$1,250,000
SOLD SEP 30, 2025
-- Bed
-- Bath
650 Sq Ft
1959 Built

Recently Sold

$1,923 Per Sq Ft

4% Below List Price

7 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • Heat Pump System
  • Ceiling Fan

About This Home

As of September 2025

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.

Last Agent to Sell the Property

Brad Skenderian

Matthews Real Estate Investment Services License #SA692958000 Listed on: 08/15/2025

Last Buyer's Agent

Brad Skenderian

Matthews Real Estate Investment Services License #SA692958000 Listed on: 08/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,059

Year Built

  • Built in 1959

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Parking

  • 2 Open Parking Spaces
  • 8 Parking Spaces
  • Carport

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 33
  • Assessor Parcel Number 133-23-062

Community Details

Overview

  • 8 Units
  • Building Dimensions are 10,064 SqFt
  • Tempe Estates Subdivision

Building Details

  • Operating Expense $5,059

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,059

Year Built

Built in 1959

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Mill Avenue & Broadway Road
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1959
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Subdivision Name: TEMPE ESTATES
  • Cooling:Ceiling Fan(s): Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Carpet, Vinyl
  • Appliances: Built-In Range, Refrigerator
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Carport
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Electric, Heat Pump
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Separate Storage: Yes

Schools

  • Junior High Dist: Tempe Union High School District

Lot Info

  • Lot Size: 10,064 SqFt
  • Additional Parcels: No
  • Parcel #: 133-23-062

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 8
  • Annual Operating Expense: 5059.0

Tax Info

  • Tax Annual Amount: 5059.0
  • Tax Book Number: 133.00
  • Tax Lot: 33
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2025 09/30/25 Sold $1,250,000 -3.8% $1,923 / Sq Ft
09/04/2025 09/04/25 Price Changed $1,300,000 0.0% $2,000 / Sq Ft
08/22/2025 08/22/25 Pending -- -- --
08/20/2025 08/20/25 Pending -- -- --
08/15/2025 08/15/25 For Sale $1,300,000 +141.9% $2,000 / Sq Ft
11/12/2012 11/12/12 Sold $537,500 -10.4% $347 / Sq Ft View Prior Sale
10/28/2012 10/28/12 Pending -- -- --
05/24/2012 05/24/12 For Sale $599,900 -- $387 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,413 $45,162 -- --
2024 $4,998 $43,011 -- --
2023 $4,998 $142,800 $28,560 $114,240
2022 $4,794 $112,630 $22,520 $90,110
2021 $4,827 $93,310 $18,660 $74,650
2020 $4,681 $82,100 $16,420 $65,680
2019 $4,592 $68,710 $13,740 $54,970
2018 $4,478 $57,280 $11,450 $45,830
2017 $4,345 $49,430 $9,880 $39,550
2016 $4,314 $46,110 $9,220 $36,890
2015 $4,143 $46,730 $9,340 $37,390
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6910328

Arizona Regional Multiple Listing Service (ARMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.