Mercado Homes Real Estate

Mercado Homes Real Estate

Welcome to Mercado Homes, where modern living meets the vibrant spirit of Tempe, Arizona! Nestled in the heart of Maricopa County, this charming community is designed for those who appreciate both style and convenience. With its prime location, Mercado Homes offers residents easy access to the best that Tempe has to offer, from stunning outdoor spaces to a thriving cultural scene.

Mercado Homes is a thoughtfully planned subdivision that emphasizes contemporary architecture and eco-friendly living. Each home is crafted with meticulous attention to detail, featuring open floor plans, energy-efficient appliances, and beautiful finishes that create a warm and inviting atmosphere. Whether you're a first-time homebuyer or looking to downsize, you'll find a variety of options tailored to your lifestyle.

Living in Tempe means embracing an active lifestyle. With the picturesque Tempe Town Lake and the scenic trails of Papago Park nearby, outdoor enthusiasts will find endless opportunities for hiking, biking, and enjoying the Arizona sunshine. The community is also just minutes away from Arizona State University, making it ideal for students and faculty alike.

In addition to its natural beauty, Tempe boasts a lively downtown area filled with shops, restaurants, and entertainment venues. From eclectic eateries to bustling farmers' markets, there's always something to explore. With its friendly atmosphere and rich cultural diversity, Mercado Homes is not just a place to live—it's a place to thrive. Discover your dream home in this exceptional community today!

Newest Listings in Mercado Homes

$769,999
7057410 MLS
Attention aspiring SHORT TERM RENTAL owners!! This is an amazing opportunity to turn a profit and own an investment property. Numbers for only ONE side of the duplex provide a $39K revenue. To help ease the new owners worries there are new roofs on both sides, new AC unit on one side, new water heater on one side, both units come with W/D, refrigerators and blinds. This Is a prime Tempe investment opportunity! This beautifully updated duplex is located in one of the Valley's strongest rental markets, just minutes from Arizona State University, Sky Harbor International Airport, Downtown Tempe, Tempe Town Lake, and major employment hubs. With easy access to Loop 202, SR-143, and I-10, this is an ideal location for attracting long and short-term tenants. Each unit offers a modern, open-concept layout with designer finishes, granite countertops, stainless steel appliances, wood-look tile flooring, spacious bedrooms, private patios, and low-maintenance outdoor space. All features that help attract and retain quality tenants. The property has demonstrated strong rental demand and offers an excellent opportunity for investors seeking immediate income with long-term appreciation potential. Whether you're looking to expand your portfolio, complete a 1031 exchange, or live in one unit while generating rental income from the other, this property checks all the boxes. Opportunities to own a well-maintained duplex in this highly sought-after Tempe location are few and far between. Don't miss your chance to own an income-producing asset in one of Arizona's most consistently desirable rental markets.

421 S Terry Lane, Tempe

Start Your Search

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.