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Investment - Homes for Sale in Tempe, AZ

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  • /2

    $1,000,000

    522 W Howe St, Tempe, AZ 85281

    TWO DUPLEX BUILDINGS. ALL 4 UNITS ARE 1-BEDROOM, 1-BATH. INVESTMENT OPPORTUNITY CLOSE TO ASU! **DRIVE BY ONLY** **DO NOT DISTURB TENANTS** **VIEWING ONLY AFTER ACCEPTED CONTRACT**

    Agent Photo

    Mike Mendoza

    Keller Williams Realty Sonoran Living

    (844) 407-5592

    522 W Howe St, Tempe, AZ 85281
  • /24

    $240,000

    • 2 Beds
    • 1 Bath
    • 840 Sq Ft

    700 W University Dr Unit 206, Tempe, AZ 85281

    Welcome to your new home in the heart of Tempe! This rarely available 2-bedroom, 1-bath upstairs unit is nestled in the Scene One Condominiums, a well-maintained community known for its proximity to everything Tempe has to offer. Less than a mile from Arizona State University, the light rail, Tempe Town Lake, and Mill Avenue's dining, shopping, and nightlife, this location offers

    Agent Photo

    Josiah Miller

    West USA Realty

    (602) 610-6299

    700 W University Dr Unit 206, Tempe, AZ 85281
  • /35

    $470,000

    • 2 Beds
    • 2 Baths
    • 1,242 Sq Ft

    1658 N Sierra Vista Dr, Tempe, AZ 85281

    Move-in ready townhome just minutes from Papago Park, ASU, Tempe Town Lake, and Old Town Scottsdale. Featuring fresh updates, 2 spacious bedrooms, 2 baths, 2 car garage and a private patio, this home offers low-maintenance living in a prime location. Perfect as a first home or investment!

    Matthew Martinez DenMar Realty

    1658 N Sierra Vista Dr, Tempe, AZ 85281
  • /31

    $539,500

    • 3 Beds
    • 2 Baths
    • 1,629 Sq Ft

    1644 E Broadmor Dr, Tempe, AZ 85282

    Beautifully Remodeled Home in Prime Tempe Location!Welcome to 1644 E Broadmor Dr — a beautifully updated home located in the heart of Tempe with quick access to all four major freeways. Step inside to find a bright, open floor plan filled with natural light and modern finishes throughout.Enjoy stylish gray plank tile flooring in the main living areas and a fully renovated kitchen

    Jim Elfline Keyrenter Premier Property Management

    1644 E Broadmor Dr, Tempe, AZ 85282
  • /14

    $599,000

    • 6 Beds
    • 3 Baths
    • 2,302 Sq Ft

    1281 E Hermosa Dr, Tempe, AZ 85282

    Amazing opportunity for investors. 6 Bedroom 3 Bath home in Tempe with lease in place through 7/31/2026. Have a student at ASU? Looking for a good investment property? This is it. Rare 6 bed, 3 Full bath home with a pool in a great location in Tempe. Plenty of parking and tons of upgrades. No carpet for easy turnovers, lots of upgrades including a newer roof and 2 AC units for separate

    Heath Schollenberger KRK Realty, Incorporated

    1281 E Hermosa Dr, Tempe, AZ 85282
  • /17

    $544,900

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

    1427 S Terrace Rd, Tempe, AZ 85281

    Spacious 3-Bedroom 3.5-Bath Home Near ASU - Prime Investment Opportunity! Welcome to this beautifully maintained 3-bedroom, 3.5-bathroom home located just 1/4 mile from ASU and within close proximity to the light rail - an ideal location for students, professionals, or savvy investors. Inside, the home boasts tile flooring in the main living areas and plush carpeting in each bedroom for added

    Fady Abuhmaidan Urban and Company

    1427 S Terrace Rd, Tempe, AZ 85281
  • /23

    $585,000

    • 2 Beds
    • 2.5 Baths
    • 1,757 Sq Ft

    606 S Wilson St, Tempe, AZ 85281

    Rare opportunity to own a distinctive brownstone-style townhome in the heart of Tempe! With 1,750 sq ft of multi-level living space, this 2-bedroom, 2.5-bath residence offers the perfect blend of charm, function, and location—ideal for students, professionals, or savvy investors.Enjoy soaring ceilings, an open and airy layout, and a thoughtfully designed floor plan that's perfect for

