Between $400,000 - $500,000 Tempe AZ Real Estate, Homes, Condos for Sale

3 Beds ⋅ 2 Baths ⋅ 7008859 MLS ⋅ 1,266 SqFt.

Well-located 3 bed, 2 bath home in Tempe offering a functional layout and move-in-ready condition. The floor plan provides clear separation between living and sleeping areas, with good natural light and updated finishes throughout. Situated on a 6,800 sqft lot, the property features a private pool, covered patio, and usable outdoor space that's easy to maintain and ideal for both everyday living and entertaining. Currently operating as a successful Airbnb with a strong track record of bookings and income, making it a turnkey option for investors or a flexible choice for an owner-occupant. Conveniently located near ASU, major freeways, and Tempe amenities, supporting both long-term value and rental demand.

323 E Sesame Street, Tempe

$500,000

4 Beds ⋅ 2 Baths ⋅ 7008185 MLS ⋅ 2,146 SqFt.

4 Bed 2 bath Home is in great Location! Granite kitchen. Beautiful home in the heart of Tempe. Tile thru out. Big Bonus room, NO HOA, Priced right to sell. Don't miss out on this incredible home and area. Amazing home for both family or investment property. This home has generated income for 12 years consistently and rents for 3600 a month. On the Orbital bus system for ASU. New Carpet in the bedrooms, new windows (7), updated kitchen and extra space was built in when the carport(Permitted) was enclosed to create an additional 400 sf for bedroom, office, gym, or studio, with its own entrance. Perfect for families, college students, an 8 min bike ride to ASU and close to the 60 and the 101. Home has gas heat and gas water heate

233 E Cairo Drive, Tempe

$429,000

2 Beds ⋅ 2 Baths ⋅ 7007623 MLS ⋅ 1,082 SqFt.

Urban living at its finest! Gated community, this 3rd Fl, Corner Unit has lots of windows and expansive views. New flooring/paint/light fixtures and more in March 2026. This 2 BR / 2 BA condo is filled with natural light and has a functional flow. The bedrooms are on opposite sides of the living area adding to the livability. Main BR includes a large bath with dual sinks, large garden tub/shower combo & large walk-in closet. BR2 has SGD to the balcony w/ semi-private access to the bathroom. Laundry located in unit. Also included is a private 1-car-garage with storage. Visit the pool, BBQ area, spa, workout center & clubhouse. *Easy access to ASU, freeways, airport, shopping, and dining

435 W Rio Salado Parkway Unit 305, Tempe

$449,900

3 Beds ⋅ 3 Baths ⋅ 7005586 MLS ⋅ 1,206 SqFt.

Cozy townhome nestled in a quiet and unique neighborhood, 5 mins drive to ASU. It has 3 bedrooms and 3 baths, spacious living room with balcony, brand new kitchen cabinets with self closing draws and counter top, new dishwasher. Laminated and tile floor, new interior paint, EV charger in garage. This home has everything you need, perfect for family and college students.

730 S Beck Avenue, Tempe

$490,000

4 Beds ⋅ 3 Baths ⋅ 7003781 MLS ⋅ 1,400 SqFt.

Welcome to this beautifully remodeled 4-bedroom, 3-bath home offering modern upgrades and everyday comfort. Bright open layout with new flooring, fresh finishes, and abundant natural light. Updated kitchen features new cabinetry, granite countertops, and modern fixtures. All bathrooms fully renovated with stylish tile and contemporary design. Major updates include newer roof (approx. 5 yrs) and A/C (approx. 7 yrs), plus new windows and dedicated laundry area. Four spacious bedrooms, including 2 master suites, offer flexible living. Kitchen appliances and boiler to be installed prior to closing. Ideal for families or a great investment opportunity.Downtown Tempe, Arizona State University, and popular Mill Avenue, with easy access to shopping, dining, and entertainment..

