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2205 S Mill Avenue, Tempe

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.

11 Beds ⋅ 8 Baths ⋅ 7087067 MLS

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.

2205 S Mill Avenue, Tempe

107 E Palmcroft Drive, Tempe

*Seller is willing to offer concessions for a rate buy-down.* Set on an expansive, irrigated lot in a stellar central Tempe location, this inviting single-level ranch offers four bedrooms, two bathrooms and approximately 1,683 square feet of comfortable, flexible living space, along with owned solar. The bright, open living and dining areas are anchored by a character-rich brick fireplace, while wood-look tile flooring creates an easy flow throughout the home. The spacious kitchen features abundant cabinetry, generous counter space, a tiled backsplash and a convenient coffee area. Freshly painted flat-white ceilings give the interior a clean, updated appearance. The primary bedroom includes an en-suite bath, and the additional bedrooms provide plenty of options for guests, hobbies, or or working from home. Both bathrooms have been updated, including a-sink vanity in the hall bath. Outside, mature trees shade the enormous private backyard, with an extensive lawn and ample room to entertain, play, garden or create your own outdoor retreat. Additional features include laundry and a two-car carport. Located on a quiet residential street near ASU, shopping, restaurants, entertainment and the best of Tempe, Scottsdale and downtown Phoenix, this home combines space, character and an exceptionally central location.

4 Beds ⋅ 2 Baths ⋅ 7081972 MLS ⋅ 1,683 SqFt.

*Seller is willing to offer concessions for a rate buy-down.* Set on an expansive, irrigated lot in a stellar central Tempe location, this inviting single-level ranch offers four bedrooms, two bathrooms and approximately 1,683 square feet of comfortable, flexible living space, along with owned solar. The bright, open living and dining areas are anchored by a character-rich brick fireplace, while wood-look tile flooring creates an easy flow throughout the home. The spacious kitchen features abundant cabinetry, generous counter space, a tiled backsplash and a convenient coffee area. Freshly painted flat-white ceilings give the interior a clean, updated appearance. The primary bedroom includes an en-suite bath, and the additional bedrooms provide plenty of options for guests, hobbies, or or working from home. Both bathrooms have been updated, including a-sink vanity in the hall bath. Outside, mature trees shade the enormous private backyard, with an extensive lawn and ample room to entertain, play, garden or create your own outdoor retreat. Additional features include laundry and a two-car carport. Located on a quiet residential street near ASU, shopping, restaurants, entertainment and the best of Tempe, Scottsdale and downtown Phoenix, this home combines space, character and an exceptionally central location.

107 E Palmcroft Drive, Tempe

136 E Palmcroft Drive, Tempe

Single-story corner lot home is located less than 2 mi. from ASU Campus and one block from the regarded Broadmor Elementary. Floor plan features a custom primary suite conversion with its own dedicated AC unit, full private bathroom, and walk-in closet. Kitchen comes with shaker cabinets, large walk-in pantry, and updated appliances. Wood-look tile runs through the rest of the home. The other three bedrooms are well-sized with easy access to the secondary bathroom. Backyard includes a covered patio and SRP flood irrigation, allowing for a lush yard and mature trees without high water costs. Whether used as a rental near campus or a primary residence, this property is a standout for the area. *Some photos have been virtually staged and/or digitally enhanced to show potential.*

4 Beds ⋅ 3 Baths ⋅ 7012485 MLS ⋅ 2,256 SqFt.

Single-story corner lot home is located less than 2 mi. from ASU Campus and one block from the regarded Broadmor Elementary. Floor plan features a custom primary suite conversion with its own dedicated AC unit, full private bathroom, and walk-in closet. Kitchen comes with shaker cabinets, large walk-in pantry, and updated appliances. Wood-look tile runs through the rest of the home. The other three bedrooms are well-sized with easy access to the secondary bathroom. Backyard includes a covered patio and SRP flood irrigation, allowing for a lush yard and mature trees without high water costs. Whether used as a rental near campus or a primary residence, this property is a standout for the area. *Some photos have been virtually staged and/or digitally enhanced to show potential.*

136 E Palmcroft Drive, Tempe

2205 S Mill Avenue, Tempe

2205-2211 S Mill Ave consists of an 8-unit apartment community and a 2,203 square foot building located in Tempe, AZ. The properties were originally constructed in 1959 (apartments) and 1974 (office) and sit on two separate lots measuring 10,064 each (20,128 sq. ft. total). They were previously master leased by a local non-profit organization at $17k/month on a NNN structure but are now currently vacant. Since the properties are separately parceled, they can be sold together as a portfolio or separately. 2205-2211 S Mill Ave presents an intriguing value-add opportunity, where new ownership can acquire either one or two well-located assets with significant upside through a similar master lease program or market rate tenants.

11 Beds ⋅ 7 Baths ⋅ 6910328 MLS

2205-2211 S Mill Ave consists of an 8-unit apartment community and a 2,203 square foot building located in Tempe, AZ. The properties were originally constructed in 1959 (apartments) and 1974 (office) and sit on two separate lots measuring 10,064 each (20,128 sq. ft. total). They were previously master leased by a local non-profit organization at $17k/month on a NNN structure but are now currently vacant. Since the properties are separately parceled, they can be sold together as a portfolio or separately. 2205-2211 S Mill Ave presents an intriguing value-add opportunity, where new ownership can acquire either one or two well-located assets with significant upside through a similar master lease program or market rate tenants.

2205 S Mill Avenue, Tempe

Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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