$4,690,000

2309 S College Ave Tempe, AZ 85282

House

Property details

About 2309 S College Ave

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.

Highlights

Home typeOther
HeatingOther, Heat Pump
StatusActive
CoolingHeat Pump
Year built1963
ParkingAdd'l Parking Avail, Common
MLS #6799565

Summary

  • MLS Number: 6799565
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: Denali Real Estate, LLC
  • Office Phone: (480) 626-4062
  • Office Email: mike@yourazpm.com
  • Listing Agent: Simon Bowen

IDX 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 2:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$4,690,000

2309 S College Ave

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Price information

Property sales

DateEventPrice
Mar 15, 2019
Home Sold
$3,110,000
Sep 21, 2017
Home Sold
$2,550,000
May 02, 2016
Home Sold
$1,280,000
Aug 01, 1997
Home Sold
$525,000

Tax history

YearAssessmentProperty Tax
2024$162,970$3,912
2023$140,130$3,753
2022$84,150$3,779
2020$72,830$3,664
2019$62,250$3,505
2017$46,470$3,401

History based on county public records data.

Nearby schools

6

Broadmor Elementary School

Public District KG-5

0.1 mi

311 E Aepli Dr

2

Carminati Elementary School

Public District PK-5

1.2 mi

4001 S McAllister Ave

6

Hudson Elementary School

Public District KG-5

1.3 mi

1325 E Malibu Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $48,373. Residents of Tempe, AZ typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

37%
<35k
38%
35k-100k
21%
100k-200k
4%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

53%
Single, No Kids
11%
Single, with Kids
22%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
7%
12-17 yrs old
30%
18-34 yrs old
36%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • TennisTennis
  • Live TheatreLive Theatre

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • Crate & BarrelCrate & Barrel
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • StarbucksStarbucks
  • Boston MarketBoston Market

What do the neighbors drive?

  • ToyotaToyota
  • BMWBMW
  • MercedesMercedes

What do the neighbors listen to?

  • JazzJazz
  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2309 S College Ave

This home is located at 2309 S College Ave in Tempe, AZ and zip code 85282 in the Broadmor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 3, 2025 and is currently priced at $4,690,000.

Over 8 listings were sold over their listed price in February 2025 in Tempe, AZ. In the same period over 64 listings were sold below the listed price and 23 listings were sold for the listed price. The number of homes for sale in Tempe, AZ increased by 8.8% between January and February 2025. While the average time on the market in February 2025 was 61 days, the median list price was $485,159.

From Rocket Homes Real Estate and based on county public records data.

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