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$1,795,000

  • For Sale
  • Active
  • Multi-Family
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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.

Full Property Details for 604 S Roosevelt St

General

  • Price: $1,795,000
  • HOA FEE: $11,514
  • Taxes: $3,089 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6993853
  • Updated: 3/17/2026
  • Added to Site: 77 day(s) ago

Interior

  • Appliances: Dishwasher, Refrigerator, Built-In Electric Oven, Washer/Dryer
  • Flooring: Vinyl

Parking

  • Parking Features: >1 Space Per Unit

Location

  • County: Maricopa

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Electric
  • Heating Type: Electric

Utilities

  • Water: Master Meter

Structural Information

  • # Buildings: 1
  • Exterior Const.: Painted, Block
  • Roof: Foam
  • Year Built: 1955

Unit Information

  • Vacancy %: .05

Lot Features

  • Lot Dimensions: 15, 682 sq ft.
  • Frontage: Asphalt
  • Zoning: R-3

Financial Considerations

  • Maint. Fee/Month: $11,514
  • Tax Amount: $3,089
  • Tax Year: 2025
  • Terms: No Carry, Conventional, 1031 Exchange
  • Owner Pays: Trash Collection, Water, Sewer, Landscaping

Disclosures and Reports

  • Property ID: 124-34-009-B
  • Lot Number: 23E

Listed by Marcus & Millichap

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Listing agent

— 604 S Roosevelt St —

  • Marcus & Millichap

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 604 S Roosevelt St

School Districts:Tempe School District, Tempe Union High School District
NameGradesDistance
Scales Technology Academy
1115 West 5th Street, Tempe, AZ 85281
K-50.4 mi
Geneva Epps Mosley Middle School
1025 South Beck Avenue, Tempe, AZ 85281
6-80.6 mi
Tempe High School
1730 S Mill Ave, Tempe, AZ 85281
9-121.1 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 604 S Roosevelt St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/05/2026
Listed
$1,795,000
124.66%
MLS
2/21/2017
Sold
$799,000
—
Public Record
Get Price Alerts and Save Property
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 for 604 S Roosevelt St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,089
—
$25,775
-83%
2025
$3,089
13%
$151,850
10%
2022
$2,736
—
$137,500
15%
2022
$2,736
—
$119,050
31%
2022
$2,736
-1%
$90,810
16%
2021
$2,755
3%
$78,530
23%
2020
$2,671
4%
$63,880
90%
2018
$2,556
3%
$33,670
16%
2017
$2,480
1%
$29,000
11%
2016
$2,462
4%
$26,170
-3%
2015
$2,365
-15%
$27,080
12%
2014
$2,776
51%
$24,100
100%
2013
$1,834
—
$12,060
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Marcus & Millichap

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604 S Roosevelt Street, Tempe, AZ 85281 (MLS# 6993853) is a Multi-Family property with 9 units containing 0 bedrooms and 0 full bathrooms. 604 S Roosevelt Street is currently listed for $1,795,000 and was received on March 05, 2026. Want to learn more about 604 S Roosevelt Street? Do you have questions about finding other Multi-Family real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

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