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$109,000
2 Beds ⋅ 2 Baths ⋅ 7001280 MLS
This beautifully updated home offers 2 comfortable bedrooms & 2 baths, providing plenty of room for relaxing or hosting overnight guests. The tasteful upgrades include an open concept kitchen with a large island featuring striking granite countertops & new white cabinets. Enjoy the modern fixtures in both bathrooms & Luxury Vinyl Plank flooring which graces the entire home accented by fresh new pain both inside and out. A spacious primary suite hosts a large, remodeled ensuite bathroom & walk-in closet. This beautifully remodeled home combines modern updates with the perks of a 55+ community delivering an exceptional lifestyle with an impressive array of amenities designed for active adults, including a recently renovated heated pool, fitness center, shuffleboard & bocce ball while organized activities & gatherings make it easy to connect with neighbors. There is even a dog park for your four-legged friend. Security, tranquility & convenience come standard with the gated entry, while the community fosters an active, worry-free retirement lifestyle. Don't miss your chance to live the easy, enjoyable life you deserve. Schedule your private tour today!

2727 E University Drive Unit 120, Tempe

Listing courtesy of Listing Agent: Kathy Pacheco Pietz (602-738-5836) from Listing Office: Realty ONE Group.
$320,000
2 Beds ⋅ 2 Baths ⋅ 7000120 MLS
This beautifully maintained 2 bedroom, 2 bathroom townhome offers a comfortable and thoughtfully designed layout with inviting living spaces throughout. The home features a warm and welcoming interior that flows seamlessly to a private backyard retreat, ideal for relaxing or entertaining, with no neighbors immediately behind for added privacy. The community pool and on-site RV parking are added amenities for residents to enjoy. Pride of ownership is evident in every detail, creating a move-in ready opportunity for the next owner. An exceptional chance to enjoy a well-cared-for home in a desirable Tempe setting close to Downtown Tempe, shopping, ASU, parks, and the airport.

5314 S Farmer Avenue, Tempe

Listing courtesy of Listing Agent: Ryan Furman (602-767-3321) from Listing Office: My Home Group Real Estate.

Selling Office: Realty ONE Group.

$375,000
2 Beds ⋅ 3 Baths ⋅ 6999859 MLS

2402 E 5th Street Unit 1668, Tempe

Listing courtesy of Listing Agent: John Ely (480-239-2714) from Listing Office: Rely Real Estate, LLC.
$390,000
2 Beds ⋅ 2 Baths ⋅ 6999705 MLS
Welcome to your dream townhouse in the sought-after Hayden Square complex! Perfectly situated in downtown Tempe, you'll be just a short stroll from vibrant Mill Ave and only minutes from Sky Harbor Airport. This beautifully remodeled, turn-key unit is ideal for ASU students, young professionals, or anyone seeking a convenient lock-and-leave lifestyle. With abundant natural light, new flooring, a modern kitchen, and stylish bathrooms, this furnished home effortlessly combines comfort and sophistication. Whether you're looking to embrace the energetic Tempe lifestyle or simply enjoy a serene retreat, this townhouse has it all. Don't miss your chance to make it yours!

154 W 5th Street Unit 246, Tempe

Listing courtesy of Listing Agent: Janelle N Flaherty (602-615-3251) from Listing Office: First Team Real Estate.
$295,000
2 Beds ⋅ 2 Baths ⋅ 6999437 MLS
Don't miss this incredible opportunity in the heart of Tempe's Waterfront District at River Run Condos. Equipped with a brand new AC Unit as of July 2026, this unit features stacked laundry machines and an updated, peaceful back yard that does not border a busy road. Both bathroom vanities have been re-done within the past 3 years. Walking distance to Tempe Town Lake, Tempe Beach Park, the Center for the Arts and much more, this is a location that every property owner needs to add to their portfolio. With an active Tenant in place through the end of 2026, this vibrant condo is ready for its new owner to plug & play instantly!

