Tempe Homes under $500,000

Welcome to Tempe, Arizona – a vibrant city that beautifully blends urban excitement with a touch of natural serenity. Nestled in Maricopa County, Tempe is renowned for its lively arts scene, diverse culinary offerings, and a rich tapestry of cultural experiences. Home to Arizona State University, the city thrives with youthful energy, making it a hub for innovation and creativity.

Tempe boasts an enviable location, just minutes away from Phoenix and Scottsdale, providing residents with easy access to a plethora of shopping, dining, and entertainment options. The picturesque Tempe Town Lake offers a perfect backdrop for outdoor enthusiasts, where you can enjoy kayaking, paddleboarding, or simply taking a leisurely stroll along the scenic pathways. With its stunning desert landscapes and stunning sunsets, Tempe is a place where nature and urban life harmoniously coexist.

For those seeking affordable housing options, Tempe offers a fantastic selection of homes under $500,000. Whether you're a first-time homebuyer, a growing family, or looking to downsize, you'll find a variety of charming properties that suit your needs. From cozy single-family homes to modern townhouses, these residences provide an excellent opportunity to invest in a city that continues to flourish.

With a strong sense of community, excellent schools, and an array of recreational activities, Tempe is not just a place to live; it's a place to thrive. Discover your dream home in this dynamic city and experience the best of Arizona living!

Newest Tempe Homes under $500,000

$480,000

3 Beds ⋅ 2 Baths ⋅ 7094153 MLS ⋅ 1,053 SqFt.

Take a look at this beautifully maintained single-level home that sits on a lush, green lot with mature trees & inviting curb appeal! Inside, you'll find a bright, open layout with wood-look flooring throughout, recessed lighting & a neutral palette that feels fresh & move-in ready. The updated kitchen features crisp white cabinetry & SS appliances. The adjacent dining area is filled with natural light and flows seamlessly into the living space, creating an easy, functional floor plan. Flexible rooms allow for a home office, creative studio, or guest space, enhanced by built-in shelving & ample storage. Ceiling fans, updated fixtures & thoughtful finishes throughout add both comfort & style. Unbeatable location near ASU, Downtown Tempe, shopping,dining, parks & major freeways!

5433 S Mill Avenue, Tempe

$105,000

3 Beds ⋅ 2 Baths ⋅ 7094050 MLS ⋅ 924 SqFt.

Cozy Manufactured Home in the All-Age Community of Chaparral Village! This charming home features 3 bedrooms and 2 bathrooms within a 924 sq. ft. layout, offering a comfortable and functional living space. The home boasts laminate flooring, granite countertops, walk-in shower, walk-in closet, central AC, and modern appliances, making everyday living both convenient and enjoyable. Enjoy outdoor living with a carport and a deck patio, perfect for relaxing, entertaining, or enjoying the beautiful surroundings. The home's design and features create an inviting atmosphere for you and your family. Chaparral Village offers amenities such as a swimming pool, playground, volleyball, basketball courts, billiard room, and a clubhouse. CHATTEL FINANCING AVAILABLE

