$899,000
1321 W 5th St, Tempe, AZ 85281

Joseph Maggiore
Desert Dimensions Properties
(833) 531-0506
$899,000
1321 W 5th St, Tempe, AZ 85281
Joseph Maggiore
Desert Dimensions Properties
(833) 531-0506
$1,000,000
522 W Howe St, Tempe, AZ 85281
Mike Mendoza
Keller Williams Realty Sonoran Living
(844) 407-5592
$399,950
5216 E Half Moon Dr, Phoenix, AZ 85044
Manuel Bermudez Redfin Corporation
$714,000
538 W 13th St Unit A, Tempe, AZ 85281
Miguel Tzompantzi West USA Realty
$519,900 Open Sat 10AM - 2PM
1644 N Ventura Ln, Tempe, AZ 85281
Erik Kelly eXp Realty
$389,000
280 S Evergreen Rd Unit 1287, Tempe, AZ 85288
David Goldberg Realty ONE Group
$550,000
920 S Kenwood Cir, Tempe, AZ 85281
Sophia Baron Grace CRE
$845,000
1305 N Frances St, Tempe, AZ 85281
Shawn White Real Broker
$949,995
1234 S Farmer Ave, Tempe, AZ 85281
Alan Kittelman Venture REI, LLC
$630,000
1519 W 7th Place, Tempe, AZ 85281
David Evans Jr Realty ONE Group
$630,000
1513 W 7th Place, Tempe, AZ 85281
David Evans Jr Realty ONE Group
$1,470,000
1219 S Farmer Ave, Tempe, AZ 85281
Jesse Lowery HomeSmart
$1,175,000
1440 S Stanley Place, Tempe, AZ 85281
James Stephens Better Homes & Gardens Real Estate SJ Fowler
$775,000
1424 S Stanley Place, Tempe, AZ 85281
James Stephens Better Homes & Gardens Real Estate SJ Fowler
$775,000
1428 S Stanley Place, Tempe, AZ 85281
James Stephens Better Homes & Gardens Real Estate SJ Fowler
$3,425,000
1424 S Stanley Place, Tempe, AZ 85281
James Stephens Better Homes & Gardens Real Estate SJ Fowler
$1,189,000
1224 S Maple Ave, Tempe, AZ 85281
Jason Vaught AZ Brokerage Holdings, LLC
$435,000
1108 S Lebanon Ln, Tempe, AZ 85281
Eric Saul Your Home and Future, LLC
$650,000
2106 S Granada Dr, Tempe, AZ 85282
Kalliany Alvarez Valley Views RE
$4,550,000
2309 S College Ave, Tempe, AZ 85282
Simon Bowen Denali Real Estate, LLC
$790,000
1413 S Jentilly Ln, Tempe, AZ 85281
Fabiola Felix HomeSmart
$7,790,000
000 E Polk-Kinderman-augusta St, Scottsdale, AZ 85257
Linda Gerchick Gerchick Real Estate
$2,395,000
7602 E Polk St, Scottsdale, AZ 85257
Linda Gerchick Gerchick Real Estate
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 51 days on the market compared to the national average of 70 days. The median sale price for homes in Tempe, AZ over the last 12 months is $365,000, consistent with the median home sale price over the previous 12 months.
In Tempe, there are currently 23 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $389,000 to $7,790,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Tempe is $375,000, while the average sale price is $383,730, offering insights into the local housing market. On average, multi-family homes spend 51 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.