Investment - Homes for Sale in Tempe, AZ

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  $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**

  

  Mike Mendoza

  Keller Williams Realty Sonoran Living

  (844) 407-5592

  522 W Howe St, Tempe, AZ 85281
• Explore Tempe

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  /14

  $455,000 Open Thu 12PM - 2PM

  • 2 Beds
  • 2.5 Baths
  • 1,220 Sq Ft

  581 S Roosevelt St, Tempe, AZ 85281

  Updated Tempe townhome offering timeless brownstone charm with modern comfort — now featuring two FULLY enclosed bedrooms. Fresh interior paint, a stylish and functional layout, and a truly move-in-ready feel throughout. Located just minutes from Arizona State University and Downtown Tempe, with exceptional walkability to dining, coffee shops, nightlife, and year-round events. The community

  Aaron Kramer The Brokery

  581 S Roosevelt St, Tempe, AZ 85281
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  $240,000 Open Sun 11AM - 2PM

  • 3 Beds
  • 1.5 Baths
  • 1,035 Sq Ft

  1011 E Redfield Rd, Tempe, AZ 85283

  his 3-bedroom, 1.5-bath townhouse is an ideal starter home or investment opportunity. All three bedrooms and the full bath are located upstairs, while the main level features a spacious living room, kitchen with dining area, and a convenient half bath. The kitchen offers ample storage, and the living room opens to a private patio—perfect for relaxing or entertaining.

  Kathleen Scott Redfin Corporation

  1011 E Redfield Rd, Tempe, AZ 85283
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  $508,000

  • 3 Beds
  • 3.5 Baths
  • 1,558 Sq Ft

  2090 S Dorsey Ln Unit 1025, Tempe, AZ 85282

  Stunning gated condo in the desirable Dorsey Lane community now available! This elegant property offers 3 full bedrooms, 3.5 bathrooms, modern amenities, including a stylish eat-in kitchen with quartz counters, wood cabinetry, stainless steel appliances, and a center island. Enjoy the premium lot location, just steps away from the pool. Additional features include a spacious 2-car garage with

  Austin Manahan Realty ONE Group

  2090 S Dorsey Ln Unit 1025, Tempe, AZ 85282
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  /19

  $1,075,000

  1224 S Smith Rd, Tempe, AZ 85281

  Looking to start the year off with a great investment opportunity or to house hack in one of the city's strongest rental markets? Look no further than 1224 S Smith Rd. This well-located 4-plex sits in a high-demand rental corridor minutes from ASU, light rail, downtown Tempe, major freeways, and employment hubs. Surrounded by major education, transportation, and lifestyle anchors that drive

  Eugene Parker Apex Residential

  1224 S Smith Rd, Tempe, AZ 85281
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  /13

  $950,000

  1244 N Rose St, Tempe, AZ 85281

  Fully renovated 3-unit income property offered as part of a rare five-unit residential compound spanning two adjacent parcels. This parcel includes one single-family residence plus a duplex for a total of three units, consisting of two 2-bedroom/1-bath units and one 3-bedroom/2-bath unit.Extensive upgrades completed throughout, including new HVAC systems, new roofs, all new electrical panels, new

  Brett Borinstein Gentry Real Estate

  1244 N Rose St, Tempe, AZ 85281
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  /38

  $625,000

  • 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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  $1,749,500

  508 S Farmer Ave, Tempe, AZ 85281

  PRIME OPPORTUNITY TO PARTICIPATE IN TEMPE'S DOWNTOWN RENAISSANCE. 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 BEST LOCATIONS FOR LONG TERM INVESTMENT GROWTH. THE PARCELS ARE ALSO LOCATED IN TEMPE'S TRANSPORTATION OVERLAY DISTRICT WHICH ADDS A WHOLE OTHER LAYER OF DEVELOPMENT POTENTIAL

  Ron Fedri HomeSmart

  508 S Farmer Ave, Tempe, AZ 85281
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  /24

  $335,000

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

  2123 E Kirkland Ln Unit 4, 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

  2123 E Kirkland Ln Unit 4, Tempe, AZ 85281
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  /18

  $268,000

  • 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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  $1,295,000

  1231 N Oleander St, Tempe, AZ 85281

  Turnkey 5-Unit Investment Near ASU & Old Town Scottsdale. Fully renovated in 2019 with near-zero vacancy in a high-demand rental market. Unit mix includes four 2BD/1BA units and one 1BD/1BA unit, each featuring updated interiors, vinyl flooring, modern cabinetry, granite countertops, dual-pane windows, new A/C systems, and upgraded security doors. Large private gated patios enhance tenant appeal.

