27

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
  • /49

    $735,000

    • 2 Beds
    • 2 Baths
    • 1,607 Sq Ft

    120 E Rio Salado Pkwy Unit 305, Tempe, AZ 85281

    Resort style, posh condo living awaits! Located in the heart of Tempe, alongside Tempe Town Lake, this stunning 2 bed/2 bath condo is luxury at its finest. Enjoy the stunning views of Mill Avenue Bridge, Tempe Town Lake, Papago Park & twinkling city lights from your floor to ceiling windows or 1 of 2 balconies. Remodeled w/the highest quality finishes, this condo will not disappoint. HOA covers

    Dawn Matesi Locality Real Estate

    120 E Rio Salado Pkwy Unit 305, 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

    Laura Clounch Bridgeview Condominiums at Tempe Town Lake

    140 E Rio Salado Pkwy Unit 1006, Tempe, AZ 85281
  • /34

    $785,000

    • 2 Beds
    • 2 Baths
    • 1,817 Sq Ft

    140 E Rio Salado Pkwy Unit 512, Tempe, AZ 85281

    SELLER OFFERING $10,000 CONCESSION AT CLOSE OF ESCROW FOR RATE BUY DOWN OR CLOSING COSTS. Beautiful 2 bed / 2 bath condo in a full-amenity building right on Tempe Town Lake. Enjoy breathtaking mountain and water views from this ideal lock-and-leave residence, just minutes from ASU, Sun Devil Stadium, Mill Avenue, shopping, dining, and entertainment. Open-concept floor plan with spacious living

    Shari Hilton Compass

    140 E Rio Salado Pkwy Unit 512, Tempe, AZ 85281
  • /33

    $529,000

    • 4 Beds
    • 2 Baths
    • 1,568 Sq Ft

    1127 S Una Ave, Tempe, AZ 85281

    Modernized Mid-Century Gem Near ASU | RV Gate | Pool-Ready Yard | Oversized LotStep into one of Tempe's most sought-after neighborhoods! This classic 4-bedroom + den, 13⁄4-bath Borden-built brick home (c. 1948) blends vintage charm with modern updates. With 1,600+ sq ft of living space on a sizable lot anchored by fruit trees and a deep covered patio—including RV

    Michael Vallee Real Broker

    1127 S Una Ave, Tempe, AZ 85281
  • /30

    $519,000

    • 1 Bed
    • 1 Bath
    • 1,342 Sq Ft

    21 E 6th St Unit 616, Tempe, AZ 85281

    Welcome to one of the most unique residences at the iconic Orchidhouse Lofts—a fully remodeled 1-bedroom + loft with soaring ceilings and floor-to-ceiling windows framing views of A Mountain, Camelback, Papago, and the flight paths of Sky Harbor.Positioned on the 6th floor, this updated condo blends contemporary design with urban character, featuring brick, concrete ceilings, wood floors,

    Bekkah Herman Russ Lyon Sotheby's International Realty

    21 E 6th St Unit 616, Tempe, AZ 85281
  • /49

    $750,000

    • 3 Beds
    • 2.5 Baths
    • 1,600 Sq Ft

    100 E Encanto Dr, Tempe, AZ 85281

    Highly sought-after University Estates location-- Less than1 mile to ASU, and less than that to ASU Gammage. This updated 3 bed, 2.5 bath home features recently painted interior & exterior, updated roof, updated kitchen with island & island bar seating, pot filler and recessed lighting. Flooring updated throughout. Primary suite includes renovated bathroom with large walk-in shower, & tub.

    Aron Johnson Russ Lyon Sotheby's International Realty

    100 E Encanto Dr, Tempe, AZ 85281
  • /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 Russ Lyon Sotheby's International Realty

    154 W 5th St Unit 246, Tempe, AZ 85281
  • /73

    $1,095,000

    • 2 Beds
    • 2.5 Baths
    • 1,840 Sq Ft

    120 E Rio Salado Pkwy Unit 102, Tempe, AZ 85281

    Lakefront Luxury Living at its finest! Edgewater at Hayden Ferry Lakeside #102 offers one of the largest patios in the building just a few steps away from Tempe Town Lake and the Swimming Pool. This Furnished Unit also offers 2 Large Bedrooms and 2.5 Bathrooms and additional Storage Space steps from your Premium Parking Spaces. Step into this elegant condo and be greeted by the open floor plan

    Laura Wals Call Realty, Inc.

