406 E Colgate Drive Tempe, AZ 85283

3 Beds
1,439 Sqft
3,498 Sqft lot
0.08 Acre lot
$325,000 Est. $1,197 / mo.*
Status: Active
Property Type: Townhouse
Year Built: 1978
Neighborhood: University Royal Garden Homes
Days on Website: 17

Courtesy of Coldwell Banker Realty {attribution_contact}

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.

Property Details and Features

  • "Dryer"
  • "Washer"
  • "Refrigerator"
  • "Built-in Microwave"
  • "Dishwasher"
  • "Electric Range"
  • 2 total bathrooms
  • 3 total bedrooms
  • Built in 1978
  • Living area: 1439
  • Construction materials: "Stucco", "Wood Siding", "Wood Frame", "Painted"
  • "Central Air"
  • "Block"
  • "Carpet"
  • "Laminate"
  • "Tile"
  • "Electric"
  • Association fee: $179
  • Association fee frequency: Monthly
  • Association fee includes: "Trash"
  • "Eat-in Kitchen"
  • "3/4 Bath Master Bdrm"
  • Listing ID: 6992909
  • Standard status: Active
  • 17 days on market
  • Subdivision name: UNIVERSITY ROYAL GARDEN HOMES
  • 0.08 acres
  • 3,498 sqft
  • "Grass Front"
  • "RV Access/Parking"
  • "RV Gate"
  • "Close Of Escrow"
  • "Built-Up"
  • "Foam"
  • "Rolled/Hot Mop"
  • Elementary school: Aguilar School
  • High school: Marcos De Niza High School
  • High school district: Tempe Union High School District
  • "Public Sewer"
  • Annual amount: $1,496
  • Lot: 57

This content last updated on March 22, 2026 12:14AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.