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Downtown Tempe Homes for Sale

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  • /39

    $725,000

    • 2 Beds
    • 2 Baths
    • 1,932 Sq Ft

    21 E 6th St Unit 316, Tempe, AZ 85281

    Live in the heart of Downtown Tempe in this stunning 1,932 sf, 3rd Floor, corner loft at the iconic Orchidhouse. Soaring 11 foot ceilings frame this stylish unit, featuring expansive operable windows and rich wood flooring. The sleek, modern kitchen boasts a stainless steel island and top-tier appliances -- creating an inviting space perfect for calling home. With 2 bedrooms and 2 bathrooms,

    Tom Tokoph Urban Realty & Development, LLC

    21 E 6th St Unit 316, Tempe, AZ 85281
  • /61

    $649,900

    • 2 Beds
    • 2 Baths
    • 1,742 Sq Ft

    120 E Rio Salado Pkwy Unit 101, Tempe, AZ 85281

    Experience resort-style living in this beautifully updated 2 bed / 2 bath at the Edgewater Condominiums in Tempe. This rare ground-floor unit boasts 300 sq. ft. of private patio space with exclusive gated access to the lakeside. Inside, high-end designer finishes elevate the space, including wood-look tile flooring, a fully renovated chef's kitchen, and Hunter Douglas smart blinds. The kitchen is

    Rachael Richards RHouse Realty

    120 E Rio Salado Pkwy Unit 101, Tempe, AZ 85281
  • /47

    $725,000

    • 1 Bed
    • 1.5 Baths
    • 1,708 Sq Ft

    140 E Rio Salado Pkwy Unit 111, Tempe, AZ 85281

    Welcome to Your Dream Condo! 🏡Prepare to be blown away by this spectacular 1-bedroom + den, 1.5-bath, 1708 sq.ft. luxury condo offering a massive 810 sq.ft. patio..that redefines perfection. Boasting an expansive, open layout, this residence is appointed with top-tier, high-end finishes and thoughtfully designed custom built-ins—including a sleek desk and an elegant wine/bar setup for all

    Laura Clounch Bridgeview Condominiums at Tempe Town Lake

    140 E Rio Salado Pkwy Unit 111, Tempe, AZ 85281
  • /52

    $925,000

    • 2 Beds
    • 2 Baths
    • 1,855 Sq Ft

    140 E Rio Salado Pkwy Unit 1006, Tempe, AZ 85281

    Your castle in the sky awaits — and it's more breathtaking than you imagined.Soaring above it all on the 10th floor, this expansive 2-bedroom, 2-bath condo spans 1,855 sq. ft. of sophisticated design, elegant finishes, and panoramic views that inspire you.From the moment you step inside, you're welcomed by Mountain Views, Limestone Floors, automated blinds throughout, and triple-pane windows with

    Laura Clounch Bridgeview Condominiums at Tempe Town Lake

    140 E Rio Salado Pkwy Unit 1006, Tempe, AZ 85281
  • /47

    $820,000

    • 3 Beds
    • 2 Baths
    • 2,062 Sq Ft

    28 E 14th St, Tempe, AZ 85281

    PRIME LOCATION! This beautifully maintained 3 bed, 2 bath home is in a great location at University Park, walking distance (1 block!) to ASU, downtown Tempe and many nearby amenities! The home features updated kitchen and bathrooms, newer roof, carport roof, HVAC, electrical panels/outlets, WINDOWS, and water heater! BRICK BUILT home, LARGE lot size w/ large storage room and the perfect

    Steve Shrewsbury HomeSmart

    28 E 14th St, Tempe, AZ 85281
  • /34

    $500,000

    • 4 Beds
    • 2 Baths
    • 1,394 Sq Ft

    1609 E Williams St, Tempe, AZ 85281

    Mid-Century Classic - 4 bedroom + den + 2 bath home on a large, irrigated cul-de-sac lot with grass and trees. Feels cooler here! Beautiful wood laminate flooring and custom concrete floors. Great kitchen with quartz countertops, stainless appliances - gas range, refrigerator, dishwasher, breakfast bar, RO system. Separate dining opens to light and bright living room. Remodeled Baths.