1421 W 7th Street, Tempe

$425,000

3 Beds ⋅ 3 Baths ⋅ 6998958 MLS ⋅ 1,952 SqFt.

Welcome to Puerta Del Sol, one of Tempe's most desirable townhome communities! Designed by famed Mid Century Architects Haver, Nunn & Jensen, tucked into a quiet cul-de-sac and ideally located just two miles from ASU. Save on electric bills with fully owned solar and Tesla inverter (2025). Roof and electric panel replaced in 2022. Close to the library, Pyle Center, history museum, and popular restaurants. Centrally located in the valley with easy access to freeways and the airport. This charming southwestern-style home offers 3 bedrooms and 3 bathrooms. Enjoy a private backyard and a premium location directly across from the community pool. Dual-pane windows enhance comfort in this north-south facing home. A 10x7 workshop with cabinets adds extra flexibility

1035 E Laguna Drive, Tempe

$469,900

4 Beds ⋅ 3 Baths ⋅ 6997821 MLS ⋅ 1,606 SqFt.

SELLER'S PREFERRED LENDER OFFERING RATES AS LOW AS 4.5% FOR THE FIRST YEAR AND 5.5% YEARS 2 THROUGH 30 WITH SELLER'S ASSISTANCE, (SEE BROCHURE UNDER DOCUMENTS TAB FOR MORE DETAILS). Rare 1,600 SF Tempe Compound - 5BR Potential, in a plenty big lot and less than 4.5 miles from ASU main campus!!! Unique property offers space & versatility you won't find elsewhere. Main house features 4BR plus an executive office (easily a 5th BR!). NEW ROOF (2020) & NEW A/C (2020), all windows are dual pane low E (Argon filled). The standout: A detached PRIVATE STUDIO fully remodeled in 2026 w/ its own full bath--perfect for guests, rental, or a quiet office. Massive driveway for 6 vehicles and the 10' RV gate with deep, secure storage for your trailer or boat. Located steps from Dwight Park.

1258 W Manhatton Drive, Tempe

$480,000

3 Beds ⋅ 2 Baths ⋅ 6997493 MLS ⋅ 1,288 SqFt.

Welcome home to this beautifully maintained 3-bed, 2-bath gem with carport parking! Inside, the inviting great room sets the stage for a cozy living experience, showcasing plush carpet, plantation shutters, tons of natural light, and ceiling fans throughout. Spotless kitchen offers plenty of cabinetry, granite counters, recessed lighting, stainless steel appliances, and a breakfast bar ideal for a quick midnight snack. Serene primary bedroom includes direct outdoor access, bi-folding closets, and a private bathroom, bringing convenience to your everyday routine. Don't miss the wonderful backyard, highlighted by a lovely gazebo and swimming pool, perfect for cooling off on warm days. Excellent location, close to restaurants and parks. Seize the opportunity while it's still available!

2537 E La Jolla Drive, Tempe

$494,900

2 Beds ⋅ 2 Baths ⋅ 6996950 MLS ⋅ 1,208 SqFt.

Top floor, lock N leave, lake views? It only gets better from there! This 2-BD, 2-BA lakefront condo features luxurious split floor-plan, walk-in closet, and private terrace facing Tempe Town Lake! Granite and stainless steel kitchen is ready to cook, from dinner party or eggs at midnight. Step to the lake path at your door. Mill Ave, ASU, Tempe Marketplace, light rail, 202 all minutes away. Soon Tempe Waterfront gets a glorious a ferris wheel too; you'll have a front-row seat! Features? Skip the gym. Community fitness center rivals the best, pool, hot tub and gathering places too! Unwind in your private retreat or entertain w/breathtaking city lights. Nothing But View: Tempe Town Lake, wide open, every day. Golden hour isn't just a photo op- It's a typical Tuesday! EZ Lux Living -WOW!

945 E Playa Del Norte Drive Unit 5012, Tempe

$409,000

2 Beds ⋅ 2 Baths ⋅ 6993769 MLS ⋅ 1,082 SqFt.

Location, Location, Location. Light, bright, and well-maintained 2BD/2BA condo with a private entrance from the unit's 1-car garage. The first level features a convenient laundry room just inside the garage entry. Upstairs, the spacious great room offers large windows and access to a private balcony, with custom shutters in the living room and primary bedroom. The kitchen includes abundant counter space, granite countertops, a newer refrigerator, pull-out shelving, breakfast bar, and pantry. The primary suite features two closets and a private bath with dual sinks. The second bedroom offers a walk-in closet and balcony access. Located in the private gated Regatta Pointe community with lush landscaping, mature shade trees, a heated pool and spa, BBQ/patio area, clubhouse, and fitness center

