University Estates Real Estate

Welcome to University Estates, a vibrant and inviting subdivision nestled in the heart of Tempe, Arizona, within the picturesque Maricopa County. This charming community is perfect for those who appreciate the perfect blend of suburban tranquility and urban convenience.

University Estates boasts a variety of beautifully designed homes that cater to diverse lifestyles and preferences, making it an ideal place for families, young professionals, and retirees alike. The architecture reflects a harmonious mix of modern and traditional styles, ensuring a warm and welcoming atmosphere for all residents. With tree-lined streets and well-maintained landscaping, the neighborhood radiates a sense of pride and community spirit.

One of the standout features of University Estates is its prime location. Just a stone's throw away from Arizona State University, residents enjoy easy access to a wealth of cultural and educational opportunities. The area is also well-connected to major highways, making commutes to nearby cities such as Phoenix and Scottsdale a breeze.

Outdoor enthusiasts will find plenty to love about University Estates, with nearby parks and recreational facilities offering ample opportunities for hiking, biking, and picnicking. The vibrant local scene is enhanced by an array of shopping, dining, and entertainment options, ensuring that residents have everything they need just moments from their doorstep.

In University Estates, you’ll find more than just a home; you’ll discover a community where neighbors become friends and memories are made. Experience the charm of Tempe living at its finest in this delightful subdivision!

Newest Listings in University Estates

$1,295,000

7068066 MLS ⋅ 2,964 SqFt.

Located on Tempe's Mill Avenue corridor near Downtown Tempe and ASU, 1701 S Mill Ave is a freestanding, single-story office building available for immediate occupancy. Delivered fully vacant, it suits an owner-user looking to move in or an investor seeking a clean, single-tenant asset

1701 S Mill Avenue, Tempe

$850,000

5 Beds ⋅ 3 Baths ⋅ 7067136 MLS

Premier ASU Investment Opportunity -- renovated main house + detached ADU in process! Rare 11,000+ sqft lot minutes from Arizona State University. Ideal as a high-demand student rental, owner-occupied investment, or long-term hold. Move-in-ready 4BD/2BA main house w/ fresh paint & new flooring. New detached 1BD/1BA guest house--private entrance, full kitchen, stacked laundry--currently in process. Upgraded primary bath also underway. Projected combined rents $4,850-$5,450/mo; plans, timeline & rent analysis available on request. No HOA, detached garage + 6 spaces. Renderings depict completed construction. Cash & renovation-friendly financing welcome.

111 E Bonita Way, Tempe

$700,000

4 Beds ⋅ 8 Baths ⋅ 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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