$1,000,000
522 W Howe St, Tempe, AZ 85281
Mike Mendoza
Keller Williams Realty Sonoran Living
(844) 407-5592
$1,000,000
522 W Howe St, Tempe, AZ 85281
Mike Mendoza
Keller Williams Realty Sonoran Living
(844) 407-5592
$455,000
2025 E Don Carlos Ave, Tempe, AZ 85281
Daniel Hodges HomeSmart
$999,999
1101 S Farmer Ave, Tempe, AZ 85281
Jennifer MacLay MacLay Real Estate
$200,000
917 S Acapulco Ln Unit C, Tempe, AZ 85281
Barbara Drake Keller Williams Integrity First
$255,000
520 S Evergreen Rd Unit 26B, Tempe, AZ 85281
Roberto Campo Platinum First Realty
$1,600,000
1229 E Spence Ave, Tempe, AZ 85281
Jason Miszuk Realty ONE Group
$730,000
1002 S Mariana St, Tempe, AZ 85281
Sophia Baron Grace CRE
$1,148,000
1224 S Maple Ave, Tempe, AZ 85281
Jason Vaught Realty Executives Arizona Territory
$1,675,000
1218 S Farmer Ave, Tempe, AZ 85281
Chris Bianco Civic Center Real Estate
$999,000
914 S Kenwood Cir, Tempe, AZ 85281
Michael Gordon Grace CRE
$899,000
1324 E Hall St, Tempe, AZ 85281
Melissa Steenson The BrokerEDGE
$844,999
942 S Ash Ave Unit 103, Tempe, AZ 85281
Heather Cagle-Ryan E & G Real Estate Services
$2,500,000
626 S Wilson St, Tempe, AZ 85281
David Arustamian Russ Lyon Sotheby's International Realty
$699,500
538 W 13th St Unit A, Tempe, AZ 85281
Miguel Tzompantzi West USA Realty
$965,000
1145 W Southern Ave, Tempe, AZ 85282
Bejan Parivar Citiea
$949,995
1234 S Farmer Ave, Tempe, AZ 85281
Alan Kittelman Venture REI, LLC
$1,400,000
725 E Encanto Dr, Tempe, AZ 85281
Rob Sullivan Berkshire Hathaway HomeServices Arizona Properties
Tempe Town Lake serves as a recreational hub where residents kayak, paddleboard, and stroll along scenic waterfront paths. The iconic "A" Mountain provides panoramic city views from its summit, while the Mill Avenue district buzzes with shops, restaurants, and nightlife. Cultural attractions include the Frank Lloyd Wright-designed ASU Gammage theater, which hosts Broadway shows, and the free ASU Art Museum showcasing contemporary Latin American works. The city's 50 parks and 175 miles of bike paths include Papago Park's desert trails and Kiwanis Park's wave pool. Local dining ranges from craft beer at Four Peaks Brewing's historic 8th Street Pub to modern Southwest cuisine at Ghost Ranch.
The Tempe real estate market includes properties from $219,000 to $1,595,000. The median sale price across all property types is $475,000. Single-family homes command a median price of $545,000, with variations by neighborhood. South Tempe homes reach a median of $645,000, while West Tempe homes sit at $375,000. Townhouses in the Riverside area have a median price of $580,000. Condos present a more affordable option, with median prices of $231,000 for one bedroom and $305,000 for two bedrooms.
Tempe's property tax rate of 0.47% matches neighboring Phoenix, Mesa, and Scottsdale. The combined sales tax rate is 8.41%, including a 5.60% state rate and 2.81% local rate. Arizona's state income tax rate is 2.50%.
The city's education system includes Corona Del Sol High School, rated A by Niche. Private schools like Our Lady of Mount Carmel School and Grace Christian Academy also maintain A ratings. Arizona State University's main campus adds to the educational landscape. Valley Metro light rail and extensive bus service connect to Phoenix Sky Harbor International Airport, typically a 10 to 15 minute drive. Major employers span technology, healthcare, education, and manufacturing sectors.
On average, homes in Tempe, AZ sell after 53 days on the market compared to the national average of 53 days. The median sale price for homes in Tempe, AZ over the last 12 months is $473,500, consistent with the median home sale price over the previous 12 months.
Tempe attracts buyers with its blend of desert scenery, vibrant college-town energy, and proximity to the greater Phoenix metro area.
In Tempe, there are currently 18 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $200,000 to $2,595,000, there's a range to accomodate every budget. As of December, 2025 the median home price in Tempe is $495,000, while the average sale price is $502,656, offering insights into the local housing market. On average, multi-family homes spend 53 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Tempe, AZ.