Back 604 South Roosevelt Street
Off Market

604 South Roosevelt Street

Tempe AZ 85281

16
Multi-Family
Last sold for $1,625,000
Adam SaylorAdam Saylor, last sold this property on 13 July 2026 after 129 days on market.

Overview

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.

Features

16 carspaces
7 open car spaces
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Tempe over the last 12 months, the estimated median property value of 604 South Roosevelt Street is $687.5k.

Median value
$687.5k
Estimated value range
$2.63k - $2.4m
Median days on market
102
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Tempe. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 604 South Roosevelt Street

2026
Sold
$1,625,000
13 Jul 2026 by Adam Saylor, of Marcus & Millichap
2017
Sold
$799,000
23 Feb 2017 by John Klocek, of ABI Multifamily

Happy sellers in Tempe

95%
95% of sellers in Tempe reported that their sale price either exceeded or met their price expectations.

Tempe stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Tempe over the last 12 months.

Local market activity for multi families in Tempe

In the last 12 months, 19 multi families similar to 604 South Roosevelt Street, have been sold.

This represents a 42% decrease in multi families sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Tempe

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent