Tempe Homes with 1031 Exchange New Financing

Tempe Homes with 1031 Exchange New Financing

Welcome to Tempe, Arizona – a vibrant city that beautifully blends the charm of a college town with the energy of a thriving urban center. Nestled in Maricopa County, Tempe is renowned for its picturesque landscapes, diverse cultural scene, and a rich tapestry of outdoor activities. With the stunning backdrop of the iconic Camelback Mountain, residents enjoy an enviable lifestyle filled with sunshine, parks, and a plethora of recreational opportunities.

Tempe is home to Arizona State University, one of the largest public universities in the United States, infusing the city with youthful energy and innovation. The downtown area is a bustling hub of activity, featuring trendy shops, delightful eateries, and lively entertainment venues. Whether you’re wandering along Tempe Town Lake or exploring the scenic trails of Papago Park, there's no shortage of ways to enjoy the great outdoors.

For those interested in real estate investments, Tempe offers unique opportunities with homes that qualify for 1031 Exchange financing. This tax-deferred exchange allows investors to sell one property and reinvest the proceeds into another, making it an attractive option for those looking to maximize their investment potential. With new financing options available, navigating the real estate market in Tempe has never been easier.

Whether you’re a first-time homebuyer, a seasoned investor, or simply looking to enjoy the vibrant lifestyle that Tempe has to offer, this city is a fantastic place to call home. Discover the possibilities that await you in Tempe, where every day is an opportunity to thrive!