1065 W 1st Street Unit 103, Tempe

Listing courtesy of Listing Agent: Casey M Thompson (480-381-4777) from Listing Office: RETSY.
$259,000
2 Beds ⋅ 1 Baths ⋅ 6999402 MLS
Thoughtfully reimagined with a clean, modern aesthetic, this light-filled single-level residence offers an exceptional opportunity in the heart of Tempe. The beautifully remodeled kitchen features white cabinetry, quartz countertops, a striking tile backsplash, and a skylight that fills the space with natural light. Warm wood-look flooring, recessed lighting, and contemporary finishes create a fresh, move-in ready interior. The open living area extends seamlessly to a private covered patio and enclosed yard with paver flooring and low-maintenance turf, creating an inviting outdoor retreat. Both bedrooms offer generous walk-in closets, while the updated bathroom continues the home's clean, timeless design. A detached storage room adds valuable everyday functionality. Located just minutes from Arizona State University, this home offers exceptional convenience for owner occupants, long-term investors, or those seeking housing near one of the nation's largest universities. With long-term rentals permitted by the HOA, buyers have the flexibility to enjoy the home today while benefiting from its future investment potential. Easy access to Tempe Marketplace, shopping, dining, major freeways, and public transportation adds to the home's appeal, while the community's pool and greenbelts provide a low-maintenance lifestyle in a highly desirable Tempe location.

6627 S Mcallister Avenue, Tempe

Listing courtesy of Listing Agent: Lindsay Rininger (480-202-6448) from Listing Office: Compass.
$161,700
1 Beds ⋅ 1 Baths ⋅ 6999391 MLS

1065 W 1st Street Unit 109, Tempe

Listing courtesy of Listing Agent: Scott Taylor () from Listing Office: Keller Williams, Professional Partners.

Selling Office: A.Z. & Associates.

$379,900
1 Beds ⋅ 1 Baths ⋅ 6998719 MLS
Urban LOFT living w/VIEWS in the heart of ASU at The Lofts at Orchidhouse. Highly secure building, steps from Mill Ave. Zoned for mixed-use, this Loft offers 1 bedroom, full bathroom, & in-unit laundry. Large enough for live/work, or as an office space. Open kitchen has gas range w/extended height steel back guard & vent hood, RO water system, two under-counter refrigeration/freezer units, granite counters. Beech colored cabinets & wood floor compliment the industrial aesthetic of exposed duct work & extended height concrete ceilings. Floor to ceiling windows bathe the loft in natural light & provide incredible views of Downtown Tempe. POOL, SPA and WORKOUT facilities available from the Residence Inn next door for small monthly fee. NEWER A/C. Private, gated owners parking, 24/7 security. Located within the Brickyard on Mill featuring retail, restaurants & more. Why this location?? Enjoy to all ASU's campus has to offer, take a hike on A Mountain, visit Tempe's best dining options, shop at Whole Foods, hop on the Metro Light Rail system, bike Tempe Town Lake & enjoy the urban living lifestyle. An incredible opportunity for true urban living!

21 E 6th Street Unit 608, Tempe

Listing courtesy of Listing Agent: Kristin L. Graziano (480-229-6569) from Listing Office: Locality Real Estate.
$342,100
3 Beds ⋅ 3 Baths ⋅ 6998618 MLS
Priced for IMMEDIATE SALE. Excellent Buyer Opportunity! End unit location for added privacy! A/C unit in backyard looks newer! HOA covers roof, water, sewer, trash, community pool, and more! Super floor plan features 3 bedrooms 2.5 baths, great room, private backyard and patio, 2 car garage, inside laundry hook-up, and more! Location, Location, Location! Go quickly on this terrific opportunity. Submit all offers now for Seller review and approval. Under FinCEN's new RRE Rule, transfers will be subject to reporting when buyers use entities or trusts to take title to residential real estate, when the transaction is all cash, privately financed or HELOC.

