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$1,899,000
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
| 11 |
8.00 |
0 |
$5,732 |
1959 |
|
On the market:
3 days
|
View full details, photos, school info, and price history
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