Newest Tempe Homes with 1031 Exchange New Financing

$699,000
4 Beds ⋅ 2 Baths ⋅ 7062709 MLS ⋅ 1,920 SqFt. ⋅ 85283 Zip Code
Tucked away on a quiet, idyllic cul-de-sac in ''The Coves'' section of The Lakes of Tempe, this 1,920 sq ft, 4-bed, 2-bath single-level home is a true turnkey oasis. Meticulously updated with over $100K in premium improvements, highlights include a stone-coated metal roof (2022), Trane A/C (2022), electrical panel (2022), water heater (2022), and dual-pane energy-efficient windows with sun tinting--qualifying for SRP energy ratings. Inside features quartz countertops, updated baths with custom tile surrounds, and durable tile flooring throughout main living spaces. Step outside to a pristine paver driveway, walkway, and patio, leading to a lush, ultra-rare St. Augustine grass backyard. Complete with rain gutters (2026), exterior paint (2023), and storage shed. Enjoy resort-style living ... with access to The Lakes Beach and Tennis Club clubhouse, heated pool, tennis/pickleball courts, & fitness center! WELCOME TO YOUR TURNKEY DESERT OASIS IN "THE COVES" Nestled on an idyllic, peaceful cul-de-sac within "The Coves" section of custom homes in Arizona's premier waterfront community--The Lakes of Tempe--this immaculate 1,920 sq ft, 4-bedroom, 2-bathroom single-level residence represents the pinnacle of desert living. Meticulously transformed with over $100,000 in top-tier improvements and energy-efficient systems, this home delivers peace of mind, modern elegance, and effortless indoor-outdoor living. OVER $100,000 IN MAJOR SYSTEM & CAPITAL IMPROVEMENTS Every major system has been updated, ensuring years of low-maintenance enjoyment: Roofing: Premium stone-coated metal roof installed in March 2022 for longevity, safety, and superior insulation. HVAC & Climate: Brand-new high-efficiency Trane A/C unit (Jan 2022). Electrical & Plumbing: New 200-amp electrical service panel (Jan 2022), brand-new hot water heater (Jan 2022), custom rain gutters (March 2026), and a multi-stage Reverse Osmosis (RO) drinking water system. Windows & Energy Efficiency: High-efficiency dual-pane windows (front replaced Sept 2022; remaining updated prior) paired with custom solar tinting on sun-facing exposures, helping the home earn energy-efficiency ratings from SRP for maximum monthly savings. REFINED INTERIORS & THOUGHTFUL FINISHES Step inside to find durable, easy-to-clean tile flooring through all high-traffic and main living areas, paired with brand-new carpet in the owner's suite (Dec 2021). Kitchen & Living: Hard-surface quartz countertops grace both the kitchen and bathrooms, combining timeless style with durability. Owner's Suite Sanctuary: Features a fully updated en-suite bathroom (Dec 2024/Dec 2021) complete with a custom tiled walk-in shower (replacing the former sunken tub), fresh tile surrounds, an easy-clean skirted toilet, and a private dog door (May 2022) for pets. Guest Bath: Beautifully updated (Aug 2023) featuring a heavy-duty cast iron tub with custom tile surrounds, tile floors, and modern skirted toilet fixtures. The exterior showcases a complete landscape transformation designed to impress around the clock: Stunning Nightscape Lighting: Low-voltage landscape lighting accents the lush greenery and architectural features, creating incredible curb appeal and an inviting ambiance after dark. Timeless Elevation: Features a full classic brick facade that never requires painting, paired with fresh full exterior paint on remaining surfaces (Apr 2023) and a new garage door (March 2023). Custom Hardscaping: Beautiful new paver driveway, front walkway, grand entry, and spacious rear paver patio (Jan 2023). Rare St. Augustine Grass Lawn: Step into the private backyard onto a thick, soft, and cool St. Augustine grass lawn--an ultra-rare, high-value luxury in Arizona that feels amazing on bare feet. Irrigation, Gutters & Storage: Fully updated front and rear automated sprinkler/irrigation system (Jan 2023), custom rain gutters (March 2026), and a matching, durable exterior storage shed (Jan 2023). UNRIVALED RESORT-STYLE LIVING AT THE LAKES Living in The Lakes of Tempe isn't just buying a home--it's adopting a resort lifestyle. Centered around a stunning, private 50-acre body of water, residents enjoy: Stocked Lake & Water Recreation: The lake is teeming with catchable fish (bass, catfish, sunfish) for catch-and-release fishing, kayaking, and electric pontoon boating. The Lakes Beach & Tennis Club: Enjoy exclusive access to an Olympic-sized heated pool, relaxing heated spa, state-of-the-art workout facility, indoor racquetball courts, illuminated tennis courts, active pickleball courts, sand volleyball, children's playground, outdoor firepits, and shaded BBQ ramadas. Be sure to watch our Video Tour Of The Lakes and Beach and Tennis Club! Community Social Life & Waterfront Dining: Take in breathtaking desert sunsets over the water from neighborhood private parks or while dining at popular lakefront spots like Pier 54 and Word of Mouth Grill. PRIME CENTRAL TEMPE LOCATION & NEARBY ATTRACTIONS Situated in one of the East Valley's most desirable locations, you are centrally positioned near world-class recreation, major employment hubs, and top-rated schools: Travel & Airport Access: Just a 10-15 minute drive to Phoenix Sky Harbor International Airport via nearby US-60, I-10, and Loop 101 freeways. Higher Education: Minutes from Arizona State University (ASU Main Campus). Home of the Sun Devils athletics and Mountain America Stadium. Nearby Parks & Recreation: Steps from Kiwanis Park & Community Center (wave pool, batting cages, tennis center, and walking trails), Tempe Town Lake, Mill Avenue Entertainment District, and South Mountain Park & Preserve for hiking and mountain biking. Major Regional Employers: Quick commutes to the ASU Research Park, State Farm Regional Headquarters at Marina Heights, GoDaddy, Carvana, Honeywell, DoorDash tech hub, and the Price Road Tech Corridor. Schools: Zoned for highly rated local schools including Rover Elementary, Fees College Preparatory Middle School, and Marcos De Niza High School. DON'T MISS THIS RARE OPPORTUNITY TO OWN ONE OF TEMPE'S MOST STUNNING CUSTOM HOMES IN ARIZONA'S FIRST AND MOST COVETED LAKE COMMUNITY!

1225 E Harbor View Drive, Tempe
$829,900
4 Beds ⋅ 3 Baths ⋅ 7062585 MLS ⋅ 2,639 SqFt. ⋅ 85281 Zip Code
Rare opportunity to own brand-new construction in the heart of Tempe w/ modern design, energy efficiency & no HOA. Perfect as a primary residence, multigenerational home or investment property w/ strong rental potential near ASU. Minutes from ASU, Tempe Town Lake, Sky Harbor, shopping, dining & freeways. Open-concept floorplan w/ 9-ft ceilings, recessed lighting & wood-look flooring. Kitchen features quartz counters, shaker cabinets, SS appliances, lg island & dining area. 4BD/3BA + office/optional 5th BD. Primary suite w/ walk-in closet, dual vanities & walk-in shower. Spray foam insulation, oversized 2-car garage, RV gate, laundry w/ cabinets & utility sink, low-maintenance landscaping, paver driveway & covered patio.

