601 S Hardy Drive, Tempe, AZ 85281

$1,116,000
Property Type: Multiple Dwellings Bedrooms: 6 Baths: 6 Status: Active
Current Price: $1,116,000 Last Modified: 10/11/2026

Overview

Description

Williams Heritage is a six-unit multifamily community located near Downtown Tempe and Arizona State University. The property comprises two adjacent, separately parceled, single- story triplex buildings situated on approximately 0.38 combined acres. The separate parcels offer the potential for residential financing, providing additional flexibility for qualified buyers. Williams Heritage is strategically located near Downtown Tempe, approximately 1.3 miles from Arizona State University's Tempe campus. The property provides convenient access to Mill Avenue, Tempe Town Lake, Marina Heights, the Novus Innovation Corridor and other major employment, education and entertainment destinations.

Listing Details MLS# 7074936

Location, Tax & Legal

House Number
601
Compass
S
Street Name
Hardy
St Suffix
Drive
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Country
US
County Code
Maricopa
Assessor Number
124-34-019-C
Tax Year
2025

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
UNK
Year Built
1980
Uncvrd Parking Spcs
9
Total # of Units
6
# of Buildings
2
Zoning
R-3
Elementary School District
Tempe School District
High School District
Tempe Union High School District

Remarks Misc

Cross Street
University and Hardy
Directions
From Hardy, between Priest and Mill, and University Drive, go North, property is on the East side of street just past W 7th Street.

Legal Info

Lot Number
30E

1 Bedroom Units

# 1 Bedroom Units
6
Avg Rent
1325
Avg SqFt
653
# Baths
Yes

More Information

Structure

Bedrooms Total
6
Bathrooms Total
6

Income Expenses

Gross Annual Sch Inc
95280
Net Operating Income
67079

Showing Notification Methods

Showing Service
No Showing Service Used

Contact Info

List Agent Home Phn
602-703-5277

Property Features

Project Type: 5 - 12 Units Construction: Block Const - Finish: Painted Roofing: Composition Floors: Vinyl; Other Sale Includes: Land & Building Community Features: Other Exterior Amenities: Desert Landscaping Interior Features: Fire/Smoke Alarm(s) Appliances Included: Free-Standing Electric Oven; Refrigerator; Dishwasher; Disposal; Microwave Cooling: Electric; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: >1 Space Per Unit Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Gas Source of Fincl Data: Owner Lockbox Type: None New Financing: Cash; Conventional; No Carry Environmental: None
IDX
Listing Office: Coldwell Banker Commercial Realty
Office Phone: 630-674-1600
Office Email: catherine.fox@cbrealty.com
Last Updated: October - 11 - 2026
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