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

$409,000
3 Beds 2 Baths 7044267 MLS 1,274 SqFt.
Location! Location! Location! Situated in the heart of Tempe, this 3-bedroom, 2-bathroom home offers 1,274 square feet of opportunity and potential. Whether you're an investor searching for your next project or a buyer looking to create a home that reflects your personal style, this property is ready for your vision. Inside, you'll find a spacious family room and dining area that provide plenty of room for everyday living and entertaining. The kitchen offers an open layout with abundant walking space, making it functional and comfortable for preparing meals and gathering with family and friends. All three bedrooms are generously sized, offering flexibility for guests, a home office, or growing households. Step outside to enjoy the large, low-maintenance backyard featuring a covered patio, an ideal space for relaxing, entertaining, or creating your own outdoor retreat. Just minutes from ASU, this location makes an excellent investment opportunity while also appealing to first-time buyers, empty nesters, or anyone seeking convenient, low-maintenance living. With quick access to the Loop 101 and Loop 202, you'll be close to shopping, dining, entertainment, and everything that makes Tempe one of the Valley's most desirable places to live. Whether you're looking for a rental property, a starter home, or a chance to add your own personal touches, this Tempe gem is packed with potential. Schedule your private tour today!

1711 S Roberts Road, Tempe

$475,000
3 Beds 2 Baths 7043968 MLS 1,652 SqFt.
Welcome Home! Classic charm & modern comfort come together in this beautifully maintained single-level Tempe home featuring a sparkling private pool. From the inviting front porch & low-maintenance desert landscaping to the spacious 2-car garage, this home offers curb appeal from the moment you arrive. Inside, you'll find a bright & welcoming floor plan with abundant natural light, neutral tones, and easy-care tile flooring throughout the main living areas. Enjoy both a formal living room and a separate family/dining room, providing plenty of space for entertaining & everyday living. The well-appointed kitchen features stainless steel appliances, ample white cabinetry, recessed lighting, & a peninsula with breakfast bar seating--perfect for casual meals gathering with family & frien Retreat to the comfortable primary suite, complete with private backyard access through sliding glass doors and an ensuite bath featuring dual sinks. The additional bedrooms offer plush carpeting and flexibility for family, guests, or a home office. Step outside to your own backyard oasis! The spacious yard is designed for relaxation and entertaining, featuring a covered patio and a sparkling pool that's ready for year-round enjoyment. Conveniently located near top-rated schools, shopping, dining, parks, and major freeways, this exceptional Tempe home offers the perfect blend of comfort, convenience, and Arizona living. Don't miss your opportunity to make it yours!

1139 E Watson Drive, Tempe

$450,000
4 Beds 2 Baths 7040780 MLS 1,791 SqFt.
Discover the perfect blend of location, flexibility, and modern updates in this refreshed Tempe home near Downtown Tempe, Arizona State University, and major transit including light rail, streetcar, Orbit bus, and Sky Harbor Airport. This spacious property offers multiple living areas with separate living and family rooms, plus a private rear master suite featuring an updated bathroom, new tiled shower, and walk-in closet. An adjoining flex room provides options for an office, gym, nursery, or bedroom. The updated kitchen includes white shaker cabinetry, quartz countertops, and a breakfast bar, making this home ideal for both comfortable living and strong rental or investment potential. Inside, you'll find thoughtful updates and versatile spaces throughout. Each secondary bedroom includes its own closet, and a nearby bonus room offers potential for a butler's pantry or workshop. Recent improvements include interior and exterior paint, newer roof (approx. 2 years), updated door hardware, and serviced A/C units (5-ton and 3-ton). Dual-pane windows enhance efficiency in the addition, while original front windows maintain mid-century character. Additional highlights include a large laundry room with washer and gas dryer hookups, an extended Arcadia door in the family room, carport parking, and accessible single-level living with a front entry ramp. The spacious lot features a newly added gate and fence on the east side yard, creating extra usable outdoor space. Note: home was not originally plumbed for a dishwasher, but space is available for a standalone unit.

1205 W 5th Street, Tempe

$449,900
4 Beds 2 Baths 7021725 MLS 1,566 SqFt.
Beautifully remodeled home in Tempe featuring 4 spacious bedrooms plus a versatile bonus room--perfect for a home office, gym, or playroom. The updated kitchen is equipped with sleek stainless steel appliances, offering both style and functionality. Step outside to a private backyard complete with a pergola--ideal for relaxing or entertaining--and a large storage shed for added convenience. Enjoy energy efficiency with premium sun screens throughout the home. This property includes a refrigerator, washer, and dryer, making it truly move-in ready. With no HOA, you'll have added flexibility and freedom. Located just steps from Dwight Park, and conveniently close to ASU and major freeway access, this home combines comfort, location, and lifestyle. Seller: The Estate of John P. Allen Seller's Authority: John Tully, President of Camelback Fiduciary, LLC As PR. This home is being sold in as-is, where-is, and how-is condition, with the sole and only warranty of the Seller being the warranty of title. The Buyer acknowledges that their sole remedy for any defect in the title is with the policy of title insurance being purchased with the transaction, and not the Seller, their agents or the estate that owns this real property. Buyer acknowledges and understands that the home is being sold in court proceeding and is subject to higher and better offers within the court proceeding to approve the sale. Buyer must be present at the court hearing; time and date to be forthcoming upon acceptance of an offer. The close date of this transaction shall commence within five (5) business days after court approval. Seller shall not provide Seller Property Disclosures' as the Seller is a Fiduciary for the Estate and has no knowledge of the property. The Buyer shall also waive the Letter of Experience from the Home Owner's Insurance Company. This purchase contract shall not be assigned. Transaction shall close with: Stacy Heintz, Escrow Officer Chicago Title Agency 20830 N. Tatum Blvd., Ste 399 Phoenix, Arizona 85050

