$1,899,000

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,… Read MoreRead Less

Courtesy of Marcus & Millichap 602-687-6700

Listing Snapshot

Days Online

Last Updated

Oct 10, 2026

Beds

Year Built

1959

MLS Number

7087067

Source: Home Junction

Additional Details

Property Access

Road Surface: Asphalt

Appliances & Equipment

Refrigerator, Free-Standing Electric Oven, Microwave, W/D Hookup

Building

Built in 1959, 1 building, Construction Materials: Stucco, Block

Community

Barbecue

Cooling

Electric

Disclosures

None

Expenses

Electric: $1,380, Gardener: $2,400, Insurance: $3,731, Maintenance: $1,600, Operating: $28,426, Trash: $2,412, Water/Sewer: $3,060, Other Expense: $1,928

Exterior Features

Rain Gutters

Floors

Laminate

Heating

Electric

Income

Gross Income: $154,390, Gross ScheduledIncome: $158,916, Net Operating Income: $122,859

Lot

Dimensions: 10064

Owner Pays

Trash Collection, Water, Sewer, Landscaping

Parking

8 covered spaces, 8 total parking spaces, Detached Carport, 1 Space/Unit

Roof

Composition

Sewer

Public Sewer

Taxes

Additional parcels description:, Parcel Number: 133-23-062, Public Survey Range: 4E, Public Survey Section: 27, Annual Amount: $5,732, Tax Book Number: 133.00, Legal Description: LOT 33 TEMPE ESTATES MCR 007023, Lot: 33, Year: 2026, Zoning: R-4

Utilities

Water Source: City Franchise, SRP

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