406 E Colgate Drive, Tempe, AZ 85283
- $325,000
- 3
- BD
- 2
- BA
- 1,439
- SqFt
- Sold Price
- $325,000
- List Price
- $325,000
- Status
- CLOSED
- Days on Market
- 45
- Closing Date
- Apr 17, 2026
- MLS#
- 6992909
- Subtype
- Residential
- Year Built
- 1978
- Bedrooms
- 3
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,439
- Lot Size
- 3,498
- Acres
- 0.08
- Subdivision
- University Royal Garden Homes
Property Description
Value-add opportunity in a prime Tempe location. Centrally situated near schools, shopping, dining, and major commuter routes, this townhouse offers strong upside potential. Cosmetic remodel, rental, first time home buyer, and more! The home features a functional and spacious layout with a large living room, dedicated dining area, galley kitchen, oversized laundry room, and generously sized bedrooms. The solid floor plan provides an excellent canvas for cosmetic updates and modernization. Single-owner property with room for improvement, making it ideal for an investor seeking to renovate and build equity. The private patio with outdoor fireplace adds a unique outdoor living feature, while the well-maintained community offers expansive grassy areas and a pool- amenities that enhance long-term rental and resale appeal. An excellent opportunity to add value in a central Tempe community with enduring demand.
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Additional Information
- Interior Features
- 3/4 Bath Master Bdrm, Eat-in Kitchen
- Taxes
- $1,496
- HOA Fee
- $179
- HOA Freqency
- Monthly
- Flooring
- Carpet, Laminate, Tile
- Heating
- Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Wood Frame, Painted, Stucco, Wood Siding
- Stories
- 1
- Parking Features
- RV Access/Parking, RV Gated
- Elementary School
- Aguilar School
- Middle School
- Connolly Middle School
- High School
- Marcos De Niza High School
Mortgage Calculator
Listing courtesy of Listing Agent: Michelle Perry (602-292-4244) from Listing Office: Coldwell Banker Realty.
Selling Office: eXp Realty.All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.