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$998,000
4 Beds ⋅ 3 Baths ⋅ 7074836 MLS ⋅ 3,461 SqFt.
Late midcentury ranch meets desert contemporary in this one-of-a-kind custom home in highly coveted Alameda Estates. Warm earth tones, natural wood textures and playful patterns create a distinctive style, while soaring vaulted ceilings with exposed wood beams bring dramatic volume. Wood-framed doors add character throughout. The grand primary suite features a generous seating area, and nearly every bedroom offers a walk-in closet. An oversized pantry provides incredible storage or flexible bonus space. Set on a massive cul-de-sac lot with endless possibilities and topped with a new roof, this truly cool home offers personality, space and an exceptional location in the heart of Tempe

123 E Loma Vista Drive, Tempe
$995,000
7077345 MLS
PRIME TEMPE DEVELOPMENT OPPORTUNITY | RARE MULTIFAMILY BUILD SITE NEAR ASU | TWO PARCELS, ENDLESS POTENTIAL A rare opportunity to secure a prime redevelopment site in the heart of Tempe, just minutes from ASU. Located in one of the Valley's most sought-after multifamily submarkets, this offering includes two parcels, 124-70-002 and 124-70-003, with R-3 zoning allowing medium-density multifamily development. Whether you're an investor or developer looking to capitalize on the area's strong student-housing demand and proximity to ASU, this site offers an opportunity to bring your vision to life. Purchase both parcels together or separately, providing flexibility to suit your development strategy. Opportunities of this scale and proximity to ASU are rare to find.

1031 S Farmer Ave Lots 7 & -- Unit 8, Tempe
$995,000
2 Beds ⋅ 3 Baths ⋅ 7001309 MLS ⋅ 1,968 SqFt.
Experience elevated waterfront living at Edgewater, where unobstructed views of the lake and the iconic Mill Avenue Bridge create a striking backdrop to everyday life. Expansive picture windows immediately draw your attention outward as rowing crews glide across the water, cyclists trace the shoreline, and the energy of downtown unfolds just beyond. The open concept design is intentional, maximizing natural light while seamlessly connecting interior living spaces to the surrounding scenery. This unique two bedroom, two and a half bathroom floor plan offers noticeably more living space than similar units on higher floors due to the architectural shape of the building, creating a larger and more functional layout that is rarely available. The guest suite is exceptionally spacious and currently accommodates two queen Murphy beds, a standup desk, and dedicated space for yoga and fitness, making it larger than many primary suites within the building. The guest bathroom is positioned just off the suite, while an additional half bath near the entry foyer allows for effortless hosting of both long term guests and everyday entertaining. The primary suite serves as a true retreat, offering generous proportions with an oversized layout that provides more than enough space for a king sized bed, a dedicated office or desk setup, or an additional sitting area. The spa inspired bathroom is designed for both comfort and privacy. Two private balconies provide front row access to morning sunrises and vibrant Arizona sunsets reflected across the water. The kitchen is both functional and refined, anchored by a waterfall island and designed to flow seamlessly into the main living and dining areas. Additional features include engineered hardwood flooring, automated Hunter Douglas window coverings, a gas fireplace, and secure parking with climate controlled storage. Located within Edgewater at Tempe Town Lake, this iconic building offers a full suite of resort style amenities. Residents enjoy a gated garage, a front desk attendant with on site security, a pool and jacuzzi, fitness center, and a private community lawn with lounge areas and grills. Additional shared spaces include a clubhouse with kitchen, television lounge and a pool table room. Direct access to Tempe Town Lake's dock, as well as immediate connection to the lake's walking and biking paths, places the outdoors at your doorstep. Edgewater is professionally managed with on site HOA management and strong reserves, offering peace of mind through thoughtful, well maintained operations. With A Mountain and Tempe Town Lake as your playground and seamless access to Tempe, Phoenix, and Scottsdale, this residence delivers a rare balance of tranquility, convenience, and iconic desert living.

