Quick Tempe AZ MLS Search

Browse All Tempe AZ Under $200K Properties for Sale

$197,000
1 Beds 1 Baths 7067030 MLS 631 SqFt.
Thoughtfully refreshed and ideally located near ASU! This upper-level 1-bedroom, 1-bath Tempe Villas condo offers approx. 631 SF with new carpet, new countertops, a new stainless steel appliance package including range, refrigerator, microwave & dishwasher, plus a new stacked washer & dryer. Sliding doors open to a private balcony overlooking a lushly landscaped courtyard, while the unit's tucked-away location offers added privacy from University Drive. Enjoy assigned covered parking, manicured grounds, community pool, spa and clubhouse. Walk or bike to ASU, light rail, restaurants, entertainment & parks, with Mill Ave, Sun Devil Stadium, shopping, freeway access & Sky Harbor Airport all nearby. Ideal as a primary residence or investment property. Freshly Updated: New carpet, new countertops, a new appliance package including range, refrigerator, microwave and dishwasher, plus a new washer and dryer create a fresh, move-in-ready feel. Private Upper-Level Setting: This upper-level residence is tucked in from University Drive and features sliding doors leading to a private balcony, creating a more comfortable and private setting. Community Amenities: Tempe Villas offers manicured grounds, a community pool, spa and spacious clubhouse with gathering space and kitchen. One assigned covered parking space is included. Connected Tempe Lifestyle: Enjoy close proximity to ASU, light rail, Mill Avenue, Sun Devil Stadium, nearby parks, restaurants, shopping and entertainment, with convenient freeway access and easy access to Sky Harbor International Airport. Flexible Ownership Opportunity: Well suited for a primary residence, lock-and-leave lifestyle or investment consideration in a highly convenient Tempe location.

1111 E University Drive Unit 229, Tempe

$80,000
2 Beds 2 Baths 7046141 MLS 1,328 SqFt.
This beautiful, fully remodeled home, is located in a gated and private 55+ community with a pool and clubhouse. With over $53,000 in upgrades including NEW KITCHEN APPLIANCES, NEW A/C, NEW HOT WATER HEATER and THE MOST LUSH GARDEN OASIS this home is a must see! The home features new LG appliances including a three-door refrigerator, 5 Burner stove and oven with air fryer setting, over the counter microwave and dishwasher. The kitchen has ample storage, new counters, new tile, new garbage disposal and large pantry. A nice bonus room directly off of the large living room can be converted to an additional bedroom. Both bathrooms have been fully remodeled with new tile, Glacier Bay toilets, Jacuzzi brand shower enclosures and ceiling exhaust fan. (please see more...) The guest bedroom has been extended and feature a spacious office area. The master bedroom is large with a walk-in closet. The entire home includes new flooring throughout. All exterior walls include new drywall and exterior siding for added insulation and sound-proofing. A 13 cubic foot HVAC unit was installed by Parker & Sons in 2023 and comes with a 15 year warranty. A new hot water heater was installed in August 2024. An entirely new and upgraded electrical panel with all new breakers and wiring was installed in February. Well over $50,000 in upgrades with full warranties on all the appliances, HVAC, electrical panel, roof and shower enclosures. On the exterior, the home features two covered decks with one fully screened for privacy and comfort. The large rear yard is fully landscaped and has a relaxing paved patio with pergola and fountain which provides the perfect sitting area for morning coffee or evening dinners. A separate BBQ area with a covered pergola further sets this home apart from the rest. Five arbors surround the rear yard providing shade and additional privacy. There are three large sheds which provide ample storage. A complete automated irrigation system and automatic landscape lighting make the yard a maintenance free retreat unlike anything else offered in the area. A complete security system is included with six cameras. This is a one-of-a-kind move-in ready home that is being offered $30,000 below the market value. TOTAL SQUARE FOOTAGE OF THIS MARVELOUS HOME IS 1376 SQUARE FEET. The following is a detailed list of all improvements to home: Air conditioning unit w/warranty $13,000.00 Hot water heater. $180.00 Refrigerator w/warranty $1100.00 Stove/oven w/warranty $800.00 Microwave w/warranty $400.00 Dishwasher w/warranty $400.00 Room addition $11,000.00 (2) Shower enclosures w/warranty $9,000.00 Completely landscaped yard front/back including perimeter fence and gate, (6) arbors, paved patio, paved BBQ area, large 12x14 patio cover, landscape lighting front/back, automatic irrigation front/back, artificial turf front/back $7,000.00 Exterior siding $4,000.00 Fresh paint $2,000.00 Laminate flooring throughout $1,800.00 Drywall in bedroom, bathrooms, living room and dining room $1,500.00 New electrical panel and breakers $3,500.00 Total upgrades and improvements $53,680.00

