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Browse All Tempe AZ Between $400K - $500K Properties for Sale

$400,000
2 Beds 2 Baths 7066123 MLS
Discover easy, low-maintenance living in the desirable Warner Ranch community of South Tempe! This charming single-level home offers 2 bedrooms, 2 baths, 1,289 sq. ft. and a 2-car garage. An incredible opportunity is the existing assumable VA loan with an interest rate of just 2.25%--and the loan may be assumable by VA and non-VA buyers alike, subject to lender approval and qualification. Ask for details! Step through the private front courtyard into a bright, open living and dining area featuring vaulted ceilings and an updated wood-burning fireplace. The kitchen offers granite countertops, stainless steel appliances, ample cabinetry and a convenient breakfast area. Both bedrooms feature tile flooring, with the spacious primary suite offering two closets, patio access and an updated bath with dual sinks and a beautifully tiled shower. The guest bath has also been updated with granite counters, upgraded lighting and a tub/shower combination. Outside, enjoy a private, low-maintenance backyard with plenty of possibilities for creating your own outdoor retreat. A newer Trane HVAC system adds to the appeal, while the community swimming pool gives you a place to cool off without the upkeep of your own pool. Conveniently located near shopping, dining, freeways and everything South Tempe has to offer. A 2.25% assumable loan is something you don't see every day! Get the details on this unique financing opportunity.

42 W Calle De Arcos --, Tempe

Listing courtesy of Listing Agent: Patrick M Monahan (480-540-7900) from Listing Office: Citiea.

$450,000
4 Beds 3 Baths 7064949 MLS
Positioned in one of Tempe's most desirable corridors near Arizona State University, this turnkey 4-bedroom, 3.5-bathroom home offers exceptional cash flow and versatility. The well-maintained, 3-level interior features modern finishes, durable flooring, and a rare finished basement complete with its own bedroom, full bathroom, laundry, and secondary living space--ideal for multi-generational living or roommate quarters. Outside amenities include a garage, carport, additional parking, and a private enclosed patio yard. Currently tenant-occupied at approximately $2,900 per month, this move-in ready property serves as an immediate, low-cap-ex investment or a centrally located primary residence. The smart floor plan centers around a bright main-level living area and kitchen, complemented by private upstairs bedroom suites and reliable HVAC systems throughout, making the basement retreat equally functional as a dedicated home office. Location highlights include unbeatable access to campus via walking, biking, or the free Orbit shuttle, while placing residents just minutes from Mill Avenue dining, Tempe Town Lake, and major freeways. With strong appreciation potential, it remains an equally attractive long-term opportunity for owner-occupants or parents seeking prime, comfortable housing for ASU students.

2016 S Hammond Drive Unit 104, Tempe

Listing courtesy of Listing Agent: Jacob Rockwell (541-292-6962) from Listing Office: eXp Realty.

$500,000
3 Beds 2 Baths 7064290 MLS
Thoughtfully upgraded single story 1908 sqft, 3 bed, +den, 2 bath, 2 car-g, 413 E Balboa Dr. Tempe, AZ 85282 is nestled in the heart of Tempe *Cavalier Campus community, one of Tempe's most treasured neighborhoods! NEW ROOF! NEW Interior/Exterior paint, NEW LVP flooring, Partially upgraded kitchen with GRANITE, NEW Deep Stainless-Steel Sink & NEW faucet, Dual-pane windows, NEW Garage Door, NEW Block back-wall, NEW professionally landscaped back-yard with Artificial turf, NEW water heater, NEW driveway epoxy, well thoughtfully updated residence blends timeless character with the modern comforts today's buyers value most. Whether entertaining friends or enjoying everyday moments, the spaces flow effortlessly together. It's a home designed for gathering, growing, celebrating, and living well. A standout feature is the spacious primary bathroom and ample storage spaces throughout. Home offers exceptional flexibility for multigenerational living, a private office off the kitchen and well allocated permitted extension off the kitchen to provide additional entertaining or private family room. Step outside to peaceful outdoor living spaces surrounded by lush landscaping, NEW artificial turf, where morning coffee, evening conversations, and weekend gatherings become part of everyday life. Enjoy easy access to freeways, local restaurants, hospitals downtown sporting venues, and some of Tempe's/Phoenix's best cultural destinations. (rare, original owners) Tour Today!

