SoldJul 13, 2026

Listed by Adam Saylor from Marcus & Millichap

Bought with Christopher Bay from Marcus & Millichap

Source: Arizona Regional Multiple Listing Service #6993853

604 South Roosevelt Street, Tempe, AZ, 85281

$1,625,000

16

MultiFam

30+ days on the market

Sold: Jul 13, 2026

What's around 604 South Roosevelt Street

About this property

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.

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