2727 E University Drive Unit 66, Tempe

$177,000
1 Beds 1 Baths 7031618 MLS 693 SqFt.
Beautifully updated 1-bedroom, 1-bath condo in an unbeatable Tempe location right along Orbit's College Avenue Route! Just minutes from Arizona State University, Tempe Town Lake, Light Rail access, Phoenix Sky Harbor International Airport, shopping, dining, parks, and major freeways, this home offers the perfect blend of convenience, comfort, and lifestyle. Inside, you'll find a bright, modern interior featuring beautiful Republic ''Pro Designer'' luxury vinyl plank flooring professionally installed throughout in January 2023 by Express Flooring. Fresh Swiss Coffee paint, professionally applied by CertaPro Painters in 2023, creates a clean and inviting feel that complements the open-concept layout. The stylish kitchen is equipped with granite countertops, stainless steel appliances, a sleek glass cooktop, subway tile backsplash, and convenient stacked washer and dryer. New Kohler faucets were installed at both the kitchen and bathroom sinks in 2024, adding an extra touch of quality and style. Additional peace of mind comes with the Trane A/C system installed in 2021, complete with a transferable twice-a-year preventive maintenance package. Enjoy resort-style living at Chesapeake Condominiums with access to two sparkling pools, a relaxing hot tub, clubhouse, and BBQ areas perfect for entertaining or unwinding. Fitness enthusiasts will love having LA Fitness right across the street, along with popular local dining spots including Fate Brewing Company and more just moments away. This move-in-ready condo is the perfect opportunity to enjoy everything Tempe has to offer!

200 E Southern Avenue Unit 270, Tempe

$189,000
1 Beds 1 Baths 7019141 MLS 617 SqFt.
Upgraded 1-bed/1-bath condo in Tempe's Rialto Condominiums, minutes from ASU and near Rural Rd and Broadway Rd. Move-in ready with fresh paint, new luxury plank flooring, updated ceiling fans, new window coverings, and an open, light-filled floor plan. HVAC updated in 2023. The oversized private balcony overlooks the heated community pool and spa. In-unit stacked washer/dryer, ample storage, and all appliances included: electric range, dishwasher, built-in microwave, refrigerator. Covered carport parking and on-site fitness center. HOA covers exterior maintenance, water, sewer, trash, and common areas for true lock-and-leave living. Minutes to Loop 101, US-60, shopping, and dining. Rialto Condominiums, Tempe, AZ 85282. Upgraded 1-bedroom, 1-bathroom condo in the Rialto Condominiums at 1125 E Broadway Rd #225, Tempe, AZ 85282 -- approximately 2 miles from Arizona State University's Tempe campus. This 617-square-foot unit is move-in ready with fresh paint, brand-new luxury plank flooring, updated ceiling fans, new window coverings, and an open, light-filled floor plan. HVAC was replaced in 2023. The primary bedroom includes a walk-in closet, and the oversized private balcony overlooks the community's fenced pool and heated spa. In-unit stacked washer/dryer, ample storage, and all appliances are included: electric range, disposal, dishwasher, built-in microwave, and refrigerator. The Rialto Condominiums community also offers a fitness center, covered carport parking, and sits near a bus stop for an easy commute to ASU. HOA dues cover exterior maintenance, water, sewer, trash, and common areas, making this a true lock-and-leave property ideal for low-maintenance living near campus. Located at the corner of Rural Rd and Broadway Rd, the condo offers quick access to Loop 101 and US-60, plus nearby shopping, dining, and entertainment. Rural Road connects directly north to ASU and downtown Tempe's Mill Avenue District. Whether as a primary residence, rental investment, or pied-à-terre near campus, this Rialto Condominiums unit pairs location, low upkeep, and recent upgrades in one of Tempe's most convenient ZIP codes, 85282.

1125 E Broadway Road Unit 225, Tempe

Start Your Search

Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Under $200K Tempe Real Estate

Our website features the best real estate search for under $200k properties available in Tempe and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire. 

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood! 

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Contact us today to find out how we can be of assistance to you!