Downtown Tempe Homes for Sale

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  $232,900

  • 2 Beds
  • 2 Baths
  • 838 Sq Ft

  330 S Beck Ave Unit 211, Tempe, AZ 85281

  2-bedroom, 2-bath condo on the 2nd floor near ASU! Features include new carpet, fresh interior paint, and a new hot water heater. Conveniently located near shopping, dining, and major freeways.

  

  Michelle Smith

  M and M Home group LLC

  (623) 286-3141

  330 S Beck Ave Unit 211, Tempe, AZ 85281
• Explore Downtown Tempe

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  /26

  $499,777

  • 4 Beds
  • 2 Baths
  • 1,498 Sq Ft

  1305 W 7th Place, Tempe, AZ 85281

  UNICORN ALERT! This one is a find! 4 bedroom, 2 bath home located on a quiet street so close to ASU, great restaurants, shopping, freeways and more. Single level home with a 2 car garage on a large lot with low maintenance desert landscaping. Updated kitchen with plenty of space and natural light, dual pane windows, this one has been well maintained by an owner occupant. The inside has been

  

  Nicholas Yale

  Brokers Hub Realty, LLC

  (844) 964-3689

  1305 W 7th Place, Tempe, AZ 85281
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  /33

  $509,900

  • 2 Beds
  • 2 Baths
  • 1,048 Sq Ft

  425 W Rio Salado Pkwy Unit 101, Tempe, AZ 85281

  Welcome to Tempe—where lifestyle meets location.This light-filled condo serves up an open, airy layout with tall ceilings, clean tile flooring, crown molding, and a vibe that's equal parts chill and functional.The kitchen keeps it sleek with granite counters and backsplash, matching appliances, and plenty of cabinet space. The primary suite features a spacious ensuite with dual vanities and

  

  Alexander Prewitt

  Real Broker

  (855) 508-3005

  425 W Rio Salado Pkwy Unit 101, Tempe, AZ 85281
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  /40

  $555,000

  • 2 Beds
  • 2.5 Baths
  • 1,461 Sq Ft

  520 S Roosevelt St Unit 1001, Tempe, AZ 85281

  ''Skye 15 Lofts'' is an architectural gem nestled in the Riverside-Sunset neighborhood just west of Mill Avenue in vibrant Downtown Tempe. Designed by Baldinger Studio, this spacious 2-bedroom, 2.5-bath loft showcases a distinctive modern aesthetic with open and inviting floor plans, exposed block construction, an open-riser steel staircase, and sleek European-style cabinetry of wood &

  Tom Tokoph Urban Realty & Development, LLC

  520 S Roosevelt St Unit 1001, Tempe, AZ 85281
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  /31

  $515,000

  • 1 Bed
  • 2 Baths
  • 1,525 Sq Ft

  21 E 6th St Unit 306, Tempe, AZ 85281

  This stylish loft at Orchidhouse features soaring 11-ft ceilings and abundant natural light from its third-floor windows. The gourmet kitchen includes a large island and ample cabinetry, ideal for cooking and entertaining. Custom low-voltage lighting and built-in cabinetry run throughout the loft, including a convenient Murphy bed.Currently configured as a spacious 1-bedroom, 2-bath, the

  Randi Weiss Desert Canyon Properties, LLC

  21 E 6th St Unit 306, Tempe, AZ 85281
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  /34

  $547,000 Open Sat 12PM - 3PM

  • 2 Beds
  • 3 Baths
  • 1,557 Sq Ft

  526 W 1st St Unit 106, Tempe, AZ 85281

  Ideally located in the heart of Tempe, 526 W 1st St, Suite 106 offers convenient urban living just steps from Tempe Town Lake and minutes from Mill Avenue, ASU and the light rail. The ground level features a flexible open space with access to the tandem two-car garage, ideal for a home office, studio or additional living area. The main floor offers hardwood flooring, an open living area and a

  Shannon Proffer Avenue 3 Realty, LLC

  526 W 1st St Unit 106, Tempe, AZ 85281
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  /36

  $540,000 Open Sat 11AM - 3PM

  • 2 Beds
  • 2.5 Baths
  • 1,370 Sq Ft

  525 W Lakeside Dr Unit 141, Tempe, AZ 85281

  Conveniently located Townhouse in the heart of Tempe, gated community features; tandem 2 car garage, balconies are pool view orientation, 2 bed 2.5 bath with tile floors, laminated hardwood in the rest of the property. Surround sound and security systems are prewired, open kitchen with granite countertop, master bedroom. The property has been freshly painted, ready to be enjoyed. Excellent

  Ernesto Amaro Realty ONE Group

  525 W Lakeside Dr Unit 141, Tempe, AZ 85281
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  /38

  $600,000

  • 4 Beds
  • 2 Baths
  • 2,611 Sq Ft

  1615 E Hudson Dr, Tempe, AZ 85281

  Seize an exceptional opportunity to own a versatile 4-bedroom, 2-bath home w/ brand new AC UNIT, in a highly desirable location just minutes from Arizona State University—making it ideal for owner-occupants, student housing, or long-term rental income.A charming curb appeal welcomes you with a 2-car garage, fenced front yard with natural grass, and a fragrant citrus tree that adds a touch of

  Stephen Horn Real Broker

  1615 E Hudson Dr, Tempe, AZ 85281
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  /34

  $459,900

  • 2 Beds
  • 2 Baths
  • 1,082 Sq Ft

  420 W 1st St Unit 214, Tempe, AZ 85281

  Location, Location, Location. Light, bright, and well-maintained 2BD/2BA condo with a private entrance from the unit's 1-car garage. The first level features a convenient laundry room just inside the garage entry. Upstairs, the spacious great room offers large windows and access to a private balcony, with custom shutters in the living room and primary bedroom. The kitchen includes abundant

  Jeff Dorsten JK Realty

  420 W 1st St Unit 214, Tempe, AZ 85281
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  /47

  $460,000

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

  120 E Rio Salado Pkwy Unit 406, Tempe, AZ 85281

  Luxury waterfront condominium located along Tempe Town Lake with mountain and city views. This spacious residence features an open concept floor plan with floor-to-ceiling windows, abundant natural light, and a seamless flow for entertaining. The kitchen offers granite countertops, rich cabinetry, modern appliances, and a large center island. The primary suite includes a spa-style bathroom with

  Marissa Diaz Real Broker

  120 E Rio Salado Pkwy Unit 406, Tempe, AZ 85281
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  /36

  $450,000

  • 2 Beds
  • 2 Baths
  • 1,034 Sq Ft

  154 W 5th St Unit 250, Tempe, AZ 85281

  High Demand Investor Opportunity at Hayden Square, steps from ASU's Tempe campus. This 2-bed, 2-bath condo offers a proven rental location in the heart of Downtown Tempe, ideal for steady student, faculty demand or corporate use. Bright open layout with vaulted ceilings, fireplace, stainless steel appliances, in-unit laundry, updated baths, and private patio. Easy walk to Mill Ave, light rail,

  Jonathan Budwig Realty ONE Group

  154 W 5th St Unit 250, Tempe, AZ 85281
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  $645,000

  • 2 Beds
  • 2 Baths
  • 1,600 Sq Ft

  140 E Rio Salado Pkwy Unit 509, Tempe, AZ 85281

  Welcome to Bridgeview - City Living at its finest. This premium elevated waterfront condo offers stunning views of Tempe Town Lake and the Four Peaks. Located in one of Tempe's most luxurious communities, this upgraded residence features a recently renovated chef's kitchen flowing into an open living area ideal for entertaining or relaxing. Enjoy Two private balconies overlooking the grassy

  Laura Clounch Bridgeview Condominiums at Tempe Town Lake

  140 E Rio Salado Pkwy Unit 509, Tempe, AZ 85281
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  /30

  $535,000 Open Sat 12PM - 2PM

  • 2 Beds
  • 2.5 Baths
  • 1,370 Sq Ft

  525 W Lakeside Dr Unit 125, Tempe, AZ 85281

  Stunning Gated Condo in the Heart of Tempe with Unmatched Views! Experience elevated urban living in this beautifully upgraded condo featuring breathtaking views in every direction. Enjoy wood flooring in all the right places, sleek stainless steel appliances, granite countertops, a custom backsplash, and stylish under-cabinet lighting that enhances the modern design.Step outside onto

  Robert Ferrari II Jason Mitchell Real Estate

  525 W Lakeside Dr Unit 125, Tempe, AZ 85281
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  /28

  $400,000

  • 2 Beds
  • 2 Baths
  • 1,034 Sq Ft

  154 W 5th St Unit 246, Tempe, AZ 85281

  Welcome to your dream townhouse in the sought-after Hayden Square complex! Perfectly situated in downtown Tempe, you'll be just a short stroll from vibrant Mill Ave and only minutes from Sky Harbor Airport. This beautifully remodeled, turn-key unit is ideal for ASU students, young professionals, or anyone seeking a convenient lock-and-leave lifestyle. With abundant natural light, new flooring, a

  Janelle Flaherty First Team Real Estate

  154 W 5th St Unit 246, Tempe, AZ 85281
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  /19

  $449,900

  • 3 Beds
  • 3 Baths
  • 1,218 Sq Ft

  754 S Beck Ave, Tempe, AZ 85281

  Positioned in the heart of Tempe, this rare 3-bedroom townhome offers the ideal balance of location, comfort, and everyday convenience. Just minutes from ASU, Mill Avenue, and some of the area's best dining, shopping, and entertainment, you're right where you want to be. Inside, the thoughtfully designed layout creates flexibility for a variety of living situations, with two primary suites

  Justin Bemis Real Broker AZ

  754 S Beck Ave, Tempe, AZ 85281
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  /16

  $514,900

  • 2 Beds
  • 2 Baths
  • 904 Sq Ft

  425 W Rio Salado Pkwy Unit 112, Tempe, AZ 85281

  Move in ready home with prime location and views. Recent updated kitchen, baths, quartz counters, stainless steel appliances, luxury vinyl plank, plantation shutters, paint and fixtures. Functional 2 bed/2 full bath floor plan has highly sought after attached direct entry garage with extra width for storage. Garage enters directly into a versatile basement flex space with laundry. Basement not

  Michael Lindberg Marsh Management & Real Estate

  425 W Rio Salado Pkwy Unit 112, Tempe, AZ 85281
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  /47

  $675,000

  • 1 Bed
  • 2 Baths
  • 1,708 Sq Ft

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

  Live large in luxury! This is Bridgeview's largest 1-bedroom + den residence—1,708 sq.ft. of sophisticated design paired with an extraordinary 810 sq.ft. patio for true indoor/outdoor living. Every detail impresses: custom built-ins, elegant wine/bar area, and open layout bathed in natural light. Enjoy 5-star amenities—heated pool/spa, state-of-the-art fitness with steam & sauna, club & media

  Laura Clounch Bridgeview Condominiums at Tempe Town Lake

  140 E Rio Salado Pkwy Unit 111, Tempe, AZ 85281
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  /24

  $599,000

  • 3 Beds
  • 4 Baths
  • 1,685 Sq Ft

  1418 S Newberry Ln, Tempe, AZ 85281

  AAA+++ Location - Prime ASU-Area. A SFD Property w/Great Income Potential.Discover this spacious & exceptionally well-maintained 3BD/3.5BA home, perfectly positioned just 1⁄4 mile from ASU campus, Downtown Tempe & steps from the Light Rail. An outstanding opportunity for owner-occupants, investors, or those seeking prime student housing.Interior Features:Tile flooring throughout main

  Matt McCormick Realty ONE Group

  1418 S Newberry Ln, Tempe, AZ 85281
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  /20

  $463,999

  • 1 Bed
  • 1.5 Baths
  • 1,282 Sq Ft

  140 E Rio Salado Pkwy Unit 411, Tempe, AZ 85281

  Experience elevated living in one of Tempe's most sought after waterfront communities. This beautifully designed single level residence blends modern style with comfort, offering stunning views of Tempe Town Lake and the surrounding mountains. Inside, you will find a spacious bedroom, one and a half baths, and a versatile den that works perfectly as a home office, media space, or guest area.