  Dalen Linnerson Midland Real Estate Alliance

  1231 N Oleander St, Tempe, AZ 85281
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  $339,000

  • 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
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  $315,000

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

  2127 E 10th St Unit 4, Tempe, AZ 85281

  Discover a prime investment opportunity in Tempe's University Ranch. This 1,036 sq. ft. townhouse is perfectly positioned for consistent demand, located just minutes from Arizona State University and the vibrant retail and dining at Tempe Marketplace. Commuters benefit from immediate access to the Loop 101, ensuring a seamless connection to the Valley's top employment hubs. On-site, residents can

  Jayden Triplett Russ Lyon Sotheby's International Realty

  2127 E 10th St Unit 4, Tempe, AZ 85281
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  $289,000

  • 2 Beds
  • 2 Baths
  • 989 Sq Ft

  2333 E Southern Ave Unit 2067, Tempe, AZ 85282

  Updated 2-Bed, 2-Bath Condo in Prime Tempe Location Perfectly 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 spacious open layout,

  Heather Deason eXp Realty

  2333 E Southern Ave Unit 2067, Tempe, AZ 85282
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  $612,500

  • 4 Beds
  • 2 Baths
  • 1,766 Sq Ft

  726 W 19th St, Tempe, AZ 85281

  A rare investment gem, this updated 4-bed, 2-bath home is already cash-flowing as a successful Airbnb, with the seller willing to include all furniture!Featuring a detached garage with a large rear-access gate, NO HOA, and recent updates throughout, this property is both a move-in-ready home or a turnkey income opportunity. Enjoy timeless charm with desert landscaping and a welcoming covered

  George Laughton My Home Group Real Estate

  726 W 19th St, Tempe, AZ 85281
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  $580,000

  • 4 Beds
  • 2 Baths
  • 1,116 Sq Ft

  2012 N Van Ness Ave, Tempe, AZ 85281

  Charming, modern, and move-in ready! Step into this beautifully remodeled 4-bedroom, 2-bath ranch-style home and instantly feel at home. Featuring new AC (2024), modern designer colors, laminate plank flooring, and updated kitchen and bathrooms, this home blends comfort with contemporary style. Offered fully furnished and turnkey, everything you see is included—perfect for those looking for an

  Heather Rodriguez eXp Realty

  2012 N Van Ness Ave, Tempe, AZ 85281
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  $624,900

  • 4 Beds
  • 2.5 Baths
  • 2,312 Sq Ft

  928 E La Jolla Dr, Tempe, AZ 85282

  Welcome home to a rare opportunity in the heart of Tempe—where lifestyle, location, and long-term value converge. This multi-level, one-owner residence offers 4 BD, plus a den and 2.5 bathrooms, situated on an expansive, nearly 11,000-square-foot lot, an increasingly scarce asset in this highly sought-after area. Located just minutes from Arizona State University, this home is ideal for those

  John Hrimnak Keller Williams Integrity First

  928 E La Jolla Dr, Tempe, AZ 85282
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  /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
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  $2,400,000

  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
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  $1,675,000

  1218 S Farmer Ave, Tempe, AZ 85281

  Exceptional investment opportunity in this well-maintained 9-unit multifamily property! Conveniently located in a desirable, high-demand rental area of Tempe, ASU. This 9-plex features 8-1bedroom units and 1- studio with strong rental history and low vacancy. Each unit offers functional layouts, and 15 dedicated parking. All units have been tastefully updated attracting quality long-term

  Chris Bianco Civic Center Real Estate

  1218 S Farmer Ave, Tempe, AZ 85281
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  /26

  $264,900

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

  917 S Hacienda Dr Unit 39, Tempe, AZ 85281

  Move-in ready 2-bedroom, 2-bath townhome in the heart of Tempe featuring new flooring throughout, newly updated bathrooms, vaulted ceilings, in-unit washer and dryer, and abundant natural light. The open floor plan offers a spacious great room and a functional kitchen with ample counter space, electric range, dishwasher, built-in microwave, refrigerator, and breakfast bar. Sliding glass doors

  Erica Decker HomeSmart

  917 S Hacienda Dr Unit 39, Tempe, AZ 85281
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  $324,000

  • 2 Beds
  • 2 Baths
  • 978 Sq Ft

  1215 E Lemon St Unit 208, Tempe, AZ 85281

  Beautifully updated condo in an incredible Tempe location, just steps from Arizona State University. This home features a refreshed kitchen with brand new quartz countertops and refinished, professionally painted cabinets, along with fresh interior paint throughout. Both bathrooms have been fully renovated with modern finishes and new flooring. A rare upgrade truly sets this unit apart: a newly

  Corey Enman Keller Williams Integrity First

  1215 E Lemon St Unit 208, Tempe, AZ 85281
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  /71

  $864,000

  3673 S Roosevelt St, Tempe, AZ 85282

  Conveniently located in the heart of Tempe near ASU, this property delivers a rare and powerful investment opportunity with multiple income streams. The main home features 3 bedrooms, 2 bathrooms, and a 2 car garage, while TWO separate 2 bedroom 1 bath rental units provide dependable monthly income. You can rent all three units to maximize cash flow or live in the main home while collecting