    Sarah Hare Real Broker

    606 S Wilson St, Tempe, AZ 85281
  • /34

    $599,000

    • 3 Beds
    • 2 Baths
    • 1,646 Sq Ft

    901 W Parkway Blvd, Tempe, AZ 85281

    This charming property boasts a spacious home +Detached Mother In Law Suite + bonus room with exterior entrance. With no HOA restrictions, providing added freedom and flexibility to live and rent the way you want. Located just minutes from Arizona State University. this move in ready home offers a fantastic location for students, faculty, or anyone looking to be near campus. With its prime

    Andrew McGuire ProSmart Realty

    901 W Parkway Blvd, Tempe, AZ 85281
  • /48

    $675,000

    • 6 Beds
    • 2.5 Baths
    • 2,565 Sq Ft

    310 E Fremont Dr, Tempe, AZ 85282

    Rare 6-Bedroom Home Near ASU - Turnkey Investment! It's not easy to find a 6-bed property this close to ASU, especially one that's been updated and has a strong rental history. Previous tenants were paying $1k per bedroom, making this a great option for investors looking for cash flow. Upgrades include: Remodeled kitchen, new flooring, new underground plumbing, newer vinyl windows, and

    Lauren Ratzken Two Brothers Realty & Co

    310 E Fremont Dr, Tempe, AZ 85282
  • /31

    $560,000

    • 5 Beds
    • 3 Baths
    • 2,086 Sq Ft

    1533 W 7th St, Tempe, AZ 85281

    Fully Remodeled 5 bedroom, 3 full bathroom single level house near ASU. Great investment or short-term rental property with NO HOA. Tiles thru-out entire house w new cabinets, Quartz Countertops, new kitchen appliances and newly remodeled bathrooms. Must see!

    Joyce Tang HomeSmart

    1533 W 7th St, Tempe, AZ 85281
  • /2

    $429,000

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

    2108 E Dunbar Dr, Tempe, AZ 85282

    Nestled in a prime Tempe location, this inviting two-story townhome offers the perfect blend of space, convenience, and opportunity. Designed for both comfortable living and effortless entertaining, it features generously sized rooms and a well-planned layout. The surrounding area only adds to its appeal, with easy access to the 101 freeway, major roads, shopping centers, and an array of

    Madeline Bright Midland Real Estate Alliance

    2108 E Dunbar Dr, Tempe, AZ 85282
  • /2

    $374,000

    • 3 Beds
    • 2 Baths
    • 1,565 Sq Ft

    2145 E Donner Dr, Tempe, AZ 85282

    This cozy townhouse is located in Continental Villas of Tempe. Just off the 101 for convenient access to everything the area has to offer. The spacious master bedroom upstairs includes a 3/4 bath and a private walkout balcony, perfect for relaxing. The home also boasts a charming courtyard-style backyard with a storage shed and a carport that fits two vehicles. Enjoy all the community amenities,

    Madeline Bright Midland Real Estate Alliance

    2145 E Donner Dr, Tempe, AZ 85282
  • /2

    $389,000

    • 4 Beds
    • 2.5 Baths
    • 1,704 Sq Ft

    1631 E Logan Dr, Tempe, AZ 85282

    Located in Tempe's desirable Park Riviera community, this beautifully updated two-story townhome offers the perfect blend of space, style, and convenience. With a fantastic layout and generously sized bedrooms, there's plenty of room to relax and make yourself at home. Recent 2024 updates bring a fresh feel, including upgraded appliances, refreshed interior paint, tile flooring, updated outlets,

    Madeline Bright Midland Real Estate Alliance

    1631 E Logan Dr, Tempe, AZ 85282
  • /2

    $389,000

    • 3 Beds
    • 2.5 Baths
    • 1,704 Sq Ft

    1706 E Dunbar Dr, Tempe, AZ 85282

    Located in Tempe's Park Riviera community, this cozy two-story townhome offers the perfect mix of space, comfort, and convenience. With a fantastic layout and generously sized bedrooms, this home provides plenty of room to relax and unwind. The covered patio extends your living space outdoors, creating the perfect spot to enjoy your morning coffee or entertain guests. Situated in a prime location

