Downtown Tempe-Rio Salado, AZ homes for sale & real estate

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OPEN SAT, 12PM TO 4PM

ABOUT THIS HOME
Downtown Tempe-Rio Salado, AZ Homes for Sale
Penthouse Living in Downtown Tempe! Welcome to this stunning 3rd-floor penthouse condominium at The Vale, one of downtown Tempe's most iconic residential communities designed by renowned architect Will Bruder. Offering 3 bedrooms, 3 bathrooms, and 2,257 square feet, this modern residence blends architectural drama with everyday comfort. The expansive great room immediately impresses with its soaring 22-foot vaulted ceilings and a north-facing wall of windows showcasing breathtaking views of Camelback Mountain and Tempe. Upstairs, additional south-facing windows capture scenic vistas of Diablo Mountain and South Tempe, filling the home with natural light throughout the day. The open-concept

$524,909

3 beds2.5 baths2,257 sq ft

1111 W University Dr #3011, Tempe, AZ 85281

Quartz countertops • Open concept kitchen • Great room

3D WALKTHROUGH

ABOUT THIS HOME
Downtown Tempe-Rio Salado, AZ Homes for Sale
For the first time in 27 years, this iconic 1918 Craftsman Bungalow in the heart of Maple Ash is available! The Byron Redden House is a nationally registered historic home, set on a spacious, flood-irrigated corner lot, the 3 bed, 2.5 bath main home (plus office with beautiful etched glass doors) offers 3,003 SF of timeless charm—oak floors, Pella windows, stained glass, and rich architectural detail throughout. The updated kitchen features a Heartland gas stove and Restoration Hardware lighting. The remodeled primary bath includes a clawfoot tub. Original built-ins grace the formal dining room. Two separate guest apartments (2 bed/1 bath & 1 bed/1 bath) total 1,400 SF. 4-car ta

$1,450,000

6 beds4.5 baths4,403 sq ft

948 S Ash Ave, Tempe, AZ 85281

0.27 acre lot • 4 garage spots • Built 1912

OPEN FRI, 3PM TO 5PM

ABOUT THIS HOME
Downtown Tempe-Rio Salado, AZ Homes for Sale
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

$899,000

3 beds2 baths1,753 sq ft

1426 S Grandview Dr, Tempe, AZ 85281

Separate guest space • Fully remodeled • Flood irrigation

ABOUT THIS HOME
Downtown Tempe-Rio Salado, AZ Homes for Sale
Welcome to resort-style living in this beautifully appointed ground-floor condo located in a gated community. This two-bedroom, two-bathroom residence features a spacious, open-concept layout filled with natural light and tranquil pool views—ideal for both relaxing and entertaining. Enjoy the convenience of a private one-car garage with a large storage area. Community amenities include a resort-style pool and hot tub, fully equipped fitness center, and BBQ area perfect for gatherings. Just minutes from ASU, Mill Avenue, shopping, restaurants, and entertainment, this home offers the perfect blend of comfort, security, and vibrant Tempe living.

$449,000

2 beds2 baths1,180 sq ft

420 W 1st St #110, Tempe, AZ 85281

Gated community • Bbq area • Tranquil pool views

$349,000

2 beds2 baths1,590 sq ft

1081 W 1st St #16, Tempe, AZ 85281

$525 HOA • 2 garage spots • Built 2002

Property at 945 E Playa Del Norte Dr #5005, Tempe, AZ 85288, 2 beds, 2 baths

$474,900

2 beds2 baths1,208 sq ft

945 E Playa Del Norte Dr #5005, Tempe, AZ 85288

Property at 542 W 15th St, Tempe, AZ 85281, 3 beds, 2 baths

$465,000

3 beds2 baths1,290 sq ft

542 W 15th St, Tempe, AZ 85281

Property at 120 E Rio Salado Pkwy #301, Tempe, AZ 85281, 1 bed, 1.5 baths

$449,000

1 bed1.5 baths1,137 sq ft

120 E Rio Salado Pkwy #301, Tempe, AZ 85281

Property at 1101 S Farmer Ave, Tempe, AZ 85281, 8 beds, 4 baths

$999,999

8 beds4 baths— sq ft

1101 S Farmer Ave, Tempe, AZ 85281

Property at 425 W Rio Salado Pkwy #110, Tempe, AZ 85281, 2 beds, 2 baths

$515,000

2 beds2 baths1,283 sq ft

425 W Rio Salado Pkwy #110, Tempe, AZ 85281

Property at 1064 W 5th St, Tempe, AZ 85281, 3 beds, 1 bath

$465,000

3 beds1 bath912 sq ft

1064 W 5th St, Tempe, AZ 85281

Property at 1111 W University Dr #2026, Tempe, AZ 85281, 1 bed, 1 bath

$320,000

1 bed1 bath864 sq ft

1111 W University Dr #2026, Tempe, AZ 85281

Property at 1718 S Marilyn Ann Dr, Tempe, AZ 85281, 4 beds, 2 baths

$495,000

4 beds2 baths1,386 sq ft

1718 S Marilyn Ann Dr, Tempe, AZ 85281

Property at 734 S Beck Ave, Tempe, AZ 85281, 3 beds, 3 baths

$450,000

3 beds3 baths1,485 sq ft

734 S Beck Ave, Tempe, AZ 85281

Property at 421 W 6th St #1003, Tempe, AZ 85281, 3 beds, 2.5 baths

$565,000

3 beds2.5 baths1,472 sq ft

421 W 6th St #1003, Tempe, AZ 85281

Property at 901 W 16th St, Tempe, AZ 85281, 3 beds, 2 baths

$448,000

3 beds2 baths1,480 sq ft

901 W 16th St, Tempe, AZ 85281

Property at 1002 S Mariana St, Tempe, AZ 85281

$730,000

— beds— baths— sq ft

1002 S Mariana St, Tempe, AZ 85281

Property at 548 S Wilson St #104, Tempe, AZ 85281, 2 beds, 2 baths

$300,000

2 beds2 baths1,048 sq ft

548 S Wilson St #104, Tempe, AZ 85281

Property at 21 E 6th St #507, Tempe, AZ 85281, 1 bed, 1 bath

$399,000

1 bed1 bath882 sq ft

21 E 6th St #507, Tempe, AZ 85281

Property at 140 E Rio Salado Pkwy #504, Tempe, AZ 85281, 2 beds, 2 baths

$835,000

2 beds2 baths1,761 sq ft

140 E Rio Salado Pkwy #504, Tempe, AZ 85281

Property at 1229 E Spence Ave, Tempe, AZ 85281

$1,600,000

— beds— baths— sq ft

1229 E Spence Ave, Tempe, AZ 85281

Property at 22 E 15th St E, Tempe, AZ 85281, 3 beds, 2 baths

$775,000

3 beds2 baths1,235 sq ft

22 E 15th St E, Tempe, AZ 85281

Property at 526 W 1st St #106, Tempe, AZ 85281, 2 beds, 2.5 baths

$575,000

2 beds2.5 baths1,557 sq ft

526 W 1st St #106, Tempe, AZ 85281

Property at 140 E Rio Salado Pkwy #1205, Tempe, AZ 85281, 3 beds, 3.5 baths

$4,625,000

3 beds3.5 baths5,186 sq ft

140 E Rio Salado Pkwy #1205, Tempe, AZ 85281

Property at 1077 W 1st St #205, Tempe, AZ 85281, 2 beds, 2 baths

$249,900

2 beds2 baths779 sq ft

1077 W 1st St #205, Tempe, AZ 85281

Property at 330 S Beck Ave #211, Tempe, AZ 85281, 2 beds, 2 baths

$232,900

2 beds2 baths838 sq ft

330 S Beck Ave #211, Tempe, AZ 85281

Property at 1711 S Hardy Dr, Tempe, AZ 85281, 4 beds, 2 baths

$530,000

4 beds2 baths1,573 sq ft

1711 S Hardy Dr, Tempe, AZ 85281

Property at 1812 S Shafer Dr, Tempe, AZ 85281, 3 beds, 2 baths

$460,000

3 beds2 baths1,274 sq ft

