604 S Roosevelt Street Tempe, AZ 85281

Active (30 Days)

$1,795,000 ^(USD)

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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.

MLS #:
6993853

Taxes
$3,089

Type
Multifamily

Year Built
1955

County
Maricopa County

Listed By

Adam Saylor, Marcus & Millichap

Source
Arizona Regional MLS
Last checked Apr 4 2026 at 1:09 PM GMT+0000

Bathroom Details

Heating and Cooling

Electric

Flooring

Vinyl

Exterior Features

Block
Painted
Roof: Foam

Utility Information

Sewer: Public Sewer

Parking

>1 Space Per Unit

Location

Map View | Street View

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