    Madeline Bright Midland Real Estate Alliance

    1706 E Dunbar Dr, Tempe, AZ 85282
  • /30

    $525,000

    • 3 Beds
    • 2 Baths
    • 1,521 Sq Ft

    1102 E Redondo Cir, Tempe, AZ 85282

    Amazing Tempe Location! 3 bed 2 bath home on a corner, cul-de-sac lot! RV gate and 2 car garage! NO HOA! Inside you will find updated bathrooms, good sized bedrooms, two great living spaces, kitchen with stainless steel appliances. The back yard looks out to the large private diving pool and also has a side gated area great for pets, recreation, or storage. The other side yard also has storage

    Lori Cowin Fathom Realty Elite

    1102 E Redondo Cir, Tempe, AZ 85282
  • /22

    $255,000 Open Sat 10AM - 1PM

    • 3 Beds
    • 2 Baths
    • 1,152 Sq Ft

    1639 W Village Way, Tempe, AZ 85282

    Attention Students, Homeowners and Investors! This is just a few miles from Arizona State University!! This home features tile floors on the main floor and new wood look flooring upstairs. Enjoy the newer kitchen and bathrooms, providing a modern and low-maintenance living environment. Huge Stainless Sink with pull down faucet, Raised Panel Oak Cabinets and more! Front and back courtyards fenced

    Michael Olberding Realty ONE Group

    1639 W Village Way, Tempe, AZ 85282
  • /46

    $729,000

    • 4 Beds
    • 3 Baths
    • 1,890 Sq Ft

    1261 E Riviera Dr, Tempe, AZ 85282

    Step into a reimagined 1965 classic treasure at 1261 E Riviera Dr, where vintage charm meets 2025 sophistication in a flawless upscale renovation. This single-story sanctuary boasts a clever split floor plan with a true master suite—ideal for families, multi-gen living, investors, or savvy ASU student house-hackers. Whisper ''wow'' at every turn: Gleaming luxury flooring flows underfoot, while

    Brandie Freese AZ Marketplace Realty

    1261 E Riviera Dr, Tempe, AZ 85282
  • /32

    $299,000

    • 2 Beds
    • 2 Baths
    • 989 Sq Ft

    2333 E Southern Ave Unit 2067, Tempe, AZ 85282

    Fully Upgraded 2-Bed, 2-Bath Condo in Prime Tempe LocationPerfectly situated near ASU and the vibrant heart of downtown Tempe, this beautifully updated condo offers the best of both worlds - easy access to the 101, restaurants, shopping, and entertainment, yet tucked in a quiet, well-kept community.Step inside to find a thoughtfully upgraded interior featuring modern finishes, a

    Heather Deason eXp Realty

    2333 E Southern Ave Unit 2067, Tempe, AZ 85282
  • /23

    $2,650,000

    626 S Wilson St, Tempe, AZ 85281

    Venture on Wilson is a fully renovated, 12-unit garden-style community ideally located in the heart of Tempe, just blocks from Mill Avenue, Tempe Beach Park, and the ASU campus. Originally constructed in 1960 and extensively updated in 2019, the property blends timeless architecture with thoughtful upgrades tailored to today's urban renter. The community features a desirable unit mix of (10)

    David Arustamian Russ Lyon Sotheby's International Realty

    626 S Wilson St, Tempe, AZ 85281
  • /25

    $349,900

    • 3 Beds
    • 2 Baths
    • 1,036 Sq Ft

    2129 E Kirkland Ln Unit 1, Tempe, AZ 85281

    Discover this charming single-level 3-bedroom, 2-bath townhome in the sought-after University Ranch community. The open floor plan features a bright living area, a spacious kitchen with ample storage, and a private patio perfect for relaxing or entertaining. The primary suite includes a spacious closet and en-suite bath. Enjoy the convenience of an interior laundry area and assigned parking.

