2205 S Mill Ave., Tempe, AZ 85282

2205 S Mill Ave., Tempe, AZ 85282
Photo 1 of 30
$1,899,000
Beds Baths Sq. Ft. Taxes Built
11 8.00 0 $5,732 1959
On the market: 3 days

Est. Monthly Payment:

$11,849($11,371 + $478 taxes*)

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APPROVED
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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.
Listing courtesy of Kyle Ingram, Marcus & Millichap