815 S ROOSEVELT Street, Tempe, AZ 85281

$799,000
Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,164 Lot Size (sq. ft.): 11,024 Status: Active
Current Price: $799,000 Last Modified: 9/17/2026

Overview

Description

Rare scrape/redevelopment opportunity just steps from ASU! This 1,164 SF home sits on an oversized 11,024 SF lot zoned R-3 multifamily, offering strong upside for builders and investors. For maximum upside, pair with the adjoining parcel at 816 S Wilson St to assemble a combined 22,024 SF lot -- ideal for a multi-unit development in one of Tempe's most in-demand, walkable ASU-adjacent submarkets. Bring your vision and your builder; land and location like this rarely comes available this close to campus.

Listing Details MLS# 7081317

Location, Tax & Legal

House Number
815
Compass
S
Street Name
ROOSEVELT
St Suffix
Street
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Zip4
5441
Country
US
County Code
Maricopa
Assessor Number
124-69-125-A
Subdivision
MITCHELL SUB
Tax Year
2025
Assessor's Map #
69
Legal Description (Abbrev)
LOT 7 BLK 2 MITCHELL SUBDIVISION MCR 35-13 TOG WI W2 FOL DESC PROP BEG SE COR LOT 7 MITCHELL SUBDIVI
Assessor's Parcel #
125
Assessor Parcel Ltr
A
Tax Municipality
Tempe
Taxes
2327

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Single Family Residence
Dwelling Styles
Detached
Exterior Stories
Yes
# of Interior Levels
Yes
# Bedrooms
3
Full Bathrooms
Yes
Total Bathrooms
Yes
Approx SQFT
1164
Price/SqFt
686.43
Horses
N
Builder Name
UNK
Year Built
1955
Lead Based Hazard Disclosure
Yes
Approx Lot SqFt
11024
Approx Lot Acres
0.253
Flood Zone
No
Community Pool Y/N
No
Private Pool Y/N
No
Fireplace YN
No
Elementary School District
Tempe School District
High School District
Tempe Union High School District
Elementary School
Holdeman Elementary School
Jr. High School
Geneva Epps Mosley Middle School
High School
Tempe High School
Half Bathrooms
0

Remarks Misc

Cross Street
University & Roosevelt
Directions
From University & Roosevelt - head south on Roosevelt. Property on East side of road just after Brakes Plus.

Legal Info

Township
1N
Range
4E
Section
21
Lot Number
7

Basement

Basement Y/N
N

More Information

Showing Notification Methods

Showing Service
Aligned Showings

Special Listing Cond

N/A
Yes

Construction

Block
Yes

Const - Finish

Painted
Yes

Roofing

Composition
Yes

Association & Fees

HOA Y/N
N
PAD Fee Y/N
N
Land Lease Fee Y/N
N
Ttl Mthly Fee Equiv
0

Lockbox Type

See Private Remarks
Yes
None
Yes

Master Bathroom

None
Yes

Dining Area

Eat-in Kitchen
Yes

Heating

Heat Pump
Yes

Kitchen Features

Electric Range
Yes

Cooling

Central Air
Yes

Laundry

Washer Hookup
Yes

Separate Den/Office

Sep Den/Office Y/N
N

Road Access Type

Alley
Yes
City Street
Yes

Road Surface Type

Asphalt
Yes
Paved
Yes

Road Responsibility

City Maintained Road
Yes

Fencing

Back Yard
Yes
Chain Link
Yes

Water Source

City Water
Yes

Spa

None
Yes

Sewer

Sewer - Public
Yes

Parking Spaces

Slab Parking Spaces
0
Total Covered Spaces
0

Foundation Details

Slab
Yes

New Financing

Cash
Yes
Conventional
Yes

Utilities

APS
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Landscaping

Dirt Front
Yes
Dirt Back
Yes

Services

City Services
Yes

Disclosures

Agency Discl Req
Yes

Possession

Close of Escrow
Yes

Association Fee Incl

No Fees
Yes

Assoc Rules/Info

None
Yes

Property Features

Special Listing Cond: N/A Master Bathroom: None Spa: None Dining Area: Eat-in Kitchen Kitchen Features: Electric Range Laundry: Washer Hookup Foundation Details: Slab Road Access Type: Alley; City Street Road Surface Type: Asphalt; Paved Road Responsibility: City Maintained Road Construction: Block Const - Finish: Painted Roofing: Composition Cooling: Central Air Heating: Heat Pump Utilities: APS Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Back Yard; Chain Link Landscaping: Dirt Front; Dirt Back Lockbox Type: See Private Remarks; None Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: Agency Discl Req
IDX
Listing Office: HomeSmart
Last Updated: September - 17 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.