    Chris Smith Home America Realty

    2129 E Kirkland Ln Unit 1, Tempe, AZ 85281
  • /21

    $335,000

    • 2 Beds
    • 1.5 Baths
    • 888 Sq Ft

    3009 S Clementine Dr, Tempe, AZ 85282

    Great Location! Welcome to this well kept open concept 2 bedroom 1.5 bath home. This home has tile throughout, new windows throughout, newer AC unit, new water heater, kitchen has a island and comes equip with appliances. The large backyard has a shed. Nearby to schools, shopping and freeways. Perfect starter or investment home. Come tour it today!

    Jason Ngo HomeSmart

    3009 S Clementine Dr, Tempe, AZ 85282
  • /10

    $550,000

    920 S Kenwood Cir, Tempe, AZ 85281

    Sunrise at Kenwood | Duplex Investment Opportunity in a Prime Tempe LocationThis well-maintained property features two spacious 2-bedroom, 1-bathroom units—each approximately 672 square feet—with huge pie shaped private backyards, with each having carport parking, and long-term tenancy in place.Investment Highlights:Both units are currently rented below market rates,

    Sophia Baron Grace CRE

    920 S Kenwood Cir, Tempe, AZ 85281
  • /24

    $232,000

    • 1 Bed
    • 1 Bath
    • 631 Sq Ft

    1111 E University Dr Unit 224, Tempe, AZ 85281

    Back on the market. Buyer could not perform. 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

    Lisa Dixon HomeSmart

    1111 E University Dr Unit 224, Tempe, AZ 85281
  • /6

    $630,000

    1519 W 7th Place, Tempe, AZ 85281

    Great investment opportunity with this Tempe Triplex near ASU, located near Priest & University. This property has two large 2 bed/1 bath units, and one unit that is 3 bed/2 bath. Property is on a large lot. All units are individually metered for gas & electric, plus there is a shared laundry room. ** Do not disturb tenants**

    David Evans Jr Realty ONE Group

    1519 W 7th Place, Tempe, AZ 85281
  • /5

    $580,000

    1513 W 7th Place, Tempe, AZ 85281

    Great investment opportunity with this Tempe Triplex by ASU, located near Priest & University. All are spacious 2 Bed/1 Bath units & the property is on a large lot. Units are individually metered for gas & electric, plus there is a shared laundry room. **Do not disturb tenants**

    David Evans Jr Realty ONE Group

    1513 W 7th Place, Tempe, AZ 85281
  • /30

    $45,000

    • 4 Beds
    • 2 Baths
    • 1,500 Sq Ft

    400 W Baseline Rd Unit 201, Tempe, AZ 85283

    CALLING ALL INVESTORS! Large lot 4 bedrooms and 2 bathrooms. Investment opportunity. SOLD AS-IS. Investor Opportunity!!! has TONS of potential, it is in a great LOCATION! Community amenities include 2 pools, playground, basketball & sand volleyball courts, clubhouse, & nearby bus stops. Ideally located near I-10, Hwy 60, Arizona Mills shopping mall, The Cloud at Kiwanis Park & wide variety of

    Patricia Guzman Equity Realty Group, LLC

    400 W Baseline Rd Unit 201, Tempe, AZ 85283
  • /28

    $320,000

    • 2 Beds
    • 2 Baths
    • 1,083 Sq Ft

    2134 E Broadway Rd Unit 1046, Tempe, AZ 85282

    Conveniently located near ARIZONA STATE UNIVERSITY this 2 bedroom, 2 bathroom townhouse is completely updated with all stainless-steel appliances in the kitchen. Washer, new in 2023, and Dryer are included. Lots of other upgrades throughout including canned lighting, new blinds and fresh paint in 2024. Outlets, switches and switch plates were all replaced in 2024 and new carpet in 2023. This

    Dawn Bunch eXp Realty

    2134 E Broadway Rd Unit 1046, Tempe, AZ 85282
  • /26

    $485,000

    • 4 Beds
    • 2 Baths
    • 1,701 Sq Ft

    1532 W 6th St, Tempe, AZ 85281

    Excellent investment home, or looking for a 4 bedroom home in great central location, here it is! Blocks to ASU! Easy access to I-10, 202, and the Airport. New AC unit. Home has been remodeled to include updated baths, clean nice cabinets in kitchen, paint, ceiling fans throughout. Large living room and nice sized family room/dining. French doors to a large covered patio. Main living areas all

