1305 N FRANCES Street new

Tempe,AZ 85288

$ 895000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision North Tempe

MLS Listing ID 6892480

Year Built 1982

Annual Tax Amount $1,376

Tax Year 2024

Property Description

1305 N Frances offers a unique chance to capitalize on an approved (but not yet finalized) lot split. The existing single-family home will retain an 8,694 sq ft lot, while the new 5,918 sq ft parcel is zoned for a duplex—ideal for rental income or redevelopment. Located in a high-demand area with strong growth potential. Don't miss this versatile investment opportunity! **PLEASE NOTE THE HOUSE IS TENANT OCCUPIED UNTIL 4/30/2026**

Location

State AZ

County Maricopa

Community North Tempe

Zoning R-2 Duplex

Interior

Heating None

Cooling None

Flooring Other

Exterior

Parking Features None

Community Features No Pool

Roof Type Other

Building

Sewer None

Water None

New Construction No

Schools

Elementary Schools Cecil Shamley School

Middle Schools Cecil Shamley School

High Schools Tempe High School

School District Tempe Union High School District

Others

Acceptable Financing Conventional,1031 Exchange,FHA,VA Loan

Listing Terms Conventional,1031 Exchange,FHA,VA Loan

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