604 S Roosevelt Street, Tempe, AZ 85281
Maricopa County
Key Facts
Listing Courtesy: Marcus & Millichap - 6026876700
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 Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1955
Lot Dimensions
15,682 sq ft.
Parking Spaces
16
Zoning
R-3
Listing #
6993853
Property Features
Appliances
Cooling
Heating
Flooring
Construction
Roof
Sewer
Financial Details
Annual Taxes
$3,089
Tax year 2025
Parcel Number
124-34-009-B
Affordability Calculator
$359,000
Estimated monthly payment
$9,554/mo
Principal $1,436,000 · Est. interest $2,003,348 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Tempe, AZ
- $476,471
- Median Listing Price
- 54
- Median Days on Market
- 1,471
- Median Sq Ft
- $313
- Median Price / Sq Ft
- 472
- Active Listings
- This home’s price is 277% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Tempe, AZ.
Location
Points of Interest in Tempe, AZ
Showing the Tempe area map.
Nearby Schools
Scales Technology Academy
Secondary · 0.4 mi away
Phoenix Metro Islamic School
School · 0.6 mi away
Gililland Middle School
Secondary · 0.6 mi away
Lattie F. Coor Hall
School · 0.6 mi away
Tempe High School
Secondary · 1.0 mi away
Holdeman Elementary School
Elementary · 1.2 mi away
Heartprints Montessori
Elementary · 1.3 mi away
360 Educational Services
School · 1.4 mi away
Learning Crssrads Bsic Academy
School · 1.4 mi away
Broadmor Elementary School
Elementary · 1.5 mi away
McKemy Middle School
School · 1.6 mi away
Love & Learn Preschool
School · 1.6 mi away
New School for the Arts and Academics
Secondary · 1.7 mi away
Ombudsman - Charter Northeast
Secondary · 1.8 mi away
Our Lady of Mt Carmel School
Elementary · 1.8 mi away
International Commerce High School - Tempe
Secondary · 1.9 mi away
Humanities and Sciences Academy
School · 1.9 mi away
Harrison Middleton University
School · 1.9 mi away
Apollo Group
School · 2.1 mi away
Emmanuel Lutheran School
School · 2.2 mi away
Commute Calculator
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| 1454 E CALLE DE ARCOS --, Tempe, AZ | $1,399,900 | 5 | 4 | 3,079 |
Moving Cost Estimate
EXIT Agents in Tempe
Last Updated: 2026-03-05