow Date
2026-03-31

Legal Info

Township
1N
Range
4E
Section
16
Lot Number
Yes

More Information

Showing Notification Methods

Showing Service
Aligned Showings

3 Bedrooms Units

# 3 Bedroom Units
4
# Baths
4
Avg Rent
0

Sold Info

Loan Type
Other
Payment Type
Other
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

5 - 12 Units
Yes

Construction

Block
Yes
Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Tile
Yes

Floors

Carpet
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
2108
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Pmt & Rate Info

Equity
1817000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

Supra
Yes

Community Features

Other
Yes

Heating

Electric
Yes

Cooling

Electric
Yes

Exterior Amenities

Desert Landscaping
Yes

Tenant Pays

Other (See Remarks)
Yes

Appliances Included

Dishwasher
Yes
Free-Standing Electric Oven
Yes
Microwave
Yes
Refrigerator
Yes
W/D Hookup
Yes

Road Surface Type

Asphalt
Yes
Concrete
Yes

Source of Fincl Data

Unknown
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Garage
Yes

Electric

APS
Yes

Gas

None
Yes

Owner Pays

Other
Yes

New Financing

Cash
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

2 Bedroom Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: 5 - 12 Units Construction: Block; Wood Frame Const - Finish: Painted; Stucco Roofing: Tile Floors: Carpet Sale Includes: Land & Building Community Features: Other Exterior Amenities: Desert Landscaping Appliances Included: Free-Standing Electric Oven; Refrigerator; Dishwasher; Microwave; W/D Hookup Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: None Parking Features: Garage Road Surface Type: Asphalt; Concrete Owner Pays: Other Tenant Pays: Other (See Remarks) Source of Fincl Data: Unknown Lockbox Type: Supra Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Cash Environmental: None
IDX
Listing Office: RE/MAX Excalibur
Last Updated: March - 31 - 2026
Broker Attribution: 480-612-7475

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