48 W Thomas Lane Unit 1, Tempe, AZ 85281
- $350,000
- Sold Price
- $350,000
- List Price
- $350,000
- Closing Date
- Mar 03, 2025
- Days on Market
- 7
- Status
- CLOSED
- MLS#
- 6803583
- City
- Tempe
- Lot Size
- 6,957
- Subdivision
- College View
Property Description
Walking distance to ASU and nearby hospital and business, this is a fantastic opportunity to develop a multi-family property or dream home. North south exposure, corner lot, quiet street, this lot has a ton of potential. AZ House Bill 2721 provides allowances to build mult family residential on land previously zones residential. Cities must have ordinances in place by 1/1/26.
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Additional Information
- Elementary School
- Holdeman Elementary School
- High School
- Tempe High School
- Middle School
- Geneva Epps Mosley Middle School
- School District
- Tempe Union High School District
- Acres
- 0.18
- Electric
- APS
- Fencing
- Chain Link
- Lot Size
- 6,957
- New Financing
- Cash, Conventional
- Lot Features
- Corner Lot, North/South Exp
- Sewer
- Public Sewer
- Subdivision
- College View
- Taxes
- $2,631
- Tax Year
- 2024
- Vegetation
- Natural Vegetation
- Water
- City Franchise
- Zoning
- R-2
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Listing courtesy of Real Broker. Selling Office: AZ Brokerage Holdings, LLC.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.