1072 E Sunburst Lane, Tempe

Listing courtesy of Listing Agent: Jeffrey B Miller (602-402-0338) from Listing Office: Fathom Realty Elite.

Selling Office: Russ Lyon Sotheby's International Realty.

$260,000
2 Beds ⋅ 2 Baths ⋅ 6997806 MLS
Move-in ready single-level gem! This beautiful 2 bedroom, 2 bath home offers easy, low maintenance living in an unbeatable location. Perfect lock and leave lifestyle with in-unit washer/dryer and access to a sparkling community pool. Enjoy proximity to Tempe Town Lake, Papago Park's stunning hiking trails and steps from ASU. This downstairs unit boasts a gated patio and storage unit. Don't miss this rare opportunity!

925 N College Avenue Unit G128, Tempe

Listing courtesy of Listing Agent: Kera Molinaro (480-340-7538) from Listing Office: Russ Lyon Sotheby's International Realty.

Selling Office: EMG Real Estate.

$287,500
3 Beds ⋅ 2 Baths ⋅ 6997752 MLS
Beautiful single-level 3 bedroom, 2 bath Tempe condo in Alameda Park Condominiums near Arizona State University. Spacious 1,258 sq ft floor plan featuring vaulted ceilings, wood-look flooring and a charming brick fireplace in the living room. Bright kitchen with abundant cabinetry and adjacent dining area. Private walled patio offers great outdoor space for relaxing or entertaining. Interior laundry and covered parking included. Rare larger floor plan in a community of single-story homes. Convenient Tempe location close to ASU, Tempe Town Lake, shopping, dining and easy freeway access. Ideal for owner occupants, ASU housing, or investment property. Rare single-level 3-bedroom, 2-bath condo in Alameda Park Condominiums offering approximately 1,258 sq ft. Spacious living room with vaulted ceilings, wood-look flooring and a charming brick fireplace. Bright kitchen with abundant cabinetry, tile flooring and adjacent dining area. Split floor plan with generous bedrooms and updated hall bath vanity. Private walled patio provides outdoor space for relaxing or entertaining. Interior laundry and covered parking included. Convenient Tempe location near ASU, shopping, dining and freeway access. Well-maintained community of single-story units with mature landscaping. Great opportunity for owner occupants or investors. Single-level condominium located in the Alameda Park Condominiums community in Tempe. This home offers approximately 1,258 square feet with three bedrooms and two bathrooms in a functional floor plan. The property is part of a community consisting entirely of single-story units, which helps create a quiet, residential atmosphere. The living area features vaulted ceilings that create an open and airy feel, along with wood-look flooring and a classic brick fireplace that serves as a focal point of the room. Large windows allow natural light to fill the living space and provide views of the patio area. The adjacent dining area connects the living room and kitchen, making the layout convenient for everyday living and entertaining. The kitchen offers generous cabinet storage, laminate countertops, tile flooring, and a full appliance package. The layout provides efficient workspace with good counter area and a window over the sink providing natural light. The primary bedroom includes ample closet space and convenient access to the bathroom areas. Two additional bedrooms provide flexibility for guests, home office space, or additional household members. The hall bathroom features an updated vanity with solid surface countertop, modern sink, updated lighting, and contemporary mirror. The second bathroom includes a shower enclosure and functional layout. Flooring throughout the home includes wood-look plank flooring in the main living areas and bedrooms and tile flooring in the kitchen and dining area for durability and ease of maintenance. The property also includes a private enclosed patio area with block wall fencing. This outdoor space provides a quiet setting for outdoor seating, grilling, or container gardening. Additional features include: " Interior laundry with stacked washer and dryer " Refrigeration air conditioning " Slump block construction typical of the community " Covered parking " Exterior storage closet " Single-level floor plan with no interior stairs Alameda Park Condominiums is a community made up of single-story units built in 1979. The community includes 136 units and offers a convenient Tempe location with access to nearby amenities. Location advantages include proximity to: " Arizona State University " Downtown Tempe and Tempe Town Lake " Major freeways including US-60, Loop 101, and Loop 202 " Shopping, restaurants, and everyday services " Public transportation options The property may be well suited for owner-occupants, part-time residents, or investors seeking a rental property in a strong Tempe market. Buyer to verify all material facts including square footage, schools, HOA information, and any applicable community regulations.

26 W Concorda Drive Unit 104, Tempe

Listing courtesy of Listing Agent: John L. Payne (480-422-6800) from Listing Office: United CountryReal Estate-Arizona Property & Auction.

Selling Office: Weichert, Realtors - Courtney Valleywide.

$403,500
3 Beds ⋅ 2 Baths ⋅ 6997187 MLS
***New Roof, New AC, New sewer line*** Welcome to this charming 3-bed, 2-bath home in a great Tempe location! A carport parking and a lovely desert front yard are just the beginning. The interior boasts clean lines that promote a modern feel! Enhanced by a neutral palette, tons of natural light, and wood-look flooring throughout. The seamlessly flowing open layout is designed for everyday living & entertaining! The kitchen boasts SS appliances, granite counters, subway tile backsplash, a pantry, recessed lighting, and an island w/breakfast bar. The primary bedroom has a private bathroom for added comfort. Check out the large backyard, which offers a covered patio, storage shed, and a play area w/basketball hoop! Easy access to the I-0 & US-60! Ready to move in!

3111 S Edward Drive, Tempe

Listing courtesy of Listing Agent: Rio Vidrio (602-872-0267) from Listing Office: A.Z. & Associates.

Selling Office: eXp Realty.

$119,900
3 Beds ⋅ 2 Baths ⋅ 6996914 MLS
LENDER OWNED! Clean, modern 3-bedroom, 2-bath 2016 Cavco manufactured home in a desirable Tempe location. Features an open floor plan with vaulted ceilings. ALL AGES WELCOME! Community amenities galore, include a pool, spa, rec center and MORE! LEASED LAND COMMUNITY. Space rent is $809 per month.

400 W Baseline Road Unit 48, Tempe

Listing courtesy of Listing Agent: Jo Ann M Marrese (888-832-8647) from Listing Office: Unique Homes Realty, Inc.

Selling Office: eXp Realty.

$255,000
1 Beds ⋅ 1 Baths ⋅ 6996743 MLS
Enjoy the best of Downtown Tempe living in this charming first-floor, 1-bed, 1-bath condo steps from Mill Ave shops, restaurants, and nightlife, ASU's Tempe campus, Tempe Town Lake, and the light rail. Tucked away in a quiet corner of the community, this end-unit condo provides added privacy away from public walkways along with a relaxing private patio. Inside, you'll find a cozy fireplace, convenient in-unit laundry, and views of A Mountain right from your kitchen window. Situated in a high-demand rental community popular with university students, faculty, and professionals, this property also presents an excellent investment opportunity. Community includes a pool, hot tub, and BBQ area. Unit includes one designated covered parking space in the garage below

154 W 5th Street Unit 105, Tempe

Listing courtesy of Listing Agent: Amy Brooks (480-529-5893) from Listing Office: HomeSmart.

Selling Office: DeLex Realty.

$276,000
2 Beds ⋅ 3 Baths ⋅ 6996720 MLS
Beautifully updated townhome in Los Prados in prime location close to ASU plus all the shopping, dining, & entertainment that downtown Tempe has to offer. This light, spacious home overlooks one of the two sparkling community pools, & features all new plank flooring, two new windows, a convenient half bath downstairs, spacious screened-in patio and balcony. Large, comfortable living and dining area, plus bright, open kitchen with tons of storage and newer appliances. Upstairs has been reconfigured to create two primary suites each with ensuite baths for greater convenience and privacy, ideal arrangement for roommates or guests! No rental restrictions in the community, and HOA covers trash, water, sewer, pest control & exterior maintenance. Beautiful home in an ideal, peaceful location.