413 E Balboa Drive, Tempe

Listing courtesy of Listing Agent: Monica Astorga (480-748-0194) from Listing Office: Realty ONE Group.

$425,000
3 Beds 2 Baths 7060510 MLS
Welcome to this beautifully maintained home in the heart of Tempe, offering the perfect combination of comfort, convenience, and location. This inviting residence features a spacious and functional floor plan filled with natural light, creating a warm and welcoming atmosphere from the moment you step inside. The open living and dining areas flow seamlessly into the well-appointed kitchen, complete with ample cabinetry, generous counter space, and a layout designed for both everyday living and entertaining. The spacious primary suite provides a private retreat with an en-suite bathroom and generous closet space, while the additional bedrooms offer flexibility for family, guests, a home office, or hobby room. Neutral finishes throughout make this home move-in ready while allowing you to.. allowing you to easily add your own personal style. Step outside to enjoy a private backyard with plenty of room to relax, entertain, or create your own outdoor oasis. Whether you're hosting weekend barbecues, gardening, or simply enjoying Arizona's beautiful weather, this outdoor space offers endless possibilities. Ideally located just minutes from Arizona State University, Tempe Town Lake, Mill Avenue, Kiwanis Park, shopping, dining, and entertainment, this home also offers convenient access to the US-60, Loop 101, Loop 202, and I-10, making commuting throughout the Valley a breeze. Situated in one of Tempe's most desirable established neighborhoods, this property is an excellent opportunity for homeowners, investors, or anyone looking to enjoy everything Tempe has to offer. Don't miss your chance to own this exceptional home in a prime location!

324 W Santa Cruz Drive, Tempe

Listing courtesy of Listing Agent: Jerry P Brandvig (661-435-0459) from Listing Office: Keller Williams Integrity First Realty.

$459,000
3 Beds 3 Baths 7060305 MLS
Welcome to this beautifully appointed 3-bedroom, 2.5-bath corner-end unit located in a gated community in one of Tempe's most desirable locations. Offering the perfect combination of style, comfort, and convenience, this home is ideal for both owner-occupants and investors alike. Step inside to discover soaring ceilings, abundant natural light, and an open-concept great room enhanced by recessed lighting. The thoughtfully designed kitchen features stainless steel appliances, a spacious dining area, and a large island with bar seating--perfect for entertaining or casual everyday living. A convenient powder room completes the main level. Upstairs, you'll find a private primary suite, two generously sized guest bedrooms, a full secondary bathroom, and an upstairs laundry room for added convenience. Enjoy one of the larger outdoor spaces in the community with a spacious backyard that's perfect for pets, entertaining, or creating your own outdoor retreat. A private two-car garage adds even more functionality. Residents enjoy exceptional community amenities, including an Olympic-size swimming pool, heated spa, BBQ area, and a dedicated dog park. Location is everything, and this home delivers. Just minutes from Sloan Park, home of the Chicago Cubs Spring Training, Tempe Marketplace, Mesa Riverview, and Arizona State University, you'll have easy access to premier shopping, dining, entertainment, and recreation. With quick access to major freeways and close proximity to ASU, this property also presents an outstanding opportunity for investors seeking strong rental demand from students and professionals alike. Whether you're searching for your next home or a smart investment in the heart of the Valley, this exceptional Tempe condo offers the lifestyle, location, and value you've been waiting for.

280 S Evergreen Road Unit 1368, Tempe

Listing courtesy of Listing Agent: Marcus A Pomeroy (623-556-7626) from Listing Office: Revinre.

