Tempe Homes with 1031 Exchange New Financing

Welcome to Tempe, Arizona—a vibrant city that perfectly blends the energy of urban living with the charm of a close-knit community. Nestled in Maricopa County, Tempe is renowned for its picturesque landscapes, rich cultural experiences, and dynamic economy. Home to Arizona State University, the city buzzes with youthful energy and innovation, making it a prime destination for students, professionals, and families alike.

Tempe boasts a variety of recreational opportunities, from the scenic Tempe Town Lake to the expansive parks and hiking trails that weave through the area. The city is also a cultural hub, hosting numerous festivals, art galleries, and theaters, ensuring there’s always something exciting happening. With its lively downtown area filled with restaurants, shops, and entertainment venues, residents enjoy a lifestyle that is both active and engaging.

For those looking to invest in Tempe’s real estate market, the opportunity is ripe with the introduction of homes eligible for 1031 Exchange New Financing. This unique financing option allows investors to defer capital gains taxes by reinvesting the proceeds from a sold property into a new one, making it an appealing choice for savvy buyers. Whether you’re seeking a charming single-family home, a modern condo, or an investment property, Tempe’s diverse housing options cater to all tastes and budgets.

Discover the charm and opportunities that await in Tempe, where a thriving community and a robust real estate market come together to create the perfect place to call home. Embrace the future of living in this vibrant city today!

Newest Tempe Homes with 1031 Exchange New Financing

1111 W University Drive Unit 3008, Tempe

$395,000

2 Beds ⋅ 2 Baths ⋅ 7091635 MLS

Welcome to turn-key urban living in the heart of Tempe. This sleek two-bedroom, two-bathroom condo seamlessly pairs a modern industrial aesthetic with high-end comfort. Step inside to an open-concept layout featuring soaring ceiling heights, brand-new interior paint throughout, modern finishes, and brand-new carpet in the living spaces and bedrooms. Framed by expansive windows, the main space offers picturesque views of the iconic Papago Mountains. Plus, with a showstopping Deadpool mural by a local artist anchored in the living room, this unit is truly a home you have to Marvel at. Designed for maximum flexibility and privacy, both oversized bedrooms function as dual suites, each boasting its own large walk-in closet and dedicated full bath. Nestled within a highly desirable gated community, residents enjoy premium amenities including secure underground garage parking, a fully equipped workout facility, and a resort-style community pool and spa. Positioned for an effortless daily commute, this home is just minutes from Downtown Tempe, the vibrant Mill Avenue district, Arizona State University main campus, and Phoenix Sky Harbor International Airport, with easy access to major freeways. Whether you are seeking a low-maintenance primary residence or a prime lock-and-leave base, this unit delivers style, space, and unmatched convenience.

1111 W University Drive Unit 3008, Tempe

$235,000

1 Beds ⋅ 1 Baths ⋅ 7091624 MLS

Unique opportunity - upper level 1-bed, 1-bath condo in the newest building of the complex. The unit offers a calm, neutral interior that's easy to make your own. Newer flooring and fresh paint. The living area opens to a balcony overlooking the pool, giving the space a brighter feel and a spot to unwind. Your bedroom is larger than most with an ample walk-in closet. A private storage closet off the balcony adds practical room for bikes, gear or added belongings. An assigned detached carport keeps parking simple, and the community clubhouse provides an extra place to gather. Just minutes from ASU, transit, cafes, and Tempe's everyday essentials, it's ideal for anyone seeking an easy urban lifestyle with convenience, walkability, and minimal upkeep.

1111 E University Drive Unit 235, Tempe

$545,000

3 Beds ⋅ 2 Baths ⋅ 7091374 MLS

Beautifully Renovated & Move-In Ready! This stunning 3-bedroom, 2-bath home with a separate office and 2-car garage has been beautifully updated inside and out! Features include a NEW ROOF, fresh interior and exterior paint, and a gorgeous remodeled kitchen with new cabinetry, appliances, flooring, and a spacious quartz island with waterfall edges. Both bathrooms have been completely remodeled, including a beautiful walk-in shower in the primary suite. Step outside to your fully transformed backyard featuring a cozy firepit and 14 newly planted Ficus trees that will grow into a lush privacy hedge. Enjoy fantastic neighborhood amenities including a beautiful park and scenic walking paths. A perfect blend of modern style and outdoor living!