    Mary Ann Kinsman Realty Executives

    1609 E Williams St, Tempe, AZ 85281
  • /47

    $493,000

    • 1 Bed
    • 1.5 Baths
    • 1,168 Sq Ft

    140 E Rio Salado Pkwy Unit 402, Tempe, AZ 85281

    Unit 402 at Bridgeview at Hayden Ferry Lakeside offers a luxurious living experience in the heart of Tempe. This 1,168-square-foot, one-bedroom, 1.5-bathroom condo features contemporary design and high-end finishes. The unit boasts west-facing views, allowing residents to enjoy stunning sunsets over Tempe Town Lake and the community pool from two private patios. The condo is thoughtfully updated

    Maria Boetger HomeSmart

    140 E Rio Salado Pkwy Unit 402, Tempe, AZ 85281
  • /53

    $619,000

    1118 S Mcclintock Dr, Tempe, AZ 85281

    Duplex--Each is a Remodeled 2Bed/2Bath Apt at University/McClintock! Exterior inc assigned covered parking, a shared outdoor grill, a fire-pit, and storage rooms. Onsite shared laundry room. Apartments inc 2 bed, 2 ba, wood-textured flooring, ceiling fans, kitchen, and shared private backyard patio! Kitchen includes stainless steal fridge, dishwasher, stove. microwave, and beautiful cabinets and

    Jennie Miller PLLC Market Edge Realty, LLC

    1118 S Mcclintock Dr, Tempe, AZ 85281
  • /33

    $419,000

    • 1 Bed
    • 1 Bath
    • 882 Sq Ft

    21 E 6th St Unit 311, Tempe, AZ 85281

    Truly one of a kind, 1 Bed, 1 Bath, 882 s.f., 11ft Ceilings, loft style exposed ductwork! Here is a rare opportunity for any future urban dweller. This Loft at the Orchidhouse boasts amazing views and great SUNLIGHT from its expansive 3rd floor windows. Customizations galore!! Wood floors, custom painting, custom cut art glass, built-ins, stainless steel, and exposed brick walls. Recently

    Tom Tokoph Urban Realty & Development, LLC

    21 E 6th St Unit 311, Tempe, AZ 85281
  • /17

    $995,000

    • 4 Beds
    • 2 Baths
    • 1,740 Sq Ft

    313 E 15th St, Tempe, AZ 85281

    Very RARE 1/2 acre lot. Just three blocks from ASU and less than a five-minute walk to iconic Gammage Auditorium, this property offers an unbeatable location in one of Tempe's most established and tightly held neighborhoods—where homes rarely come up for sale.Sitting on a generously sized, flood-irrigated lot just over half an acre and surrounded by mature pecan and fruit trees , this home has

    Angela Cole RETSY

    313 E 15th St, Tempe, AZ 85281
  • /23

    $425,000

    • 1 Bed
    • 1 Bath
    • 1,035 Sq Ft

    435 W Rio Salado Pkwy Unit 210, Tempe, AZ 85281

    Spacious condo all on 1 level except for laundry room basement which has direct entry from garage* No interior steps once you enter the living area* New A/C in 2023 w/10 year parts warranty & lifetime warranty on compressor* Dual-pane windows* Newer luxury vinyl floors* New light fixtures & ceiling fans* Open kitchen with big breakfast bar* Washer, dryer, refrig incl* Private covered patio with

    Kelly Hundelt Realty Executives

    435 W Rio Salado Pkwy Unit 210, Tempe, AZ 85281
  • /32

    $1,400,000

    • 7 Beds
    • 7 Baths
    • 2,605 Sq Ft

    725 E Encanto Dr, Tempe, AZ 85281

    Incredible investor opportunity in the heart of Tempe—just ONE BLOCK from ASU Campus and a short walk to Mill Ave. This 7 BED, 7 BATH turn-key property requires NO TLC and is fully leased through July with strong cash flow. Owner is working on 12-month lease extensions to July 2026 as we speak. Parking for 6 cars in driveway. Located near Rural & Broadway with unbeatable access to shopping,

    Rob Sullivan Berkshire Hathaway HomeServices Arizona Properties

    725 E Encanto Dr, Tempe, AZ 85281
  • /18

    $1,175,000

    1440 S Stanley Place, Tempe, AZ 85281

    Prime dirt location on the doorstep to ASU, the 5th largest university in the US. This six unit complex has a lot to offer. All 1 bedroom unit mix with $1398 rents & a 7/28/2025 lease exp.Located in an opportunity zone with 1000's of new units in process. Mid 6 CAP with room to raise rents. FULL PRICE OFFERS ONLY CONSIDERED. Student housing. Very low expenses w/ separate, tenant-paid

    James Stephens Better Homes & Gardens Real Estate SJ Fowler

    1440 S Stanley Place, Tempe, AZ 85281
  • /15

    $700,000

    • 4 Beds
    • 2 Baths
    • 2,450 Sq Ft

    1432 S Stanley Place, Tempe, AZ 85281

    Strong cash flow with this AZ OZ single-family on the doorstep to ASU, the 5th largest university in the US. FULL PRICE OFFERS ONLY CONSIDERED. Student-housing with $4000/month rent. Tenants pay all utilities, including water/sewer. Lease expiration 7/28/2025. Huge 2450 sf 5 bed/2 bath single-level house with newer pool in the backyard. 6+ CAP with low owner expenses. Available individually or as

