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$485,000 Just Listed
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Property Description
Infill opportunity in the heart of Tempe! Spanning 13,225 square feet, this ready-to-build homesite is located off a quiet cul-de-sac, offering an ideal setting for a custom home with added privacy. Situationed in a fully built neighborhood, this is the last remaining chance to build new in an established area with no additional residential land available nearby. The property offers flexible development potential, including the possibility of multiple structures on one parcel (buyer to verify), making it attractive to homeowners and investors alike. Whether you're looking to design a primary residence, income-producing units, or a multi-generational setup, this lot provides a versatile foundation. Position just minutes from Arizona State University, the location benefits from strong and consisent housing demand driven by students, faculty, and professionals. The surrounding area is anchored by major employers, including State Farm, JPMorgan Chase, Wells Fargo, Honeywell Aerospace, and ADP, which support long-term value and rental appeal. Enjoy close proximity to top retail, dining, and entertainment destinations, including Arizona Mills, Tempe Marketplace, the Mill Avenue district, and Tempe Town Lake. The location also offers excellent connectivity, with easy access to US-60, Loop 101, and Loop 202, enabling convenient commuting throughout the Phoenix metro area. With limited supply, strong demand drivers, and a prime central location, the property presents a unique opportunity to build, invest, and capitalize on one of the most supply-constrained submarkets. Buyers to verify all facts, figures, zoning and development potential
Full Property Details
Full Property Details for 136 E Fremont Dr #261
General
- Price: $485,000
- Taxes: $965 (2025)
- Status: Active
- Type: Lots/Land
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7019910
- Updated: 4/27/2026
- Added to Site: 1 day(s) ago
Location
- County: Maricopa
- Township: 1N
- Subdivision: Tempe Gardens 3
- Cross Streets: E Freemont Drive & South Grandview Avenue
- Total Lots Available: 1
Utilities
- Dist. to Gas: Under 350 Feet
- Dist. to Electric: Under 350 Feet
- Dist. to Sewer: Under 350 Feet
- Water: City Franchise
- Dist. to Water: Under 350 Feet
- Dist. to Telecomm: Under 350 Feet
Additional Structures
- Other Structures: See Remarks, None
Lot Features
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 13,255
- Lot Dimensions: 50 x 140.95 x 40 x 148.99 x 101.43
- Frontage: Concrete, Sidewalk(s)
- Lot Features: Other, Cul-De-Sac, North/South Exp
- Development Status: Plans Available, On Site Imp Needed
- Trees/Vegetation: Other
- Zoning: R1-6
Financial Considerations
- Tax Amount: $965
- Tax Year: 2025
- Terms: Cash, Other (See Rmks), No Carry, 1031 Exchange, Conventional
Disclosures and Reports
- Legal Description: LOT 261 TEMPE GARDENS 3 MCR 010333
- Property ID: 133-41-085
- Range: 4E
- Section: 34
- Lot Number: 261
Listed by E & G Real Estate Services
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Schools
Schools serving 136 E Fremont Dr #261
School Districts:Tempe School District, Tempe Union High School District
| Name | Grades | Distance |
|---|---|---|
Arredondo Elementary School 1330 East Carson Drive, Tempe, AZ 85282 | K-5 | 1.2 mi |
Connolly Middle School 2002 East Concorda Drive, Tempe, AZ 85282 | 6-8 | 2.6 mi |
Tempe High School 1730 S Mill Ave, Tempe, AZ 85281 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 136 E Fremont Dr #261
Date
Details
Price
Change
Source
4/27/2026
Listed
$485,000
10.87%
MLS
10/25/2021
Sold
$437,450
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 136 E Fremont Dr #261
Year
Property Taxes
Change
Tax Assessment
Change
2025
$965
—
$3,785
-86%
2025
$965
-61%
$26,205
199%
2022
$2,449
—
$8,760
-31%
2022
$2,449
—
$12,705
-59%
2022
$2,449
14%
$31,330
6%
2021
$2,149
3%
$29,470
6%
2020
$2,077
2%
$27,750
7%
2019
$2,037
3%
$26,000
8%
2018
$1,982
3%
$24,050
9%
2017
$1,921
—
$22,060
-1%
2016
$1,912
3%
$22,350
17%
2015
$1,849
-1%
$19,160
30%
2014
$1,869
13%
$14,780
21%
2013
$1,653
—
$12,260
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 136 E Fremont Dr #261
136 E Fremont Drive #261, Tempe, AZ 85282 (MLS# 7019910) is a Lots/Land property with a lot size of 0.3 acres. 136 E Fremont Drive #261 is currently listed for $485,000 and was received on April 27, 2026. Want to learn more about 136 E Fremont Drive #261? Do you have questions about finding other Lots/Land real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