1218 W Howe Street, Tempe
$535,000
5 Beds ⋅ 2 Baths ⋅ 7061219 MLS ⋅ 2,299 SqFt. ⋅ 85282 Zip Code
No HOA, Move-in ready 5 bed, 2 bath, 2,300 sq ft in a fantastic Tempe location just minutes from ASU! Fresh interior paint, new flooring, updated lighting & Ceiling Fans, and a remodeled primary bathroom make this home shine. The kitchen features beautiful solid wood maple cabinets right off 2 dining areas. An enclosed patio adds valuable living space perfect for a family room, game room, office, or hobby area. Enjoy the covered patio, grassy backyard, storage shed, front patio finished with Pavers, and a 2 car garage. Conveniently located near shopping, dining, parks, major freeways, and Arizona State University. A wonderful opportunity to own an updated home with room to grow in one of Tempe's most desirable locations.

1107 E Balboa Drive, Tempe
$569,900
4 Beds ⋅ 2 Baths ⋅ 7060755 MLS ⋅ 1,339 SqFt. ⋅ 85288 Zip Code
Concessions available. Wake up minutes from the red rock trails of Papago Park and come home to a space that's completely move-in ready. This home puts you right where you want to be -- close enough to hit Hole-in-the-Rock or the Papago trail system before breakfast, and close to the 202 for an easy commute anywhere in the Valley. Why you'll love it: 🥾 Steps from Papago's iconic hiking and biking trails 🚗 Quick 202 access -- Tempe, Scottsdale, Downtown Phoenix, Sky Harbor all within reach 🏡 Move-in ready -- no renovations. Just unpack and live 📍 Unbeatable location in one of the Valley's most desirable pockets Whether it's a sunrise hike, a bike ride around the buttes, or a quick freeway hop to dinner in Old Town, this location puts the best of

401 E Continental Drive, Tempe
$430,000
3 Beds ⋅ 2 Baths ⋅ 7060689 MLS ⋅ 1,100 SqFt. ⋅ 85283 Zip Code
Some homes are built around a big house. This one's built around a big yard. This over 8,600 sf property in Tempe's Wood Park Village gives you far more usable outdoor space than most listings this size, with real, irrigated grass already in and a rebuilt brick wall wrapping it all in privacy. If your dream is more time outdoors and room for kids and animals to roam and less square footage to clean, this is it! Inside, the 3-bedroom, 2-bath home stays simple and efficient: a fresh, open-concept kitchen with stainless steel appliances and a sink positioned to look right out over that dreamy yard, a primary suite with its own bath and walk-in closet, and updates that mean nothing to worry about for years including a brand-new roof, newer windows and sliding glass door, and a water heater replaced in 2020. Two-car garage with direct access. Refrigerator, washer, and dryer included. Minutes from Intel, ASU Research Park, and the Discovery Business Campus, with Arizona Mills and Ahwatukee Foothills Towne Center close by for dinner and weekend errands.

5709 S Roberts Road, Tempe
$625,000
3 Beds ⋅ 3 Baths ⋅ 7060069 MLS ⋅ 1,850 SqFt. ⋅ 85281 Zip Code
Location, location, location! Immaculate 2018-built townhome ideally situated near University Dr. & Mill Ave. in the heart of Tempe. This move-in-ready home offers 3 bedrooms, 2.5 bathrooms, a 2-car garage, brand-new carpet, and fresh interior paint. The open-concept floor plan is bright and inviting, providing the perfect space for everyday living and entertaining. The spacious primary suite features a private bath and generous closet space, while the secondary bedrooms offer flexibility for students, guests, or family. Enjoy the convenience of being within walking and biking distance to ASU, with easy access to Mill Avenue, Tempe Town Lake, light rail, shopping, restaurants, major freeways, and Phoenix Sky Harbor Airport.