1321 S Mckemy Street, Tempe

Listing courtesy of Listing Agent: Max Shadle (480-201-2383) from Listing Office: Redfin Corporation.

Selling Office: HomeSmart.

$320,000
1 Beds ⋅ 1 Baths ⋅ 6996596 MLS
Welcome to urban living at its finest in the heart of Tempe! Located at 420 W. First St #319, this spacious and stylish 1-bedroom, 1-bathroom condo with a full loft/den offers 1,035 square feet of thoughtfully designed living space. You'll love the soaring ceilings, true hardwood floors, and natural light that floods the open floorplan. The loft area includes a built-in Murphy bed--perfect for guests, a home office, or creative flex space. The kitchen is complete with a breakfast bar and refrigerator, making it ideal for casual dining and entertaining. Step outside to your private balcony and additional outdoor space, the perfect place to unwind and enjoy your morning coffee or evening sunsets.

420 W 1st Street Unit 319, Tempe

Listing courtesy of Listing Agent: Andrew Holm () from Listing Office: Citiea.
$85,000
3 Beds ⋅ 2 Baths ⋅ 6996436 MLS
Recently remodeled within the last 3 years, this beautifully updated double-wide manufactured home offers comfort, style, and affordability in a welcoming all-age family community. The spacious layout features a modern kitchen with sleek stainless-steel appliances, updated finishes, and attractive new flooring throughout. Thoughtful upgrades provide both style and peace of mind, including professional re-leveling of the home and installation of a French drain system to help maintain long-term stability. With its blend of modern updates, generous space, and family-friendly community setting, this home is a fantastic opportunity for buyers seeking move-in-ready value. A Transferable Home Warranty through Liberty Home Guard is in effect until 9/23/2028

2340 E University Drive Unit 144, Tempe

Listing courtesy of Listing Agent: Iris Lash -Pitterson (623-695-1324) from Listing Office: eXp Realty.

Selling Office: eXp Realty.

$355,000
2 Beds ⋅ 3 Baths ⋅ 6996320 MLS
Buyer didn't qualify! Highly upgraded home in smaller, more desired location w/in the Pepperwood Townhomes community. Home offers 2 large master suites w/ large walk-in closets and a half-bath for guests. Home has been remodeled into a large greatroom space with lots of quartz countertop space. Modern kitchen, large garage. Covered back patio has pavers, built-in fireplace, built-in planter and built-in grill. Pool and spa just 3 units down. Extra parking for RVs, Boats, Vehicles, extra guests. Bus stop at the end of Colgate. Popular Kiwanis Park around the corner. Close to I-10, 202 and 101 freeways. Phoenix Sky Harbor airport about 15 minutes away. New AC 3 years ago, new roof coating, new roof tiles, new garage door and new outside paint. All electrical was rewired during renovation.

524 W Colgate Drive, Tempe

Listing courtesy of Listing Agent: Edward L Koonse (602-620-7677) from Listing Office: New Perspective Realty.

Selling Office: Silverado Realty Services, LLC.

$389,990
2 Beds ⋅ 1 Baths ⋅ 6996260 MLS
Do NOT disturb tenants, drive-by Only! GREAT INVESTMENT property or a beautiful home to experience lifelong memories in! 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; carport, and features a huge block fenced backyard and more! Well maintained, remodeled in 2015 with all new interior: flooring, kitchen cabinets/countertops, blinds, plumbing, bathroom, light fixtures and ceiling fans, doors, baseboards, hardware, Trane AC, and more! Freshly painted exterior and interior in 2026. Location, Location, Location: just 1/2 mile to 202/Scottsdale Rd, less than a mile to Tempe Town Lake, ASU, Hwy 101, and only a few miles to Mill Ave, Old Town Scottsdale, Sky Harbor Airport and more! Mass transit abounds: Orbitz bus, Valley Metro, mini light rail, and Light Rail. This home backs up to the commercial corner of Scottsdale Rd and Curry - so possible potential there also... check out the plat! Unique opportunity in a top location. Buyer to verify all facts and figures with city of Tempe etc. Please don't disturb the tenants by walking the lot without permission from agent. THANK YOU!

