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

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ABOUT THIS HOME
Downtown Tempe-Rio Salado, AZ Homes for Sale
Do you want to live in a beautiful building, on a park with real lake views in a walkable neighborhood and still live in the Valley of the Sun? Experience all this and more on Tempe Town Lake within this secure Edgewater 1 bed/1.5 bath 3rd floor condominium. This unit has been completely updated since the owner moved out with new appliances, new HVAC, new high-quality carpet, shades & paint. It's almost like moving into a new build! This gem features a large main room with views of Tempe Town Lake, bountiful natural light and a handsome new ceiling fan. The modern kitchen boasts a new stainless steel 5-burner gas stove, new microwave, new refrigerator, new dishwasher, sleek cabinetry,

$449,000

1 bed1.5 baths1,137 sq ft

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

$1,120 HOA • Garage • Community pool

$465,000

3 beds1 bath912 sq ft

1064 W 5th St, Tempe, AZ 85281

6,730 sq ft lot • Parking • Built 1951

$349,000

2 beds2 baths1,590 sq ft

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

$525 HOA • 2 garage spots • Built 2002

ABOUT THIS HOME
Downtown Tempe-Rio Salado, AZ Homes for Sale
Live close to the energy of Tempe city life in this beautiful condo at the North Shore Lakeside Community, where dining, shopping, nightlife, and outdoor recreation are just minutes away. Enjoy easy access to Tempe Town Lake, Papago Park, ASU, and major freeways while still coming home to a peaceful lakeside setting. This thoughtfully designed home features white kitchen cabinets, granite countertops throughout, and stainless-steel appliances, including a gas stove top, a rare and desirable feature in the community. The open layout feels bright and welcoming, ideal for everyday living or hosting guests. Both bedrooms include walk-in closets and private exits to a balcony, offering beautiful

$474,900

2 beds2 baths1,208 sq ft

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

Outdoor fireplace • Walk-in closets • $640 HOA

3D WALKTHROUGH

ABOUT THIS HOME
Downtown Tempe-Rio Salado, AZ Homes for Sale
Close to ASU and Freeways, This Tempe Home Sits on a North/South Corner Lot, Updated Home Featuring 3 Bedrooms and 2 Baths, Open Great Room Floor Plan, Eat-in Kitchen with Updated Maple Cabinets, Granite Counters & Stainless Steel Appliances. Both Bathrooms Have Been Updated with Tiled Showers, New Vanities with Oversized Sinks, Newer Fixtures, New Carpet, and an Inside Laundry. Accent Paint, Updated Fans and Fixtures, French Doors Leading to Backyard, Detached Covered Patio, Grassy Area, Storage Shed, RV Gate, 2 Car Carport, and Alley Access, Great Curb Appeal and Ready to Move-In. This is an Opportunity for Buyers and Investors as its in the Heart of Tempe!

$465,000

3 beds2 baths1,290 sq ft

542 W 15th St, Tempe, AZ 85281

Tiled showers • Granite counters • New vanities

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 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 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 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 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 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 1002 S Mariana St, Tempe, AZ 85281

$730,000

— beds— baths— sq ft

1002 S Mariana St, Tempe, AZ 85281

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 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 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 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 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 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 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 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 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 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 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 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 1224 S Maple Ave, Tempe, AZ 85281

$1,148,000

— beds— baths— sq ft

1224 S Maple Ave, 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 942 S Ash Ave #103, Tempe, AZ 85281, 6 beds, 4 baths

$844,999

6 beds4 baths2,622 sq ft

942 S Ash Ave #103, 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 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 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 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 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 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

Property at 754 S Beck Ave, Tempe, AZ 85281, 3 beds, 3 baths

$485,000

3 beds3 baths1,218 sq ft

754 S Beck Ave, 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 1310 W Romo Jones St, Tempe, AZ 85281, 4 beds, 2.5 baths

$595,000

4 beds2.5 baths1,642 sq ft

1310 W Romo Jones St, Tempe, AZ 85281

Property at 140 E Rio Salado Pkwy #411, Tempe, AZ 85281, 1 bed, 1.5 baths

$464,000

1 bed1.5 baths1,282 sq ft

140 E Rio Salado Pkwy #411, Tempe, AZ 85281

Property at 626 S Wilson St, Tempe, AZ 85281

$2,500,000

— beds— baths— sq ft

626 S Wilson St, Tempe, AZ 85281

Property at 1218 S Farmer Ave, Tempe, AZ 85281, 7 beds, 8 baths

$1,675,000

7 beds8 baths— sq ft

1218 S Farmer Ave, Tempe, AZ 85281

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Average home prices near Downtown Tempe-Rio Salado, 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

Villagio at Tempe homes for sale
$365,000
Old Town homes for sale
$599,000
The Lakes homes for sale
$600,000
Central Phoenix homes for sale
$499,000
South Mountain homes for sale
$425,000
Camelback East homes for sale
$679,000
Downtown Tempe homes for sale
$699,000
Apache homes for sale
$362,000
Papago Parkway homes for sale
$659,000
West Mesa homes for sale
$359,950

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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