    James Stephens Better Homes & Gardens Real Estate SJ Fowler

    1432 S Stanley Place, Tempe, AZ 85281
  • /21

    $775,000

    1424 S Stanley Place, Tempe, AZ 85281

    Prime dirt location on the doorstep to ASU, the 5th largest university in the US. Sought after four unit complex. All 1 bedroom unit mix with $1299 rents & a 7/28/2025 lease exp. Located in an opportunity zone with 1000's of new units in process. High 6 CAP +/-. FULL PRICE OFFERS ONLY CONSIDERED. Student housing. Very low expenses w/ separate, tenant-paid electric/gas. Twin adjacent property is

    James Stephens Better Homes & Gardens Real Estate SJ Fowler

    1424 S Stanley Place, Tempe, AZ 85281
  • /18

    $775,000

    1428 S Stanley Place, Tempe, AZ 85281

    Prime dirt location on the doorstep to ASU, the 5th largest university in the US. Sought after four unit complex. All 1 bedroom unit mix with $1299 rents & a 7/28/2025 lease exp. Located in an opportunity zone with 1000's of new units in process. High 6+ CAP +/-. FULL PRICE OFFERS ONLY CONSIDERED. Student housing. Very low expenses w/ separate, tenant-paid electric/gas. Twin adjacent property is

    James Stephens Better Homes & Gardens Real Estate SJ Fowler

    1428 S Stanley Place, Tempe, AZ 85281
  • /41

    $3,425,000

    1424 S Stanley Place, Tempe, AZ 85281

    This ''ASU OZ 15'' is located in an ''A'' location on the doorstep to ASU, the 5th largest U in the US. 6.6+ CAP w/ current rents. R-4. Opportunity Zone. Lots: 32,500 sf (up to 40,000 sf). Value-add. Package includes: 1424, 1428, 1432, 1440 & 1446 S Stanley Pl. All 1 bed units are 506-525 sf , except 1432 (2450 sf 5 bed house). 9759 total sf. Assemblage price-$3,425,000. Or sold individually:

    James Stephens Better Homes & Gardens Real Estate SJ Fowler

    1424 S Stanley Place, Tempe, AZ 85281
  • /27

    $449,000

    • 2 Beds
    • 2 Baths
    • 1,055 Sq Ft

    420 W 1st St Unit 217, Tempe, AZ 85281

    Welcome to urban living at its finest at 420 West 1st Street, Unit 217, Tempe, AZ. This delightful 2-bedroom, 2-bathroom condo spans 1,055 sq ft, offering a harmonious blend of comfort and style. High ceilings and tile floors create an inviting ambiance in the living area, perfect for relaxation or entertaining. The modern kitchen features a breakfast bar and refrigerator, catering to all your

    Lisa Marvel Tull Compass

    420 W 1st St Unit 217, Tempe, AZ 85281
  • /24

    $374,000

    • 2 Beds
    • 1 Bath
    • 640 Sq Ft

    1424 S Bonarden Ln, Tempe, AZ 85281

    This charming 2-bedroom, 1-bathroom home is an absolute gem, offering an unbeatable location just a short walk or scooter ride from ASU Main Campus. Situated in one of Tempe's most desirable neighborhoods, this property is not only close to everything you need, but it's also in a Designated Opportunity Zone, providing even more potential for future growth.The home features a spacious backyard

    Paul Aslaber HomeSmart

    1424 S Bonarden Ln, Tempe, AZ 85281
  • /31

    $549,900

    • 2 Beds
    • 2 Baths
    • 1,342 Sq Ft

    21 E 6th St Unit 412, Tempe, AZ 85281

    Great opportunity to own this LIVE/WORK 2 bedroom/2 bathroom (2 underground parking spots) with amazing 4th floor views to the south over ASU. Live in the heart of Downtown Tempe, walk, bike or shuttle everywhere. Perfect for Asu students/employees (walk or bike to class) or anyone who wants to experience Urban Living! *Remodeled with new wood plank floors and complete new kitchen with large

