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

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NEW 8 HRS AGO

538 W 13th St Unit A, Tempe, AZ 85281
538 W 13th St Unit A, Tempe, AZ 85281
538 W 13th St Unit A, Tempe, AZ 85281
ABOUT THIS HOME
Downtown Tempe-Rio Salado, AZ Homes for Sale
Don't miss this great opportunity to own a beautifully appointed 4-bedroom, 2-bathroom home with a GUEST HOUSE, 1-bedroom, 1-bathroom, full kitchen and separate laundry room. All within walking distance to Arizona State University and the vibrant shops, dining, and entertainment of Mill Avenue. Homes in this highly sought-after neighborhood rarely hit the market, especially this close to campus. Whether you're looking for a move-in-ready home with a FULLY PERMITTED GUEST HOUSE WITH ITS OWN ADDRESS or searching for a high-demand rental property with 2 separate units, this one is a must-see.

$714,000

5 beds3 baths— sq ft

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

Somewhat walkable

122 S Hardy Dr #28, Tempe, AZ 85281
122 S Hardy Dr #28, Tempe, AZ 85281
122 S Hardy Dr #28, Tempe, AZ 85281
ABOUT THIS HOME
Downtown Tempe-Rio Salado, AZ Homes for Sale
Welcome to your ideal Tempe retreat! This upgraded 2-bedroom, 2.5-bathroom town-home with modern comfort, prime location, and low-maintenance living—all just minutes from Arizona State University. Step inside to an open-concept living space filled with natural light, updated flooring, and a sleek kitchen with stainless steel appliances, granite countertops, and a breakfast bar that's perfect for entertaining or late-night study snacks. Along with a private fenced backyard and Pergola terrace off the master bedroom. Each spacious bedroom features its own en-suite bathroom, offering privacy and convenience for roommates or guests. The half bath on the main floor is perfect for visitors,

$319,999

2 beds2.5 baths1,120 sq ft

122 S Hardy Dr #28, Tempe, AZ 85281

$225 HOA • Very walkable

3D WALKTHROUGH

700 W University Dr #203, Tempe, AZ 85281
700 W University Dr #203, Tempe, AZ 85281
700 W University Dr #203, Tempe, AZ 85281
ABOUT THIS HOME
Downtown Tempe-Rio Salado, AZ Homes for Sale
Welcome to your new home in the heart of Tempe! This rarely available 2-bedroom, 1-bath upstairs unit is nestled in the Scene One Condominiums, a well-maintained community known for its proximity to everything Tempe has to offer. Just half a mile from Arizona State University, the light rail, Tempe Town Lake, and Mill Avenue's dining, shopping, and nightlife, this location offers unbeatable convenience for students, faculty, professionals, or savvy investors looking for a prime rental property. Step inside and you'll find a thoughtfully updated interior featuring new tile flooring installed in 2024, updated kitchen and bathroom finishes, and a smart layout with spacious bedrooms and a cozy

$240,000

2 beds1 bath840 sq ft

700 W University Dr #203, Tempe, AZ 85281

$195 HOA • Very walkable

435 W Rio Salado Pkwy #210, Tempe, AZ 85281
435 W Rio Salado Pkwy #210, Tempe, AZ 85281
435 W Rio Salado Pkwy #210, Tempe, AZ 85281
ABOUT THIS HOME
Downtown Tempe-Rio Salado, AZ Homes for Sale
Spacious condo all on 1 level except for laundry room basement which has direct entry from garage * No interior steps once you enter the living area * New A/C in 2023 w/ 10 year parts warranty & lifetime warranty on compressor * Dual-pane windows * Newer luxury vinyl floors * New light fixtures & ceiling fans * Open kitchen with big breakfast bar * Washer, dryer, refrig incl * Private covered patio with view to east * 1 car attached garage with direct unit entry * Double gated community has beautiful pool, spa, BBQs, outdoor dining areas, clubhouse & well-equipped gym * Plus, complex is located adjacent to Tempe Town Lake * Walk, bike, scooter or skate to parks

$425,000

1 bed1 bath1,035 sq ft

435 W Rio Salado Pkwy #210, Tempe, AZ 85281

$384 HOA • Garage • Pool

512 W Brown St, Tempe, AZ 85281
512 W Brown St, Tempe, AZ 85281
512 W Brown St, Tempe, AZ 85281
ABOUT THIS HOME
Downtown Tempe-Rio Salado, AZ Homes for Sale
3 bedrooms have 3/4 bath & master bedroom has full bath. Laundry room has 1/2 bath. Great room living area with family room in front and dining in the back. DO NOT turn off any light switches by front door.

