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$725,000
4 Beds 4 Baths 7071735 MLS
Four on Mariana is a well-maintained four-unit residential investment property located in central Tempe, Arizona. The property consists of four 1- bedroom/1-bathroom units, each approximately 480 SF (1,920 SF total), situated on the end lot of a cul-de-sac with four covered parking spaces and a seller-owned coin laundry on-site. The location is a key asset -- within walking distance of the Arizona State University Tempe campus and minutes from the Novus Innovation Corridor and major highways, driving consistent tenant demand and historically low vacancy. Tenants enjoy exceptional connectivity with minutes-away access to major highways. This is not just a stable investment, it's an opportunity for growth. Current market analysis indiscated room to increase rents allowing for larger re

908 S Mariana Street, 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

$799,900
4 Beds 3 Baths 7062585 MLS 2,639 SqFt.
Rare opportunity to own brand-new construction in the heart of Tempe w/ modern design, energy efficiency & no HOA. Perfect as a primary residence, multigenerational home or investment property w/ strong rental potential near ASU. Minutes from ASU, Tempe Town Lake, Sky Harbor, shopping, dining & freeways. Open-concept floorplan w/ 9-ft ceilings, recessed lighting & wood-look flooring. Kitchen features quartz counters, shaker cabinets, SS appliances, lg island & dining area. 4BD/3BA + office/optional 5th BD. Primary suite w/ walk-in closet, dual vanities & walk-in shower. Spray foam insulation, oversized 2-car garage, RV gate, laundry w/ cabinets & utility sink, low-maintenance landscaping, paver driveway & covered patio.

1218 W Howe 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

$730,000
3 Beds 4 Baths 7052053 MLS 2,591 SqFt.
Wonderful home in sought-after Tempe neighborhood! You are greeted by mature, shade-giving trees and an inviting, private courtyard that sets a welcoming tone. Inside, this residence boasts comfortable living spaces and well-appointed kitchens & formal dining area perfectly suited for culinary creativity. The home features generously sized bedrooms, offering a peaceful retreat, and a backyard designed for enchanting, relaxing evenings which includes an outdoor gas fireplace. Property includes 1 bedroom Casita and studio apartment. Ample parking in front and back of house. Bring all your toys!! Whether you are looking for a smart addition to your portfolio or a wonderful place to call home, this is an opportunity you won't want to miss! Close to ASU and downtown Tempe.

1222 S Wilson Street, 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

$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

$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

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