    Hilary Sutter My Home Group Real Estate

    1532 W 6th St, Tempe, AZ 85281
  • /96

    $508,975

    • 3 Beds
    • 2 Baths
    • 1,972 Sq Ft

    1712 E Manhatton Dr, Tempe, AZ 85282

    What a wonderful opportunity to live in one of the most desired neighborhoods in all of Tempe, where active lifestyles meet modern day convenience. Looking for a peaceful and tranquil place to unwind, relax, exhale and escape the daily pressures of our daily lives, this is it!Location, location, location... Welcome to Tempe Gardens. This home is perfectly placed on a wonderful

    Brad Turk Shawn Bellamak Realty

    1712 E Manhatton Dr, Tempe, AZ 85282
  • /29

    $769,000

    • 4 Beds
    • 2 Baths
    • 2,004 Sq Ft

    1831 E Cornell Dr, Tempe, AZ 85283

    Step into a beautifully reimagined home that balances elegance with comfort in the heart of Tempe. This freshly remodeled open concept design showcases thoughtful upgrades throughout, transforming it into a modern oasis. The star of this property is undoubtedly the resort-inspired backyard featuring a stunning pool and hot tub, perfect for Arizona's endless summer days. Imagine

    Christopher Lentine HomeSmart

    1831 E Cornell Dr, Tempe, AZ 85283
  • /15

    $529,900

    • 5 Beds
    • 2 Baths
    • 1,970 Sq Ft

    501 E Alameda Dr, Tempe, AZ 85282

    Spacious 5-bed, 2-bath home in prime Tempe location - ideal as an investment or primary residence. Currently rented with immediate income potential. Features a recently updated private pool, 2-car garage, and generous living space. One bathroom offers dual access from a bedroom and hallway - perfect for roommate setups. Close to ASU, freeways, shopping, and dining. Great layout and location with

    Heath Schollenberger KRK Realty, Incorporated

    501 E Alameda Dr, Tempe, AZ 85282
  • /7

    $595,000

    • Land
    • 0.2 Acre
    • $2,975,000 per Acre

    1201 S Farmer Ave Unit 1, Tempe, AZ 85281

    Seize a rare Urban Infill Opportunity in Tempe's sought-after Farmer Arts District w/ easy access to the Light rail & Tempe Streetcar it is a walkable, thriving neighborhood perfect for ASU Students. Close to Mill Ave, Tempe Town Lake, & ASU. This lot is ready to build & *fully entitled by the City of Tempe in Jan 2025 for a proposed 3-Story 4-plex residential apartment project. The 7,315 SF

    Don Mortensen LRA Real Estate Group, LLC

    1201 S Farmer Ave Unit 1, Tempe, AZ 85281
  • /31

    $495,000

    • 4 Beds
    • 2 Baths
    • 1,000 Sq Ft

    315 S Beck Ave, Tempe, AZ 85281

    Rare opportunity to own a home in the heart of Tempe with a studio casita - close to ASU! Very charming & UPDATED!! This would make a great rental investment - it was rented for $2,500/mo (main home and casita the last two years) or live in the home and rent the casita for rental income; or use the casita as you like! Amazing location near Tempe Beach Park, popular Mill St cafes, shopping and

    Bruce Swift Windermere Real Estate & Property Management

    315 S Beck Ave, Tempe, AZ 85281
  • /19

    $195,000

    • 1 Bed
    • 1 Bath
    • 622 Sq Ft

    200 E Southern Ave Unit 133, Tempe, AZ 85282

    Prime Location & Smart Investment Opportunity!This first-floor condo is the perfect solution for savvy parents, teaching assistants or grad students looking to invest wisely while attending classes—say goodbye to rent and hello to equity! Ideally situated just steps from the ASU campus shuttle bus and voila! You are enjoying an easy 2-mile commute to the college. Inside, the open-concept

