2205 S Mill Avenue, Tempe, AZ 85282

Tempe
Local realty services provided by:HUNT Real Estate ERA
2205 S Mill Avenue,Tempe, AZ 85282
$1,899,000
  • 11 Beds
  • 8 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: kyle ingram
Office: marcus & millichap
MLS#:7087067
Source:ARMLS

Price summary

  • Price:$1,899,000

About this home

Marcus & Millichap has been retained as the exclusive listing agent for the sale of Courtyard on Mill, an eight-unit, fully renovated, gated multifamily community on Mill Avenue in Tempe, Arizona, one mile south of Arizona State University. Every unit was renovated and re-leased in 2026 on new 12-month terms, and 77.27% of scheduled rent is paid through HOM Inc. and Section 8 housing-assistance contracts. A buyer acquires a turnkey asset with durable income, no near-term rollover and no deferred capital plan -- at $237,375 per unit, below every renovated multifamily sale in the Tempe and South Scottsdale comparable set and below the unrenovated five-plex two blocks away.

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Home facts

  • Year built:1959
  • Subdivision & Development:TEMPE ESTATES
  • Listing ID #:7087067
  • Updated:October 04, 2026 at 03:49 PM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:8
  • Flooring:Laminate

Heating and cooling

  • Cooling:Electric
  • Heating:Electric

Structure and exterior

  • Year built:1959
  • Construction Materials:Block, Stucco

Schools

  • High school:Tempe High School

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$1,899,000
  • Tax amount:$5,732 (2026)

Parking

  • Total parking spaces:8
  • Parking description:1 Parking Space/Unit
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