1305 N Frances Street, -, Tempe, AZ 85281 (MLS# 6892466)

1305 N Frances Street, -, Tempe, AZ 85281

$299,000

Property Type: Land Lot Size (sq. ft.): 5,918 Status: UCB (Under Contract-Backups)

Current Price: $299,000 List Date: 7/14/2025 Last Modified: 8/27/2025

Description

Prime Duplex Lot in Central Tempe! Approved (but not yet finalized) lot split creates a 5,918 sq ft R-2 zoned parcel located beside an existing home—ideal for duplex development or land banking. Located in a desirable Tempe neighborhood with strong rental demand and growth potential. Utilities nearby. A rare infill opportunity for investors or builders looking to capitalize on multi-family zoning.

More Information MLS# 6892466

Contract Information

Current Price: $299,000 List Price: $299,000 Status: UCB (Under Contract-Backups) List Date: 2025-07-14 For Sale or Lease?: Sale Type: Exclusive Right To Sell

Location Tax Legal

House Number: 1305 Compass: N Street Name: Frances St Suffix: Street City/Town Code: Tempe State/Province: AZ Zip Code: 85281 County Code: Maricopa Assessor Number: 132-12-078-A Tax Year: 2024

General Property Description

Apx Total Acres: 0.13 Apx Total Acres G/N: G Price Per Acre: 2300000 Apx SqFt: 5918 Price Per SqFt: 50.52 Apx SqFt G/N: G Lot Size Dimensions: 47.3 - 125.19 Horses: N Zoning: R-2 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: McClintock 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: 33.44296 Geo Lon: -111.922928

Legal Info

Lot Number: -

Showing Notification Methods

Showing Service: No Showing Service Used

Property Features

Special Listing Cond: Owner/Agent Existing Land Use: Residential Lot Zoned Presently: Multi-Family Potential Use: Single Family; Multi-Family Parcel Size: .0 - .24 Acres Water Source: Check Availability Sewer: Sewer - Available Electric: None Gas: None Distance to Cable: Under 350 Feet Distance to Phone: Under 350 Feet Distance to Water: Under 350 Feet Distance to Electric: Under 350 Feet Distance to Gas: Under 350 Feet Distance to Sewer: Under 350 Feet Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional; No Carry; 1031 Exchange Environmental: None Lockbox Type: None

Listing Office: Real Broker

Last Updated: August - 27 - 2025