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 close-knit community with the energy of a bustling urban environment. Nestled in Maricopa County, Tempe is home to Arizona State University, which infuses the area with youthful energy, cultural diversity, and a plethora of educational opportunities. With its stunning desert landscapes, picturesque lakes, and an array of outdoor activities, Tempe offers residents a unique lifestyle that embraces both adventure and relaxation.

When it comes to real estate, Tempe presents an exciting opportunity for homebuyers, particularly those interested in properties that qualify for 1031 Exchange financing. This investment strategy allows sellers to defer capital gains taxes by reinvesting the proceeds from the sale of their property into a new one. Whether you’re looking for a charming single-family home, a modern condo, or a lucrative rental property, Tempe’s diverse housing market caters to a variety of tastes and budgets.

The city’s strong rental market, fueled by the influx of students and young professionals, makes it an ideal location for real estate investors. With 1031 Exchange financing available, you can maximize your investment potential while enjoying the many benefits of Tempe living. From the vibrant Mill Avenue District with its eclectic shops and restaurants to the scenic Tempe Town Lake, there’s something for everyone in this dynamic city.

Explore the possibilities that Tempe has to offer and discover how you can make this thriving community your home or investment opportunity today!

Newest Tempe Homes with 1031 Exchange New Financing

5 Beds ⋅ 2 Baths ⋅ 7061219 MLS ⋅ 2,299 SqFt.

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

4 Beds ⋅ 2 Baths ⋅ 7060755 MLS ⋅ 1,339 SqFt.

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

3 Beds ⋅ 2 Baths ⋅ 7060689 MLS ⋅ 1,100 SqFt.

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

3 Beds ⋅ 3 Baths ⋅ 7060069 MLS ⋅ 1,850 SqFt.

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

3 Beds ⋅ 2 Baths ⋅ 7059964 MLS ⋅ 1,408 SqFt.

Perfectly located on Mill Ave. between ASU and 125-acre Kiwanis Park, this fully remodeled townhome offers an unbeatable Tempe location and exceptional updates. Whether you're looking for a home near campus, a low-maintenance residence, or an investment opportunity in the heart of Tempe, this one checks every box. Fully renovated in 2020 including new kitchen, bathrooms, and flooring. NEW roof, Pella windows, and water heater (2025), HVAC (2019), and all appliances 2019 or newer. Enjoy one of the community's best locations, with an expansive grassy area right outside your door. Plus indoor laundry, Ring system, new security door, 2 carports, storage shed, and a huge walk-in closet. HOA covers exterior maintenance, roof repairs, a big pool, and playground all minutes from the 60, 101, & 10.

5029 S Mill Avenue, Tempe

4 Beds ⋅ 2 Baths ⋅ 7058379 MLS ⋅ 2,401 SqFt.

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

4 Beds ⋅ 2 Baths ⋅ 7058041 MLS ⋅ 1,972 SqFt.

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

2 Beds ⋅ 2 Baths ⋅ 7058026 MLS ⋅ 1,037 SqFt.

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

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

4 Beds ⋅ 2 Baths ⋅ 7056568 MLS ⋅ 1,953 SqFt.

Major systems have been updated and much of the heavy lifting has been done. HVAC updated 2017. Water heater replaced 2021. New sewer and drain lines installed 2026. Pool pump equipment replaced 2026. Exterior freshly painted 2026. Block construction. Single story. Four bedrooms, two bathrooms, 1,953 square feet per assessor. 8,825 square foot lot. Private pool with covered patio. Two-car garage. No HOA. Updated appliances, and opens to the main living area. Refrigerator, washer, and dryer included. Synthetic grass front and back with irrigation. Continental East neighborhood of Tempe. Built 1973. Tempe Union High School District. McClintock High School. Close to US-60, Loop 101, ASU, and Tempe Marketplace.

6217 S Hazelton Lane, Tempe

3 Beds ⋅ 2 Baths ⋅ 7055538 MLS ⋅ 1,342 SqFt.

Welcome to this well-maintained home in a prime Tempe location, just minutes from Arizona State University, shopping, dining, parks, and major freeways for an easy commute. Enjoy the privacy and extra space of a large cul-de-sac lot complete with an RV gate, offering plenty of room for your toys, trailers, or future backyard dreams. Major updates provide peace of mind, including a new A/C system (2025) and new water heater (2025). Whether you're looking for your next home or a great investment opportunity near ASU, this property combines location, functionality, and valuable recent improvements in one exceptional package.

1238 W Auburn Drive, Tempe

4 Beds ⋅ 2 Baths ⋅ 7055371 MLS ⋅ 1,903 SqFt.

Spacious, corner lot, 4 bedroom, 2 bath home in Tempe. Recent upgrades include all new energy efficient windows, new front door, new sliding patio door, and a newer HVAC system installed in 2024. Spacious floorplan with abundant natural light and generous living areas. Conveniently located near shopping, dining, parks, and freeways.

1906 E Minton Drive, 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.