120 E Rio Salado Parkway Unit 204, Tempe
$975,000
7 Beds ⋅ 7 Baths ⋅ 7042057 MLS ⋅ 2,597 SqFt.
WOW! 7 bedroom & 7 bathroom home! Completely renovated with city approved permits! This exceptional property is a very high grossing rental investment, offering strong income potential. Recent upgrades include all new sewer lines, bathroom plumbing, new electrical/new city meter, and newer AC's! Enjoy 2 new tankless water heaters, seven fully updated bathrooms, new flooring throughout, and all new windows and doors. The exterior has been transformed with fresh stucco/paint, along with new driveway pavers. This is a turnkey property with modern systems and excellent rental appeal! Ideally situated in the heart of Tempe, this remarkable property is just one block from ASU and within walking distance of Mill Avenue's vibrant dining, shopping, and entertainment scene. DON'T WAIT !!

725 E Encanto Drive, Tempe
$959,000
3 Beds ⋅ 4 Baths ⋅ 6987756 MLS ⋅ 3,176 SqFt.
Waterfront home on The Island - A Rare Opportunity (only 3 waterfront homes on Lighthouse Lane have sold in the last 20+ years). Expansive Lake Views from almost every room in this 3 Bed + den/3.5 Bath house with endless possibilities for a homeowner or investor - check out the comps! The main level features an elevated view of the lake and a full length covered balcony, a large living room with vaulted ceilings, kitchen, breakfast room, den and an oversized 3-car garage with plenty of storage and room for a workshop. Downstairs features all three bedroom suites, creating a private sleeping quarters floor separate from the main living areas! Be sure to check out all the amenities offered at the clubhouse which include a heated junior olympic pool, cardio/fitness rooms, tennis and pickleball courts, and much more! You'll Love Living in The Lakes!

5445 S Lighthouse Lane, Tempe
$929,000
3 Beds ⋅ 4 Baths ⋅ 7009630 MLS ⋅ 2,114 SqFt.
New Houses, New subdivision in the Country Club Way subdivision in the heart of Tempe. Across the street from the previous Shalimar Golf Course. This new exclusive housing subdivision is equipped with well thought out high end finishes throughout. Pre-wired for smart housing and an EV in the garage. The builder is currently in the process of finalizing the homes, bringing together all elements for a completed, move-in-ready product. Finished home should be ready by May of 2026.

3230 S Country Club Way, Tempe
$915,000
5 Beds ⋅ 3 Baths ⋅ 7063613 MLS ⋅ 2,998 SqFt.
Located in the highly sought after Camelot Village community in South Tempe, this beautifully updated home offers the perfect blend of space, style, and function. Featuring five bedrooms and three full bathrooms, this stunning home boasts a fully remodeled kitchen, an oversized wraparound peninsula, abundant updated cabinetry and marbled quartz countertops. The show stopper is a custom Lacanche 54-inch gas range including a French hot plate, griddle, multiple burners and electric double ovens. This custom range was handcrafted in Burundy, the birthplace of French cuisine and shipped to Tempe, Arizona. In addition, there is a wall oven and microwave making this kitchen a cook's dream! Throughout the house there are multiple updates including a vaulted tongue and groove ceiling with built in can lights, custom tilt-turn European windows and beautifully updated light fixtures throughout. The two secondary baths have been fully renovated with exquisite marble tile work, while large, upgraded windows fill the home with natural light. You'll also enjoy the bonus space attached to the primary bedroom that could be used as a sitting room or office space. Step outside to your own backyard oasis. It is truly an entertainer's dream! With thoughtful updates, generous living space, an unbeatable South Tempe location, and no HOA, this is a home you won't want to miss!