  Chris Dunham Brokers Hub Realty, LLC

  140 E Rio Salado Pkwy Unit 411, Tempe, AZ 85281
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  /41

  $475,000

  • 1 Bed
  • 2 Baths
  • 1,168 Sq Ft

  140 E Rio Salado Pkwy Unit 702, Tempe, AZ 85281

  The Most Upgraded and Tech-Forward 1BR+Den at Bridgeview, showcasing panoramic views of Tempe Town Lake, Camelback Mountain, and Papago Park. Located in Bridgeview's iconic concrete-and-glass tower with triple-pane windows, 24/7 front desk, gated parking, and climate-controlled storage, this residence delivers true lock-and-leave luxury. The newly refreshed kitchen features new cabinetry and

  Laura Clounch Bridgeview Condominiums at Tempe Town Lake

  140 E Rio Salado Pkwy Unit 702, Tempe, AZ 85281
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  /21

  $375,000

  • 2 Beds
  • 2 Baths
  • 1,120 Sq Ft

  122 S Hardy Dr Unit 50, Tempe, AZ 85281

  Great Tempe location within walking distance to ASU, Mill Avenue, Tempe Town Lake, and the new light rail. This remodeled end-unit overlooks the community pool and offers a functional floor plan featuring 2 bedrooms and 1.5 bathrooms. Enjoy the added privacy and natural light that comes with an end unit. Located next to luxury condominiums, this home offers exceptional value for buyers looking to

  Steele Mercer Citiea

  122 S Hardy Dr Unit 50, Tempe, AZ 85281
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  /16

  $635,000

  • 3 Beds
  • 2 Baths
  • 1,650 Sq Ft

  346 E Broadway Ln, Tempe, AZ 85282

  Beautifully remodeled gem of a home with 3 bedrooms, 2 bathrooms, and 2 den/flex rooms! This home has been recently remodeled and updated to an incredible modern standard with everything from flooring to kitchen and baths being less than 5 years old! Being situated in such a prime location near major freeways, and within walking distance of ASU is a dream come true for students and rental

  Nico Lopesio HomeSmart

  346 E Broadway Ln, Tempe, AZ 85282
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  /58

  $485,000

  • 2 Beds
  • 2 Baths
  • 1,082 Sq Ft

  435 W Rio Salado Pkwy Unit 204, Tempe, AZ 85281

  Beautifully positioned pool-view end unit in the gated Regatta Pointe community, just steps from Tempe Town Lake. This private corner location offers a walk-out patio/balcony overlooking the pool and interior courtyard.Inside, you'll find an open floor plan with split bedrooms for added privacy and ample natural light. The newly 2024 remodeled kitchen features modern finishes and new

  Anna Dickinson LPT Realty, LLC

  435 W Rio Salado Pkwy Unit 204, Tempe, AZ 85281
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  /15

  $575,000

  • 3 Beds
  • 2 Baths
  • 1,547 Sq Ft

  620 E Encanto Dr, Tempe, AZ 85281

  Prime investment opportunity in the heart of Tempe with no HOA, just minutes from ASU, Gammage Auditorium, Mill Avenue, and Tempe Town Lake. This fully updated single-story 3-bedroom, 2-bath home is ideal for student housing, short-term rental, or long-term income potential. Featuring a newer shingle roof, newer dual-pane windows, fresh interior and exterior paint, updated lighting and plumbing

  Patty LaBenske HomeSmart

  620 E Encanto Dr, Tempe, AZ 85281
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  /39

  $448,500

  • 2 Beds
  • 2 Baths
  • 1,180 Sq Ft

  420 W 1st St Unit 110, Tempe, AZ 85281

  Welcome to resort-style living in this beautifully appointed ground-floor condo located in a gated community. This two-bedroom, two-bathroom residence features a spacious, open-concept layout filled with natural light and tranquil pool views--ideal for both relaxing and entertaining. Enjoy the convenience of a private one-car garage with a large storage area. Community amenities include a

