University Estates Real Estate

University Estates Real Estate

Welcome to University Estates, a vibrant and inviting community nestled in the heart of Tempe, Arizona. This charming neighborhood is perfectly situated in Maricopa County, making it an ideal location for families, students, and professionals alike. With its close proximity to Arizona State University, University Estates offers a unique blend of academic energy and suburban tranquility.

As you stroll through the tree-lined streets of University Estates, you'll be captivated by the well-maintained homes that reflect a variety of architectural styles, from cozy single-family residences to modern townhouses. The community is known for its friendly atmosphere, where neighbors become friends and families create lasting memories.

One of the standout features of University Estates is its accessibility to a wealth of amenities. Residents enjoy easy access to shopping, dining, and entertainment options, with popular destinations like Mill Avenue and the Tempe Marketplace just a short drive away. For outdoor enthusiasts, the nearby Tempe Town Lake and Papago Park offer an array of recreational activities, including hiking, biking, and water sports.

Education is a cornerstone of University Estates, with top-rated schools in the area ensuring that children receive a quality education. The proximity to ASU also provides residents with numerous cultural events, art exhibits, and sporting activities, enriching the community's vibrant lifestyle.

Whether you're seeking a peaceful retreat or an active lifestyle, University Estates in Tempe, AZ, has something to offer everyone. Come and experience the charm of this exceptional community, where comfort meets convenience in the heart of the Valley of the Sun!

Newest Listings in University Estates

$1,125,000
6 Beds ⋅ 4 Baths ⋅ 7047489 MLS ⋅ 3,178 SqFt.
Spacious and beautifully updated, this 6-bedroom, 4-bath home offers exceptional versatility in a quaint neighborhood just minutes from the ASU campus. Recent upgrades, including new AC units, provide modern comfort and peace of mind. The private backyard features a sparkling pool surrounded by mature landscaping, creating the perfect space to relax or entertain. With no HOA, you'll enjoy added flexibility and freedom. This property has generated positive cash flow as a rental, making it an outstanding investment opportunity, while its generous layout also makes it ideal for multigenerational living. A rare combination of size, location, updates, and income potential!

137 E Vista Del Cerro Drive, Tempe
$669,000
4 Beds ⋅ 2 Baths ⋅ 7017678 MLS ⋅ 1,572 SqFt.
Premier ASU Investment Opportunity! Fully renovated and move-in ready, this rare property sits on an oversized 11,000+ sq. ft. lot just minutes from Arizona State University. Ideal as a high-demand student rental, owner-occupied investment, or long-term hold. The expansive lot offers future value-add potential, including the possibility of an ADU, casita, or other improvements (buyer to verify with the City of Tempe). Conveniently located near ASU, Tempe Marketplace, Downtown Tempe, Loop 202, and Sky Harbor Airport. A unique opportunity to own a turnkey property with immediate rental appeal and long-term upside in one of Tempe's most desirable locations.

111 E Bonita Way, Tempe
$725,000
7011374 MLS
*Motivated seller* Exceptional investment opportunity near Arizona State University with a strong rental history. Fully remodeled in 2024, this duplex features updated finishes throughout, a brand-new roof, and modern kitchens in both units with white shaker cabinets and granite countertops. Shared laundry room includes washer and dryer for tenant convenience. Both units are tenant occupied, providing immediate income. One unit is leased month-to-month, and unit 2 leased from 6/6/26-Dec 2026. Prime location near ASU supports consistent rental demand, making this an excellent option for investors, owner-occupants, or house hackers looking to expand their portfolio.

1610 S College Avenue, Tempe
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