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Tempe Homes for Sale Under $400,000 in Tempe Arizona

Below are ALL of the Newest Tempe Homes for Sale Under $400,000 in Tempe Arizona from our Realtor MLS UPDATED EVERY 5 Minutes!  That means EVERY home from EVERY Real Estate Company that is currently for Sale.

The listings below include ALL homes for Sale in Tempe, Tempe Condos, Tempe Foreclosures, Tempe Short Sales and Luxury homes in Tempe.  You can filter your search at the top of this page by price, size, etc.  Check out the popular 1-Click searches like Tempe Homes for Sale with a Pool or Horse Property for Sale in Tempe Arizona

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Newest Tempe Homes for Sale Under $400,000

$399,000
2 Beds 2 Baths 7077086 MLS 1,208 SqFt.
THE LOWEST-PRICED 1,208 sq. ft. floor plan at Northshore BY A LANDSLIDE, and this one is FULLY RENOVATED. Priced under $400K, this is the kind of value that makes sense whether you're looking for a primary residence, lock-and-leave home, or investment property in one of Tempe's premier waterfront communities. Even better, there's no renovation budget waiting on the other side of the purchase. This 2-bedroom, 2-bath residence has already been transformed with new flooring throughout, fully renovated bathrooms, refinished cabinetry, modern appliances, fresh paint, plantation shutters, and a newer HVAC system. The split floor plan places each bedroom on opposite ends of the home, each with its own full bath, creating built-in privacy that's ideal for roommates, guests, or flexible living. Outside, a private patio with an outdoor fireplace adds usable living space, along with additional balcony storage and a separate dedicated lockable storage unit. TWO reserved covered parking spaces add even more value. Northshore delivers the lifestyle buyers and renters want: a heated lakeside pool and spa overlooking Tempe Town Lake, secure fob access, and direct access to the waterfront trails. HOA dues include gas, water, trash, and recycling for truly low-maintenance living. Minutes from ASU, Mill Avenue, Sky Harbor Airport, Tempe Marketplace, and Old Town Scottsdale. Fully renovated. Waterfront community. TWO covered parking spaces. Under $400K. VACANT and move-in ready. Whether you live in it, lock it and leave it, or add it to your investment portfolio, the numbers and the location make this one hard to overlook.

945 E Playa Del Norte Drive Unit 1019, Tempe

$299,900
2 Beds 2 Baths 7075150 MLS 1,093 SqFt.
Enjoy the best of Tempe living from a peaceful, tree-lined community that keeps you close to the action without feeling right in the middle of it. With quick access to major freeways, shopping, dining, ASU, Tempe Town Lake, Mill Avenue, Kiwanis Park, Arizona Mills, LEGOLAND Discovery Center, and SEA LIFE Arizona Aquarium, this location makes it easy to get around and enjoy everything the city has to offer. Local favorites such as Aunt Chilada's and Rustler's Rooste are nearby, along with plenty of everyday restaurants, coffee shops, and shopping along the Baseline corridor. Inside, vaulted ceilings and abundant natural light create an open, comfortable feel, while the living room is anchored by a cozy fireplace and flows easily into the dining and kitchen areas. Tile flooring throughout the main living spaces adds to the easy-care lifestyle. The kitchen was beautifully updated in January 2024 and is one of the highlights of the home. Light stone-look countertops with subtle gray detailing provide a clean, updated finish and extend into a breakfast bar with additional counter seating. Warm cream cabinetry is accented by distinctive custom carved walnut hardware, while a deep undermount stainless-steel sink, modern high-arc faucet, newer appliances, and dedicated task lighting complete the space. A warm wood accent wall and open display shelving add character and create an inviting transition between the kitchen and dining area. The spacious primary suite provides plenty of room to unwind and offers direct access to one of the home's private outdoor areas. In total, three private patios give you multiple spaces for morning coffee, outdoor dining, plants, or simply relaxing in the shade. The community offers a sparkling pool and spa without the maintenance of having one yourself, along with mature landscaping and an HOA that includes water and exterior maintenance. A brand-new roof adds additional peace of mind. With an attached garage, updated kitchen, vaulted ceilings, fireplace, three private patios, community pool and spa, and a central Tempe location close to shopping, restaurants, recreation, and major freeways, this home offers an easy Arizona lifestyle in a location that's hard to beat.