  Michael Griffith Limitless Real Estate

  3673 S Roosevelt St, Tempe, AZ 85282
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  $730,000

  1002 S Mariana St, Tempe, AZ 85281

  Four on Mariana - Fully Renovated Block Construction in Prime Tempe Location Welcome to Four on Mariana, an exceptional all-block construction multifamily property ideally located just minutes from Arizona State University and Downtown Tempe. This beautifully upgraded fourplex offers investors a rare turnkey opportunity in one of the most in-demand rental markets in the Valley. Each of the four

  Sophia Baron Get Multifamily

  1002 S Mariana St, Tempe, AZ 85281
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  /27

  $262,000

  • 2 Beds
  • 2 Baths
  • 1,088 Sq Ft

  151 E Broadway Rd Unit 103, Tempe, AZ 85282

  Investment Opportunity! 30 Day Rentals are Allowed! Perfect for winter visitors, business travelers and college students. Great location near ASU, highways, shopping and restaurants! This Well-Maintained 2Bd/2Ba first floor condo features an extended, Private Patio perfect for enjoying AZ weather! Newer Stacked Washer/Dryer Inside the Unit! Tucked just a few steps down from the parking area, unit

  Kea Carota Realty ONE Group

  151 E Broadway Rd Unit 103, Tempe, AZ 85282
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  $975,000

  1253 W Southern Ave, Tempe, AZ 85282

  Prime investment opportunity in the heart of Tempe! This centrally located property sits just minutes from ASU, major employers, Tempe Town Lake, Sky Harbor Airport, and multiple freeway access points, making it an exceptionally strong rental location with consistent demand and fully rented! The exterior provides low-maintenance landscaping and ample parking, keeping holding costs low. With

  Erin Woodruff Realty ONE Group

  1253 W Southern Ave, Tempe, AZ 85282
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  /28

  $429,000

  • 3 Beds
  • 1 Bath
  • 960 Sq Ft

  2050 E 10th St, Tempe, AZ 85281

  Welcome to this charming Tempe home ideally located just minutes from ASU, Tempe Marketplace and some of the area's best dining, shopping, and entertainment. Situated on a spacious lot, this property offers a perfect blend of character, functionality, and opportunity.

Inside, you'll find a light-filled layout with comfortable living spaces, well-appointed bedrooms, and a kitchen

  Robyn Munzer LPT Realty, LLC

  2050 E 10th St, Tempe, AZ 85281
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  /41

  $579,000

  • 3 Beds
  • 2 Baths
  • 1,828 Sq Ft

  406 E Barbara Dr, Tempe, AZ 85281

  Beautiful home near Tempe Town Lake, ASU , Old Town Scottsdale, Papago Park shopping and restaurants! Features a bright floor plan with all neutral colors and fresh interior and exterior paint. Inviting living room with cozy fireplace and plantation shutters.Spacious family room opens through double French doors to a private backyard with covered patio and sparkling Pebble Tec pool—perfect

  Patricia Bonnell West USA Realty

  406 E Barbara Dr, Tempe, AZ 85281
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  /45

  $825,000

  • 6 Beds
  • 4 Baths
  • 2,622 Sq Ft

  942 S Ash Ave Unit 103, Tempe, AZ 85281

  Located in the heart of Tempe's sought-after Maple-Ash neighborhood just steps from ASU and Mill Avenue, this fully upgraded 6-bedroom, 4-bath home offers exceptional lifestyle and investment appeal in a rare two-story layout with a finished basement, filled with natural light from abundant bright windows throughout. Interior upgrades include luxury vinyl plank flooring, fresh neutral paint,

  Erika Lucas-Goff Lucas Real Estate

  942 S Ash Ave Unit 103, Tempe, AZ 85281
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  /7

  $700,000

  1248 E Harry St, Tempe, AZ 85281

  Turnkey duplex offered as part of a five-unit residential compound across two adjacent parcels in central Tempe. The duplex features two 2-bedroom/1-bath units with functional layouts and strong long-term rental appeal. The property has been fully renovated, including new HVAC, new roof, new electrical panels, new windows, and updated interiors throughout, offering stable operations and minimal

  Brett Borinstein Gentry Real Estate

  1248 E Harry St, Tempe, AZ 85281
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  /24

  $619,000

  • 3 Beds
  • 3.5 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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  /47

  $1,199,900

  • 6 Beds
  • 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. 5% Cap rate with owners spending up to 3 months in property could be 8+% with at capacity. Must be patient when seeing with high occupancy on airbnb.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

  Adam Poston Landmark Homes, L.L.C.