  Darin Proszek My Home Group Real Estate

  420 W 1st St Unit 110, Tempe, AZ 85281
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  /10

  $300,000

  • 2 Beds
  • 2 Baths
  • 751 Sq Ft

  1065 W 1st St Unit 103, Tempe, AZ 85281

  Incredible investor opportunity in the heart of Tempe's Waterfront District at River Run Condos. This unit features stacked laundry machines and an updated, peaceful back yard that does not border a busy road. Both bathroom vanities have been re-done within the past 3 years. Walking distance to Tempe Town Lake, Tempe Beach Park, the Center for the Arts and much more, this is a location that every

  Casey Thompson RETSY

  1065 W 1st St Unit 103, Tempe, AZ 85281
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  /6

  $1,649,500

  508 S Farmer Ave, Tempe, AZ 85281

  PRIME REDEVELOPMENT OPPORTUNITY IN DOWNTOWN TEMPE. SURROUNDED BY A COLLECTION OF HIGH-END COMMERCIAL/OFFICE DEVELOPMENTS, A BOUTIQUE HOTEL, AND TRENDY URBAN MULTI USE CONDOMINIUMS, THIS PROPERTY IS ONE OF THE LAST BEST INFILL LOCATIONS AVAILABLE FOR LONG TERM INVESTMENT GROWTH. THE 2 PARCELS ARE ALSO LOCATED IN TEMPE'S TRANSPORTATION OVERLAY DISTRICT, ALLOWING ADDITIONAL DEVELOPMENT OPTIONS NOT

  Ron Fedri HomeSmart

  508 S Farmer Ave, Tempe, AZ 85281
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  /17

  $1,795,000

  604 S Roosevelt St, Tempe, AZ 85281

  Located just steps from one of the Valley's busiest commuter routes and adjacent to the vibrantcampus of Arizona State University, Roosevelt Place (''the Property'') offers a differentiatedmultifamily opportunity highlighted by its refreshed exterior and high-end interior upgrades.Delivered in 1955, the asset is ideally situated to capture sustained demand generated by

  Adam Saylor Marcus & Millichap

  604 S Roosevelt St, Tempe, AZ 85281
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  /18

  $266,500

  • 2 Beds
  • 1 Bath
  • 840 Sq Ft

  700 W University Dr Unit 122, Tempe, AZ 85281

  Welcome to Your New Home in the Heart of Tempe! This beautifully updated 2-bedroom, 1-bath Ground level condo is located in the desirable Scene One Condominiums, a well-maintained community close to everything Tempe has to offer. Prime Location Less than 1 mile to Arizona State University, the light rail, Tempe Town Lake, and Mill Avenue's dining, shopping, and nightlife Convenient access to Loop

  Pawan Gulati HomeSmart

  700 W University Dr Unit 122, Tempe, AZ 85281
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  /33

  $394,900

  • 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
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  /8

  $440,000

  • 3 Beds
  • 1.5 Baths
  • 904 Sq Ft

  1622 E 12th St, Tempe, AZ 85281

  This Home has had a lot of Remodeling Done. Big Beautiful Grass Backyard. Newer Roof and New A/C is about 1 Year Old. Dual Pane Windows. All this and Close to ASU.

  Bill Runyan Realty ONE Group

  1622 E 12th St, Tempe, AZ 85281
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  /14

  $324,900

  • 2 Beds
  • 2 Baths
  • 897 Sq Ft

  1245 W 1st St Unit E219, Tempe, AZ 85281

  This beautifully reimagined condo has been completely transformed from the studs up, offering the perfect blend of modern design and high-quality craftsmanship. Every detail has been thoughtfully updated, including upgrades to the electrical, plumbing, and structural systems, ensuring peace of mind for years to come. The interior features a stylish, open-concept layout with contemporary finishes,