925 E Henry Street, Tempe

Listing courtesy of Listing Agent: Bruce Swift (480-766-6695) from Listing Office: Windermere Real Estate & Property Management.
$394,990
2 Beds ⋅ 1 Baths ⋅ 6996224 MLS
Do NOT disturb tenants, drive-by Only! Looking for updated, like-new home that's in move-in condition? Or a great investment opportunity? Look no further! This beautiful home was upgraded/remodeled by the city of Tempe in 1990 as part of their community plan, and then Completely updated by current owner in 2021! HUGE LOT, with rare R-2 ZONING! PLENTY of land and adequate zoning to add a rental property!! PLUS, opportunity to add more sf to the existing homes to increase value etc., and seller has plans with permits ready to go, buyer to verify all with city of Tempe. 2021 updating/Interior: all new flooring, kitchen cabinets/countertops, plumbing, bathroom, light fixtures and ceiling fans, doors, baseboards, paint, blinds, hardware; kitchen appliances and more Location, Location, Location: just 1/2 mile to 202/Scottsdale Rd, less than a mile to Tempe Town Lake, ASU, Hwy 101, and only a few miles to Mill Ave, Old Town Scottsdale, Sky Harbor Airport and more! Mass transit abounds: Orbitz bus, Valley Metro, mini light rail, and Light Rail.

933 E Harry Street, Tempe

Listing courtesy of Listing Agent: Bruce Swift (480-766-6695) from Listing Office: Windermere Real Estate & Property Management.
$365,000
3 Beds ⋅ 2 Baths ⋅ 6996015 MLS
Prime Tempe Investor Opportunity! Ideal location just 1.5 miles from Arizona State University near McClintock & Broadway. Situated on an interior north/south lot with no HOA. Outstanding potential for renovation, rental income, or resale in a highly desirable Tempe neighborhood where single-family homes at this price point are becoming increasingly rare. Strong upside potential with remodeled homes nearby selling around $500K+, creating an excellent value-add opportunity for investors or buyers looking to build equity. Hard-to-find entry point into the Tempe market in a location with consistent demand driven by ASU and nearby employment centers. Sold AS-IS. Opportunities like this near ASU rarely last long.

1412 E Broadmor Drive, Tempe

Listing courtesy of Listing Agent: Aladin S. Abdin (602-448-3805) from Listing Office: Russ Lyon Sotheby's International Realty.

Selling Office: HomeSmart.

$24,000
2 Beds ⋅ 2 Baths ⋅ 6995231 MLS
Very large doublewide home featuring 2 bedrooms and 2 bathrooms with a spacious and functional layout. The home offers separate living and dining rooms, plus a large enclosed Arizona room with a pet-friendly area in the back. The kitchen provides plenty of storage, a farmhouse sink, double ovens, and a flat-top range. Enjoy the generous living and dining spaces along with an indoor laundry room. The primary bathroom includes a dual-sink vanity and relaxing garden tub, while the second bathroom features a walk-in shower. Located in a convenient area near major freeways. Pet fencing is allowed. The community welcomes 40+ residents and offers a clubhouse with a pool, spa, card room, and bingo/reception area. Stone accents on the front give the home a modern look.

2609 W Southern Avenue Unit 60, Tempe

Listing courtesy of Listing Agent: Kristi Reckard (480-650-5525) from Listing Office: Realty ONE Group.

Selling Office: Realty ONE Group.

