Tempe Multifamily Sold By Owner (15 Homes)

  • Other For Sale $969,000
    • 6Bed
    601 S HARDY Drive, Tempe, Arizona

    Williams heritage is a six-unit multifamily community, located near downtown tempe arizona. the... Read More

  • Other For Sale $3,150,000
    • 18Bed
    2309 S College Avenue, Tempe, Arizona

    Tempe cottages is an 18-unit contemporary boutique apartment community located in this highly... Read More

  • Other For Sale $2,445,000
    • 11Bed
    • 1Baths
    • 475Sq ft
    704 W 5TH Street, Tempe, Arizona

    Parkview on 5th is a 17-unit garden-style apartment community located in a highly desirable north... Read More

  • Other For Sale $799,000
    • 9Bed
    604 S ROOSEVELT Street, Tempe, Arizona

    Roosevelt place is a 1955 block-constructed building. its vintage charm lends itself to the... Read More

  • Other For Sale $510,000
    • 6Bed
    • 1Baths
    1102 S STRATTON Lane, Tempe, Arizona

    Location-location!! near asu, 101, 202 & valley metro light rail. to include parcels 132-66-048-c... Read More

  • Other For Sale $1,999,000
    • 17Bed
    • 1Baths
    • 350Sq ft
    1228 W 4TH Street, Tempe, Arizona

    Town lake apartments consists of six buildings with a total of 28 units located in bustling city... Read More

  • Other For Sale $550,000
    • 8Bed
    1332 S PRIEST Drive, Tempe, Arizona

    Great income producing 8 unit complex

  • Other For Sale $673,000
    • 6Bed
    1214 S FARMER Avenue, Tempe, Arizona

    6 units walking distance to mill ave and arizona state university. two buildings on one parcel... Read More

  • Other For Sale $775,000
    • 8Bed
    • 1Baths
    • 320Sq ft
    1218-1222 S Farmer Avenue, Tempe, Arizona

    Great opportunity, walking to mill ave and asu. two separate lots with 6 and 3 units. 8 - 1 bed/1... Read More

  • Other For Sale $1,274,750
    • 14Bed
    903-921 S Farmer Avenue, Tempe, Arizona

    14 units , 4 buildings single story all 1bed/1bath. owner has been hands on since he bought in... Read More

  • Other For Sale $1,020,000
    • 13Bed
    1029 S Wilson Street, Tempe, Arizona

    This downtown tempe property sits in one of the most highly desirable locations in the greater... Read More

  • Other For Sale $759,000
    • 10Bed
    626 S WILSON Street, Tempe, Arizona

    Click documents tab for property flier. superior tempe location a block and a half off mill... Read More

  • Other For Sale $1,495,000
    • 17Bed
    • 1Baths
    • 350Sq ft
    1228 W 4TH Street, Tempe, Arizona

    Sale of this property includes apn 124-28-001d and 124-28-001f. property consists of 6 buildings... Read More

  • Other For Sale $813,040
    • 16Bed
    120 S CARNEY Avenue, Tempe, Arizona

    This listing is being entered into mls solely for informational purposes for appraisers and other... Read More

  • Other For Sale $3,700,000
    • 16Bed
    2435 N McAllister Avenue, Tempe, Arizona

    A prime property with excellent cash flow and occupancy. this well maintained 38 unit complex is... Read More

Tempe - Statistics and Home Trends

Sold Activity Chart

AVERAGE PRICE

$ 305,645

NEW LISTINGS THIS WEEK

80

PRICE PER SQUARE FOOT

$ 156

AVERAGE PRICE

$ 273,797

NEW LISTINGS THIS WEEK

8

PRICE PER SQUARE FOOT

$ 184

AVERAGE PRICE

$ 261,880

NEW LISTINGS THIS WEEK

33

PRICE PER SQUARE FOOT

$ 143

AVERAGE PRICE

$ 358,545

NEW LISTINGS THIS WEEK

1

PRICE PER SQUARE FOOT

$ 9,411

Average Price
Land Sold in Tempe (79) $ 355,613

AVERAGE PRICE

$ 358,398

NEW LISTINGS THIS WEEK

0

PRICE PER SQUARE FOOT

$ N/A

Learn More About Tempe, Arizona

Currently there are 233 homes for sale, 37 condos and apartments for sale, 15 vacant land for sale and 63 townhomes for sale in Tempe

Background and Weather Here –
Tempe is located in Maricopa County, Arizona and was once known as Hayden’s Ferry. This city is named after the “Vale of Tempe” which is located in Greece. The population here as of 2017 was more than 185,000. Tempe can be found in the East Valley portion of metropolitan Phoenix. Tempe borders Phoenix and Guadalupe on the West, Scottsdale on the North, Chandler on the South and Mesa on the East. According to the United States Census Bureau, Tempe is approximately 40 square miles in size with a very small portion of that being water. The climate here in Tempe is a very interesting one. It is what is known as a “Tropical and Subtropical Desert” climate. Most places here in Arizona have a “Desert” climate but Tempe is a little different. Typically, in desert climates there is virtually no rain and that really does not differ here. Tempe only receives 9 inches of rain per year. The national average is 39. There is zero snowfall here since the temperature will rarely fall below 40 degrees during the winter. The hottest part of the year here goes from the end of May until the end of September when the daily average high is a staggering 100 degrees. The low for this time is in the mid 80’s. So, the summer months here do tend to get a bit hot. The coolest part of the year here goes from the end of November until the end of February when the daily average high is 73 degrees. The low for this time is just about 44 degrees. The summer months can often see temperatures shoot up to 111 degrees. Since the climate here is partly a desert climate, the air can often feel very dry. That is because there is hardly any humidity in the air since there is virtually no precipitation.