$700,000

4 beds4.5 baths2,364 sq ft

512 W Brown St, Tempe, AZ 85281

7,200 sq ft lot • 2 garage spots • Very walkable

Property at 330 S Farmer Ave #115, Tempe, AZ 85281, 3 beds, 3 baths

$535,000

3 beds3 baths1,565 sq ft

330 S Farmer Ave #115, Tempe, AZ 85281

Property at 1245 W 1st St #123, Tempe, AZ 85281, 2 beds, 2.5 baths

$320,000

2 beds2.5 baths1,072 sq ft

1245 W 1st St #123, Tempe, AZ 85281

Property at 1065 W 1st St #109, Tempe, AZ 85281, 1 bed, 1 bath

$195,000

1 bed1 bath585 sq ft

1065 W 1st St #109, Tempe, AZ 85281

Property at 606 S Wilson St, Tempe, AZ 85281, 2 beds, 2.5 baths

$585,000

2 beds2.5 baths1,757 sq ft

606 S Wilson St, Tempe, AZ 85281

Property at 901 W Parkway Blvd, Tempe, AZ 85281, 3 beds, 2 baths

$625,000

3 beds2 baths1,646 sq ft

901 W Parkway Blvd, Tempe, AZ 85281

Property at 122 S Hardy Dr #7, Tempe, AZ 85281, 2 beds, 2 baths

$349,000

2 beds2 baths1,120 sq ft

122 S Hardy Dr #7, Tempe, AZ 85281

Property at 21 E 6th St #616, Tempe, AZ 85281, 1 bed, 1 bath

$519,000

1 bed1 bath1,342 sq ft

21 E 6th St #616, Tempe, AZ 85281

Property at 100 E Encanto Dr, Tempe, AZ 85281, 3 beds, 2.5 baths

$725,000

3 beds2.5 baths1,600 sq ft

100 E Encanto Dr, Tempe, AZ 85281

Property at 1120 S Ash Ave #1001, Tempe, AZ 85281, 3 beds, 2.5 baths

$584,900

3 beds2.5 baths1,629 sq ft

1120 S Ash Ave #1001, Tempe, AZ 85281

Property at 120 E Rio Salado Pkwy #305, Tempe, AZ 85281, 2 beds, 2 baths

$735,000

2 beds2 baths1,607 sq ft

120 E Rio Salado Pkwy #305, Tempe, AZ 85281

Property at 535 W 15th St, Tempe, AZ 85281, 4 beds, 2 baths

$589,900

4 beds2 baths1,981 sq ft

535 W 15th St, Tempe, AZ 85281

Property at 1081 W 1st St #10, Tempe, AZ 85281, 3 beds, 2.5 baths

$464,999

3 beds2.5 baths1,647 sq ft

1081 W 1st St #10, Tempe, AZ 85281

Property at 1234 S Farmer Ave, Tempe, AZ 85281

$949,995

— beds— baths— sq ft

1234 S Farmer Ave, Tempe, AZ 85281

Property at 1111 W University Dr #1017, Tempe, AZ 85281, 2 beds, 2 baths

$499,000

2 beds2 baths1,404 sq ft

1111 W University Dr #1017, Tempe, AZ 85281

Property at 154 W 5th St #246, Tempe, AZ 85281, 2 beds, 2 baths

$400,000

2 beds2 baths1,034 sq ft

154 W 5th St #246, Tempe, AZ 85281

Property at 1111 E University Dr #224, Tempe, AZ 85288, 1 bed, 1 bath

$232,000

1 bed1 bath631 sq ft

1111 E University Dr #224, Tempe, AZ 85288

Property at 1321 W 5th St, Tempe, AZ 85281, 8 beds, 4 baths

$899,000

8 beds4 baths— sq ft

1321 W 5th St, Tempe, AZ 85281

Property at 120 E Rio Salado Pkwy E #102, Tempe, AZ 85281, 2 beds, 2.5 baths

$1,095,000

2 beds2.5 baths1,840 sq ft

120 E Rio Salado Pkwy E #102, Tempe, AZ 85281

Property at 1519 W 7th Pl, Tempe, AZ 85281

$630,000

— beds— baths— sq ft

1519 W 7th Pl, Tempe, AZ 85281

Property at 1513 W 7th Pl, Tempe, AZ 85281

$630,000

— beds— baths— sq ft

1513 W 7th Pl, Tempe, AZ 85281

Property at 945 E Playa Del Norte Dr #1016, Tempe, AZ 85288, 2 beds, 2 baths

$539,000

2 beds2 baths1,208 sq ft

945 E Playa Del Norte Dr #1016, Tempe, AZ 85288