  Todd Runyan Bullseye Property Management, LLC

  1245 W 1st St Unit E219, Tempe, AZ 85281
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  /33

  $480,000

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

  1609 E Williams St, Tempe, AZ 85281

  Spring Opportunity! Just the right size 4 bedroom + 2 bath home on a beautiful, park-like, irrigated cul-de-sac lot. Feel cooler with grass and trees. Wood laminate flooring and custom concrete floors. Kitchen with quartz countertops, stainless appliances - gas range, refrigerator, dishwasher, breakfast bar, RO system. Two Full Baths. Office/Den overlooking backyard. Fabulous backyard with

  Mary Ann Kinsman Realty Executives Arizona Territory

  1609 E Williams St, Tempe, AZ 85281
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  /62

  $4,595,000

  • 3 Beds
  • 4 Baths
  • 5,186 Sq Ft

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

  Soar where the eagles fly--atop Tempe Town Lake's most exclusive residence, Bridgeview Condominiums. Spacious 12th-floor penthouse redefines Arizona luxury with 5,186 sq ft of sophisticated design and breathtaking lake, mountain, and skyline views. Three ensuite retreats, a chef's kitchen with Sub-Zero, Wolf & Miele appliances, and expansive private terraces create the ultimate indoor-outdoor

  Laura Clounch Bridgeview Condominiums at Tempe Town Lake

  140 E Rio Salado Pkwy Unit 1205, Tempe, AZ 85281
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  /23

  $419,900

  • 3 Beds
  • 1 Bath
  • 912 Sq Ft

  1064 W 5th St, Tempe, AZ 85281

  Seller financing available. Charming brick home in a prime Tempe location just 1 mile from Arizona State University and minutes from Tempe Town Lake. Potential exists to expand the square footage on side and backyard. Adding additional room/bath/or casita. Perfect setup for AIRBNB or student housing. Convenient access to the Loop 202 makes commuting around the Valley easy. This property features

  Eric Saul Your Home and Future, LLC

  1064 W 5th St, Tempe, AZ 85281
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  /12

  $170,000

  • 1 Bed
  • 1 Bath
  • 585 Sq Ft

  1065 W 1st St Unit 109, Tempe, AZ 85281

  Scott Taylor Keller Williams, Professional Partners

  1065 W 1st St Unit 109, Tempe, AZ 85281
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  /56

  $1,000,000

  • 2 Beds
  • 2.5 Baths
  • 2,320 Sq Ft

  140 E Rio Salado Pkwy Unit 610, Tempe, AZ 85281

  Experience the pinnacle of lakeside luxury at Bridgeview. This stunning, remodeled home boasts an impressive floorplan, with its emphasis on functionality, privacy and views. The two master suites are separated by the living space, with the additional large office providing a light-filled space to work. Each bedroom has its own bathroom that incorporates a spacious vanity, with a soaking tub and

  Robert Cohen eXp Realty

  140 E Rio Salado Pkwy Unit 610, Tempe, AZ 85281
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  /37

  $1,450,000

  1229 E Spence Ave, Tempe, AZ 85281

  Rare opportunity to purchase a R-4 (High Density) zoned multi family land and homes with frontage on Spence Ave in the heart of ASU campus. Listing included two residential houses, next to each out, zoned for high density multifamily. Nestled in a robust infill Arizona State location, this property is a beacon for savvy investors seeking unparalleled opportunities. Walk to Campus. Unmatched

  Jason Miszuk Realty ONE Group

  1229 E Spence Ave, Tempe, AZ 85281
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  /19

  $319,000 Open Sat 10AM - 12PM

  • 2 Beds
  • 1.5 Baths
  • 1,120 Sq Ft

  122 S Hardy Dr Unit 40, Tempe, AZ 85281

  HIGH-DEMAND TEMPE LOCATION WITH STRONG RENTAL APPEAL! Charming impeccably maintained 2 bed, 2 bath condo at the end of a desirable tree-lined street--just minutes from ASU, Tempe Town Lake, Tempe Marketplace and Freeway access. Major updates already done: NEW A/C, NEW roof, NEW flooring, NEW interior paint, and NEW refrigerator--reducing future expenses and increasing value. Ideal for

