The median home value in Tempe, AZ is $440,000.
This is
higher than
the county median home value of $395,000.
The national median home value is $308,980.
The average price of homes sold in Tempe, AZ is $440,000.
Approximately 43% of Tempe homes are owned,
compared to 47% rented, while
10% are vacant.
Tempe real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Tempe real estate agent to arrange a tour today!
Learn more about Tempe.
Spanning 13,225 square foot ready-to-be-built on land offers a blank canvas for your architectural aspirations. This exceptional property presents a rare opportunity for those seeking to build their dream home or embark on a development venture. The properties advantageous location place it in close proximity to Tempe's thriving district with renowned universities and a array of shopping, dining and entertainment options. Additionally, its convenient access to major highways and transportation hubs ensures seamless connectivity the greater Phoenix Metropolitan area.
Rare opportunity to purchase a Residential Lot in a Custom Home Neighborhood in Tempe! Build your Dream Home! Zone R1-10 with utilities in place. Just over 1/3 acre, this rare gem is located in desirable Alameda Estates, with custom homes on 10,000+ sq ft lots. This is the only lot in the neighborhood that was never built on. Elementary and Middle Schools within walking distance. Quick and easy access to ASU, Downtown Tempe, Sky Harbor Airport, I-10, US-60 and AZ-101 freeways. There is nothing else like this available in land-locked Tempe!
Welcome to an exceptional opportunity to own a prestigious lot in the premiere community of Circle G Ranches. This property presents a blank canvas for you to create a custom residence perfectly tailored to your vision or use the sellers pre-designed 7,000 sqft new build plans. This expansive vacant lot offers a prime location within one of the most sought-after equestrian neighborhoods in the East Valley. Circle G Ranches is known for its luxurious estates, wide-open spaces, and a welcoming atmosphere. This enclave offers a rare blend of rural living and convenient access to urban amenities. Enjoy the serenity of the countryside while still being just a short drive away from shopping, dining, entertainment, and major transportation routes.
This is prime real estate located in an opportunity zone in the heart of Tempe. It is 2 blocks away from the Arizona State University and the light rail. Great access to shopping, entertainment, restaurants, schools and supermarkets. This sale includes 1432 and 1435 E Bonarden Lane. The total area for both lots is approximately 0.44 acres. The land deal includes ''permit ready'' development plans and drawings for eight upscale townhomes. Each townhome consists of 2,000 SF and has a 2 car garage, 3 bedrooms and 3 bathrooms.
** Property is made up of 4 parcels. APN 132-66-109,110,111 & 112Hard to find Tempe Multi-Family infill project. Originally property was planned for 3 townhouses. The Tempe General Plan was amended and now allows for 4 townhouses. The 20ft alley running along the east and south side of the lot can be used as a driveway to access the lot. Rents in the area range between $1,700 - $3,000 for a 3bed/2bath townhouse.
Owner selling RV Lot with approx. 20' x 40' concrete pad. Must be purchased with MLS #6542182 SFR currently run as Airbnb neeting $4,500 per month in the heart of Tempe. Shopping, dining and entertainment is moments away. Proximity to Arizona State University's large Tempe Campus, Loops 101 and 202. No HOA and zoned AG with flood irrigation. This property is the third lot back from University Drive. Seller willing to carry with 20% down and 10% interest. Adjacent lots also available.
Ideally situated lot in the heart of Tempe, zoned AG with flood irrigation and no HPA. Shopping, dining and entertainment is moments away. Proximity to Arizona State University's large Tempe Campus, Loops 101 and 202. This property is the fourth lot back from University Drive (APN 132-39-002L). Seller willing to carry with 20% down at 10% interest. Ajacent lots also available.
Ideally situated lot in the heart of Tempe, zoned AG with flood irrigation and no HOA. Shopping, dining and entertainment is moments away. Proximity to Arizona State University's large Tempe Campus, Loops 101 and 202. This property is the fifth lot back from University Drive (APN 132-39-002Q). Seller willing to carry with 20% down at 10% interest. Adjacent lots also available.