    Brian Ivener NextHome City to City

    21 E 6th St Unit 412, Tempe, AZ 85281
  • /44

    $1,050,000

    • 4 Beds
    • 4 Baths
    • 2,803 Sq Ft

    32 E 14th St, Tempe, AZ 85281

    Welcome to the highly sought after University Park neighborhood. Steps away from ASU, Gammage theater, and downtown Tempe. This home has been meticulously maintained, a perfect blend of historic charm and modern updates. Gorgeous flood irrigated lot with shady trees. Large guest house above the big 2 car garage, includes modern features and great views. Main house is 2205 sf, guest house is 598

    Hilary Sutter My Home Group Real Estate

    32 E 14th St, Tempe, AZ 85281
  • /62

    $4,625,000

    • 3 Beds
    • 3.5 Baths
    • 5,251 Sq Ft

    140 E Rio Salado Pkwy Unit 1205, Tempe, AZ 85281

    Discover the Pinnacle of Luxury Living at Tempe Town LakeWelcome to the Crown Jewel of Arizona's Luxury Real Estate—a stunning Penthouse on the 12th floor of the iconic Bridgeview Condominium. This is more than a home; it's a statement of elegance and exclusivity, offering the finest living experience in the valley.Unmatched Panoramic ViewsFrom sunrise to sunset, immerse yourself in breathtaking

    Laura Clounch Bridgeview Condominiums at Tempe Town Lake

    140 E Rio Salado Pkwy Unit 1205, Tempe, AZ 85281
  • /88

    $1,350,000

    • 3 Beds
    • 3 Baths
    • 2,633 Sq Ft

    14 E 14th St, Tempe, AZ 85281

    Entertainers Dream home, This California Style Classic Custom Home was built in 2011. OAK floors thru out, high tongue & groove ceilings, spacious open living area , beautiful custom cabinetry through out home. Custom Entertainment center, built in book shelves, high end appliances, Viking gas range. Stain glass, top of the line doors and hardware. Very well maintained home Huge Laundry room &

    Molly Dalton HomeSmart

    14 E 14th St, Tempe, AZ 85281
  • /35

    $10,995

    • 4,588 Sq Ft

    21 E 6th St Unit 110-112, Tempe, AZ 85281

    Work in the heart of Downtown Tempe in this timeless 4,588 sf, 2 story, corner Brownstone office at the Lofts at Orchidhouse. The space can be leased as only one 2,250 s.f. office, or two offices at 2,250 s.f. each, or combined at 4,588 s.f. Stunning bay windows and high ceilings enclose this office with warm wood flooring on the 1st floor. Formal Reception, Desk seating for up to 35 to 40,

    Tom Tokoph Urban Realty & Development, LLC

    21 E 6th St Unit 110-112, Tempe, AZ 85281
  • /8

    $2,653

    • 342,563 Sq Ft

    1135 E Apache Blvd Unit 103, Tempe, AZ 85281

    Street retail space located at the base of a new luxury Park Place apartment complex. Conveniently located less than a quarter mile from Arizona State University. Walking distance away from Arizona State University. High residential density and visibility. Foot and street traffic. Just steps to light rail station.

    Don Mortensen LRA Real Estate Group, LLC

    1135 E Apache Blvd Unit 103, Tempe, AZ 85281
  • /34

    $460,000

    • 1 Bed
    • 1 Bath
    • 1,264 Sq Ft

    120 E Rio Salado Pkwy Unit 201, Tempe, AZ 85281

    Experience Tempe Town Lake living to it's finest! This beautiful condo has everything you need with a gourmet kitchen and appliances including refrigerator, gas cooktop/oven, DW. Also includes W/D, fireplace, prewired for surround sound and an extra storage room in the garage! This is the largest one bedroom floorplan available in Edgewater with a large patio offer stunning views of Tempe Town

    Diana Watson HomeSmart

    120 E Rio Salado Pkwy Unit 201, Tempe, AZ 85281
  • /48

    $790,000

    1413 S Jentilly Ln, Tempe, AZ 85281

    BOTH UNITS are occupied w/lease for 1 year w/Tenant paying for utilities. Great Investment Property in the heart of Tempe! Walking distance to ASU and quick 202 freeway access. TRUE DUPLEX!! Two 2 bed, 1 bath units, individually metered; completely and beautifully updated. New Sewer lines all the way to the street. New Plumbing, New AC, & New Tankless Water Heaters. All New Windows and Doors.