1222 W Baseline Road Unit 153, Tempe

$270,000
2 Beds 1 Baths 7072835 MLS 941 SqFt.
YOU are Going to Fall in LOVE! Beautiful Modern Tempe Condominium with ATTACHED 1 CAR GARAGE, offering Direct Access to the unit! Spectacular! The Community has a Fresh Contemporary Feel with an Incredible Resort Style Pool Complex, Stunning Clubhouse, BBQ Areas, Tennis Court, Share Office & Dog Park! Ground Level 2 Bedroom 1 bath is Great Home Office Set Up and is located adjacent to a green park-like area with a convenient walking path. White Kitchen Cabinetry, Stainless Steel Appliances & Quartz Countertops. Breakfast Bar that Adjoins the Family Room & Dining Space. Roomy Master fits King Bed & has 2 closets. Full Bath has Garden Tub/Shower & extra storage/linen. 2nd Bedroom has Double Doors and can be used as Den/Office. Big Interior Laundry has plenty of extra storage & Pantry Space! LOCATION, LOCATION! Enjoy an Incredible South Tempe Location close to Shopping, Restaurants, Entertainment & Everyday Conveniences. Just minutes from I-10 for easy access throughout the Valley and approximately 15 minutes to ASU, Downtown Tempe & the popular Mill Avenue District. Enjoy nearby Tempe Town Lake, Tempe Beach Park, ASU Gammage, Local Hiking & Outdoor Recreation. Shopping and dining are close by, with Arizona Mills and additional retail destinations just a short drive away. Approximately 20 minutes to Sky Harbor Airport with convenient access to Downtown Phoenix, Scottsdale, Chandler & the East Valley. A Fantastic Central Location for Work, School, Entertainment & Everything the Valley has to offer!

600 W Grove Parkway Unit 1066, Tempe

$225,000
1 Beds 1 Baths 7070850 MLS 778 SqFt.
HUGE OPPORTUNITY: This property is located in a Community Lending eligible area and may offer qualified buyers special financing incentives, including reduced interest rates and/or closing cost assistance. Ask your agent for additional details and eligibility requirements. Welcome to easy, resort-style living in the wonderful gated Signature Place community with your own attached garage! This beautifully updated 1BR/1BA condo offers a stylish, low-maintenance lifestyle in a fantastic Tempe location. The light & inviting interior features an updated kitchen with quartz countertops and quality cabinetry, attractive flooring, an updated bath, and a spacious laundry room. All this with the added convenience of being on the ground level! Enjoy an impressive collection of community amenities, including spa, a fitness center, tennis and racquetball courts, clubhouse, BBQ and gathering areas, and walking and biking paths. The convenient location puts you close to ASU, Downtown Tempe and Mill Avenue, Tempe Town Lake, Arizona Mills, shopping, dining and entertainment. Ideally located near I-10 and Phoenix Sky Harbor International Airport, with convenient connections to the Valley's major freeway network for easy access throughout the greater Phoenix and Scottsdale areas. Whether you're looking for a full-time residence, seasonal retreat, or a convenient lock-and-leave home, this move-in-ready condo combines comfort, style, amenities and an outstanding Tempe location. Come see everything this home and community have to offer! A true gem in this sought-after community, with opportunities like this rarely available. Items Updated in 2018 info. was provided by previous listing before current seller bought the property. Please confirm with lender if this community is FHA and/or VA eligible. Please confirm with HOA what their rules are. Buyers to verify all material matters.

