406 E Colgate Drive, Tempe, AZ 85283

$325,000
3
BD
2
BA
1,439
SqFt

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Sold Price
$325,000
List Price
$325,000
Closing Date
Apr 17, 2026
Days on Market
45
Status
CLOSED
MLS#
6992909
City
Tempe
Bedrooms
3
Bathrooms
2
Living SQFT
1,439
Lot Size
3,498
Subdivision
University Royal Garden Homes
Year Built
1978
Type
Townhouse

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.

Additional Information

Elementary School
Aguilar School
High School
Marcos De Niza High School
Middle School
Connolly Middle School
Acres
0.08
Assoc Fee Includes
Maintenance Exterior, Front Yard Maint, Maintenance Grounds, Street Maint
Hoa Fee
$179
Hoa Fee Frequency
Monthly
Hoa
Yes
Hoa Name
University Royal Gar
Builder Name
NA
Community Features
Clubhouse
Construction
Wood Frame, Painted, Stucco, Wood Siding
Cooling
Central Air
Fencing
Block
Flooring
Carpet, Laminate, Tile
Heating
Electric
Living Area
1,439
Lot Size
3,498
New Financing
Cash, Conventional
Parking Features
RV Access/Parking, RV Gated
Lot Features
Grass Front
Roofing
Foam, Rolled/Hot Mop
Spa
None
Stories
1
Subdivision
University Royal Garden Homes
Taxes
$1,496
Tax Year
2025
Water
Public

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Calculator source: Real Geeks

Listing courtesy of 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.