Major Employers and Arizona Mills –
There are many large companies here in Tempe that help boost the economy. Arizona State University employs just shy of 8,800 people and State Farm employs roughly 8,500. These are the two of the largest employers here in Tempe. Besides them, Wells Fargo employs 3,300 people, US Airways employs more than 2,500, ABM Industries employs a little more than 2,000, JP Morgan Chase employs just under 2,000 and the Tempe Elementary School District employs about 1,700 people. Besides these employers, there is Arizona Mills which is an indoor shopping mall. This 1.2 million square foot mall has more than 200 retailers and was opened back in 1997. This shopping mall not only employs several hundred people, it is also one of the biggest tourist attractions here in Tempe. This mall is so large that is has more than 6,000 parking spots! Think about the fun you could have here on the weekend!

Hughes Acres and The Lakes –
“Hughes Acres” is a neighborhood that is located less than 7 minutes from Arizona State University. This area is perfect for people who want to live in an urban setting. The homes here can be found in the heart of downtown Tempe. Here you have the option to either drive or walk to local recreation. Most people who live here prefer to walk to local eateries and shops. Having such proximity to Arizona State University allows you to visit there for football games as often as you would like. There are also several night clubs here since it is located so close to a college campus. This really helps appeal to a younger demographic. This is one area of Tempe that you must check out when thinking of moving here! Another wonderful neighborhood here in Tempe is “The Lakes.” This neighborhood has homes ranging in price from $100,000 all the way up to $1 million for a house on the lake. This neighborhood, like “Hughes Acres”, is located a stones throw away from Arizona State University. Here at “The Lakes” you will find a community clubhouse that has such amenities as tennis and volleyball courts, a pool, gym, playground and a picnic area. If you own a boat, you are more than welcome to fish right on the lake. This neighborhood is for the active because there are always events going on here like concerts, barbecues and other social events. Right next door to this neighborhood is a major shopping center which makes things very convenient if you don’t want to travel far to go to the grocery store or bank.

Summary –
Tempe has so much to offer potential buyers. Between the abundant number of employers to the great neighborhoods, you can not go wrong here! Make sure to check out Tempe when thinking of moving to Arizona!

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Your home will be found on the local MLS, plus all the major search engines and popular real estate portal sites, including: Trulia, Zillow, Realtor.com, MSN, AOL, Bing, Yahoo, and of course Google. Additionally when your home gets added to the MLS, your FSBO listing will listed alongside of the homes listed by ReMax, C-21, Coldwell Banker, ERA, Redfin, Movoto, Keller Williams and all the other nationwide brokerage sites. These sites often display “all” of the MLS postings, not just their own, which means your home will be on these sites also.

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Currently Tempe has 361 properties on the market for sale. The inventory was last updated 06/24/2019. Of these properties, 233 single family homes are for sale by their owners in Tempe, and 37 condos are for sale by their owners in Tempe. The average price of the single family homes for sale in Tempe, is $607,723, the average condo price in Tempe, is $468,757. The average price per square foot of the active inventory is $132. This is based the living area square footage.

Over the last year, there have been 14,762 of properties sold in Tempe. Of these properties, 9,982 single family homes have sold by their owners in Tempe, and 1,348 condos have sold by their owners in Tempe. The average sales price of the single family homes sold in Tempe, is $305,645. Single family homes have been selling for 156 per square foot of living area. The average sales price of the condos for sale in Tempe, is $273,797. Condos have been selling for 184 per square foot of living area.

The most active subdivisions with listings for sale in Tempe, are: Continental East 6 (6 For Sale), O C Watson Tract (5 For Sale), Knoell Tempe 6 (4 For Sale), Tempe Royal Palms 6 (4 For Sale), Alisanos 2nd & 3rd Amd (4 For Sale), Chesapeake Condominium (4 For Sale), Villagio At Tempe Condominium Amd (4 For Sale), Warner Ranch Meadows (3 For Sale), Tempe Royal Palms 18 Amd Lot 446 826 (3 For Sale), Tempe Gardens 11 Lot 1229 1339 (3 For Sale)

If you are thinking of selling your Tempe home, try our flat fee listing service, Our list fees start at $449, and may save you $15,000 in real estate commissions. Click here to start saving.

Disclaimer: Listing broker has attempted to offer accurate data, but buyers/lessees are advised to confirm all information IDX information is provided exclusively for consumers' personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect Participants and/or the MLS from liability.
This data up-to-date as of 06/24/2019