600 W Grove Parkway Unit 1009, Tempe

$349,900
3 Beds 2 Baths 7070809 MLS 1,320 SqFt.
Prized single-level corner/end-unit location with picture-window views that look across an expansive, tree-lined greenbelt. Step outside to an unusually open and peaceful setting with broad lawns, mature shade trees and a sense of privacy rarely associated with townhouse living.This beautifully updated 3-bedroom, 2-bath home combines an unusually open and private setting with the ease of low-maintenance townhouse living. Thoughtful improvements include a new HVAC system (2024), new kitchen appliances (2025), new Pergo flooring and 3-inch baseboards throughout (2026), fresh interior paint (2026), and new recessed dual-position kitchen lighting (2026). The primary bath has been refreshed with a new countertop, mirror and lighting, while the secondary bath cabinetry has been refinished. Beyond the home itself, Park Riviera offers the combination that's increasingly difficult to find in the heart of the Valley: established surroundings, generous green space and low-maintenance living in an exceptionally convenient Tempe location. ASU, Sky Harbor International Airport, Old Town Scottsdale, Downtown Phoenix and Tempe Marketplace are all within easy reach, along with convenient access to the Valley's major freeways. Residents enjoy two community pools, walking paths and a playground, while HOA roof maintenance helps simplify ownership. Whether used as a full-time residence, seasonal retreat or convenient home base for someone frequently on the Kitchen cabinetry and countertops were previously updated, and a freshly painted front door adds to the homego, the emphasis here is on enjoying where you live rather than spending your weekends maintaining it. With the updating already done, there's little left to do but settle in and enjoy the home, the setting and everything this central Tempe location has to offer.

4806 S Birch Street, Tempe

$360,000
2 Beds 2 Baths 7069593 MLS 1,014 SqFt.
Some homes simply have an inviting feeling the moment you step inside--and this charming 2-bedroom, 2-bath townhouse is one of them. Offering 1,014 square feet of warm, comfortable living space, this home blends everyday convenience with a peaceful atmosphere that makes it easy to settle in and feel at home. The thoughtfully designed floor plan offers comfortable living spaces with plenty of natural light and room to relax. Two well-appointed bedrooms provide privacy and flexibility, whether you're creating a guest room, home office, or simply enjoying a little extra space. The two-car garage adds valuable storage and everyday convenience, while the included water softener and reverse osmosis system provide thoughtful upgrades that make daily living even easier. Outside, the location of the community pool is a standout feature. Just steps from the home, the pool is close enough to make enjoying a refreshing swim or relaxing poolside part of your everyday routine. Whether you're cooling off on a warm Arizona afternoon or enjoying a quiet morning outside, having this amenity so close adds an extra layer of convenience to the lifestyle.The exterior was freshly painted in 2024, giving the home a clean and refreshed look while complementing its welcoming character. If you're looking for a place that feels warm, inviting, and peaceful while still offering the conveniences you want, this charming townhouse is ready to welcome you into its next chapter.

410 W Laguna Drive, Tempe

$264,900
2 Beds 2 Baths 7067585 MLS 987 SqFt.
Located on an interior corner within beautifully-maintained University Shadows, this remodeled 2 bedroom, 2 bath 'patio home' pairs architectural character with 2 private outdoor spaces and a walkable, connected location. Most windows and doors opens to one of the gated outdoor space, enhancing the home's seamless indoor/outdoor living. The private entry patio with beamed overhang is accessible from both the living and dining areas. Enjoy soaring 10' beamed ceilings in the living space, cohesive tile flooring throughout and sliding glass doors that fill the interior with gorgeous natural light. Expanded beyond its original footprint, the remodeled kitchen offers a rare eat-in dining nook and a breakfast bar. The kitchen features warm, wood-tone cabinetry, slab granite countertops, under-mount sink, textural stone backsplash and stainless steel + black appliances. Both bathrooms have been fully remodeled with tiled showers, updated vanities, slab granite counters and cohesive finishes. The primary suite's sliding glass door opens to a block-fenced private yard with low-maintenance gravel landscape and gated access. Additional features include a private exterior laundry room with washer/dryer included, HVAC replaced in 2017, 1 covered assigned parking space and ample unassigned parking. HOA covers exterior maintenance, including roofs and skylights, as well as trash collection. The HOA is scheduled to update the roof and skylight in early October. Recently refreshed community amenities include a pool + heated spa and a tennis court with ½-court basketball. The location seals the deal! Walk to Cubs Spring Training at Sloan Park (.5 miles) as well as Riverview Park (1 mile), with Mesa Riverview and Tempe Marketplace both approx 1.5 miles from the property for all your shopping and dining needs. ASU is close by, as well (~3.7 miles). Nearby light rail provides even greater connectivity throughout the Valley. Remodeled, private and perfectly positioned, this tucked-away patio home offers easy living close to the best of Tempe and beyond.