9958 S Margo Drive, Tempe

$685,000

4 Beds ⋅ 2 Baths ⋅ 7091070 MLS

Fresh paint, a private pool, basketball court, and NO HOA! This single-story Tempe home offers 4 bedrooms, 2 bathrooms, and nearly 2,000 square feet on a spacious corner lot. The home features a freshly painted exterior and recently refreshed interior, creating a clean, updated feel throughout. Inside, you'll find an open layout featuring wood-look tile flooring, granite countertops, white cabinetry, stainless steel appliances, and a spacious living area that flows into the kitchen and dining space. Step outside to a backyard designed for entertaining complete with a private pool, basketball court, low-maintenance turf, and plenty of room to enjoy the Arizona sunshine. Additional features include a 2-car garage, updated primary bathroom with a walk-in shower, and a privacy block wall. Near ASU, Downtown Tempe, shopping, dining, and major freeways for the ultimate Tempe location. A great combination of indoor space, outdoor amenities, and prime accessibility to the rest of the Valley!

425 E Hermosa Drive, Tempe

$525,000

3 Beds ⋅ 3 Baths ⋅ 7088053 MLS

Welcome to this inviting 3 bedroom | 2.5 bathroom home, ideally located near ASU with convenient access to shopping, dining, entertainment, and major freeways. The thoughtfully designed floor plan offers comfortable living spaces filled with natural light, including a welcoming family room centered around a cozy fireplace. The gourmet kitchen features a large center island, granite countertops, gas cooktop, ample cabinetry, and generous prep space. The spacious primary suite offers a private retreat, while two additional bedrooms provide flexibility for guests, a home office, or additional living space. Outside, the large backyard features a covered patio, creating the perfect setting for outdoor entertaining and offering endless possibilities to make the space your own. A great opportunity to enjoy a convenient location with plenty of space inside and out!

2301 E Alameda Drive, Tempe

$269,000

2 Beds ⋅ 1 Baths ⋅ 7087480 MLS

Welcome to this cozy, inviting Hudson Trace condo! Feel the good vibes and sensible style the moment you enter this bright, airy home featuring a 1-car garage, vaulted ceilings, and a spiral staircase to a flexible loft (ideal 2nd bedroom or office). Premium upgrades include a Bosch eco-friendly HVAC (2024), double-pane Jeld-Wen windows, new ceiling fans, and double French front doors with built-in blinds. The kitchen boasts granite countertops, a gray composite sink, and newer appliances, plus a new stackable washer/dryer (2025). The bathroom is beautifully updated with a new vanity, mirror, lighting, and toilet. Includes outdoor storage and a PRIME location at the convergence of the 101, 202, and US 60 freeways for an easy commute!

2333 E Southern Avenue Unit 2021, Tempe

$310,000

3 Beds ⋅ 2 Baths ⋅ 7087098 MLS ⋅ 1,088 SqFt.

Great location just minutes from freeway access, shopping, dining, and everyday conveniences. This charming duplex-style condo offers an inviting open floor plan with vaulted ceilings and a cozy fireplace, creating a comfortable living environment. The split primary bedroom provides added privacy and flexibility. Recent 2026 updates include carpet, vinyl flooring and fresh interior paint in neutral tones throughout. Enjoy the benefits of a quiet neighborhood along with community amenities including a private park and pool. A wonderful opportunity for comfortable, low-maintenance living in a convenient location! Owner Agent. Professional pictures coming.

1029 W Laguna Drive, Tempe

$575,000

3 Beds ⋅ 3 Baths ⋅ 7086896 MLS

Thoughtfully redesigned from the ground up, this beautifully remodeled home pairs modern design with the peace of mind of extensive system upgrades. Featuring 3 bedrooms, 2.5 bathrooms and a completely reimagined floor plan, nearly every detail has been updated--including new LVP flooring throughout, electrical, plumbing and sewer lines, AC and ductwork, energy-efficient windows, attic insulation, and a custom kitchen with new stainless steel appliances. The beautifully designed bathrooms feature custom finishes, while the front and backyard have been transformed with low-maintenance desert landscaping and a custom Alumawood pergola creating the perfect shaded space for outdoor entertaining. Ideally positioned between Tempe Town Lake, Old Town Scottsdale, Papago Park, the Desert Botanical Garden, ASU and the Phoenix Zoo, this home puts some of the Valley's best dining, entertainment and outdoor recreation just minutes away. The photos are beautiful but this is one you truly need to experience in person.

2115 N Normal Avenue, Tempe

945 E Playa Del Norte Drive Unit 2007, Tempe

$399,000

2 Beds ⋅ 2 Baths ⋅ 7086894 MLS

Luxury modern resort-style living on Tempe Town Lake! Step outside and jog or bike along the waterfront boardwalk, launch your kayak from your lakefront community, or simply relax and enjoy the incredible resort-style amenities. Surrounded by lush landscaping, the community features a cascading pool and spa overlooking the lake, a barbecue and entertaining area with bar, and a fully equipped fitness center. This beautifully updated 2 bedroom, 2 bath residence lives much larger than its square footage thanks to an impressive 250-square-foot east-facing patio, perfect for morning coffee, outdoor dining, and Arizona evenings complete with an exterior fireplace and additional storage. Inside, luxury upgrades continue with LVP flooring throughout, crisp white shaker cabinetry, granite counter tops, stainless steel appliances, custom bathroom vanities, subway-tiled showers in both bathrooms, fresh interior paint, and 5-inch baseboards. A full-size washer and dryer are conveniently located inside the unit. Whether you're looking for a full-time residence, lock-and-leave Arizona retreat, or a home surrounded by the energy and lifestyle of Tempe Town Lake, this one is a must-see!

945 E Playa Del Norte Drive Unit 2007, Tempe

$385,000

4 Beds ⋅ 2 Baths ⋅ 7086589 MLS ⋅ 1,248 SqFt.

Move in ready Tempe ranch with thoughtful updates. The kitchen features granite countertops, stainless steel appliances, a gas range, and breakfast bar. A split floorplan and single level layout adds everyday functionality. The backyard offers a covered patio, firepit, and clothesline, creating a functional outdoor space with area to entertain. With no HOA and convenient access to nearby shopping, dining, and major Tempe destinations, this home offers a great combination of updates, flexibility, and location.

2021 E 10th Street, Tempe

$610,000

3 Beds ⋅ 2 Baths ⋅ 7086333 MLS ⋅ 1,833 SqFt.

This Tempe Spanish charmer has a personality all its own! Step through the gate and discover a private courtyard made for Arizona living, with a pool, colorful mural, grassy area, lemon, lime and orange trees, and a covered brick lined patio framed by a gorgeous arched window. Inside, the updated, step-free floor plan features a spacious great room with vaulted ceilings, fireplace and plenty of flexibility to make the space your own. The kitchen offers abundant cabinetry and quartz counters, while both baths are updated, including a second bath with direct pool access. French doors off the primary open near a beautiful jasmine vine. Bonus storage adds function, while recent improvements include HVAC (2024), roof with 20-year warranty, water softener and alkaline RO system (2025)! Additional features include a 2-car carport in front of the 2-car garage, a 220V EV outlet in the garage and bonus storage attached to the home. A water softener and alkaline reverse osmosis system at the kitchen sink were added in 2025.

2018 E Balboa Drive, Tempe

$599,900

4 Beds ⋅ 3 Baths ⋅ 7086275 MLS ⋅ 2,000 SqFt.

INCREDIBLE OPPORTUNITY TO OWN THIS ONE OF A KIND HOME, JUST A MILE FROM ASU* Completely renovated in 2020 (This is NOT a flip) Licensed contractors used & permits obtained for your peace of mind* NEW sewer lines for home with exception of MB2 (already repiped) Interior designed by Adrienne Hart of ModaScapes*NEW Tile throughout, (NEW) carpet only in bedrooms*NEW Interior doors, baseboards, 2 front doors & hardware* Upgraded electrical wiring/panel* NEW dual pane, low e windows throughout* Upgraded stainless steel appliances include gas range, microwave drawer, dishwasher, counter depth, French door refrigerator with new water line* NEW Quartz Countertops & custom cabinetry with soft close doors & drawers & dove tailed* Canned lighting* Upgraded lighting & fixtures* Block construction with stuccoed exterior* New roof in 2017 & 2020 for garage* NEW 50-gallon, gas water heater* 2 master suites* One split from the other bedrooms, with it's own private entrance & wood burning fireplace* Great home for investment with 2 living areas* Spacious bedrooms* 1-car garage* Large corner lot with drip system and sprinklers for grassy backyard* Ductwork cleaned 7/2020* Asbestos removed* Report shows no lead based paint* MOVE-IN READY! You can NOT beat this location! Only 1 mile to ASU* (Complimentary) Orbit Bus stop across street* Please note, per appraiser, home's total square footage is 1976. I didn't want you to miss this beauty over 24sf.

554 W 19th Street, Tempe

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