The Condo Mania Team
MLS: 6992909 $351,000
3 Bedrooms with 2 Baths406 E COLGATE DRIVE
TEMPE AZ 85283MLS: 6992909
Status: ACTIVE
List Price: $351,000
Price per SQFT: $244
Square Footage: 14393 Bedrooms
2 Baths
Year Built: 1978
Zip Code: 85283
Listing Remarks
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.
Address: 406 E COLGATE DRIVE TEMPE AZ 85283
ARMLS MICHELLE PERRY of COLDWELL BANKER REALTY
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Condo Mania Agent
Angela Covey
Homesmart
Real Estate Agent
Phone: 602-677-9038
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Listing Details
STATUS: Active PROPERTY TYPE: Residential PROPERTY SUB TYPE: Townhouse LISTING CONTRACT DATE: 2026-03-04 BEDROOMS: 3 BATHROOMS: 2 LIVING AREA SQ FT: 1439 LIVING AREA SOURCE: Assessor YEAR BUILT: 1978 TAXES: $1,496 HOA/MGMT CO: University Royal Gar HOA/MGMT PHONE: 480-759-4945 HOA FEES FREQUENCY: Monthly HOA FEES: $179 HOA INCLUDES: Trash COMMUNITY FEATURES: Pool APPLIANCES INCLUDED: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Electric Range BUILDER NAME: NA CONSTRUCTION: Stucco, Wood Siding, Wood Frame, Painted FLOORING: Carpet, Laminate, Tile HEATING: Electric COOLING: Central Air INTERIOR FEATURES: Eat-in Kitchen, 3/4 Bath Master Bdrm LOT FEATURES: Grass Front # GARAGE SPACES: 0 # CARPORT SPACES: 2 PARKING FEATURES: RV Access/Parking, RV Gate COMMON WALLS: Two Common Walls ROOF: Built-Up, Foam, Rolled/Hot Mop STORIES TOTAL: 1 LEGAL DESCRIPTION: LOT 57 UNIVERSITY ROYAL GARDEN HOMES MCR LISTING AGENT: MICHELLE PERRY LISTING OFFICE: COLDWELL BANKER REALTY LISTING CONTACT: 602-292-4244
Estimated Monthly Payments
List Price: $351,000 20% Down Payment: $70,200 Loan Amount: $280,800 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $1,775 Estimate does not include taxes, fees, insurance.
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Property Location: 406 E COLGATE DRIVE TEMPE AZ 85283
This Listing
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Condo Mania Agent
Mary Ann Kren
Homesmart
Real Estate Agent
Phone: 480-221-4437
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Last Updated: 2026-03-04 10:35:56
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