7

Downtown Tempe Houses for Sale

Section Image
  • /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
  • /49

    $725,000

    • 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
  • /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
  • /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
  • /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
  • /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
  • /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

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.

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%
How to Buy a Home How to Finance a Home How to Sell a Home