Located in the heart of Tempe, this 18-unit apartment complex presents a turnkey investment opportunity in a high-demand market. Situated just minutes from Arizona State University, downtown Tempe, major freeways, and public transit, this property's prime location attracts a steady stream of tenants for consistent rental income in a thriving metropolitan area.
Property Details
Property Features
Property Information:
Year Built: 1963
Listing Office:
Office Name: Denali Real Estate, LLC
Office Phone: (480) 626-4062
Listing Agent: Simon Bowen
Interior Features
Interior Information:
Flooring Type: Concrete
Exterior Features
Parking Information:
Parking: Add'l Parking Avail, Common
Utilities
Utilities Information:
Heating: Other, Heat Pump
Cooling: Heat Pump
Other
Directions Information:
Directions: GPS
Price Information
Listing Price Info
Price Summary:
List Price: $4,690,000
Tax Information:
Annual Amount: $3,779
Tax Year: 2021
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Broadmor Elementary School
311 E Aepli Dr
Distance between this listing and this school0.10 miles
Public District Grades KG-5
2
/10
Carminati Elementary School
4001 S McAllister Ave
Distance between this listing and this school1.16 miles
Public District Grades PK-5
6
/10
Hudson Elementary School
1325 E Malibu Dr
Distance between this listing and this school1.33 miles
Public District Grades KG-5
Nearby Schools
6
/10
McKemy Academy of International Studies
2250 S College Ave
Distance between this listing and this school0.06 miles
Public District Grades 6-8
2
/10
Gililland Middle School
1025 S Beck Ave
Distance between this listing and this school1.57 miles
Public District Grades 6-8
4
/10
Connolly Middle School
2002 E Concorda Dr
Distance between this listing and this school2.01 miles
Public District Grades 6-8
Nearby Schools
4
/10
Tempe High School
1730 S Mill Ave
Distance between this listing and this school0.54 miles
Public District Grades 9-12
4
/10
International Commerce High School - Tempe
1105 E Broadway Rd
Distance between this listing and this school0.75 miles
Public Charter Grades 9-12
9
/10
Tempe Preparatory Academy
1251 E Southern Ave
Distance between this listing and this school1.18 miles
The neighbors living near this home have an average income of $48,373. Typical income of Tempe, AZ residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2309 S College Ave
What is the listing price of this property?
The listing price of 2309 S College Ave property is $4,690,000.
What type of property is this?
The property 2309 S College Ave is a house located in Tempe, Arizona, 85282.
Is this property for sale now?
Active Listing: 2309 S College Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $3,779 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 15, 2019 for $3,110,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 2309 S College Ave is 1963.
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This home is located at 2309 S College Ave in Tempe, AZ and zip code 85282 in the Broadmor neighborhood. This home was built in 1963. It has been listed on Rocket Homes since January 03, 2025 and is currently priced at $4,690,000.
While more than 13 listings in Tempe, AZ in December 2024 were sold above asking price, there were more than 27 listings sold at asking price, and more than 77 were sold below. The number of homes for sale in Tempe, AZ decreased by 3.5% between November 2024 and December 2024. Listings spent 59 days on the market in December 2024, and had a median list price of $480,604 during the same period.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
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