1956 E Carmen Street, Tempe
$900,000
6 Beds ⋅ 3 Baths ⋅ 7048134 MLS ⋅ 2,926 SqFt.
No HOA! This beautifully recently updated pool & Casita property comes loaded with premium improvements and exceptional features. Enjoy the peace of mind that comes with all-new sewer lines, a new roof, new energy-efficient windows, new flooring, new interior and exterior paint, new baseboards, new French doors, and remodeled bathrooms throughout. The bright, modern kitchen features new white cabinetry, a large island with granite countertops, stainless steel appliances, and a new microwave. Enjoy the holidays around your refinished wood-burning fireplace in the large living room off the kitchen. Step outside to your private backyard retreat, complete with a large diving pool, artificial grass, and a newly refinished patio--perfect for entertaining or relaxing. The spacious, privately fenced lot offers plenty of room to enjoy Arizona living, and you will appreciate the complete privacy of a huge lot with no homes behind you. Car enthusiasts, hobbyists, or those needing extra workspace will appreciate the air-conditioned 4-car garage. The separate backyard casita-guest house has its own air conditioning and provides flexibility for guests or rental income. The front yard has all-new landscape rock for a low-maintenance yard.

2515 S Palm Drive, Tempe
$865,000
4 Beds ⋅ 3 Baths ⋅ 7042871 MLS ⋅ 2,512 SqFt.
Welcome home to this beautifully updated residence in Estate La Colina. Designed for comfortable family living, it features a remodeled kitchen with custom cabinetry, premium Café appliances, and quality craftsmanship throughout. Rich hardwood floors enhance the main living areas, creating a warm, elegant atmosphere. The flexible floor plan includes a main-level bedroom and full bath, ideal for guests, a home office, or multigenerational living. Upstairs, the spacious primary suite offers a private balcony, while two additional bedrooms and a secondary bath complete the level. Enjoy the benefits of fully owned solar panels and no HOA fees. With its prime location, thoughtful upgrades, beautiful outdoor space, and exceptional value, this home is a rare opportunity.

1983 E Palomino Drive, Tempe
$850,000
5 Beds ⋅ 4 Baths ⋅ 7009295 MLS ⋅ 4,066 SqFt.
ONLY $220 PER SQUARE FT FOR A 5 BEDROOM HOME IN TEMPE!!! Stunningly UPDATED 5-Bedroom/3.5 Bath in highly desirable 'Estate la Colina' offers lots of personal space for a large or multi-generational family! NEW extra-large plate-glass front Window! Kitchens and Bathrooms professionally remodeled. NEW Flooring & fresh Paint thru-out. NEW Fans & Lighting. NEW Pavers. Classy NEW Front Door. NEW Garage Door. NEW water heater. Two Master Bedrooms ~ one downstairs, one upstairs. Upstairs Master boasts NEW Custom Closet System, Balcony to enjoy sunsets! Separate entrance for downstairs Master Bedroom. NEW Gourmet Kitchen with NEW bonus coffee Bar, access to Courtyard Patio with garden area! Bonus/Reading Room upstairs with tons of natural light! Great neighborhood! NO HOA! Close to EVERYTHING! Backs to walking/bridle path (so no neighbor behind). Not on a thru-street, so no unnecessary neighborhood traffic. All 3 HVAC systems annually serviced. Monthly Pest elimination. Two water heaters. Water Softener & R/O Systems. Updated front landscaping. TONS of bonus Storage Rooms - who needs a basement! Dual-pane windows, Solar Screens... this is a very unique home ~ not your typical cookie-cutter!

8421 S Kenwood Lane, Tempe
$829,000
4 Beds ⋅ 3 Baths ⋅ 7069532 MLS ⋅ 2,769 SqFt.
PRICED TO SELL! Nestled in the highly sought-after Oasis neighborhood, Community walking path around the nearby lake. Close to freeways, restaurants, shopping, and part of highly rated Kyrene School District.

