306 S Hardy Drive Unit 25, Tempe, AZ 85281

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,499,000
Days on Market
1
Status
ACTIVE
MLS#
7089803
City
Tempe
Lot Size
26,697
Subdivision
State Plat 12 Am

Property Description

LevRose Commercial Real Estate is pleased to present 306 & 310 S Hardy Dr, a ±0.61-acre (±26,697 SF) multifamily development opportunity in the heart of Tempe. The offering comprises two contiguous R-3-zoned parcels, one-half mile from ASU's Main Campus and approximately one mile from the $1.8 billion South Pier development at Tempe Town Lake. A conceptual site plan by Tomecak Design supports 12 townhomes for student housing, capitalizing on ASU's deep and persistently undersupplied off-campus housing demand. With medium-density zoning in place and ongoing redevelopment along the Hardy corridor, the site offers a rare opportunity to develop in one of the Valley's most supply-constrained infill submarkets without entitlement risk.

Additional Information

High School
Tempe High School
Acres
0.63
Electric
APS
Lot Size
26,697
New Financing
Cash, Conventional
Sewer
Public Sewer
Subdivision
State Plat 12 Am
Taxes
$2,698
Tax Year
2026
Water
City Franchise
Zoning
R-3

Courtesy of Levrose Real Estate. 480-947-0600

Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks