2205 S MILL Avenue, Tempe AZ 85282
$1,899,000
Brokerage: Ivy Realty(623) 299-4954
1 / 30Home facts
- Price
- $1,899,000
- Status
- Active
- Beds
- 11
- Baths
- 8
- Year built
- 1959
- Type
- F
- Pool
- No
- Water
- City Franchise
- Sewer
- Sewer - Public
- Subdivision
- TEMPE ESTATES
- MLS #
- 7087067
Listed by Marcus & Millichap · 602-687-6700
Courtesy of ARMLS · Presented by Ivy Realty, (623) 299-4954
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.
Features
Roof
Composition
Sewer
Sewer - Public
Cooling
Electric
Heating
Electric
Electric
SRP
Flooring
Laminate
WaterSource
City Franchise
ParkingFeatures
Detached Carport, 1 Space/Unit
ExteriorFeatures
Rain Gutters
CommunityFeatures
Barbecue
ConstructionMaterials
Stucco, Block
Map
Nearby sales
Closed within about ¾ mile in the last 6 months (ARMLS).
| Address | Sold | Price | Beds/Baths | Sq ft | Listing brokerage |
|---|---|---|---|---|---|
| 337 E GENEVA Drive | Sep 29, 2026 | $710,000 | 4/3 | 3,118 | Barrett Real Estate |
| 108 W LOMA VISTA Drive 102 | Sep 17, 2026 | $220,000 | 3/2 | 1,040 | Your Home Sold Guaranteed Realty |
| 519 W 13TH Street | Sep 13, 2026 | $540,000 | 6/4 | 2,762 | Orchard Brokerage |
| 413 E BALBOA Drive | Sep 10, 2026 | $500,000 | 3/2 | 1,900 | Realty ONE Group |
| 803 W 18TH Street | Aug 30, 2026 | $525,000 | 4/2 | 1,908 | At Home Real Estate Arizona |
| 301 E 14TH Street | Aug 30, 2026 | $1,100,000 | 4/4 | 2,576 | Russ Lyon Sotheby's International Realty |
Source: ARMLS IDX via Ivy Realty, updated Oct 2, 4:32 PM (Arizona time).
Listing information courtesy of the Arizona Regional Multiple Listing Service (ARMLS). Information deemed reliable but not guaranteed. Copyright ARMLS.
Use of this search or AI does not create an agency relationship. Agency begins only with a written agreement with Ivy Realty.
Ivy Realty · 20325 N 51st Ave, Bldg 5, Ste 134, Glendale, AZ 85308 · (623) 299-4954 · Designated Broker Ivy Clay, License #LC722089000
Equal Housing Opportunity
Licensees: see Ivy Realty plans (100% plan $25/mo + $395 per closed transaction, or 80/20 with $0 monthly and $0 per transaction).