216 E 15th St, Tempe, AZ 85281

Located in the highly sought-after University Park Historic District, this exceptionally rare .75-acre property offers one of the most unique opportunities in Tempe. Just blocks from ASU and the iconic Gammage Auditorium, it sits in one of the city's most established and tightly held neighborhoods where homes seldom come to market. Set on an expansive, flood-irrigated lot with mature fruit trees, the property offers space, character, and endless potential. The 2,769 sq ft home features 4 bedrooms and 3.5 bathrooms, a ranch-style layout with an upstairs primary suite. Additional features include a separate living area/apartment, a large attached workshop, and a large detached storage shed with electricity. Seller will also pay off solar lease. The University Park district is known for its tree-lined streets, eclectic architecture, and vibrant, walkable atmosphere. Residents enjoy immediate access to ASU, Mill Avenue dining and shopping, Tempe Town Lake, and multiple light-rail stops, offering true Valley-wide connectivity. The neighborhood blends historic charm with urban energy, surrounded by local cafés, parks, and community-oriented spaces, all while providing quick access to major freeways and Tempe's top cultural destinations. With its massive lot, historic setting, and prime central location, this property presents a rare chance to create something truly extraordinary in the heart of Tempe!