431 W 9th Street, Tempe
$299,000
3 Beds ⋅ 2 Baths ⋅ 7059964 MLS ⋅ 1,408 SqFt. ⋅ 85282 Zip Code
Fully remodeled 3-bedroom townhome only 2.7 miles from ASU -- a rare find in Tempe under $300,000 and an easy fit for an owner-occupant or investor. The 2020 renovation covered the kitchen, baths, and flooring, and the big-ticket items are done: new roof, Pella windows, and water heater in 2025, HVAC in 2019, appliances 2019 or newer. Ring system, new security door, indoor laundry, walk-in closet, storage shed, and 2 assigned covered carport spaces. One of the best positions in Tempe Gardens, opening to an expansive grassy common area. The HOA covers exterior maintenance and roofing, plus the community pool, playground, and clubhouse. From Mill Ave, you're roughly 8 minutes to campus, minutes from 125-acre Kiwanis Park, and close to the 60, 101, and 10. Live in it, hold it, or rent it out.

5029 S Mill Avenue, Tempe
$379,000
2 Beds ⋅ 3 Baths ⋅ 7058768 MLS ⋅ 1,310 SqFt. ⋅ 85282 Zip Code
A RARE and incredible opportunity to own A DESIRABLE CORNER LOT townhome in a convenient Tempe location, minutes from ASU, Mill Ave, dining, shopping, nightlife, and more! Whether you're a first-time homebuyer, looking for a second home, or considering an investment property, this Tempe townhome offers a great combination of location, updates, convenience, and value! This charming home offers 2 BR's, 2.5 BA, a 2-CG, & a bright, open floor plan designed for comfortable everyday living. Updates include wood laminate flooring, baths w/ updated tile surrounds, and an upgraded kitchen featuring stainless steel appliances, white cabinetry & a stylish tile backsplash. Head outside to your private patio or enjoy the convenience of the community pool located right outside. Easy access nearby ASU, freeways, downtown Tempe, Sky Harbor Airport, golf, the Phoenix Zoo, Desert Botanical Garden and more! Don't miss this incredible opportunity to be at the center of it all!

821 E Redondo Drive, Tempe
$599,000
4 Beds ⋅ 2 Baths ⋅ 7058379 MLS ⋅ 2,401 SqFt. ⋅ 85282 Zip Code
This remodeled NO HOA Tempe home offers a close (9 min drive) to ASU/Mill Ave shopping, Sky Harbor, and US-60ASU. The 4BR/2BA residence blends timeless character with modern updates, including a permitted addition creating an expansive bonus/family room with wet bar, built-ins, and a secondary fireplace. Covered front and back areas invite effortless indoor-outdoor living, while solid mechanicals and structure provide peace of mind.

212 E Minton Drive, Tempe
$674,900
4 Beds ⋅ 2 Baths ⋅ 7058041 MLS ⋅ 1,972 SqFt. ⋅ 85288 Zip Code
Welcome to this beautifully updated home in a prime Scottsdale/Tempe location, just minutes from Old Town Scottsdale, ASU, and Papago Park. The bright, modern interior features fresh paint, new windows and flooring (2026), and a remodeled kitchen (2023) with custom cabinetry, quartz countertops, and new Samsung/LG appliances. Stylish spa-inspired bathrooms were also renovated in 2023. Additional major upgrades include a newer HVAC system (2025), updated drain/sewer and ABS lines, electrical wiring (2012), and refreshed landscaping with an irrigation system in both the front and back yards. Enjoy abundant storage with exterior carport storage and a spacious laundry room. Move-in ready with quality updates throughout make the perfect home, short term rental or investment property.

1043 E Lilac Drive, Tempe
$260,000
2 Beds ⋅ 2 Baths ⋅ 7058026 MLS ⋅ 1,037 SqFt. ⋅ 85281 Zip Code
Move right into this beautifully updated single-level condo in the desirable Casitas East community! This 2-bedroom, 2-bath home features brand-new carpet, laminate, and tile flooring throughout, plus a new HVAC system (2024), water heater, garbage disposal (2024), washer and dryer (2023), and updated bathroom fixtures. Enjoy low-maintenance living with HOA dues covering roof repair and replacement, blanket insurance, water, sewer, trash, common area and street maintenance. Relax by the community pool and enjoy an unbeatable Tempe location just minutes from ASU, Tempe Marketplace, Loop 101, Loop 202, shopping, dining, and Sky Harbor Airport. Move-in ready!

904 S Melody Lane, Tempe
$769,999
7057410 MLS ⋅ 85281 Zip Code
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
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