Located just steps from one of the Valley's busiest commuter routes and adjacent to the vibrant
campus of Arizona State University, Roosevelt Place (''the Property'') offers a differentiated
multifamily opportunity highlighted by its refreshed exterior and high-end interior upgrades.
Delivered in 1955, the asset is ideally situated to capture sustained demand generated by ASU's
sizable student enrollment, along with the growing concentration of young professionals driving
momentum in North Tempe and around Tempe Town Lake, each within a short one-mile distance.
The scarcity of comparable boutique, garden-style communities in a submarket experiencing
layered growth dynamics positions Roosevelt Place as a highly attractive acquisition prospect.
130 days
|
223
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7
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Zillow last checked:
Listing updated:
Listed by:
Adam Saylor480-600-2626,
Marcus & Millichap
Source: ARMLS,MLS#: 6993853
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 9
Heating
Electric
Cooling
Electric
Appliances
Included: Dishwasher, Refrigerator, Built-In Electric Oven, Washer/Dryer
Features
Flooring: Vinyl
Interior area
Total structure area: 4,185
Total interior livable area: 4,185 sqft
Property
Parking
Total spaces: 16
Parking features: >1 Space Per Unit
Covered spaces: 9
Uncovered spaces: 7
Lot
Size: 0.36 Acres
Dimensions: 15,682 sq ft.
Details
Parcel number: 12434009B
Zoning: R-3
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Painted, Block
Roof: Foam
Condition
Year built: 1955
Utilities & green energy
Electric: SRP
Sewer: Public Sewer
Water: Master Meter
Community & HOA
Community
Features: No Pool
Location
Region: Tempe
Financial & listing details
Price per square foot: $429/sqft
Annual tax amount: $3,089
Date on market: 3/5/2026
Cumulative days on market: 131 days
Listing terms: No Carry,Conventional,1031 Exchange
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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