2205 S Mill Ave

Tempe, AZ 85282
  • $1,899,000

    Price
  • 19

    Bed
  • 11

    Bath

About the Listing mlso43 - ki099

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 Highlights for 2205 S Mill Ave

Status Active
Days on Site 23
Property Type Multi-Family
MLS ® 7087067
Year Built 1959
County Maricopa
Neighborhood Tempe Estates
School District Tempe School District
High School Tempe High School

Interior Details

  • Bedrooms: 19
  • Bathrooms: 11 Full
  • Appliances:
  • Air Cond: Electric
  • Heating: Electric
  • Fireplaces:
  • Floor: Laminate
  • Basement:
  • Other:
  • Water: City Franchise

Exterior Details

  • Garage Capacity: N/A
  • Roof: Composition
  • Others: Rain Gutters
  • Sewer: Public Sewer
  • Parking Features: Detached Carport,1 Space/Unit

Financial Details

  • Tax Amount: $5,732
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 133-23-062
  • Tax Year: 2026

Payment Calculator

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Listing Location

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2205 S Mill Ave Tempe, AZ 85282

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Originating MLS: Arizona Regional Multiple Listing Service (ARMLS)

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Shanna Day Team

Operator & Expansion Partner | Shanna Day Team | Keller Williams Realty Phoenix

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