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510 W University Dr, Unit 118 Tempe, AZ 85281

Sponsored
For Sale
$1,200,000

MULTI_FAMILY - Tempe, AZ

Days on Market:
17
Last Refresh:
Feb 5 at 9:06 am

Property Features for 510 W University Dr

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Zoning
R3
Rooms
Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2
Bedrooms
2
APN
124-33-122
Pool private
1
Appliances
Free-Standing Range, Dishwasher, Refrigerator, Free-Standing Electric Oven

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric

Building Details

Year built
1986
Number of units
8
Flooring type
Carpet, Tile - Ceramic
Building materials
Wood Frame, Painted, Stucco
Roof type
Tile

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Listing Contact
Jay Haugen
Jay Haugen

RE/MAX Excalibur (480) 355-3500

Listing agent Jay Haugen (480) 612-7475

Listing date Jan 20, 2026

MLS# 6969635 Listing URL

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Tempe Condos Bulk Sale

This offering presents a bulk sale opportunity consisting of eight condominium units situated in Tempe, Arizona. Specifically, the units are located in Building A (units 101, 103, 201, and 203) and Building F (units 118, 119, 218, and 220). The monthly Homeowner Association (HOA) fee is $223 per unit, totaling $2,676 annually per unit. The property is located within a designated Opportunity Zone (GEOID 04013318800, Maricopa County, Arizona), potentially offering tax benefits.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

The UPS Store Courier Service Palo Verde East Student Dormitory Shred Nations Recycling Center MidFirst Bank - ATM Atm Hermosa Place Condominiums Condominium Complex

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Dental Office Restaurant Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Tempe
County
Maricopa
State
Arizona
Longitude
-111.946318
Latitude
33.422264

FAQs

What type of property is this?
Apartment building - Eight condos for sale in Tempe, located in an Opportunity Zone.
Where is this apartment building located?
The property is located at 510 W University Dr, Unit 118 Tempe, AZ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: - Bulk sale of 8 condos presents a unique investment opportunity.; - Located in a designated Opportunity Zone (QOZ) offering potential tax benefits.; - Enjoy the private pool.
More about this property
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