North Tempe Homes under $500,000

Welcome to North Tempe, a vibrant and inviting neighborhood nestled in the heart of Tempe, Arizona. Known for its friendly atmosphere and community spirit, North Tempe is an ideal location for families, young professionals, and retirees alike. With its convenient access to major highways, public transportation, and Arizona State University, residents enjoy the perfect blend of suburban tranquility and urban excitement.

One of the most appealing aspects of North Tempe is its diverse range of homes, particularly for those seeking affordability without compromising on quality. Here, you can find charming residences under $500,000, making it an excellent option for first-time homebuyers or anyone looking to invest in a thriving community. These homes often feature modern amenities, spacious layouts, and beautifully landscaped yards, providing the perfect backdrop for creating lasting memories.

In addition to the appealing housing options, North Tempe boasts an array of local parks, recreational facilities, and a strong sense of community. The nearby Tempe Town Lake offers residents opportunities for outdoor activities such as kayaking, biking, and picnicking, while the bustling downtown area is filled with shops, restaurants, and cultural attractions.

Whether you’re drawn to the affordability of homes under $500,000 or the welcoming vibe of the neighborhood, North Tempe is a place where you can truly feel at home. Explore this charming community today and discover the perfect property that fits your lifestyle and budget!

Newest North Tempe Homes under $500,000

$499,000

3 Beds ⋅ 2 Baths ⋅ 7021528 MLS ⋅ 1,200 SqFt.

Location, location, location! Ideally situated near Sky Harbor Airport, ASU, Tempe Town Lake, major freeways, and all the best of South Scottsdale. Set on a generous 7,588 sq ft lot, the backyard offers endless potential to create your perfect outdoor space. The home features 2 bedrooms, 2 bathrooms, plus a large bonus room that can easily function as a third bedroom or office, along with a newly added bathroom for extra flexibility. Recent upgrades include a new roof, HVAC, updated kitchen with new appliances and countertops, and fresh interior/exterior paint. Finished with stylish pavers and synthetic turf for standout curb appeal! Don't let this one pass you by!!!

1214 E Henry Street, Tempe

$389,000

2 Beds ⋅ 1 Baths ⋅ 6996260 MLS

GREAT INVESTMENT property! Tons of potential upside! RARE R-2 ZONING AND PLENTY of land (.26 acres!) to add an Additional Dwelling Unit (ADU) - PLUS opportunity to add more sf to the existing home to increase rents etc., and seller has permits ready to go for an addition. This area is ''HOT'' and growing fast!! This home is 2 bedrooms, 1 bath, plus laundry room/office; carport, and features a huge block fenced backyard and more! Well maintained, remodeled in 2015 with all new interior: flooring, kitchen cabinets/countertops, blinds, plumbing, bathroom, light fixtures and ceiling fans, doors, baseboards, hardware, Trane AC, and more! Freshly painted exterior and interior in 2026. Do NOT disturb tenants, drive-by Only! Location, Location, Location: just 1/2 mile to 202/Scottsdale Rd, less than a mile to Tempe Town Lake, ASU, Hwy 101, and only a few miles to Mill Ave, Old Town Scottsdale, Sky Harbor Airport and more! Mass transit abounds: Orbitz bus, Valley Metro, mini light rail, and Light Rail. This home backs up to the commercial corner of Scottsdale Rd and Curry - so possible potential there also... check out the plat! Unique opportunity in a top location. Buyer to verify all facts and figures with city of Tempe etc. Please don't disturb the tenants by walking the lot without permission from agent. THANK YOU!

925 E Henry Street, Tempe

$394,000

2 Beds ⋅ 1 Baths ⋅ 6996224 MLS

Looking for updated home that's in move-in condition? Or a great investment opportunity? Look no further! This beautiful home was upgraded/remodeled by the city of Tempe in 1990 as part of their community plan, and then Completely updated by current owner in 2021! HUGE LOT, with rare R-2 ZONING! PLENTY of land and adequate zoning to add a rental property!! PLUS, opportunity to add more sf to the existing homes to increase value etc., and seller has plans with permits ready to go, buyer to verify all with city of Tempe. 2021 updating/Interior: all new flooring, kitchen cabinets/countertops, plumbing, bathroom, light fixtures and ceiling fans, doors, baseboards, paint, blinds, hardware; kitchen appliances and more. Do NOT disturb tenants, drive-by Only! Location, Location, Location: just 1/2 mile to 202/Scottsdale Rd, less than a mile to Tempe Town Lake, ASU, Hwy 101, and only a few miles to Mill Ave, Old Town Scottsdale, Sky Harbor Airport and more! Mass transit abounds: Orbitz bus, Valley Metro, mini light rail, and Light Rail.

933 E Harry Street, Tempe

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