$249,999
1 Beds ⋅ 1 Baths ⋅ 6995021 MLS
NEW KITCHEN, SAME GREAT PRICE. Location? Unbeatable. Minutes from the 101, the 60, ASU, MCC, and everything you need in between. This place has character, a spiral staircase leads up to a spacious loft with a walk-in closet that works as a second bedroom, office, or whatever you need it to be. The primary bedroom is downstairs with its own walk-in closet and new flooring. The kitchen has been updated with a brand-new microwave and dishwasher, major plumbing upgrades are already done, and the direct-entry garage makes daily life easy. Out front? A greenbelt, not a parking lot. Community pool, spa, and fitness center included. Furniture available separately. This one checks a lot of boxes.

2333 E Southern Avenue Unit 2016, Tempe

Listing courtesy of Listing Agent: Tara R Keator (480-703-3112) from Listing Office: Real Broker.

Selling Office: MovingAZ Realty, LLC.

$267,000
2 Beds ⋅ 3 Baths ⋅ 6994907 MLS
Welcome to this beautifully updated 2-bedroom, 2.5-bath townhome in a prime Tempe location just minutes from ASU, major freeways, shopping, dining, and Phoenix Sky Harbor Airport. Step inside to discover a low-maintenance, move-in-ready home featuring new windows, no carpet, and modern finishes throughout. The open main floor offers a comfortable living area, dining space, and a convenient updated half bath--perfect for guests. Upstairs, you'll find two spacious bedrooms, each with its own bathroom, providing ideal comfort for roommates, guests, or a work-from-home setup. All bathrooms have been updated, blending functionality with contemporary appeal. With its unbeatable location, thoughtful layout, and fresh updates, this townhome is the perfect blend of convenience and comfort.

834 W 14th Street, Tempe

Listing courtesy of Listing Agent: Dominic Lionel Hernandez (480-330-0996) from Listing Office: Coldwell Banker Realty.

Selling Office: Redfin Corporation.

$352,500
6994729 MLS
This offering represents a rare opportunity to acquire a prime infill development site located 1/2 mile from Arizona State University's Main Campus, positioned squarely in the heart of Tempe's most active residential corridor. With Medium-Density Residential zoning already in place, the property supports the development of four townhome units, the configuration most aligned with demand trends, buildability, and exit value in this submarket. The site is ideally situated within a high-barrier-to-entry area characterized by persistent land scarcity, escalating construction activity, and stable long-term growth. Its proximity to ASU ensures a strong, consistent student housing demand base, while also attracting young professionals seeking well-located urban housing near employment, entertainment, transit, and the Mill Avenue District.

1201 S Farmer Avenue Unit 1, Tempe

Listing courtesy of Listing Agent: Olivia Guza (406-580-2876) from Listing Office: Compass.

Selling Office: Non-MLS Office.

$255,000
2 Beds ⋅ 1 Baths ⋅ 6994566 MLS
Wood-burning fireplace. Quartz countertops. Samsung Smart kitchen. This isn't a cosmetic touch-up -- it's a complete, top-to-bottom transformation in one of Tempe's best-located communities. Every inch has been upgraded: new LVP flooring, fresh paint, recessed lighting, beautifully updated bathrooms, and new ABS plumbing for total peace of mind. The modern kitchen features quartz countertops, a breakfast bar, and a full suite of Samsung Smart stainless-steel appliances. Come home to a wood-burning fireplace and vaulted ceilings that make 812 square feet feel genuinely spacious. The attached garage goes beyond storage -- it's equipped with a 220V EV outlet, a rarity at this price point. Step outside to resort-style amenities: sparkling pool, jacuzzi, lush green spaces, and picnic, all within a secure gated community. Location-wise, it doesn't get more central: minutes from ASU, Mill Avenue, Tempe Town Lake, Sky Harbor Airport, major freeways, hiking trails, and the valley's best dining and shopping. Whether you're a buyer looking for a move-in-ready home or an investor eyeing strong Tempe rental demand, this one delivers on every front.

4901 S Calle Los Cerros Drive Unit 202, Tempe

Listing courtesy of Listing Agent: Bejan Parivar (626-437-5604) from Listing Office: Realty ONE Group.