  Sheri Jones Jason Mitchell Real Estate

  122 S Hardy Dr Unit 40, Tempe, AZ 85281
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  /2

  $845,000

  401 W 5th St, Tempe, AZ 85281

  PRIME PROPERTY LOCATED WITHIN TEMPE'S TRANSPORTATION OVERLAY DISTRICT. SURROUNDED BY A HIGH END COLLECTION OF OFFICE/COMMERCIAL DEVELOPMENTS, A BOUTIQUE HOTEL, AND TRENDY CONDOMINIUMS. THE PROPERTY IS ALSO INTERCONNECTED TO MULTIPLE TRANSPORTATION NETWORKS INCLUDING THE VALLEY LIGHT RAIL, AND TEMPE'S OWN STREET CAR SERVICE. THE EXISTING UNITS ARE 100% OCCUPIED WITH IMMEDIATE CASH FLOW ALLOWING

  Ron Fedri HomeSmart

  401 W 5th St, Tempe, AZ 85281

Showing Results 1 - 40, Page 1 of 2

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 on the area's population, leading to many rental properties being leased out to students. Residential streets feature single-family ranch-style homes, condos with Pueblo and Spanish eclectic elements and luxury high-rise units with river views. 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. For work, major employers like Honeywell and Carvana offer job opportunities. Commuting by car can be tough since traffic has risen due to ASU's growth, but the light rail provides an efficient alternative.

Learn more about living in Downtown Tempe

Frequently Asked Questions

Is Downtown Tempe a good place to live?

Downtown Tempe is a good place to live. Downtown Tempe is considered somewhat walkable and very bikeable with great transit options. Downtown Tempe is a suburban neighborhood. Downtown Tempe has 12 parks for recreational activities. It is fairly dense in population with 11.6 people per acre and a median age of 28. The average household income is $67,331 which is below the national average. College graduates make up 58.1% of residents. A majority of residents in Downtown Tempe are renters, with 90.9% of residents renting and 9.1% 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 6 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 $474,950. If you put a 20% down payment of $95,000 and had a 30-year fixed mortgage with an interest rate of 6.38%, your estimated principal and interest payment would be $2,370 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $102K a year to afford the median home price in Downtown Tempe. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Downtown Tempe is $67K.

What are the best public schools in Downtown Tempe?

The best public schools that serve Downtown Tempe are:

• McClintock High School has a B+ Niche grade, a student teacher ratio of 20:1 and an average review score of 3.8.
• Broadmor Elementary School has a B+ Niche grade and a student teacher ratio of 19:1.
• Connolly Middle School has a B- Niche grade and a student teacher ratio of 14:1.

What are the best private schools in Downtown Tempe?

The best private schools that serve Downtown Tempe are:

• Emmanuel Lutheran School has an A+ Niche grade and a student teacher ratio of 16:1.
• Our Lady Of Mount Carmel School has an A Niche grade, a student teacher ratio of 18:1 and an average review score of 5.0.
• Grace Christian Academy has an A Niche grade, a student teacher ratio of 12:1 and an average review score of 4.8.

What are the most popular zip codes in Downtown Tempe, Tempe, AZ?

The most popular zip codes in Downtown Tempe, Tempe, AZ include 85281, 85282, 85288, 85257 and 85008.

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, Clark Park, Marilyn Ann and Alameda.

Are home prices dropping in Downtown Tempe?

Yes, home prices in Downtown Tempe are down 10% in the last 12 months.

Home Trends in Downtown Tempe, AZ

On average, homes in Downtown Tempe, Tempe sell after 70 days on the market compared to the national average of 55 days. The median sale price for homes in Downtown Tempe, Tempe over the last 12 months is $453,750, down 6% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$453,750

Median Single Family Sale Price

$507,500

Median Townhouse Sale Price

$532,000

Median 2 Bedroom Sale Price

$450,500

Median 1 Bedroom Sale Price

$405,000

Average Price Per Sq Ft

$377

Number of Homes for Sale

59

Last 12 months Home Sales

92

Months of Supply

7.70

Median List Price

$474,950

Median Change From 1st List Price

4%

Median Home Sale Price YoY Change

-6%