    120 E Rio Salado Pkwy Unit 102, Tempe, AZ 85281
  • /24

    $232,000

    • 1 Bed
    • 1 Bath
    • 631 Sq Ft

    1111 E University Dr Unit 224, Tempe, AZ 85281

    This beautifully updated condo is the perfect blend of style and convenience! Featuring fresh paint, wood-look tile flooring throughout, granite countertops, and brand-new stainless steel range and microwave. The kitchen also includes a stainless steel refrigerator and in-unit washer/dryer for added ease. Enjoy your own private balcony, covered parking, and generous storage space. Located just

    Lisa Dixon HomeSmart

    1111 E University Dr Unit 224, Tempe, AZ 85281
  • /52

    $519,000

    • 3 Beds
    • 2 Baths
    • 1,290 Sq Ft

    1006 S Una Ave, Tempe, AZ 85281

    Step into timeless charm in the heart of Tempe! Nestled in the Borden Homes Historic District, this home perfectly blends character, comfort, and convenience. Situated on a picturesque corner lot, this abode immediately welcomes you with its undeniable curb appeal and inviting presence. As you step inside, you'll be greeted by a warm and spacious living room that effortlessly flows into the

    Katie Rosenquist HomeSmart

    1006 S Una Ave, Tempe, AZ 85281
  • /26

    $425,000

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

    154 W 5th St Unit 210, Tempe, AZ 85281

    Fantastic opportunity to own this charming 2-bedroom townhome in Hayden Square! Discover a cozy living/dining room with vaulted ceilings, a soothing palette, classic plantation shutters, soft carpeting, and an inviting fireplace for cozy evenings. The well-appointed kitchen comes with granite counters, wood shaker cabinetry, a laundry closet, a serving window, and sleek SS appliances for a

    Kimberly DeArmond Real Broker

    154 W 5th St Unit 210, 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

    *One parking spot conveys with condo and one available by separate bill of sale.* 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

    Maria Boetger HomeSmart

    140 E Rio Salado Pkwy Unit 402, Tempe, AZ 85281
  • /33

    $409,000

    • 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

    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 Arizona Territory

    435 W Rio Salado Pkwy Unit 210, Tempe, AZ 85281
  • /30

    $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 Now 100% vacant. Owner will deliver vacant or re-leased. 10% 2nd position carry or low LTV/market rate carry possible. Located in an opportunity zone with 1000's of new units in process. Very low expenses w/ separate, tenant-paid electric/gas.

    James Stephens Better Homes & Gardens Real Estate SJ Fowler

    1440 S Stanley Place, Tempe, AZ 85281
  • /19

    $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. $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. Now vacant. Close to a 7 CAP with low owner expenses historically. Available individually or as part of a package of

    James Stephens Better Homes & Gardens Real Estate SJ Fowler

    1432 S Stanley Place, Tempe, AZ 85281
  • /36

    $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. Located in an opportunity zone with 1000's of new units in process. Now Vacant. Owner willing to deliver vacant or re-leased. Twin adjacent property is 1428 S Stanley (MLS 6855518). Sold together as eight units or buy the full package of 15 units (see MLS

    James Stephens Better Homes & Gardens Real Estate SJ Fowler

    1424 S Stanley Place, Tempe, AZ 85281
  • /35

    $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. Now 100% vacant. Owner can deliver vacant or re-leased. Located in an opportunity zone with 1000's of new units in process. Very low expenses w/ separate, tenant-paid electric/gas. Twin adjacent property is 1424 S Stanley (MLS 6855520). Available as a package of eight units or the

    James Stephens Better Homes & Gardens Real Estate SJ Fowler

    1428 S Stanley Place, Tempe, AZ 85281
  • /58

    $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. Now 100% vacant. Owner will deliver vacant or re-leased. 10% 2nd position carry or low LTV/market rate carry possible. 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

    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

    $364,000

    • 2 Beds
    • 1 Bath
    • 640 Sq Ft

    1424 S Bonarden Ln, Tempe, AZ 85281

    Just reduced & priced to sell. 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

    Paul Aslaber HomeSmart

    1424 S Bonarden Ln, 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
  • /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 $639,000. If you put a 20% down payment of $127,800 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $3,310 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $142K 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 85281, 85288, 85282, 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, Riverside, Marilyn Ann and Alameda.
Are home prices dropping in Downtown Tempe?
Yes, home prices in Downtown Tempe are down 16% in the last 12 months.

Home Trends in Downtown Tempe, AZ

Housing Trends

Median Sale Price
$639,000
Median Single Family Sale Price
$639,000
Median Townhouse Sale Price
$722,500
Median 2 Bedroom Sale Price
$120,000
Average Price Per Sq Ft
$280
Number of Homes for Sale
4
Last 12 months Home Sales
264
Months of Supply
0.20
Median List Price
$639,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
16%
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