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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.
Full Property Details
Full Property Details for 306 S Hardy Dr #25
General
- Price: $1,499,000
- Taxes: $2,698 (2026)
- Status: Active
- Type: Lots/Land
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7089803
- Updated: Today (10/6/2026)
- Added to Site: Today
Location
- County: Maricopa
- Township: 1N
- Subdivision: STATE PLAT 12 AM
- Cross Streets: Hardy & 2nd St
- Total Lots Available: 2
Utilities
- Dist. to Gas: Call Listing Office
- Dist. to Electric: Call Listing Office
- Dist. to Sewer: Call Listing Office
- Water: City Franchise
- Dist. to Water: Call Listing Office
- Dist. to Telecomm: Call Listing Office
Additional Structures
- Other Structures: Residence
Lot Features
- Lot Size (Acres): 0.63
- Lot Size (Sq. Ft.): 26,697
- Lot Dimensions: 136 x 202
- Frontage: Asphalt
- Zoning: R-3
Financial Considerations
- Tax Amount: $2,698.12
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Multiple Parcels: Yes
- Legal Description: STATE PLAT 12 AMD N2 LOT 25 EX W 426F & ALSO TH PT DAF BEG N LN S2 LOT 25 SD PT ALSO LY ON E LN OF
- Property ID: 124-29-075-K
- Range: 4E
- Section: 16
- Lot Number: 25
Listed by Levrose Real Estate
Get Pre-Approved Today
Schools
Schools serving 306 S Hardy Dr #25
School Districts:Tempe School District, Tempe Union High School District
| Name | Grades | Distance |
|---|---|---|
Scales Technology Academy 1115 West 5th Street, Tempe, AZ 85281 | K-5 | 0.2 mi |
Geneva Epps Mosley Middle School 1025 South Beck Avenue, Tempe, AZ 85281 | 6-8 | 0.7 mi |
Tempe High School 1730 S Mill Ave, Tempe, AZ 85281 | 9-12 | 1.4 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 306 S Hardy Dr #25
Date
Details
Price
Change
Source
10/06/2026
Listed
$1,499,000
424.31%
MLS
2/23/2005
Sold
$285,900
—
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 306 S Hardy Dr #25
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,191
7%
$37,170
7%
2024
$1,113
1%
$34,580
-13%
2023
$1,100
4%
$39,630
15%
2022
$1,055
—
$34,580
32%
2022
$1,055
-1%
$26,110
6%
2021
$1,062
3%
$24,530
5%
2020
$1,030
2%
$23,350
32%
2019
$1,010
3%
$17,700
19%
2018
$985
3%
$14,830
28%
2017
$956
1%
$11,610
22%
2016
$949
4%
$9,480
27%
2015
$912
3%
$7,480
29%
2014
$882
-1%
$5,810
—
2013
$887
—
$5,830
—
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 306 S Hardy Dr #25
306 S Hardy Drive #25, Tempe, AZ 85281 (MLS# 7089803) is a Lots/Land property with a lot size of 0.63 acres. 306 S Hardy Drive #25 is currently listed for $1,499,000 and was received on October 06, 2026. Want to learn more about 306 S Hardy Drive #25? 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.