3909 S Roosevelt Street, Tempe

$432,500
7019910 MLS
Infill opportunity in the heart of Tempe! Spanning 13,225 square feet, this ready-to-build homesite is located off a quiet cul-de-sac, offering an ideal setting for a custom home with added privacy. Situationed in a fully built neighborhood, this is the last remaining chance to build new in an established area with no additional residential land available nearby. The property offers flexible development potential, including the possibility of multiple structures on one parcel (buyer to verify), making it attractive to homeowners and investors alike. Whether you're looking to design a primary residence, income-producing units, or a multi-generational setup, this lot provides a versatile foundation. Position just minutes from Arizona State University, the location benefits from strong and consisent housing demand driven by students, faculty, and professionals. The surrounding area is anchored by major employers, including State Farm, JPMorgan Chase, Wells Fargo, Honeywell Aerospace, and ADP, which support long-term value and rental appeal. Enjoy close proximity to top retail, dining, and entertainment destinations, including Arizona Mills, Tempe Marketplace, the Mill Avenue district, and Tempe Town Lake. The location also offers excellent connectivity, with easy access to US-60, Loop 101, and Loop 202, enabling convenient commuting throughout the Phoenix metro area. With limited supply, strong demand drivers, and a prime central location, the property presents a unique opportunity to build, invest, and capitalize on one of the most supply-constrained submarkets. Buyers to verify all facts, figures, zoning and development potential

136 E Fremont Drive Unit 261, Tempe

$427,990
3 Beds 2 Baths 7017898 MLS 1,490 SqFt.
Assumable VA loan at an incredible 2.25% interest rate, a rare opportunity in today's market! Welcome to 926 W Apollo Avenue, a hard-to-find Tempe gem situated on a spacious 8,500+ sq ft corner lot with NO HOA, giving you the freedom and flexibility you've been searching for. From the moment you arrive, you'll appreciate the pride of ownership, generous lot size, and unbeatable central location. Step inside to a warm and inviting family room that offers the perfect space to relax or gather with friends and family. Continue into the beautifully updated kitchen featuring a large island, sleek quartz countertops, upgraded cabinetry, built-in microwave, and plenty of prep and storage space for everyday living and entertaining alike. Just off the kitchen, the oversized formal dining area creates the ideal setup for hosting! The home features stylish wood-look flooring in main living areas, adding both warmth and durability. Retreat to the XL primary suite filled with natural light and plenty of room to unwind. Spacious secondary bedrooms provide flexibility for guests, a home office, gym, or growing household needs. The interior has also been freshly painted, giving the home a clean and modern feel throughout. Outside, enjoy the benefits of the oversized corner lot with an RV gate, abundant parking, and endless potential to create your dream backyard oasis. Whether you envision a pool, workshop, garden, or entertaining space, this property gives you room to make it happen. Conveniently located near the I-10 freeway, commuting anywhere in the Valley is quick and easy. Just under 5 miles from Arizona State University, minutes from shopping, dining, parks, and entertainment, and only 12 minutes to Phoenix Sky Harbor International Airport. Opportunities like this in Tempe - especially with an assumable 2.25% VA loan and no HOA - are incredibly rare!

926 W Apollo Avenue, Tempe

$445,999
3 Beds 2 Baths 7011286 MLS 1,260 SqFt.
Stop the car!!! This beautifully remodeled single-family home in the quiet Lindon Park subdivision of Tempe is a must-see! Assumable loan may be available! Blending contemporary finishes with modern design, this 3-bedroom, 2-bath home offers 1,260 sq ft of thoughtfully designed open-concept living. The upgraded kitchen is the heart of the home, featuring quartz countertops, shaker cabinetry, stainless steel appliances, and a spacious eat-in island--perfect for both everyday living and entertaining. Recent improvements include a new HVAC system, dual-pane Low-E windows, updated plumbing and lighting fixtures, ceiling fans, and stylish wood-look plank vinyl flooring throughout. Both bathrooms have been tastefully upgraded, and the home is filled with abundant natural light, creating a bright and inviting atmosphere. Step outside to enjoy a large private backyard retreat with low-maintenance desert landscaping, an RV gate, and a covered patio--ideal for relaxing or hosting guests. The detached 2-car tandem garage features upgraded epoxy-coated floors for added durability and style. Conveniently located near walking and biking paths, Tempe Town Lake, Arizona State University, Mill Avenue, Tempe Marketplace, and South Scottsdale. With no HOA, this property offers excellent potential as a primary residence, college rental, or short-term investment opportunity. Don't miss your chance to own this move-in-ready home in a prime Tempe location!

1423 W 6th Street, Tempe

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Between $400K - $500K Tempe Real Estate

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