Property at 154 W 5th St #210, Tempe, AZ 85281, 2 beds, 2 baths

$425,000

2 beds2 baths1,034 sq ft

154 W 5th St #210, Tempe, AZ 85281

Property at 945 E Playa Del Norte Dr #4019, Tempe, AZ 85288, 2 beds, 2 baths

$508,000

2 beds2 baths1,208 sq ft

945 E Playa Del Norte Dr #4019, Tempe, AZ 85288

Property at 1368 W 14th St, Tempe, AZ 85281, 3 beds, 2 baths

$465,000

3 beds2 baths1,256 sq ft

1368 W 14th St, Tempe, AZ 85281

Property at 1306 W 12th St, Tempe, AZ 85281, 5 beds, 3 baths

$599,000

5 beds3 baths2,591 sq ft

1306 W 12th St, Tempe, AZ 85281

Property at 1412 W 7th Pl, Tempe, AZ 85281, 4 beds, 2 baths

$504,990

4 beds2 baths1,435 sq ft

1412 W 7th Pl, Tempe, AZ 85281

Property at 312 S Hardy Dr #106, Tempe, AZ 85281, 2 beds, 2.5 baths

$485,000

2 beds2.5 baths1,451 sq ft

312 S Hardy Dr #106, Tempe, AZ 85281

Property at 122 S Hardy Dr #62, Tempe, AZ 85281, 2 beds, 2 baths

$339,500

2 beds2 baths1,120 sq ft

122 S Hardy Dr #62, Tempe, AZ 85281

Property at 1401 S Rita Ln, Tempe, AZ 85281, 3 beds, 4 baths

$995,000

3 beds4 baths2,000 sq ft

1401 S Rita Ln, Tempe, AZ 85281

Property at 803 W 18th St, Tempe, AZ 85281, 4 beds, 1.75 baths

$569,000

4 beds1.75 baths1,908 sq ft

803 W 18th St, Tempe, AZ 85281

Property at 1111 W University Dr #3016, Tempe, AZ 85281, 3 beds, 3 baths

$540,000

3 beds3 baths2,257 sq ft

1111 W University Dr #3016, Tempe, AZ 85281

Property at 1205 W 7th St, Tempe, AZ 85281, 3 beds, 2 baths

$494,500

3 beds2 baths1,362 sq ft

1205 W 7th St, Tempe, AZ 85281

Property at 140 E Rio Salado Pkwy #1006, Tempe, AZ 85281, 2 beds, 2 baths

$925,000

2 beds2 baths1,855 sq ft

140 E Rio Salado Pkwy #1006, Tempe, AZ 85281

Property at 581 S Roosevelt St, Tempe, AZ 85281, 2 beds, 2.5 baths

$469,000

2 beds2.5 baths1,220 sq ft

581 S Roosevelt St, Tempe, AZ 85281

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

$714,000

5 beds3 baths2,106 sq ft

538 W 13th St, Tempe, AZ 85281

Property at 1532 W 6th St, Tempe, AZ 85281, 4 beds, 2 baths

$485,000

4 beds2 baths1,701 sq ft

1532 W 6th St, Tempe, AZ 85281

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Average home prices near Downtown Tempe-Rio Salado, AZ

Cities

Queen Creek homes for sale
$668,500
Tolleson homes for sale
$377,500
Sun Lakes homes for sale
$492,900
Goodyear homes for sale
$499,700
Tempe homes for sale
$499,000
Peoria homes for sale
$568,950
San Tan Valley homes for sale
$460,000
Scottsdale homes for sale
$898,900
Fountain Hills homes for sale
$729,000
Gilbert homes for sale
$629,500
Mesa homes for sale
$494,000
Paradise Valley homes for sale
$5,847,500
Glendale homes for sale
$458,395
Phoenix homes for sale
$475,000
Chandler homes for sale
$550,500

Neighborhoods

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)

$450,000

-5.3% YoY | Jun 2025

1 year
3 year
5 year

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

Location

Data

Jun 2025

Growth

% YoY

Downtown Tempe-Rio Salado, AZ

$450,000

-5.3%

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