2446 E 5th Place, Tempe

$304,000
2 Beds 2 Baths 7067319 MLS 1,128 SqFt.
Move-in ready and meticulously updated, this Questa Vista condo delivers the rare combination of modern finishes, low-maintenance living, and an unbeatable Tempe location -- all just minutes from ASU, Downtown Tempe, and Tempe Town Lake. Step inside to a fully reimagined kitchen featuring brand-new countertops, a new sink and faucet, and freshly refaced cabinetry with soft-close hinges and updated hardware throughout. Both bathrooms have been refreshed with new vanities, and the home is finished with all-new lighting -- including updated fixtures in the kitchen, bathrooms, and living room -- plus new light switches and kitchen-safe electrical outlets for true peace of mind. Comfort and efficiency were top of mind here too: a newer AC unit has cut summer utility costs nearly in half, a Nest smart controller puts climate control right at your fingertips. A newer water heater rounds out the major mechanical updates, so the big-ticket items are already done. Beyond the interior, enjoy thoughtful touches like a private balcony finished with tile flooring and greenery -- a perfect spot for morning coffee or evening downtime -- along with a new front door lock and handle set and refreshed bedroom hardware throughout. Located within the well-maintained Questa Vista community, this home offers effortless access to ASU, major employers, freeway systems, and everything Tempe's vibrant dining and entertainment scene has to offer. Whether you're a first-time buyer, an investor, or looking for a low-maintenance lock-and-leave lifestyle, this condo checks every box.

850 S River Drive Unit 2041, Tempe

$197,000
1 Beds 1 Baths 7067030 MLS 631 SqFt.
Thoughtfully refreshed and ideally located near ASU! This upper-level 1-bedroom, 1-bath Tempe Villas condo offers approx. 631 SF with new carpet, new countertops, a new stainless steel appliance package including range, refrigerator, microwave & dishwasher, plus a new stacked washer & dryer. Sliding doors open to a private balcony overlooking a lushly landscaped courtyard, while the unit's tucked-away location offers added privacy from University Drive. Enjoy assigned covered parking, manicured grounds, community pool, spa and clubhouse. Walk or bike to ASU, light rail, restaurants, entertainment & parks, with Mill Ave, Sun Devil Stadium, shopping, freeway access & Sky Harbor Airport all nearby. Ideal as a primary residence or investment property. Freshly Updated: New carpet, new countertops, a new appliance package including range, refrigerator, microwave and dishwasher, plus a new washer and dryer create a fresh, move-in-ready feel. Private Upper-Level Setting: This upper-level residence is tucked in from University Drive and features sliding doors leading to a private balcony, creating a more comfortable and private setting. Community Amenities: Tempe Villas offers manicured grounds, a community pool, spa and spacious clubhouse with gathering space and kitchen. One assigned covered parking space is included. Connected Tempe Lifestyle: Enjoy close proximity to ASU, light rail, Mill Avenue, Sun Devil Stadium, nearby parks, restaurants, shopping and entertainment, with convenient freeway access and easy access to Sky Harbor International Airport. Flexible Ownership Opportunity: Well suited for a primary residence, lock-and-leave lifestyle or investment consideration in a highly convenient Tempe location.

1111 E University Drive Unit 229, Tempe

$400,000
2 Beds 2 Baths 7066123 MLS 1,289 SqFt.
Discover easy, low-maintenance living in the desirable Warner Ranch community of South Tempe! This charming single-level home offers 2 bedrooms, 2 baths, 1,289 sq. ft. and a 2-car garage. An incredible opportunity is the existing assumable VA loan with an interest rate of just 2.25%--and the loan may be assumable by VA and non-VA buyers alike, subject to lender approval and qualification. Ask for details! Step through the private front courtyard into a bright, open living and dining area featuring vaulted ceilings and an updated wood-burning fireplace. The kitchen offers granite countertops, stainless steel appliances, ample cabinetry and a convenient breakfast area. Both bedrooms feature tile flooring, with the spacious primary suite offering two closets, patio access and an updated bath with dual sinks and a beautifully tiled shower. The guest bath has also been updated with granite counters, upgraded lighting and a tub/shower combination. Outside, enjoy a private, low-maintenance backyard with plenty of possibilities for creating your own outdoor retreat. A newer Trane HVAC system adds to the appeal, while the community swimming pool gives you a place to cool off without the upkeep of your own pool. Conveniently located near shopping, dining, freeways and everything South Tempe has to offer. A 2.25% assumable loan is something you don't see every day! Get the details on this unique financing opportunity.

42 W Calle De Arcos --, Tempe

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