$1,795,000

604 S Roosevelt Street, Tempe, AZ 85281

Maricopa County

Built 1955 No HOA

88 days on market

Description

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.

Property details

Interior

Bathrooms

Total Bathrooms: 0

Appliances

Refrigerator
Dishwasher
Washer/Dryer
Built-In Electric Oven

Heating and Cooling

Cooling Features: Electric
Heating Features: Electric

Exterior

Land Info

Lot Size Dimensions: 15,682 sq ft.

Garage and Parking

Attached Garage: No
Parking Features: >1 Space Per Unit

Listing

Other Property Info

Annual Tax Amount: $3,089
Source Listing Status: Active
County: Maricopa
Parcel Number: 124-34-009-B
Zoning: R-3
Postal City: Tempe
Listing Date: 3/5/2026
MLS#: 6993853

Features

Building and Construction

Year Built: 1955
Property Age: 71
Construction Materials: Block, Painted
Roof: Foam

Utilities

Water Source: Master Meter

Contact Us

Ask a question or schedule a showing

Listed by Adam Saylor Marcus & Millichap

Listing updated: March 17, 2026

MLS#: 6993853

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