1812 S Shafer Dr, Tempe, AZ 85281

Property at 1111 E University Dr #120, Tempe, AZ 85288, 1 bed, 1 bath

$239,000

1 bed1 bath631 sq ft

1111 E University Dr #120, Tempe, AZ 85288

Property at 346 E Broadway Ln, Tempe, AZ 85282, 3 beds, 2 baths

$635,000

3 beds2 baths1,650 sq ft

346 E Broadway Ln, Tempe, AZ 85282

Property at 919 W Parkway Blvd, Tempe, AZ 85281, 3 beds, 2 baths

$449,900

3 beds2 baths1,274 sq ft

919 W Parkway Blvd, Tempe, AZ 85281

Property at 945 E Playa Del Norte Dr #4020, Tempe, AZ 85288, 2 beds, 2 baths

$479,900

2 beds2 baths1,208 sq ft

945 E Playa Del Norte Dr #4020, Tempe, AZ 85288

Property at 435 W Rio Salado Pkwy #303, Tempe, AZ 85281, 2 beds, 2 baths

$470,000

2 beds2 baths1,082 sq ft

435 W Rio Salado Pkwy #303, Tempe, AZ 85281

Property at 140 E Rio Salado Pkwy #111, Tempe, AZ 85281, 1 bed, 1.5 baths

$685,000

1 bed1.5 baths1,708 sq ft

140 E Rio Salado Pkwy #111, Tempe, AZ 85281

Property at 1224 S Maple Ave, Tempe, AZ 85281

$1,148,000

— beds— baths— sq ft

1224 S Maple Ave, Tempe, AZ 85281

Property at 538 W 13th St Unit A, Tempe, AZ 85281, 5 beds, 3 baths

$699,500

5 beds3 baths— sq ft

538 W 13th St Unit A, Tempe, AZ 85281

Property at 21 E 6th St #614, Tempe, AZ 85281, 2 beds, 2 baths

$745,000

2 beds2 baths1,932 sq ft

21 E 6th St #614, Tempe, AZ 85281

Property at 1111 W University Dr #3012, Tempe, AZ 85281, 2 beds, 2 baths

$449,900

2 beds2 baths1,420 sq ft

1111 W University Dr #3012, Tempe, AZ 85281

Property at 117 W 10th St, Tempe, AZ 85281, 8 beds, 5 baths

$2,595,000

8 beds5 baths— sq ft

117 W 10th St, Tempe, AZ 85281

Property at 1323 W 10th Pl, Tempe, AZ 85281, 3 beds, 2 baths

$484,000

3 beds2 baths1,274 sq ft

1323 W 10th Pl, Tempe, AZ 85281

Property at 120 E Rio Salado Pkwy #402, Tempe, AZ 85281, 2 beds, 2 baths

$699,000

2 beds2 baths1,495 sq ft

120 E Rio Salado Pkwy #402, Tempe, AZ 85281

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Average home prices near Downtown Tempe-Rio Salado, AZ

Cities

Queen Creek homes for sale
$659,990
Tolleson homes for sale
$398,350
Sun Lakes homes for sale
$499,000
Goodyear homes for sale
$499,900
Tempe homes for sale
$500,000
Peoria homes for sale
$549,000
San Tan Valley homes for sale
$459,990
Scottsdale homes for sale
$1,095,000
Fountain Hills homes for sale
$734,500
Gilbert homes for sale
$625,000
Mesa homes for sale
$475,000
Paradise Valley homes for sale
$5,850,000
Glendale homes for sale
$464,990
Phoenix homes for sale
$470,000
Chandler homes for sale
$529,000

Neighborhoods

Papago-North Tempe homes for sale
$549,999
Old Town homes for sale
$595,000
The Lakes homes for sale
$600,000
Central Phoenix homes for sale
$499,000
South Mountain homes for sale
$420,000
Camelback East homes for sale
$674,888
Downtown Tempe homes for sale
$692,000
Apache homes for sale
$360,950
Papago Parkway homes for sale
$669,498
West Mesa homes for sale
$364,000

Downtown Tempe-Rio Salado, AZ real estate trends

All Home Types trends in Downtown Tempe-Rio Salado, AZ

Median Sale Price
# of Homes Sold
Median Days on Market

All Home Types

Median Sale Price (All Home Types)

$495,990

+1.2% YoY | Nov 2025

1 year
3 year
5 year

Based on Redfin calculations of home data from MLS and/or public records.

Location

Data

Nov 2025

Growth

% YoY

Downtown Tempe-Rio Salado, AZ

$495,990

+1.2%

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