400 W Baseline Road Unit 347, Tempe

$108,900

2 Beds ⋅ 2 Baths ⋅ 7094049 MLS ⋅ 1,440 SqFt.

FULLY REMODELED.THIS STUNNING 1,440 SQ. FT. 1973 SILVERCREST DOUBLE-WIDE OFFERS THE PERFECT BLEND OF MODERN STYLE AND TOTAL PEACE OF MIND, FEATURING NEWER AC, WATER HEATER, PLUMBING AND ROOF ALL UPDATED IN 2023.STEP INSIDE TO A BRIGHT,OPEN FLOOR PLAN HIGHLIGHTED BY A NEWLY RENOVATED CHEF'S KITCHEN BOASTS STYLISH CONTEMPORARY TRACK LIGHTING, AMPLE CABINETRY,APPLIANCES AND A SPACIOUS PENINSULA WITH A BREAKFAST BAR-PERFECT FOR CASUAL DINING AND ENTERTAINING.FLOWS EFFORTLESSLY INTO A VERSATILE DEN, OFFERING THE IDEAL SPACE FOR A HOME OFFICE, HOBBY/MEDIA RETREAT.SPACIOUS BEDROOMS PROVIDE EXCELLENT COMFORT,BOTH BATHROOMS HAVE BEEN BEAUTIFULLY MODERNIZED WITH SLEEK, EASY-ACCESS WALK-IN SHOWERS. SEAMLESS INDOOR-OUTDOOR LIVING ON THE FULLY ENCLOSED, SCREENED-IN DECK.Lot rent $1080.00 MO,RENTALS OK. The Meadows is a 55+ retirement gated mobile home community with a plethora of organized activities, nice billiard facilities, spacious clubhouse, scenic picnic area, and a whirlpool-spa-hot tub. Pickleball courts(in process)Shuffleboard,swimming pool also offer you opportunities to get out socialize with your neighbors. Just mins away from shopping, dining and Sky Harbor Airport.

2401 W Southern Avenue Unit 171, Tempe

$130,000

4 Beds ⋅ 2 Baths ⋅ 7094033 MLS ⋅ 1,248 SqFt.

Manufactured home located in Chaparral Village. Newly remodeled with laminate flooring, tile showers, new roof, update appliances, and new deck. FAMILY community boasts pride of ownership with ample amenities including a spa, two swimming pools, billiards room, and club house. CHATTEL financing available.

400 W Baseline Road Unit 69, Tempe

$189,900

1 Beds ⋅ 1 Baths ⋅ 7093909 MLS ⋅ 595 SqFt.

Cozy, 1 bedroom 1 bathroom downstairs corner unit in Scene One Condominiums. Enter to spacious living room and eat-in kitchen with bar. Vinyl flooring throughout, no carpet in unit! Recently updated unit with upgraded appliances, cabinets, butcher block countertops and tile backsplash in kitchen. Fantastic Tempe location just minutes from ASU campus, Tempe Marketplace, and loop 202. Great area for entertainment, shopping, and more. Unit is just steps away from fenced community pool and spa!

700 W University Drive Unit 143, Tempe

$330,000

2 Beds ⋅ 2 Baths ⋅ 7093004 MLS ⋅ 1,202 SqFt.

This inviting townhome features soaring vaulted ceilings, a spacious loft, two generously sized bedrooms, and two full bathrooms. The split floor plan offers added privacy, with one bedroom and full bath downstairs with a large walk-in closet, and the second bedroom and bath upstairs next to a loft with natural light. Enjoy several updates, including newer stainless steel appliances, a full-size washer and dryer, and a brand-new A/C system. A great combination of space, functionality, and updates -- definitely a must-see!

633 W Southern Avenue Unit 1107, Tempe

$479,490

3 Beds ⋅ 2 Baths ⋅ 7092942 MLS ⋅ 1,498 SqFt.

Fantastic opportunity to own this 3-bedroom, 2-bath cul-de-sac property! You're greeted by a 2-car garage, a manicured lawn, and an inviting front patio. Inside, you'll find a serene living room with a soothing palette and attractive wood-look flooring. Spend intimate moments with loved ones in the family room, complete with a fireplace for cozy evenings. The eat-in kitchen comes with ample cabinetry, stainless steel appliances, and a peninsula with a breakfast bar for entertaining. The primary bedroom includes a private bathroom and a practical walk-in closet. Imagine peaceful afternoons in the charming backyard, which offers a covered patio, a relaxing spa, and a sparkling pool with a diving board for summer fun. Make this gem yours today!