420 W 1st Street Unit 214, Tempe

$484,900

2 Beds ⋅ 2 Baths ⋅ 6988506 MLS ⋅ 904 SqFt.

Move in ready home with prime location and views. Recent updated kitchen, baths, quartz counters, stainless steel appliances, luxury vinyl plank, plantation shutters, paint and fixtures. Functional 2 bed/2 full bath floor plan has highly sought after attached direct entry garage with extra width for storage. Garage enters directly into a versatile basement flex space with laundry. Basement not included in Tax Assessor square footage and adds approx. 200 square feet to total area. Prime ground floor location with 2 private covered patios that offer stunning views of Tempe Town Lake and mountains. Gated resort-style community has clubhouse, pool/spa, grills and fitness center. Located across street from Tempe Town Lake and Beach and near ASU, Mill Ave, golf, airport, light rail.

425 W Rio Salado Parkway Unit 112, Tempe

$429,000

2 Beds ⋅ 2 Baths ⋅ 6987809 MLS ⋅ 1,034 SqFt.

Welcome to Hayden Square, where location and lifestyle come together in the heart of Downtown Tempe. This 2-bedroom, 2-bathroom condo offers a bright and inviting floor plan with vaulted ceilings, a cozy fireplace, stainless steel appliances, in-unit laundry, updated bathrooms, and a private patio. Ideally situated just steps from Arizona State University, Mill Avenue, Tempe Town Lake, and the light rail, you'll enjoy convenient access to dining, shopping, entertainment, and everyday essentials. Residents also enjoy community amenities including a sparkling pool, BBQ area, and covered parking. Whether you're looking for a primary residence, a lock-and-leave retreat, or a great opportunity in one of Tempe's most desirable locations, this home offers exceptional value and convenience.

154 W 5th Street Unit 250, Tempe

$485,000

4 Beds ⋅ 2 Baths ⋅ 6986950 MLS ⋅ 1,519 SqFt.

12K Price Drop! Located in the heart of the Tempe Kiwanis Park neighborhood, this charming 3-bedroom, 2-bath plus, converted bonus bedroom, home offers unbeatable convenience in the Phoenix Metro area. Your new home boasts an updated kitchen with reverse osmosis system, custom shelving features, laminate wood and tile flooring throughout, a Whole House Filtersorb Filtration & Conditioning System, fresh interior and exterior paint, updated windows and AC unit, new attic and wall insulation, and a brand-new 2025 roof for added peace of mind. Step outside to enjoy beautiful new outdoor landscaping, a private pool with a new pool filter, garden planters, a storage shed, and a new backyard block wall. Just a short walk to Kiwanis Park and with quick access to the 60, 101, 202, and I-10 freeways, this home beautifully blends everyday comfort, thoughtful updates, and an unbeatable location. Mortgage savings may be available for buyers of this listing.

227 E Auburn Drive, Tempe

$494,000

4 Beds ⋅ 2 Baths ⋅ 6985850 MLS ⋅ 1,388 SqFt.

Virtually Staged. Beautiful 4-bedroom home in a prime Tempe location featuring OWNED Tesla Solar Panels, a PRIVATE POOL, and a new roof was installed on May 1st, 2026! Bright, open layout with a functional floor plan ideal for everyday living and entertaining. Enjoy indoor-outdoor living with a private backyard perfect for relaxing or hosting. Garage includes a Tesla/EV charging station for added convenience. Conveniently located near Trader Joe's, fitness centers, shopping, dining, and easy freeway access. Major upgrades already in progress--this home is a must-see. Rare opportunity to assume existing VA loan at approximately 2.375% interest rate (subject to lender approval). Significant monthly payment savings potential.

