1305 N FRANCES Street, Tempe, AZ 85288

$750,000
Property Type: Multiple Dwellings Status: UCB (Under Contract-Backups)
Current Price: $750,000 Last Modified: 8/27/2025

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**

More Information MLS# 6892480

Contract Info

Current Price: $750,000 List Price: $750,000 Status: UCB (Under Contract-Backups) List Date: 2025-07-14 Ownership: Fee Simple

Location Tax Legal

House Number: 1305 Compass: N Street Name: FRANCES St Suffix: Street City/Town Code: Tempe State/Province: AZ Zip Code: 85288 Zip4: 1760 County Code: Maricopa Subdivision: NORTH TEMPE Assessor Number: 132-12-078-A Tax Year: 2024

General Property Description

Lot Size Dimensions: 120x110 Year Built: 1982 Uncvrd Parking Spcs: 5 Total # of Units: 1 # of Buildings: 1 Zoning: R-2 Duplex Elementary School District: Tempe School District High School District: Tempe Union High School District Elementary School: Cecil Shamley School Jr. High School: Cecil Shamley School High School: Tempe High School

Remarks Misc

Cross Street: Scottsdale & Curry Directions: Travel NORTH on Scottsdale Rd to Tempe Dr, EAST to Frances, NORTH to property on the EAST side of the street. Geo Lat: 33.442968 Geo Lon: -111.922937

Legal Info

Township: 1N Range: 4E Section: 11 Lot Number: 78

Showing Notification Methods

Showing Service: No Showing Service Used

Property Features

Project Type: Duplex Other Type: House + Rental Units Construction: Other Const - Finish: Other (See Remarks) Roofing: Other Floors: Other Sale Includes: Land & Building; Pool Equipment Community Features: No Pool Exterior Amenities: Other (See Remarks) Interior Amenities: Other (See Remarks) Appliances Included: None Heating: None Cooling: None Water Source: None Sewer: No Sewer/Septic Electric: None Gas: None Parking Features: None Owner Pays: None Tenant Pays: None Source of Fincl Data: Owner Special: Owner/Agent Lockbox Type: None Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional; 1031 Exchange Environmental: None
Listing Office: Real Broker
Last Updated: August - 27 - 2025
1305 N FRANCES Street, Tempe, AZ 85288- MLS# 6892480
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