1979 E Chilton Drive, Tempe
$825,000
4 Beds ⋅ 3 Baths ⋅ 7058579 MLS ⋅ 1,848 SqFt.
This is the home you've been waiting for! Over $300K in improvements. Completely remodeled from top to bottom with modern luxury and exceptional craftsmanship, this stunning residence is one of North Tempe's finest. The thoughtfully designed split floor plan features two spacious primary suites with spa-inspired en-suite baths and oversized closets, offering comfort and privacy. Just blocks from ASU and Downtown Tempe, this high-producing short-term rental is an incredible investment or primary residence. Step outside to your private resort-style backyard with a sparkling pool and expansive covered patio, perfect for entertaining. Be sure to check out the extensive list of improvements--every detail has been beautifully updated!

1013 S Parkside Drive, Tempe
$800,000
6987718 MLS
LOT + PLANS for 8 Unit Townhome Community! Includes plans 8 single family attached townhomes!! 5 Parcels included. Prime Development Opportunity on University Drive. Ideal for a Commercial Site or Possibly Multi-Family Use. Rare chance to acquire a 1/2-acre assemblage on University Drive in Tempe, comprising 5 APN numbers, all selling together. This property offers expansive development potential with convenient freeway access, just 5 minutes from ASU and 11 minutes from Sky Harbor Airport. Don't miss out on this prime opportunity in a rapidly growing area!

807 S George Drive, Tempe
$800,000
6987590 MLS
Includes plans 8 single family attached townhomes!! 5 Parcels included. Prime Development Opportunity on University Drive. Ideal for a Commercial Site or Possibly Multi-Family Use. Rare chance to acquire a 1/2-acre assemblage on University Drive in Tempe, comprising 5 APN numbers, all selling together. This property offers expansive development potential with convenient freeway access, just 5 minutes from ASU and 11 minutes from Sky Harbor Airport. Don't miss out on this prime opportunity in a rapidly growing area!

807 S George Drive Unit 1, Tempe
$799,000
4 Beds ⋅ 2 Baths ⋅ 7069801 MLS ⋅ 1,905 SqFt.
Seller now offering FULLY FURNISHED! Remodeled 4-bedroom, 2-bath home with huge private backyard, extended driveway, PebbleTec lap pool and full 2-car garage. Located on a quiet cul-de-sac with no HOA, bordering South Scottsdale and close to Tempe Town Lake. The home features a large open floorplan with two living areas, brand-new waterproof wood-based flooring, smooth-texture drywall, raised ceilings, recessed lighting, energy-efficient windows and a brand-new front door. The stunning kitchen has brand-new Taj Mahal quartz countertops, soft-close shaker cabinets, gas range and a brand-new refrigerator. The home also features a tankless water heater, water softener loop and new A/C ductwork. The backyard is massive and has a huge privacy block wall, covered patio and a large LAP POOL. This is a true lock-and-leave property, move-in ready and in the best location in Cavalier Hills. Ideal for an end user, Airbnb or investor. Please come see now. You won't be disappointed.

1836 N Mcallister Avenue, Tempe
$799,000
4 Beds ⋅ 3 Baths ⋅ 7034999 MLS ⋅ 2,952 SqFt.
Tucked away on a charming street in Tempe's coveted Lakes Community, this fully renovated home awaits. The almost 3,000 square foot, 4-bedroom, 2.5-bathroom home has been transformed with LVP flooring, designer fixtures, a custom wet bar, and a new laundry room. The kitchen rivals the finest luxury homes, featuring quartzite countertops and a 62'' refrigerator. Abundant entertaining spaces and sliding glass doors open to a true backyard oasis with a revitalized pool, diving board, and fresh landscaping. Dual EV charging, epoxy garage floors, and a climate-controlled workshop add even more. Community amenities such as the heated junior Olympic lap pool, spa, tennis/pickleball and racquetball courts, plus cardio and fitness rooms mean you never have to leave. This is idyllic Lakes living.