2361 E Riviera Drive, Tempe

$499,999

2 Beds ⋅ 2 Baths ⋅ 7092606 MLS ⋅ 1,484 SqFt.

Welcome to a masterpiece community - The Cottonwoods of Anozira. Find yourself transported into the Oasis of Solitude first envisioned by award winning and highly acclaimed architect, Adolf DeRoy Mark. Each unit was painstakingly crafted to be expansive, yet intimate. Unit 44 is the epitome of sensuous charisma. This community and these homes are highly sought after, yet seldom achieved. Our listing is both affordable and attainable. A beautiful entryway welcomes you to your new home featuring a high ceilinged great room with beautiful wood beams, a warm and inviting kitchen, 2 bedrooms, 2 exquisitely remodeled bathrooms, a 2 car garage and a lovely patio w gate to 1 of several community ponds. The gatehouse library, pickleball, pool and teahouse give one a sense of community. Welcome Home

6411 S River Drive Unit 44, Tempe

$330,000

1 Beds ⋅ 1 Baths ⋅ 7092371 MLS ⋅ 1,035 SqFt.

Cheerful East-facing condo with direct-entry 1 car garage into laundry room and private stairs to main living level. Front door from common area overlooks the heated resort-style pool. NEW H2O HEATER in 2026. NEW HVAC SYSTEM in 2026. Large BR closet. Private balcony accessible from BR and Full-sized W/D. Breakfast bar and space for dinette. Updated lighting and ceiling fans. Community amenities include pool with hot tub; fitness center; Bar-b-que area; gated parking lot. One surface spot and one guest parking pass supplement the garage space. Previously rented annually; great for snowbirds, owner-occupant or investor.

420 W 1st Street Unit 211, Tempe

$229,000

2 Beds ⋅ 1 Baths ⋅ 7092284 MLS ⋅ 924 SqFt.

Welcome to this BEAUTIFULLY UPDATED townhome in Villas Tempe! A private front yard is just the beginning, where you can relax or enjoy BBQ. It also includes an attached laundry/storage room. The interior boasts clean lines that promote a modern feel! Enhanced by fresh neutral palette, new ceiling fans & light fixtures, tons of natural light, and new wood-look tile flooring in common areas. You'll love the seamlessly flowing living & dining room, perfect for everyday living and entertaining! The renewed kitchen boasts SS appliances, new quartz counters, a walk-in pantry, ample cabinetry, and a breakfast bar. Both carpeted bedrooms are upstairs, along with a shared full bathroom! Assigned parking space for your convenience. Enjoy the nearby Community pool! Excellent location! Owner/Agent.

1020 E Redfield Road, Tempe

$269,900

1 Beds ⋅ 1 Baths ⋅ 7092218 MLS ⋅ 667 SqFt.

Live in DT Tempe, Single level 1 bed-1bath w/ front & back patios. Abundant lighting w/ an excellent open-concept floor plan. Wood floors in common areas & carpet in bedroom. Living area highlighted with fireplace & dining area. Kitchen equipped w/ gorgeous appliances & plenty of cabinetry. The sizable bedroom features french double doors out to the patio, & plenty of closet space,w/ mirrored sliding doors off the bathroom, full-size washer & dryer. The outdoor covered patio provides the perfect spot for outdoor living. Walk to DT TEMPE for easy lifestyle. Can be used as second home or corporate rental. Enjoy the amenities, including a community pool & spa, & a prime, convenient location to walk to Sky Train, ASU, Mill Ave, the light rail, shopping, dining, & tempe beach park

154 W 5th Street Unit 122, Tempe

$485,000

3 Beds ⋅ 2 Baths ⋅ 7092179 MLS ⋅ 1,669 SqFt.

FANTASTIC TEMPE OPPORTUNITY WITH NO HOA! Major Big-Ticket Updates are Already Completed--Enjoy Total Peace of Mind with a BRAND NEW ROOF and an A/C System that is only 5 Years Old! This 3-bedroom, 2-bathroom Single-Story Home Offers a Bright, Open Floor Plan. Featuring Clean Interior Finishes. Recently Added New Vinyl in 3 Bedrooms. The Floor Plan Provides Functional Living Spaces Ready to Make your Own. Outside, the Generous Property Boasts a Side RV Gate, Beautifully Landscaped Front Yard, 2-Car Garage, Large Covered Patio, Large Shed. Exceptional Central Tempe Location with Fast, Convenient Access to Nearby Freeways (101/Priest& Baseline) , Shopping, Dining, and Entertainment. Solid Bones, Major Mechanical Updates. Great Value! This Home is a Must See.

2115 E Fremont Drive, Tempe

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