626 S Wilson Street Tempe, AZ $ 2,500,000
626 S Wilson Street
$ 2,500,000
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626 S Wilson Street

Tempe, AZ, 85281
$ 2,500,000
Baths0.0

Monthly Estimate*

$ 15,597

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Studio

Multi-Family Home for sale in Tempe, AZ

for $2,500,000. This home was built in 1960.

Venture on Wilson is a fully renovated, 12-unit garden-style community ideally located in the heart of Tempe, just blocks from Mill Avenue, Tempe Beach Park, and the ASU campus. Originally constructed in 1960 and extensively updated in 2019, the property blends timeless architecture with thoughtful upgrades tailored to today's urban renter. The community features a desirable unit mix of (10) one-bedroom and (2) two-bedroom residences, each individually metered for electricity and equipped with in-unit washers and dryers. A central courtyard offers residents a private, shaded gathering space, while mature palm trees and native landscaping enhance the boutique appeal. Positioned just one block from the newly developed Whole Foods Market and walkable to restaurants, nightlife, and the light rail, Venture on Wilson offers both lifestyle convenience and long-term investment potential in one of Greater Phoenix's most resilient rental markets.

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Multi-Family Active

Price

$ 2,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,305

Style

Multiple Dwellings

Year Built

1960

Town/City

Tempe

County/Region

Maricopa

MLS | Web ID

6901363

Features
General
Sewer Public Sewer
Heating Heat Pump
Cooling Central Air Heat Pump Individual
Roof Concrete Foam
Zoning R-3
Construction Materials Brick Veneer Painted Block
Year Built 1960
Electric APS
Township 1N
Tax Year 2024
Ownership Fee Simple Fee Simple
Gross Income 177420.0
Community Features No Pool
County Maricopa
Net Operating Income 139415.0
Operating Expense 38005.0
Insurance Expense 8400.0
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name STATE PLAT NO 12 AMD
Garage Y/N N
Status Active
Directions Heading (South) on Priest Dr turn (East) on 5th St (South) on Wilson St continue to the property on your (West) side.
City Tempe
Disclosures None
High School District Tempe Union High School District
Open Parking Spaces 19.0
Number Of Units Total 12
Carport Y/N N
Tax Annual Amount 5305.0
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Elementary School District Tempe School District
Tax Lot 1
Cap Rate 5.07
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Vinyl Concrete
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features >1 Space Per Unit
Water Source Master Meter
Total Parking 19.0
Number of Buildings 2
Spa N
Lot Dimensions 23958 square feet
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 626
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* Excluded Features
List By
Russ Lyon Sotheby's International Realty

Broker

david.arustamian@russlyon.com

Email

Affordability Calculator

$16,039
Per Month
97%
3%
0%
Monthly Principal & Interest
$15,597
Monthly Property Taxes
$442
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4327087 Elementary School
4327661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/18/2025$2,500,000 -5.66% Price Down
9/3/2025$2,650,000 -3.64% Price Down
8/5/2025$2,750,000 Listed Price

Map


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626 S Wilson Street, Tempe, AZ, 85281 is a Multi-Family Home for sale at $2,500,000. 626 S Wilson Street is a studio with 0.0 baths and was built in 1960. The property's zip code is 85281 which is in Tempe, AZ