406 E COLGATE Drive Tempe, AZ $ 351,000
406 E COLGATE Drive
$ 351,000
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406 E COLGATE Drive

Tempe, AZ, 85283
$ 351,000
Bedrooms3 Baths2.0 Sq 1,439

Monthly Estimate*

$ 2,161

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Townhouse for sale in Tempe, AZ

for $351,000 with 3 bedrooms and 2 full baths. This 1,439 square foot townhouse was built in 1978 on a lot size of 0.08.

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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Townhouse Active

Price

$ 351,000

Bedrooms

3

Full Bath

2

Property Type

Townhouse

Taxes

$ 1,496

Style

Residential

Lot Size

0.08

Year Built

1978

Town/City

Tempe

County/Region

Maricopa

MLS | Web ID

6992909

Features
Interior
Interior Amenities Eat-in Kitchen 3/4 Bath Master Bdrm
Flooring Carpet Laminate Tile
Total Stories 1
Common Walls Two Common Walls
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Bedrooms 3
Total Baths 2
Bedrooms Possible 3
Built-in Microwave True
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General
Sewer Public Sewer
Heating Electric
Cooling Central Air
Utilities SRP
Possession Close Of Escrow
Roof Built-Up Foam Rolled/Hot Mop
HOA Fee 179.0
Garage Spaces 0.0
Association Fee Includes Trash
Construction Materials Stucco Wood Siding Wood Frame Painted
Year Built 1978
Township 1S
Property Subtype Townhouse
Tax Year 2025
Ownership Fee Simple
Community Features Pool
Assoc Fee Paid Per Monthly
County Maricopa
New Construction N
Property Type Residential
HOA Y
Attached Garage N
Subdivision Name UNIVERSITY ROYAL GARDEN HOMES
Total Rooms 0
Special Listing Conditions N/A
Status Active
Directions Baseline Rd To Rural Rd. South on Rural Rd to Oxford Dr. East on Oxford Dr. North or La Rosa Dr. East on Colgate to property.
High School Marcos De Niza High School
City Tempe
Disclosures Seller Discl Avail
Association Name University Royal Gar
High School District Tempe Union High School District
Open Parking Spaces 2.0
Lot Size Units Square Feet
Lot Size Square Feet 3498.0
Carport Spaces 2.0
Carport Y/N N
Spa Features None
Elementary School Aguilar School
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 1496.0
Home Warranty Y/N N
Middle/Junior High School Connolly Middle School
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Builder Name NA
Standard Status Active
Occupancy Type Vacant
Elementary School District Tempe School District
Tax Lot 57
New Financing: Conventional True
Senior Community N
Ttl Monthly Fee Equiv 179.0
New Financing Cash True
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Exterior
Fencing Block
Parking Features RV Access/Parking RV Gate
Lot Features Grass Front
Water Source City Water
Lot Size Area 3498.0
Spa N
Lot Size Acres 0.08
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 2.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 406
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* Excluded Features
List By
Coldwell Banker Realty

Broker

michelle@michellesellsaz.com

Email

Affordability Calculator

$2,286
Per Month
95%
5%
0%
Monthly Principal & Interest
$2,161
Monthly Property Taxes
$125
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4327090 Elementary School
4327180 Middle School
Marcos De Niza High School High School
Pricing History
DatePricePrice ChangeDescription
3/4/2026$351,000 Listed Price

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406 E COLGATE Drive, Tempe, AZ, 85283 is a Townhouse for sale at $351,000 with 1,439 sqft and a lot size of 0.08. 406 E COLGATE Drive has 3 bedrooms, 2.0 baths, and was built in 1978. The property's zip code is 85283 which is in Tempe, AZ