    Jeffery Hall Russ Lyon Sotheby's International Realty

    200 E Southern Ave Unit 133, Tempe, AZ 85282
  • /28

    $435,000

    • 4 Beds
    • 3 Baths
    • 1,488 Sq Ft

    1108 S Lebanon Ln, Tempe, AZ 85281

    Fully rented for $4095/mo!This 4 bedrm, 3 bath Tempe duplex home was remodeled in 2010---Kitchen has new knotty alder cabinets, counters, stainless steel sink, faucet & 20'' stone like tile. New bathroom vanities, sinks, faucets and toilets. New carpet and painted inside and out. 4th bedrm has separate outside entrance. Laundry rm is 10 x 11!! Backs up to Esquer Park. 3 acres with picnic

    Eric Saul Your Home and Future, LLC

    1108 S Lebanon Ln, Tempe, AZ 85281
  • /20

    $369,000

    • Land
    • 0.11 Acre
    • $3,354,545 per Acre

    1190 S Maple Ave Unit 1, Tempe, AZ 85281

    This wonderful lot is the second lot from a lot split where the adjoining lot has already sold. Don't miss the opportunity on one of the best located lots in the highly sought after Maple - Farmer - Ash District of Tempe, that offers significant potential for development or investment. This listing is for the **BACK Lot:** at 4,613 sq ft. which backs to the alley and fronts to Maple Ave. Zoned

    Patrick Brown Compass

    1190 S Maple Ave Unit 1, Tempe, AZ 85281
  • /2

    $475,000

    • 4 Beds
    • 2 Baths
    • 1,746 Sq Ft

    2146 E Donner Dr, Tempe, AZ 85282

    This single-story home is nestled in the desirable Continental Villas community in Tempe, offering quick access to the 101 and everything the area has to offer. The well-designed split floor plan features a spacious family room and dining area, creating an open and inviting space. As a desirable end unit, it offers added privacy and a quiet atmosphere. The home includes a private fenced patio and

    Madeline Bright Midland Real Estate Alliance

    2146 E Donner Dr, Tempe, AZ 85282
  • /16

    $4,100,000

    2309 S College Ave, Tempe, AZ 85282

    Located in the heart ofTempe, this 18-unitapartment complexpresents a turnkeyinvestment opportunity ina high-demand market.Situated just minutes fromArizona State University,downtown Tempe, majorfreeways, and publictransit, this property'sprime location attracts asteady stream of tenantsfor consistent rentalincome in a

    Simon Bowen Denali Real Estate, LLC

    2309 S College Ave, Tempe, AZ 85282
  • /7

    $429,000

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft

    925 E Henry St, Tempe, AZ 85281

    GREAT INVESTMENT property or a beautiful place to call home! Tons of upside! RARE R-2 ZONING AND PLENTY of land (.26 acres!) to add an Additional Dwelling Unit (ADU) - PLUS opportunity to add more sf to the existing home to increase rents etc., and seller has permits ready to go for an addition. This area is ''HOT'' and growing fast!! This home is 2 bedrooms, 1 bath, plus laundry room/office;

    Bruce Swift Windermere Real Estate & Property Management

    925 E Henry St, Tempe, AZ 85281
  • /47

    $1,199,900

    • 6 Beds
    • 4.5 Baths
    • 4,186 Sq Ft

    1004 E Tempe Dr, Tempe, AZ 85281

    Perfect opportunity for luxury living or investment property in the heart of Tempe. Where luxury meets convenience in this stunning 6-bedroom, 4.5-bathroom home boasts an impressive 4,186 square feet of living space with plenty of space to entertain, 2 master suites and 2 kitchens. Sold fully furnished and move-in ready.Step outside and be greeted by a private paradise. The meticulously

    Adam Poston Landmark Homes, L.L.C.

    1004 E Tempe Dr, Tempe, AZ 85281

Showing Results 1 - 40, Page 1 of 2

Home Trends in Tempe, AZ

Housing Trends

Median Sale Price
$475,000
Median Single Family Sale Price
$544,000
Median Townhouse Sale Price
$380,000
Median 2 Bedroom Sale Price
$299,850
Median 1 Bedroom Sale Price
$235,000
Average Price Per Sq Ft
$301
Number of Homes for Sale
385
Last 12 months Home Sales
1,356
Months of Supply
3.40
Median List Price
$499,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
2%
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