$499,900
3 Beds 2 Baths 7057754 MLS
Welcome to 326 E. Huntington Dr., Tempe, AZ 85282, where modern upgrades, an unbeatable location, and exceptional privacy come together to create the perfect place to make home. This beautifully renovated, move-in-ready townhome has been thoughtfully updated from top to bottom, offering the ideal combination of style, comfort, and low-maintenance living. From the moment you step inside, you'll appreciate the bright, open layout, contemporary finishes, and inviting living spaces designed for both everyday living and effortless entertaining. Every detail has been carefully considered, making this home truly turnkey so you can simply move in and start enjoying everything Tempe has to offer. What truly sets this home apart is its premium location within the community. Unlike most units, this desirable townhome is uniquely surrounded by expansive grassy common areas to the right side and rear of the property, creating a peaceful setting with added privacy, beautiful views, and a spacious feel that's rarely available. Enjoy your morning coffee or unwind after a long day on the private patio while overlooking the lush greenbelt instead of neighboring homes. MAJOR 2026 UPDATES INCLUDE: AC REPLACED 2026 ROOF RECOATED 2026 ALL SEWER LINES RELINED 2026 Location is everything, and this home delivers. Ideally situated in the heart of Tempe, you're just minutes from Arizona State University, Tempe Marketplace, Mill Avenue, Sloan Park, Tempe Town Lake, top-rated restaurants, shopping, entertainment, and endless recreation. Commuting is effortless with quick access to Loop 101, Loop 202, US-60, and I-10, placing the entire Valley within easy reach. Whether you're a first-time homebuyer, investor, busy professional, or looking to downsize without sacrificing quality or location, this home checks every box. Opportunities like this don't come around often, especially with extensive recent improvements, unmatched privacy within the community, and a prime Tempe location. Homes with this level of updating, privacy, and location don't stay on the market long. Experience everything this exceptional townhome has to offer!

326 E Huntington Drive, Tempe

Listing courtesy of Listing Agent: Cesar Maldonado (480-720-7628) from Listing Office: Networth Realty of Phoenix.

$495,000
4 Beds 2 Baths 7051145 MLS
Do NOT disturb tenants, DRIVE-BY ONLY! Rare opportunity to own a home in the heart of Tempe WITH A STUDIO CASITA - close to ASU! Very charming, low maintenance & UPDATED!! This would make a great rental investment (currently rented for $2,500/mo) or live in the home and rent the casita for rental income; or use the casita as you like! AMAZING LOCATION: A short 2 min walk to the Blue Orbitz Bus (with connections to the Light Rail) and Valley Metro Bus pickups! Less than a mile to the 202! Just a 5 min drive to Sky Harbor Airport, 10 min drive to Downtown Phoenix and Old Town Scottsdale! Only a 5 min walk to the Light Rail, Mill Ave restaurants, shopping and nightlife, Tempe Beach Park and the ASU campus! Large concrete rear patio and new synthetic grass yard - with lots of room for pets, play, entertaining and more. New in 2023: fully remodeled kitchen and casita; all new interior doors, hardware, blinds, lighting, ceiling fans, interior and exterior painting; and newer roof and AC! Open, bright and very well maintained. Vaulted ceilings, warm custom paint tones and attractive low maintenance tile flooring throughout. Kitchen boasts gas cooking, all newer white shaker cabinets with quartz countertops, undermount sink, and ample cabinet and counter space. Bedrooms are generously sized with ceiling fans in each, and closet organizers. Private indoor laundry. Fully enclosed front and rear yards with no fuss landscaping. No HOA. This gem is a great combination of style and location - see it and make it yours - won't last long!! More photos coming soon!

315 S Beck Avenue, Tempe

Listing courtesy of Listing Agent: Bruce Swift (480-766-6695) from Listing Office: Windermere Real Estate & Property Management.

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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®,

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