If you're looking for a prime location to build your dream home or investment property, look no further than this spacious lot in the coveted Maple-Ash neighborhood! Situated directly across from the ASU Gamage Theatre (with views), this lot offers a maximum building footprint of 1,413 sqft or 1,638 sqft with a variance, and a max build height of 30'. With its unbeatable location and even potential for use as a short-term rental/AirBNB/VRBO, this property is a must-see for any savvy investor or aspiring homeowner. Could be perfect for a tiny house, shipping container home, and prefab build too! With seller financing available, owning this prime piece of real estate has never been easier. Don't miss out on this rare opportunity in one of Tempe's most sought-after neighborhoods.
Amazing Location to Build Your Dream Home in the Heart of Tempe with No HOA. This Custom Home Site is within Close Proximity to The Airports, Parks, Shopping, Restaurants, Transportation, and Schools. Lot has Street Frontage on Two Sides which provides Multiple Options for Home Placement. Water, Electric, Cable and Gas are available in this Well-Established Community. This Lot is Fenced and Includes a Set of Plans for A Home that was Designed for this Lot. Minimum Home size is 2000 Square Foot. Don't Miss This Opportunity!
IGNORE DAYS ON THE MARKET. PROJECT GOT FULLY APPROVED FOR CONSTRUCTION FEW MONTHS AGO. LOCATION, LOCATION, LOCATION, plus located in Tempe Opportunity Zone. Entitlements are issued and approved and project is ready to build. This project aims to construct 6 townhomes with an average size of over 2000 square feet. The design will feature modern amenities, efficient features and an attractive aesthetic to appeal to the target market. This parcel is located within walking distance from Arizona State University. The demand for newer and modern townhomes in Tempe is particularly high due to limited inventory in the area. This size new units in Tempe are selling between $700k-$800K. This is an amazing project for someone to build and make huge profit.
Rare Commercial/Residential opportunity located near Arizona State University and Downtown Tempe. Just 3 miles from the main ASU campus, this prime .41 acre property is zoned within the R-O district which allows new development at the residential level. This property is fully approved for 4, three story townhomes at 3375 square feet each. 4 car garages are optional and approved. Plans and approval are included in the purchase price. This project is shovel ready. Don't miss this rare opportunity to develop in a highly sought after location. Buy and start building now!
Prime, new construction location in Tempe, AZ with exceptional opportunity to build 12 townhomes or apts. Excellent for diversifying an investment portfolio with steady rental revenue in one of the fastest growing metro areas in the USA.Buildable potential: 12 units Lot size: 136' x 202' Sq ft: 31,552Minutes from ASU and an ideal location with EZ access to all points of interest in the Valley of the Sun.Urban in-fill project with a 2022 COE offering the potential for attractive depreciation allowance in 2023.
Ideally situated parcel in the heart of Tempe with shopping, dining and entertainment moments away. Take advantage of the proximity to Arizona State University's large Tempe Campus with ease of access to Loops 101 and 202. No HOA and zoned AG with flood irrigation. Horses are allowed. Located in a Qualified Opportunity Zone. (NOTE - THIS PROPERTY IS THE SIXTH LOT BACK FROM UNIVERSITY DRIVE - APN 132-39-002D). Adjacent lots totaling over 1.6 acres with frontage on University Drive also available - contact for details. Located in The City of Tempe's Smith Industrial Innovation Hub.
This is a rare investment opportunity in the highly desirable University Park neighborhood. Situated two blocks from ASU, Gammage and the new streetcar stop at College/Apache, you're a few minutes to all that downtown Tempe has to offer. This 0.74 acre lot measures 105' x 305.5' (32,078 sq.ft.), is zoned R1-6, and has been legally split into two parcels (being sold together). Bonus: irrigated lot with mature trees, greenery and pool. With very few large buildable properties available in the University Park neighborhood, your development opportunities are endless.
This property is well located in the Maple Ash neighborhood near ASU and downtown Tempe. This lot is zoned R-2 allowing for 4 unit. Walk to the Gammage or shopping and dining. Close to Tempe Town Lake.
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