University Terrace Homes with Lease Purchase New Financing

University Terrace Homes with Lease Purchase New Financing

Welcome to University Terrace, a vibrant subdivision nestled in the heart of Tempe, Arizona, within the picturesque Maricopa County. This charming community is perfectly situated, offering residents a delightful blend of suburban tranquility and urban convenience. With its close proximity to Arizona State University, University Terrace is an ideal location for students, faculty, and families alike, making it a sought-after neighborhood for those who appreciate a lively atmosphere.

The homes in University Terrace are designed to cater to a variety of lifestyles, featuring modern layouts and appealing finishes. Whether you're looking for a cozy starter home or a spacious residence for your growing family, this subdivision has something to offer everyone. One of the standout features of University Terrace is the availability of lease purchase financing options. This innovative approach allows prospective homeowners to secure their dream home while enjoying the flexibility of leasing, making homeownership more accessible than ever.

Residents of University Terrace enjoy a wealth of amenities, including beautifully landscaped parks, walking trails, and community gathering spaces that foster a sense of belonging. The nearby Tempe Marketplace and Downtown Tempe offer a plethora of shopping, dining, and entertainment options, ensuring that there’s never a dull moment.

With its prime location, diverse housing options, and community spirit, University Terrace is more than just a place to live; it's a place to thrive. Discover your new home in this enchanting subdivision and experience the vibrant lifestyle that Tempe has to offer!

Newest University Terrace Homes with Lease Purchase New Financing

$625,000
3 Beds ⋅ 2 Baths ⋅ 6951623 MLS ⋅ 1,650 SqFt.
Beautifully remodeled gem of a home with 3 bedrooms, 2 bathrooms, and 2 den/flex rooms! This home has been recently remodeled and updated to an incredible modern standard with everything from flooring to kitchen and baths being less than 5 years old! Being situated in such a prime location near major freeways, and within walking distance of ASU is a dream come true for students and rental investors alike. This home is occupied by wonderful tenants at $4475/m until the end of July 2027, so you are given a great option if you'd like to continue renting out this spectacular home as an income property at a cap rate over 8% for the next year as well or take over occupancy yourself right in time for the school year to begin! Either way, we know you'll love this gem of a home!

346 E Broadway Lane, 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.