  1004 E Tempe Dr, Tempe, AZ 85281
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  /26

  $600,000

  • 3 Beds
  • 2 Baths
  • 1,512 Sq Ft

  1142 E Tempe Dr, Tempe, AZ 85281

  This beautifully renovated home sits in a prime location just minutes from Old Town Scottsdale and ASU. Offering 3 bedrooms, 2 bathrooms, and a versatile bonus space that easily adapts as a fourth bedroom, office, or media room, the layout is both functional and flexible. The property underwent a full renovation in which the property was taken down to the studs and re-built in 2018, resulting in

  Katie Baccus Compass

  1142 E Tempe Dr, Tempe, AZ 85281
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  /23

  $585,000

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

  606 S Wilson St, Tempe, AZ 85281

  Promo: offering 1% off current market rates for conventional home loans/refinances . (Does not include the 100% financing program, FHA or VA loans or non-owner occupied) Rare opportunity to own a distinctive brownstone-style townhome in the heart of Tempe! With 1,750 sqft of multi-level living space, this 2-bedroom, 2.5-bath residence offers the perfect blend of charm, function, and location-

  Sarah Hare Real Broker

  606 S Wilson St, Tempe, AZ 85281
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  /32

  $499,000

  • 3 Beds
  • 2 Baths
  • 1,297 Sq Ft

  1986 E Palmcroft Dr, Tempe, AZ 85282

  BEAUTIFUL remodel! From the new flooring & Jeld-Wen windows to the roof & sewer lines, the new owner of this home will have little to worry about with all that has been updated and improved! This low maintenance home sits on a large corner lot in a TERRIFIC location close to ASU while also providing easy access to freeways for commutes to work or around the Valley. Refreshing pool compliments the

  Ryan Mohr Realty Executives Arizona Territory

  1986 E Palmcroft Dr, Tempe, AZ 85282
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  $2,595,000

  117 W 10th St, Tempe, AZ 85281

  Rare Investment Opportunity in Prime Tempe Location!Don't miss this incredible chance to own four beautifully remodeled patio homes on one lot in the heart of the Maple & Ash Historic District—just steps from ASU's main campus!This turnkey, multi-unit property includes:Three 2 bed / 1 bath unitsOne 2 bed / 2 bath unit - Each home is thoughtfully updated and move-in ready,

  Adam Prather eXp Realty

  117 W 10th St, Tempe, AZ 85281
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  /2

  $405,000

  • 3 Beds
  • 2 Baths
  • 1,326 Sq Ft

  2205 W Desiree Ln, Tempe, AZ 85282

  Investor opportunity in a prime Tempe location! This 3 bed, 2.5 bath home is centrally located and close to shopping, dining, and major freeways. The property offers strong potential for renovation and value-add, making it an ideal investment or remodel project. Sold as-is and ready for updates to bring it to its full potential.

  Roy Davis eXp Realty

  2205 W Desiree Ln, Tempe, AZ 85282
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  /26

  $499,990

  • 4 Beds
  • 2 Baths
  • 1,446 Sq Ft

  1412 W 7th Place, Tempe, AZ 85281

  Home Sweet Home! Tastefully updated mid-century modern 4 bed / 2 bath POOL home UNDER 500k?! In Tempe's quaint Lindon Park neighborhood. Check out the 3D tour! Great for a family or a Short Term Rental Investment! NO HOA!! Comes Fully furnished! WOW - Updates GALORE!! Newer ROOF, AC, Pebble-tec Play POOL, WINDOWS, ELECTRIC PANEL, PLUMBING, PAINT, APPLIANCES, and MORE! See List of Upgrades! NO

  Robyn Vise RE/MAX Alliance Group

  1412 W 7th Place, Tempe, AZ 85281
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  /27

  $540,000

  • 4 Beds
  • 2 Baths
  • 1,520 Sq Ft

  609 S Priest Dr, Tempe, AZ 85281

  Discover the perfect blend of convenience and modern living in this spacious 4 bedroom, 2 bathroom home located in the heart of Tempe. Situated just minutes from Arizona State University, this property is ideal for those looking for a primary residence or a great investment! An inviting open floorplan creates a seamless flow between living areas, perfect for entertaining or relaxing. The updated

  Katina Samaras Coldwell Banker Realty

  609 S Priest Dr, Tempe, AZ 85281
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  /4

  $1,100,000

  528 W La Jolla Dr, Tempe, AZ 85282

  Three at La Jolla is a boutique triplex situated in a highly desirable Tempe location, just minutes from Arizona State University, Downtown Tempe, and major employment and transit corridors. The property benefits from proximity to one of the Phoenix metro's strongest rental demand drivers while maintaining a quiet residential setting. The asset offers a rare configuration, featuring an

  Zack Mishkin Orion Investment Real Estate

  528 W La Jolla Dr, Tempe, AZ 85282

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