1506 E Edgewater Drive, Tempe
$795,000
6 Beds ⋅ 4 Baths ⋅ 7074542 MLS ⋅ 2,627 SqFt.
Ideally located in a vibrant neighborhood just steps from the scenic Arizona State University campus. Explore Tempe Town Lake and Mill Avenue to enjoy weekly community events, shopping, and entertainment. Minutes from Tempe Marketplace and even more shopping and dining! The remodeled kitchen is ready for action with a Whirlpool refrigerator and dishwasher, Frigidaire gas range, quartz countertops, plenty of cabinet space, and formal dining area. The remodeled kitchen is ready for action with a Whirlpool refrigerator and dishwasher, Frigidaire gas range, quartz countertops, plenty of cabinet space, and formal dining area.

1314 E Orange Street, Tempe
$795,000
3 Beds ⋅ 4 Baths ⋅ 7074387 MLS ⋅ 2,489 SqFt.
Fresh, stylish, and completely refreshed. Step inside to soaring 20-foot ceilings, exposed brick, brand-new flooring and fresh paint throughout. The kitchen has been completely remodeled with a clean, modern finish, along with a beautifully updated bathroom. The three-level layout offers 3 bedrooms, 3.5 baths and plenty of space to spread out, including a private third-floor patio. All A/C units have been replaced within the last two years, and the 2-car garage includes a Tesla charging connection. Minutes from ASU and Downtown Tempe, this home has the updates you want, the space you need, and a location that's hard to beat.

543 W 6th Street, Tempe
$795,000
3 Beds ⋅ 1 Baths ⋅ 7029919 MLS ⋅ 1,000 SqFt.
Do NOT disturb tenants, drive-by Only! RARE opportunity to own a property just a few blocks away from Mill Ave! Located on one of the best streets - 5th St! Great R3 zoning! Large 8,300+ sf lot! New construction abounds! Urban infill at its best! - there is a new 50m+ upscale mid-rise project directly across the street that is just being completed! And less than 100 yards to the east is Farmer Ave, where hundreds of millions have been spent on a variety of commercial, multifamily, and mixed used developments, including the new Westin Vib hotel! Only a block to the Tempe Streetcar, which connects to the Light Rail, which is less than 2 min away! Walk to ASU, Mill Ave, Tempe Town Lake and more! This is a GREAT AREA!! R-3 ZONING, large/deep lot!! Perfect location for new condos/townhomes etc. Zoning should allow for 3 units but check with city as owner/agent makes no guarantees. Imagine the views from the 3rd floor rooftop balconies of the West 5 towers and the Tempe skyline, plus the mountain views!! Drive by only, do not disturb the tenants, Thx

421 W 5th Street, Tempe
$785,000
5 Beds ⋅ 3 Baths ⋅ 7078980 MLS ⋅ 2,763 SqFt.
Welcome to 563 E Krista Way, a beautifully updated 5-bedroom, 3-bathroom home in the desirable gated Coventry Tempe community of South Tempe. This spacious residence offers an inviting floor plan, modern updates, and a private backyard with a sparkling pool perfect for Arizona living and entertaining. Enjoy a 2-car garage, comfortable living spaces, and a location within the highly sought-after Kyrene Elementary and Tempe Union High School districts. Community amenities include tennis courts, playgrounds, and walking/biking paths. Conveniently located near Kiwanis Park, shopping, dining, major freeways, and everything South Tempe has to offer. A wonderful opportunity to enjoy the best of Tempe living!

563 E Krista Way, Tempe
$780,000
3 Beds ⋅ 2 Baths ⋅ 6960846 MLS ⋅ 1,753 SqFt.
Nestled in one of the most desirable neighborhoods. This bungalow has timeless architecture in a prime location, blocks from ASU. Lush landscaping on a generous lot w/flood irrigation. Main home 1,114 sf, guest space 621sf. Arched doorways & niches showcase the architecture, real wood floors add style. Natural light floods the space through the bay window , creating an inviting atmosphere. The separate guest space is versatile-perfect for family, office, studio. This University Park gem is not just a home; it's a lifestyle. Experience the best of Tempe living, where academic excellence, cultural & entertainment converge steps from your front door. Fully Remodeled in both spaces leave nothing to be done!

