306 S Hardy Drive #25, Tempe, AZ 85281

Local realty services provided by:CENTURY 21 Indie Realty
306 S Hardy Drive #25,Tempe, AZ 85281
$1,499,000
  • 0.63 Acres
  • Lots / Land
  • Active
Listed by: gunnar sinnett
Office: levrose real estate
MLS#:7089803
Source:ARMLS

Price summary

  • Price:$1,499,000

About this home

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.

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Home facts

  • Subdivision & Development:STATE PLAT 12 AM
  • Listing ID #:7089803
  • Updated:October 19, 2026 at 03:14 PM

Structure and exterior

  • Lot area:0.63 Acres

Schools

  • High school:Tempe High School

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$1,499,000
  • Tax amount:$2,698 (2026)
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. ARMLS Member Broker: Donald Geisler