409 E Pegasus Drive, Tempe

$449,500

3 Beds ⋅ 2 Baths ⋅ 6984002 MLS ⋅ 1,732 SqFt.

Welcome to Tempe's Shalimar East, a well-maintained, stable community with mature landscaping and a quiet atmosphere. Homes rarely come up for sale, reflecting residents' long-term satisfaction. This turn-key residence offers both privacy and comfort. This home combines modern updates with timeless design. Step inside to a soaring vaulted ceiling and a light, bright great room floor plan that creates an open, inviting atmosphere. The beautifully remodeled kitchen features stainless steel appliances, granite countertops, a breakfast bar, and ample cabinetry (soft close, of course)-perfect for both everyday living and entertaining. Enjoy the gorgeous Arizona days from your private courtyard. This property backs to a lush grassy common area with the sparkling community pool just steps away, creating a resort-like feel. The home showcases renovated bathrooms, updated flooring, neutral paint tones, and stylish lighting and ceiling fans throughout. Modern floating stairs add a contemporary touch to the interior design. All three of the bedrooms are spacious and comfortable. There are two bedrooms up with a full bath to share, and one bedroom down with a powder room. **The seller is willing to install a shower & vanity downstairs if the buyer is interested**. See example photos in the gallery. Additional highlights include a spacious two-car garage. A definite bonus to most townhome floor plans. This is the perfect lock-and-leave property! The flat roof portion was resurfaced in Jan/Feb 2026. The tile portion in 2022. The a/c unit is newer, replaced in 2020, and the water heater in 2024. All new double-pane windows, and an Arcadia door on all west-facing windows. The stackable washer/dryer and refrigerator all convey! The big-ticket items have been taken off your to-do list! Tempe has so much to offer. A central location close to shopping, dining, great golf courses, Arizona State University, The Botanical Garden, Phoenix Zoo, Papago Park, and the list goes on and on. Easy access to the 101, 202, and US-60, yet the neighborhood feels tucked away from the city's hustle. Shalimar East combines the best of Tempe living: central convenience, peaceful surroundings, and a true sense of community. Visit today, you'll be happy you did!

3147 S Fairfield Drive, Tempe

$479,900

2 Beds ⋅ 2 Baths ⋅ 6982005 MLS ⋅ 1,048 SqFt.

Welcome to Tempe--where lifestyle meets location.This LAKEFRONT condo serves up an open, airy layout with tall ceilings, clean tile flooring, crown molding, and a vibe that's equal parts chill and functional.The kitchen keeps it sleek with granite counters and backsplash, matching appliances, and plenty of cabinet space. The primary suite features a spacious ensuite with dual vanities and walk-in closet. Private balcony has premium views of Tempe Town Lake and the surrounding mountains--morning coffee and sunset drinks just hit different here.The gated community includes pool, spa, and fitness center. Let's talk location: walk to Mill Ave, Tempe Town Lake, and ASU, with with restaurants, nightlife, trails, and entertainment around the corner. Prime investor opportunity close to ASU!

425 W Rio Salado Parkway Unit 101, Tempe

$479,000

3 Beds ⋅ 2 Baths ⋅ 6981523 MLS ⋅ 1,465 SqFt.

Beautifully maintained Tempe home in a quiet, friendly neighborhood. Meticulous and move-in ready! This bright single-story features three bedrooms, two bathrooms, and a flexible bonus space ideal for an office, playroom, bar or guest area. Living and dining flow to an updated kitchen with ample storage and modern finishes. Enjoy indoor-outdoor living with a private backyard oasis with a sparkling pool featuring a cascading waterfall, spacious patio for entertaining, and low-maintenance landscaping. Attached two-car garage and spacious laundry room complete the utility of this home. Near parks, schools, and shopping. Exceptional quality, comfort, and curb appeal!

520 E Watson Drive, Tempe

$475,000

1 Beds ⋅ 2 Baths ⋅ 6979851 MLS ⋅ 1,168 SqFt.

The Most Upgraded and Tech-Forward 1BR+Den at Bridgeview, showcasing panoramic views of Tempe Town Lake, Camelback Mountain, and Papago Park. Located in Bridgeview's iconic concrete-and-glass tower with triple-pane windows, 24/7 front desk, gated parking, and climate-controlled storage, this residence delivers true lock-and-leave luxury. The newly refreshed kitchen features new cabinetry and countertops paired with stainless steel appliances. New 24'' tile flooring in most of the living/bedroom area and stone in both bathrooms. Smart-home living takes center stage with integrated voice-activated controls -- adjust the blinds, lighting, and music with a simple Siri command. Additional enhancements include Hunter Douglas motorized blinds, Leviton smart dimmers, Ecobee thermostat, and a August smart lock. Tempe Trolley outside your door to take you to Gammage Theater, Whole Foods and many new restaurants. Luxury, technology, and location all in one exceptional residence. Safety and security are paramount in this remarkable building with 24 hr. desk service and gated parking. This extraordinary condo is a testament to modern living at its finest. The attention to detail, from the Modern Cabinets to the technological upgrades, sets it apart from the rest. Don't miss your chance to experience the pinnacle of luxury and convenience- Steps from Restaurants/Broadway Shows/Tempe Center of the Arts/ASU Events and Activities..10 min. to Sky Harbor Airport. No car needed!

