For Sale Multi-Family MLS# 7087067

2205 S MILL Avenue

Tempe, AZ 85282

$1,899,000

About 2205 S MILL Avenue

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.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1959
Original price
$1,899,000
MLS #
7087067

Interior

Features
Electric, Laminate
Flooring
Laminate
Heating
Electric
Cooling
Electric

Exterior & lot

Features
Rain Gutters, Detached Carport, 1 Space/Unit, Parking spaces: 8
Construction
Stucco, Block, Composition
Roof
Composition
Lot
R-4, 13323062
Parking
Detached Carport, 1 Space/Unit

Schools

District
Tempe School District
High
Tempe High School

Utilities

Utilities
Public Sewer, City Franchise
Water
City Franchise
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$5,732
Tax year
2026
Parcel
13323062

Location

Subdivision
TEMPE ESTATES
County
Maricopa
Community
Maricopa, Asphalt, Arizona Regional Multiple Listing Service 2, Tempe School District

Location

Neighborhood
TEMPE ESTATES
School district
Tempe School District

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Listed by Kyle Ingram, Marcus & Millichap

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.