As one of the fastest-growing cities in the United States, Tempe, AZ benefits from a bustling economy driven by industries like retail trade, educational services, and health care. The presence of Arizona State University, one of the largest universities in the nation, also fuels the demand for housing, and attracts students, faculty, and staff to the area to create a steady stream of renters and homebuyers.
Its proximity to Phoenix (a mere 22 minutes away) make Tempe a prime location for real estate investment. Upscale and safe neighborhoods like Alta Mira, Dava-Lakeshore, and Optimistic Park SE regularly attract professionals and families who are looking to put roots down in this affordable and exciting Southwest city.
With year-round sunshine enhancing its appeal and an abundance of outdoor recreational opportunities to choose from in every season, Tempe attracts a lot of interest in people who are looking for modern condominiums and apartments in the vibrant downtown area, or spacious single-family homes in suburban neighborhoods. The city's thriving rental market presents opportunities for investors interested in income-producing properties, with high demand from both students and young professionals seeking convenient and affordable housing options.
Popular Streets in Tempe, Arizona
5th St74322$429,7194,298 Sq.Ft.5/13/20256th St65522$548,0763,924 Sq.Ft.5/23/2025Baseline Rd58022$361,60813,393 Sq.Ft.5/1/2025Broadway Rd48823$347,61811,807 Sq.Ft.5/21/2025Grove Pkwy45321$270,6124,595 Sq.Ft.3/14/2025La Jolla Dr46832$511,6962,702 Sq.Ft.5/29/2025Manhatton Dr44542$529,1131,798 Sq.Ft.4/25/2025Rio Salado Pkwy59222$589,55419,012 Sq.Ft.6/11/2025Southern Ave86722$299,4007,048 Sq.Ft.5/21/2025University Dr91122$352,70414,064 Sq.Ft.6/10/2025All Streets in Tempe, Arizona
Windjammer Way2632$636,5002,036 Sq.Ft.4/27/2023Woodman Dr11432$580,6492,015 Sq.Ft.2/19/2025Yale Dr16632$487,6511,568 Sq.Ft.4/4/2025Yvonne Ln4043$689,5252,219 Sq.Ft.2/3/20236400 N Brooks RdDouglas, AZ 85607
Estimated Value $318,000
Living Area 2,210 SqFt
Beds 4
Baths 2
Year Built 1962
Property Type Single Family
Ownership Type Related
APN 407-25-001
Municipality BISBEE
School District Bisbee Unified District
3276 W White Feather RdMc Neal, AZ 85617
Estimated Value $94,000
Living Area 1,280 SqFt
Beds 4
Baths 2
Year Built 2000
Property Type Manufactured Homes
Ownership Type Related
APN 404-32-119
Subdivision Double E Ranch
School District McNeal Elementary District
6900 N Indian PlMc Neal, AZ 85617
Estimated Value $60,000
Living Area 838 SqFt
Beds 2
Baths 2
Year Built 1981
Property Type Residential General
Ownership Type Individual
APN 407-02-007D
Municipality DOUBLE ADOBE
School District Double Adobe Elementary District
9290 N Wynn DrMc Neal, AZ 85617
Estimated Value $260,000
Living Area 5,048 SqFt
Beds 5
Baths 3
Year Built 1999
Property Type Manufactured Homes
Ownership Type Related
APN 404-19-001Y
Municipality MCNEAL
School District McNeal Elementary District
4499 W Prince RdMc Neal, AZ 85617
Estimated Value $104,000
Living Area 381 SqFt
Beds 1
Baths 1
Year Built 2013
Property Type Single Family
Ownership Type Related
APN 407-17-003G
Municipality DOUBLE ADOBE
School District Double Adobe Elementary District
3992 W Mcneal StMc Neal, AZ 85617
Estimated Value $220,000
Living Area 1,661 SqFt
Beds 4
Baths 3
Year Built 1979
Property Type Single Family
Ownership Type Related
APN 404-20-029
Municipality MCNEAL
School District McNeal Elementary District
9097 N Montie AveMc Neal, AZ 85617
Estimated Value $117,000
Living Area 2,560 SqFt
Beds 3
Baths 2
Year Built 1971
Property Type Manufactured Homes
Ownership Type Multiple
APN 404-21-052
Subdivision Mc Neal
School District McNeal Elementary District
5841 W Come Back LnMc Neal, AZ 85617
Estimated Value $187,000
Living Area 1,206 SqFt
Beds 2
Baths 1
Year Built 1995
Property Type Single Family
Ownership Type Individual
APN 111-45-023D
Municipality BISBEE
School District Bisbee Unified District
8832 N Central HwyMc Neal, AZ 85617
Estimated Value $193,000
Living Area 3,049 SqFt
Beds 3
Baths 2.5
Year Built 1937
Property Type Single Family
Ownership Type Individual
APN 404-29-001
Municipality MCNEAL
School District McNeal Elementary District
4479 W Davis RdMc Neal, AZ 85617
Estimated Value $295,000
Living Area 2,221 SqFt
Beds 3
Baths 2
Year Built 1984
Property Type Single Family
Ownership Type Individual
APN 404-25-012
Municipality MCNEAL
School District McNeal Elementary District
3803 W Jefferson RdElfrida, AZ 85610
Estimated Value $221,000
Living Area 1,728 SqFt
Beds 2
Baths 2
Year Built 1998
Property Type Manufactured Homes
Ownership Type Related
APN 403-37-004
Municipality ELFRIDA VUHS ELFRIDA FIRE ELFR
School District Elfrida Elementary District
4913 W Buford LnMc Neal, AZ 85617
Estimated Value $113,000
Living Area 1,120 SqFt
Beds 3
Baths 2
Year Built 1987
Property Type Manufactured Homes
Ownership Type Individual
APN 405-07-020
Municipality BISBEE
School District Bisbee Unified District
4255 W Heart LnMc Neal, AZ 85617
Estimated Value $302,000
Living Area 2,057 SqFt
Beds 4
Baths 3
Year Built 2004
Property Type Single Family
Ownership Type Related
APN 404-22-007F
Municipality MCNEAL
School District McNeal Elementary District
4217 W Swisshelm TrlElfrida, AZ 85610
Estimated Value $114,000
Living Area 1,064 SqFt
Beds 2
Baths 1
Year Built 1983
Property Type Single Family
Ownership Type Individual
APN 403-70-009
Subdivision Sherman Oaks
School District Elfrida Elementary District
4995 W Horseshoe LnMc Neal, AZ 85617
Estimated Value $316,000
Living Area 2,438 SqFt
Beds 3
Baths 2
Year Built 1925
Property Type Single Family
Ownership Type Individual
APN 103-30-007
Municipality BISBEE
School District Bisbee Unified District
4024 W Davis RdMc Neal, AZ 85617
Estimated Value $192,000
Living Area 1,440 SqFt
Beds 3
Baths 2
Year Built 2000
Property Type Manufactured Homes
Ownership Type Individual
APN 404-20-006
Municipality MCNEAL
School District McNeal Elementary District