Mercado Homes Homes with >1 Space Per Unit Parking Features

Mercado Homes Homes with >1 Space Per Unit Parking Features

Welcome to Mercado Homes, an exquisite community nestled in the vibrant city of Tempe, Arizona, within the heart of Maricopa County. This charming neighborhood is perfect for those who seek a blend of modern living and a warm, inviting atmosphere. Mercado Homes offers an array of thoughtfully designed residences that cater to diverse lifestyles, making it an ideal choice for families, young professionals, and retirees alike.

One of the standout features of Mercado Homes is its commitment to convenience, especially when it comes to parking. Each home in this community boasts more than one dedicated parking space per unit, ensuring that residents and their guests never have to worry about finding a spot. This amenity is particularly valuable in a bustling city like Tempe, where easy access to transportation can enhance your overall living experience.

Beyond the practicalities, Mercado Homes is surrounded by lush landscaping and community amenities that promote an active and social lifestyle. Residents can enjoy nearby parks, walking trails, and recreational facilities, all while being just a stone's throw away from the vibrant dining and entertainment options that Tempe has to offer.

Whether you’re looking to enjoy a sunny day at Tempe Town Lake or explore the eclectic shops and restaurants downtown, Mercado Homes places you in the heart of it all. Experience the perfect blend of comfort, convenience, and community in Mercado Homes—your new sanctuary awaits in Tempe!

Newest Mercado Homes Homes with >1 Space Per Unit Parking Features

$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.