University Heights, AZ homes for sale & real estate

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ABOUT THIS HOME
University Heights, AZ Homes for Sale
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 Pane Windows. All this and Close to ASU.

$440,000

3 beds1.5 baths904 sq ft

1622 E 12th St, Tempe, AZ 85281

Newer roof • New a/c • Close to asu

ABOUT THIS HOME
University Heights, AZ Homes for Sale
INVESTOR ALERT! Seize this rare, high-cash-flow opportunity in University Heights, Tempe's premier student housing corridor adjacent to Arizona State University (ASU). This is a strategic Legal Duplex designed for maximum rental yield, offering two distinct income streams: a 1,200 sq ft, 3-bedroom, 1-bath main house, and a brand-new, detached 850 sq ft ADU. This property is not just a rental; it is a meticulously designed income machine with an above average cap rate near 8%. Ideal for a dedicated student housing portfolio, flexible long-term rentals, or a savvy owner-occupant seeking substantial passive income.

$799,000

6 beds3 baths— sq ft

1324 E Hall St, Tempe, AZ 85281

Detached adu • Private entrances • Minutes from campus

ABOUT THIS HOME
University Heights, AZ Homes for Sale
Enjoy comfort and convenience in this well-appointed home featuring two Jack-and-Jill suites on opposite wings, quartz countertops, durable vinyl flooring, and sleek flush-mount lighting. The primary suite includes a walk-in closet and ¾ bath with safety grab bar. Each bedroom offers private vanities, built-in desks, ceiling fans, and extra storage. The fully equipped kitchen boasts Whirlpool and Frigidaire appliances plus plenty of storage. Ideally located near ASU, Tempe Town Lake, Mill Ave, and top dining and shopping spots. Attic storage included!

$899,000

6 beds4 baths2,627 sq ft

1314 E Orange St, Tempe, AZ 85281

Quartz countertops • Walk-in closet • Built-in desks

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ABOUT THIS HOME
University Heights, AZ Homes for Sale
Four on Mariana - Fully Renovated Block Construction in Prime Tempe Location Welcome to Four on Mariana, an exceptional all-block construction multifamily property ideally located just minutes from Arizona State University and Downtown Tempe. This beautifully upgraded fourplex offers investors a rare turnkey opportunity in one of the most in-demand rental markets in the Valley. Each of the four studio units has been fully renovated with a modern aesthetic and durable finishes designed for long-term performance. Interiors feature upgraded flooring, contemporary kitchens with sleek cabinetry, stainless steel appliances, and refreshed bathrooms with designer fixtures. The clean, open layout

$730,000

— beds— baths— sq ft

1002 S Mariana St, Tempe, AZ 85281

Fully renovated • Modern kitchens • Upgraded flooring

Average home prices near University Heights, AZ

Cities

Queen Creek homes for sale
$649,999
Tolleson homes for sale
$366,700
Sun Lakes homes for sale
$499,000
Goodyear homes for sale
$499,000
Tempe homes for sale
$515,000
Peoria homes for sale
$545,225
San Tan Valley homes for sale
$454,990
Scottsdale homes for sale
$1,088,888
Fountain Hills homes for sale
$745,000
Gilbert homes for sale
$625,000
Mesa homes for sale
$475,000
Paradise Valley homes for sale
$5,900,000
Glendale homes for sale
$459,900
Phoenix homes for sale
$469,995
Chandler homes for sale
$539,000

Neighborhoods

Downtown Tempe-Rio Salado homes for sale
$497,500
Cole Park homes for sale
$520,000
Villagio at Tempe homes for sale
$365,000
Escalante homes for sale
$500,000
Riverside homes for sale
$416,500
Downtown Tempe homes for sale
$699,000
Apache homes for sale
$362,000
West Mesa homes for sale
$359,950
Mesa Grande homes for sale
$299,475
Maple Ash homes for sale
$1,450,000

University Heights, AZ real estate trends

$480K

Sale price

$372

Sale $/sq ft

Under list price

Days on market

Down payment

—

Total homes sold

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