    Fabiola Felix HomeSmart

    1413 S Jentilly Ln, Tempe, AZ 85281
  • /46

    $790,000

    1411 S Bonarden Ln, Tempe, AZ 85281

    BOTH UNITS are occupied w/lease for 1 year w/Tenant paying for utilities. Great Investment Property in the heart of Tempe! Walking distance to ASU and quick 202 freeway access. TRUE DUPLEX!! Two 2 bed, 1 bath units, individually metered (gas & electric); completely and beautifully updated. New Sewer lines all the way to the street. New Plumbing, New AC, & New Tankless Water Heaters. All New

    Fabiola Felix HomeSmart

    1411 S Bonarden Ln, Tempe, AZ 85281
  • /62

    $799,989

    1610 S College Ave, Tempe, AZ 85281

    This remodeled duplex property in Tempe! Upon arrival, you will be greeted with a well-kept landscape, a swaying shade tree, and a carport/covered patio! Walk into a great rooms inside, designed to maximize space for an airy feel. Offering wood-look floors, soothing paint, & recessed lighting. One living room showcases an accented fireplace, creating a warm & inviting atmosphere. Upgraded

    Ruby Threlkel DeLex Realty

    1610 S College Ave, Tempe, AZ 85281
  • /49

    $995,000

    • 3 Beds
    • 4 Baths
    • 2,000 Sq Ft

    1401 S Rita Ln, Tempe, AZ 85281

    Nidia Almonte Mendoza At Home Real Estate Arizona

    1401 S Rita Ln, Tempe, AZ 85281

Why Live in Downtown Tempe

Downtown Tempe, centered around University Drive and Mill Avenue, is a lively neighborhood with a mix of students, retirees, and long-term residents. Arizona State University is a major influence, leading to many rental properties available for students. Major employers like Honeywell and Carvana offer job opportunities, and the light rail system makes commuting easy. The neighborhood offers a variety of things to do, including outdoor activities at Tempe Town Lake and “A” Mountain, as well as cultural experiences at the Tempe Center for the Arts and the ASU Art Museum. Mill Avenue is a hub of entertainment with venues like the Valley Art Theater and the Low Key Piano Bar. Dining options include breakfast at Snooze and craft beers at Four Peaks Brewing Company. Residential streets feature single-family ranch-style homes, condos with Pueblo and Spanish eclectic elements, and luxury high-rise units with river views. Traffic can be heavy due to ASU's growth, but the light rail provides an efficient alternative. Sky Harbor International Airport is just four miles away. Despite the typical challenges of city living, the neighborhood's amenities and vibrant atmosphere attract a diverse range of residents.

Frequently Asked Questions

Is Downtown Tempe a good place to live?
Downtown Tempe is a good place to live. Downtown Tempe is considered fairly walkable and a biker's paradise with good transit options. Downtown Tempe is a suburban neighborhood. Downtown Tempe has 12 parks for recreational activities. It is somewhat dense in population with 8.6 people per acre and a median age of 26. The average household income is $59,751 which is below the national average. College graduates make up 61.7% of residents. A majority of residents in Downtown Tempe are renters, with 91.2% of residents renting and 8.8% of residents owning their home. A local real estate agent serving Downtown Tempe can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Tempe neighborhood guide.
Is Downtown Tempe, AZ a safe neighborhood?
Downtown Tempe, AZ is less safe than the average neighborhood in the United States. It received a crime score of 8 out of 10.
How much do you need to make to afford a house in Downtown Tempe?
The median home price in Downtown Tempe is $549,900. If you put a 20% down payment of $110,000 and had a 30-year fixed mortgage with an interest rate of 6.84%, your estimated principal and interest payment would be $2,880 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $123K a year to afford the median home price in Downtown Tempe. The average household income in Downtown Tempe is $60K.
What are the best public schools in Downtown Tempe?
The best public schools that serve Downtown Tempe are:
What are the best private schools in Downtown Tempe?
The best private schools that serve Downtown Tempe are:
What are the most popular zip codes in Downtown Tempe, Tempe, AZ?
The most popular zip codes in Downtown Tempe, Tempe, AZ include 85142, 85251, 85207, 85255 and 85268.
What are the most popular neighborhoods near Downtown Tempe, Tempe, AZ?
The most popular neighborhoods near Downtown Tempe, Tempe, AZ are Maple Ash, Mitchell Park East, Riverside, Mitchell Park West and Clark Park.
Are home prices dropping in Downtown Tempe?
Yes, home prices in Downtown Tempe are down 7% in the last 12 months.

Home Trends in Downtown Tempe, AZ

Housing Trends

Median Sale Price
$486,000
Median Single Family Sale Price
$582,450
Median Townhouse Sale Price
$567,000
Median 2 Bedroom Sale Price
$504,950
Median 1 Bedroom Sale Price
$441,500
Average Price Per Sq Ft
$405
Number of Homes for Sale
24
Last 12 months Home Sales
53
Months of Supply
5.40
Median List Price
$549,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
2%
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