Selling Office: eXp Realty.

$230,000
2 Beds ⋅ 2 Baths ⋅ 6994469 MLS
Charming patio home in the sought-after University Shadows community in Tempe. This 2-bedroom, 2-bath residence offers comfortable single-level living with an inviting open layout and plenty of natural light throughout. The spacious living area features beautiful wood-look flooring and exposed beams. The kitchen is both stylish and functional, featuring skylights and ample storage, while the dining area provides the perfect spot for everyday meals or hosting friends. The primary suite offers a peaceful retreat with its own bathroom and direct access to the patio. Enjoy outdoor living on the private patio and take advantage of the fantastic community amenities including a pool, spa, tennis courts, and clubhouse. Ideally located near shopping, dining, freeway access, and all that Tempe has to offer, this home is perfect for a primary residence, seasonal retreat, or investment opportunity!

618 S Allred Drive, Tempe

Listing courtesy of Listing Agent: Danielle Bronson (503-752-9358) from Listing Office: Redfin Corporation.

Selling Office: Realty ONE Group.

$375,000
3 Beds ⋅ 1 Baths ⋅ 6993606 MLS
Charming brick home in a prime Tempe location less than 1 mile from Arizona State University and minutes from Tempe Town Lake. Potential exists to expand the square footage on side and backyard. Adding additional room/bath/or casita. Perfect setup for AIRBNB or student housing. Convenient access to the Loop 202 makes commuting around the Valley easy. This property features solid brick construction and recent improvements including a new rolled roof and updated plumbing, providing a strong foundation for future updates or immediate occupancy. No HOA, offering flexibility for homeowners or investors.

1064 W 5th Street, Tempe

Listing courtesy of Listing Agent: Eric Saul (480-241-1893) from Listing Office: Your Home and Future, LLC.
$230,000
2 Beds ⋅ 1 Baths ⋅ 6993547 MLS
Prime Tempe Opportunity & PRICED TO SELL! This 2 bed, 1 bath condo in Rio Salado Villas offers incredible potential for a lock-and-leave residence or as an investment property. Inside, the layout features an open living & dining area with tile flooring & a cozy fireplace, plus a functional kitchen with ample cabinetry. One bedroom includes a walk-in closet, while the full bath offers a dual vanity & shower/tub combo. Enjoy access to the community pool & well-maintained grounds, all in an unbeatable Central Tempe location near the highly desirable ASU campus, Tempe Town Lake, Tempe Center for the Arts, Mill Avenue's restaurants & shops, Phoenix Sky Harbor Airport & major freeways including Loop 202, AZ-143 & I-10. Great bones with a fantastic opportunity to add value in one of Tempe's most convenient locations.

1245 W 1st Street Unit 213, Tempe

Listing courtesy of Listing Agent: Kim Panozzo (480-307-8326) from Listing Office: HomeSmart.

Selling Office: My Home Group Real Estate.

$315,000
2 Beds ⋅ 2 Baths ⋅ 6993378 MLS
Move-in ready and ideally located, this beautifully updated condo offers both comfort and convenience just 5 minutes from Arizona State University and moments from vibrant dining, shopping and entertainment of Mill Avenue. Inside, you'll find a bright and open layout featuring fresh interior paint and a clean, modern feel throughout. The kitchen is equipped with stainless steel appliances, while the in-unit washer and dryer provide convenience. Exterior AC unit was replaced in 2022, giving you added peace of mind for years to come. Unit also includes an extended 1-car garage plus an additional assigned parking space. This is the perfect ideal opportunity for a primary residence, ASU student, or investment property in a highly desirable Tempe location!

1445 E Broadway Road Unit 208, Tempe

Listing courtesy of Listing Agent: Brigette Alvarez (623-478-9356) from Listing Office: A.Z. & Associates.

Selling Office: United Real Estate Specialists.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS®,