Renovated 12-Unit Apartment
For Sale
$2,400,000
626 South Wilson Street, Tempe, AZ 85281
Garden-style community with individually metered residences, in-unit laundry, and a shared courtyard.
Property SizeContact for details
Days on Market401
Property Features for 626 South Wilson Street
General Information
Standard status
Active
Property subtype
Multiple Dwellings
Zoning
R-3
Net Operating Income
$139,415
Units
Unit Mix
10 x 1BR, 2 x 2BR
Multifamily Units
12
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$5,305
Amenities
in-unit washer and dryer
central courtyard
Central Air, Heat Pump, Individual
Heat Pump
Vinyl, Concrete
Yes
0.0
Concrete, Foam
No Pool
2
12
Brick Veneer, Painted, Block
Building Details
Year Built
1960
Year Renovated
2019
Construction
garden-style
Listing Agency:
Russ Lyon Sotheby's International Realty
(480) 209-2615
Listed By:
David Arustamian · License #BR662152000
(480) 209-2615
Source:
Compass
Added: Jul 27, 2025
Changed: Aug 31
Last Checked: Aug 31 at 12:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Russ Lyon Sotheby's International Realty
Investment Insights
Based on property information with market context.
Venture on Wilson is a 12-unit garden-style apartment community at 626 South Wilson Street in Tempe. The property was built in 1960 and renovated in 2019, with a unit mix of 10 one-bedroom residences and 2 two-bedroom residences. Each apartment has individual electric metering, central air, heat pump systems, and an in-unit washer and dryer. Vinyl and concrete flooring, along with painted brick veneer and block construction, are also featured throughout the property.
A central courtyard provides a shared outdoor setting, complemented by mature palms and native landscaping. The community is located one block from the newly developed Whole Foods Market and within walking distance of Mill Avenue, Tempe Beach Park, the ASU campus, restaurants, nightlife, and light rail. The property is zoned R-3.
A central courtyard provides a shared outdoor setting, complemented by mature palms and native landscaping. The community is located one block from the newly developed Whole Foods Market and within walking distance of Mill Avenue, Tempe Beach Park, the ASU campus, restaurants, nightlife, and light rail. The property is zoned R-3.
Key Highlights
- 12‑unit garden‑style apartment community
- Renovated in 2019; originally built in 1960
- Unit mix includes 10 one‑bedroom and 2 two‑bedroom residences
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
2,334
Businesses Nearby
Explore this area
Business Placement
Demographics for 85281, AZ
69,218
Population
32,475
Households
2.1
Avg Household Size
26
Median Age
49%
College-Educated
91%
High-School Grad
13.3 sq mi
ZIP Area
5,204
Density / Sq Mi
$59,084
Median Household Income
$32,805
Median Earnings
$1,531
Median Rent
$364,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Garden-style community with individually metered residences, in-unit laundry, and a shared courtyard.
Where is this apartment building located?
The property is located at 626 South Wilson Street Tempe, AZ.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 12‑unit garden‑style apartment community; Renovated in 2019; originally built in 1960; Unit mix includes 10 one‑bedroom and 2 two‑bedroom residences