1426 S Grandview Drive, Tempe
$775,000
5 Beds ⋅ 2 Baths ⋅ 7055967 MLS ⋅ 2,267 SqFt.
You are going to LOVE this beautiful 5 bedroom, 2 bath home in a Tempe! Tastefully upgraded kitchen with granite countertops and stainless-steel appliances including a new dishwasher, gorgeous tile floor and freshly painted exterior. PLUS, no HOA makes this an extremely attractive neighborhood close to ASU! Besides the incredible interior, you have a private pool and a screened in porch to relax and enjoy those lazy days of summer. This one is too good to miss out on!

801 E Campus Drive, Tempe
$769,000
6 Beds ⋅ 3 Baths ⋅ 7057817 MLS ⋅ 2,582 SqFt.
Welcome to this beautifully renovated 6-bedroom, 3-bathroom home in the highly desirable Pecan Groves community of Tempe. Thoughtfully updated with modern finishes and designed for comfortable living, this spacious home offers the perfect blend of style, functionality, and location. Step inside to discover a bright, open floor plan featuring brand-new flooring, fresh paint, updated lighting, and a stunning remodeled kitchen with sleek cabinetry, quartz countertops, stainless steel appliances, and island that's perfect for entertaining. The generous living and dining spaces flow seamlessly, creating an inviting atmosphere for gatherings of any size. With six spacious bedrooms and three fully renovated bathrooms, there's plenty of room for family, guests or a home office.

8757 S Mill Avenue, Tempe
$759,900
5 Beds ⋅ 2 Baths ⋅ 7068602 MLS ⋅ 2,050 SqFt.
Completely reimagined from top to bottom with beauty brought to life! Warm, modern updates welcome you home to this inviting home with NO HOA! This fully renovated 5-bed, 2-bath home has major updates including fresh paint inside and out, stylish new LVP floors throughout, kitchen and bathroom cabinets & countertops, all new lighting, fans, fixtures and more! The kitchen is a spacious standout with a large, beautiful island with breakfast bar, brand new stainless steel appliances and tremendous natural south-facing light out back. Step outside to your own private yard with a covered patio, above ground spa and real grass. Easy access to shopping, dining and freeways. This home is truly the perfect blend of comfort and value! Note: Primary bathroom shower

1019 E Watson Drive, Tempe
$750,000
3 Beds ⋅ 4 Baths ⋅ 7063148 MLS ⋅ 2,270 SqFt.
Experience the pinnacle of Downtown Tempe living in this one-of-a-kind luxury 4-story townhome. Perfectly suited for a future owner-occupant or savvy buyer, this home offers immediate peace of mind with steady income already in place via a tenant secured for the next 12 months. Nestled in a premium 24-unit community steps from the Historic Mill Avenue District, the property boasts high-end upgrades including custom flooring, modernized railings, and designer bath finishes. The spacious layout features an open-concept living area, a sleek kitchen with ample cabinetry, and 3 bedrooms--each with a private en-suite bathroom and custom closet shelving. Two additional bonus rooms on the 1st and 4th floors offer excellent structural flexibility for a home office, fitness studio, or media room. Enjoy views from Piestewa Peak to Camelback Mountain via 2 private balconies or relax in the community courtyard. Parking includes a 2-car tandem garage and 1 driveway space. Unbeatable location within walking distance to ASU, Tempe Town Lake, Gammage, dining, nightlife, and the Light Rail, with effortless access to the 202, I-10, and Sky Harbor Airport. A rare opportunity to secure a luxury asset today and move in or re-lease later!

421 W 6th Street Unit 1008, Tempe
$750,000
4 Beds ⋅ 2 Baths ⋅ 7062993 MLS ⋅ 2,500 SqFt.
NO HOA! Check out this beautifully updated corner lot home blending mid-century charm with modern upgrades. Extensive improvements include a new roof (2024), water heater (2024), heat pump (2019), and updated appliances making the home truly move-in ready. The spacious primary suite features a walk-in closet and dual ceiling fans. A flexible adjacent bedroom works great as a home office, nursery or fitness room. The fully remodeled bathrooms offer travertine tile and a soaking tub. This home features a cozy fireplace, full-length patio cover and an RV gate. Prime location, minutes from the freeway, walking distance to shops and ASU.

