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    626 S Wilson St Tempe, AZ 85281

    For Sale
    $2,500,000

    MULTI_FAMILY - Tempe, AZ

    Days on Market:
    50
    Last Refresh:
    Dec 6 at 7:06 pm

    Property Features for 626 S Wilson St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-3
    APN
    124-33-066-B
    Appliances
    Built-In Range

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air, Heat Pump

    Building Details

    Year built
    1960
    Number of units
    12
    Flooring type
    Vinyl, Concrete
    Building materials
    Brick Veneer, Painted, Block
    Roof type
    Concrete, Foam

    Russ Lyon Sotheby's International Realty (480) 287-5200 [email protected]

    Listing agent David Arustamian (480) 750-7424

    Listing date Oct 18, 2025

    MLS# 6901363 Listing URL

    Copyright © 2025 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.

    Overview

    Renovated Multifamily Property Near ASU

    Venture on Wilson is a fully renovated, 12-unit garden-style community located in Tempe, near Mill Avenue, Tempe Beach Park, and the ASU campus. Constructed in 1960 and updated in 2019, the property combines architecture with upgrades. The unit mix includes ten one-bedroom and two two-bedroom residences. Each unit is individually metered for electricity and equipped with in-unit washers and dryers. A central courtyard provides a gathering space, while palm trees and native landscaping enhance the appeal. Positioned one block from the newly developed Whole Foods Market and walkable to restaurants, nightlife, and the light rail, Venture on Wilson offers convenience and investment potential in one of Greater Phoenix's rental markets.
    Property Profile Location Intelligence

    Current Use by Public Records

    Venture on Wilson Apartment Complex

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Restaurant Hair Salon Nail Salon Building Supply Clothing Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.946118
    Latitude
    33.423318

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    FAQs

    What type of property is this?
    Apartment building - Fully renovated 12-unit property near ASU and Mill Avenue.
    Where is this apartment building located?
    The property is located at 626 S Wilson St Tempe, AZ.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Prime Tempe location: Blocks from Mill Avenue, Tempe Beach Park, and ASU campus.; - Fully renovated in 2019 with modern upgrades.; - Enjoy the convenience of in-unit washers and dryers in all units.
    (480) 750-7424
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    626 S Wilson St Tempe, AZ 85281
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