140 E Rio Salado Parkway Unit 702, Tempe

$450,000

2 Beds ⋅ 2 Baths ⋅ 6979697 MLS ⋅ 1,208 SqFt.

Top-Floor Luxury with Iconic Camelback Mountain Views. Welcome to elevated living at the coveted North Shore Condos. This top-floor 2 bed, 2 bath residence is move-in ready w/fresh interior paint & brand-new carpet, offering a crisp, modern feel. The open floor plan flows effortlessly for everyday living and entertaining. Bedrooms feature walk-in closets and private balcony access, ideal for enjoying breathtaking Camelback Mountain views along with city and desert scenery. Additional highlights include two assigned parking spaces in the gated garage & extra storage. Residents enjoy resort-style amenities including a pool, spa, fitness center, outdoor fireplaces, and scenic lakeside paths. Located near Tempe Town Lake, Papago Park, ASU, dining, shopping, nightlife, & major freeways.

945 E Playa Del Norte Drive Unit 5024, Tempe

$489,900

2 Beds ⋅ 2 Baths ⋅ 6978122 MLS ⋅ 1,287 SqFt.

Investors, current new lease! Top floor unit! Luxury condominium on Tempe Town Lake! Close to dining, shopping, nightlife, with outdoor recreation are just minutes away. Enjoy easy access to the Boardwalk, Papago Park, ASU, A+ location! Enjoy the peaceful lakeside setting! Unit upgrades, granite countertops, tile & newer carpet throughout, stainless-steel appliances, including a gas stove top. Unit has a 2yr old A/C unit! Open & bright floor plan. Both bedrooms include walk-in closets and private exits to a balcony, offering beautiful views of the lake, city, skyline, and Papago Park. It's the perfect location...

945 E Playa Del Norte Drive Unit 5020, Tempe

$469,900

3 Beds ⋅ 2 Baths ⋅ 6970822 MLS ⋅ 1,522 SqFt.

No HOA and a prime Tempe location! This updated 3‑bed, 2‑bath home features modern flooring, refreshed bathrooms, and kitchen perfect for daily living or entertaining. A cozy fireplace warms the living area, while inside laundry, a 2‑car garage, and a fully enclosed backyard add privacy and convenience. Just minutes from ASU, Sky Harbor Airport, and the heart of Tempe with quick access to dining and freeways. Move‑in ready with assumable solar at only $185.34/month!

122 E Hermosa Drive, Tempe

$455,000

1 Beds ⋅ 2 Baths ⋅ 6967321 MLS ⋅ 1,168 SqFt.

Luxury waterfront condominium located along Tempe Town Lake with mountain and city views. This spacious residence features an open concept floor plan with floor-to-ceiling windows, abundant natural light, and a seamless flow for entertaining. The kitchen offers granite countertops, rich cabinetry, modern appliances, and a large center island. The primary suite includes a spa-style bathroom with soaking tub, glass-enclosed shower, and generous closet space. Enjoy outdoor living from the private covered balcony overlooking the water. The unit includes a dedicated parking space and storage unit. Community amenities include pool, spa, fitness center, sauna, and on-site management. Minutes from the light rail station, a short walk to Mill Avenue, nearby walking paths, restaurants, and ASU.

120 E Rio Salado Parkway Unit 406, Tempe

$405,000

3 Beds ⋅ 2 Baths ⋅ 6965633 MLS ⋅ 1,326 SqFt.

Investor opportunity in a prime Tempe location! This 3 bed, 2.5 bath home is centrally located and close to shopping, dining, and major freeways. The property offers strong potential for renovation and value-add, making it an ideal investment or remodel project. Sold as-is and ready for updates to bring it to its full potential.