3 W Del Rio Drive, Tempe
$750,000
4 Beds ⋅ 2 Baths ⋅ 7046833 MLS ⋅ 2,644 SqFt.
Gorgeous, fully remodeled home showcasing elegant modern finishes! The open floor plan features a custom kitchen with premium SS appliances, wine cooler, quartz counters, walk-in pantry, and a large laundry room. Retreat to the massive primary suite boasting two large walk-in closets, stylish barn doors, and a double-vanity en suite. A versatile 4th bedroom/office is privately situated at the rear of the home. Outside, enjoy brand-new front yard turf and a huge backyard with large covered patio and new turf and new drip lines for plants. Newer gas water heater, new garage door, and new garage coating. NEW exterior paint! Unbeatable location with easy access to US-60 and Loop 101, ASU, downtown Tempe, and downtown Phoenix just minutes away. Quality remodels like this are rare! Owner/Agent.

1707 E Julie Drive, Tempe
$750,000
1 Baths ⋅ 7046256 MLS ⋅ 1,620 SqFt.
Fourplex with 4 studio apartments available as an investment or owner-occupied income producing property! Very few buildings become available in this area, making it a great opportunity to expand your portfolio! This home can qualify with an FHA or VA loan for any owner looking to move in and offset their mortgage costs by renting out the other 3 units! Build equity while reducing your living costs! All 4 units have been meticulously maintained by this owner and updated throughout the years. Each unit has a wall AC/Heat system, Refrigerator and Gas Stove. Water and Gas are metered all together, APS meters each unit separately. Looking to help an ASU student as an alternative to the student housing, while maintaining cash flow? This is a win!

1033 S Mariana Street, Tempe
$750,000
4 Beds ⋅ 4 Baths ⋅ 7046255 MLS
Great opportunity to own within a community that very rarely has a building available! 4 Studio units with wall unit AC, Refrigerators and Stoves. Well cared for and maintained by this owner. This building is the southern most on the east side of the street, offering privacy for the occupants and ease of parking access from both the north and south side of the alleyway. Very low vacancy rate with such close access to ASU, downtown Tempe and the light rail.

1033 S Mariana Street, Tempe
$749,999
6 Beds ⋅ 8 Baths ⋅ 7057410 MLS
Attention aspiring SHORT TERM RENTAL owners!! This is an amazing opportunity to turn a profit and own an investment property. Numbers for only ONE side of the duplex provide a $39K revenue. To help ease the new owners worries there are new roofs on both sides, new AC unit on one side, new water heater on one side, both units come with W/D, refrigerators and blinds. This Is a prime Tempe investment opportunity! This beautifully updated duplex is located in one of the Valley's strongest rental markets, just minutes from Arizona State University, Sky Harbor International Airport, Downtown Tempe, Tempe Town Lake, and major employment hubs. With easy access to Loop 202, SR-143, and I-10, this is an ideal location for attracting long and short-term tenants. Each unit offers a modern, open-concept layout with designer finishes, granite countertops, stainless steel appliances, wood-look tile flooring, spacious bedrooms, private patios, and low-maintenance outdoor space. All features that help attract and retain quality tenants. The property has demonstrated strong rental demand and offers an excellent opportunity for investors seeking immediate income with long-term appreciation potential. Whether you're looking to expand your portfolio, complete a 1031 exchange, or live in one unit while generating rental income from the other, this property checks all the boxes. Opportunities to own a well-maintained duplex in this highly sought-after Tempe location are few and far between. Don't miss your chance to own an income-producing asset in one of Arizona's most consistently desirable rental markets.

421 S Terry Lane, Tempe

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