2205 W Desiree Lane, Tempe

$485,000

3 Beds ⋅ 2 Baths ⋅ 6963872 MLS ⋅ 1,370 SqFt.

Rare opportunity in San Marbeya Manor. Fantastic location at Tempe/Scottsdale border. Great room concept, vaulted ceilings, center island kitchen with walk in pantry, tile floors throughout, freshly painted, sunny south facing backyard. Walking distance to the community center.

1061 E Susan Lane, Tempe

$401,000

2 Beds ⋅ 2 Baths ⋅ 6960956 MLS ⋅ 1,080 SqFt.

Welcome to 1527 S River Dr. in the heart of Tempe. The property features a spacious backyard with plenty of room to entertain, relax or personalize to your liking. The roof was redone this year, providing added value and peace of mind. The garage offers great potential and is perfect for a man cave, hobby space or home gym. Conveniently located near shopping, dining and ASU, this home presents an excellent opportunity for homeowners or investors looking to be close to it all.

1527 S River Drive, Tempe

$449,900

3 Beds ⋅ 2 Baths ⋅ 6957041 MLS ⋅ 1,260 SqFt.

This home is move-in ready with an open floor plan that is low-maintenance.. Features include updated wood-look flooring and carpet, updated interior and exterior paint, and upgraded lighting. Kitchen offers updated cabinets, quartz countertops, backsplash, and stainless steel appliances. Bathrooms feature tiled showers; dual-pane windows, inside laundry, a pool, and no HOA.

1939 E Alameda Drive, Tempe

$499,000

3 Beds ⋅ 2 Baths ⋅ 6926104 MLS ⋅ 1,297 SqFt.

BEAUTIFUL remodel! From the new flooring & Jeld-Wen windows to the roof & sewer lines, the new owner of this home will have little to worry about with all that has been updated and improved! This low maintenance home sits on a large corner lot in a TERRIFIC location close to ASU while also providing easy access to freeways for commutes to work or around the Valley. Refreshing pool compliments the large backyard that has RV gate & space for parking toys or even to build ADU to maximize investment potential. No HOA. HVAC, kitchen, bathrooms and more all updated within last 5 years. Water heater NEW 2025(see docs tab for more info).

1986 E Palmcroft Drive, Tempe

$463,777

1 Beds ⋅ 2 Baths ⋅ 6921054 MLS ⋅ 1,282 SqFt.

This beautifully designed single level residence combines modern elegance with everyday comfort, showcasing breathtaking views of Tempe Town Lake and the surrounding mountains. nside, you will find a spacious primary bedroom, one and a half bathrooms, and a versatile den that is ideal for a home office, media room, or guest space. Thoughtfully designed with quality finishes and an open, inviting layout, this home offers the perfect balance of sophistication and functionality. This property also presents outstanding flexibility for buyers and investors alike. An assumable mortgage may be available for qualified buyers, creating a rare opportunity to secure favorable financing. The seller is also open to carrying financing with the right terms, offering additional possibilities ... that are difficult to find in today's market. If purchasing is not the right fit, the home is also available for lease at just $2,700 per month. The location is second to none. Just a short walk from Arizona State University, Mill Avenue, Tempe Beach Park, and an incredible selection of restaurants, shopping, nightlife, and entertainment, you will enjoy the very best that Tempe has to offer. Tempe Town Lake is just steps from your front door, providing endless opportunities for walking, jogging, paddle boarding, kayaking, biking, and enjoying Arizona's beautiful sunsets. Whether you are searching for a full time residence, a lock and leave lifestyle, an investment opportunity, or a home in the heart of one of Arizona's most exciting urban destinations, this exceptional property delivers location, lifestyle, and value.

140 E Rio Salado Parkway Unit 411, Tempe

$425,000

3 Beds ⋅ 2 Baths ⋅ 6919385 MLS ⋅ 904 SqFt.

Owner will consider Carrying with 30% Down. This Home has had a lot of Remodeling Done. Big Beautiful Grass Backyard. Newer Roof and New A/C is about 1 Year Old. Dual Windows. All this and Close to ASU.

1622 E 12th Street, Tempe

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

Between $400K - $500K Tempe Real Estate