Tempe Homes with Assigned Parking Features

Welcome to Tempe, Arizona—a vibrant city that seamlessly blends the energy of a college town with the warmth of a close-knit community. Nestled in Maricopa County, Tempe is known for its picturesque landscapes, bustling arts scene, and a plethora of outdoor activities. With the stunning backdrop of the nearby mountains and the serene waters of Tempe Town Lake, this city offers an ideal setting for both relaxation and adventure.

Tempe is home to Arizona State University, which brings a youthful spirit and an array of cultural events, sporting activities, and educational opportunities to the area. Residents enjoy a rich tapestry of dining options, from trendy cafes to gourmet restaurants, catering to every palate. The city is also known for its beautiful parks, including the expansive Tempe Beach Park, perfect for picnics, jogging, or simply soaking in the Arizona sun.

For those looking to call Tempe home, you'll find a variety of housing options that cater to diverse lifestyles and budgets. Many homes in this area come equipped with assigned parking features, providing residents with the convenience and peace of mind that comes with dedicated parking spaces. Whether you’re a busy professional, a student, or a growing family, having a secure parking spot is a valuable asset in this bustling city.

Explore the charm of Tempe, where modern living meets a rich cultural heritage, and discover your dream home with the added benefit of assigned parking. Embrace the vibrant lifestyle that awaits you in this dynamic Arizona gem!

Newest Tempe Homes with Assigned Parking Features

$769,999

7057410 MLS

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

$1,235,000

7007483 MLS

Turnkey duplex investment with major upgrades already done. Across the property, the exterior was painted in 2022, interior paint was refreshed throughout all units, roof/trim/overhang repairs were completed, and dry rot-damaged wood was replaced prior to painting. Ownership also added updated electrical outlets, switches, and GFIs, new interior door hardware, new exterior lighting, Nest WiFi thermostats, and Eufy WiFi front door locks for modern convenience and added security. Inside, the unit improvements create strong tenant appeal and a more polished, move-in-ready feel. Multiple units feature updated kitchens with new cabinetry, granite or quartz countertops, undermount sinks, backsplash details, and new appliances. Bathrooms have been refreshed with new vanities, mirrors, lighting, upgraded fixtures, and remodeled showers, including a fully tiled walk-in shower in one unit and a Spanish mosaic tile shower in another. Additional upgrades include new flooring in select units, low-E energy-efficient windows, ceiling fans with remotes, blackout curtains, TV mounts, water filtration, and updated plumbing components. A well-improved multifamily opportunity with thoughtful interior and exterior updates already in place.

117 W 10th Street, Tempe

$2,450,000

6924208 MLS

Rare Investment Opportunity in Prime Tempe Location! Don't miss this incredible chance to own four beautifully remodeled patio homes on one lot in the heart of the Maple & Ash Historic District—just steps from ASU's main campus! This turnkey, multi-unit property includes: Three 2 bed / 1 bath units One 2 bed / 2 bath unit - Each home is thoughtfully updated and move-in ready, featuring: Modern kitchens with updated appliances In-unit washer/dryer Spacious covered patios Private, fenced yards Dedicated carports with additional storage Ample overflow parking in the back lot. Located just 1,200 feet from the iconic Frank Lloyd Wright-designed Gammage Theater, and only a 3-minute walk to ASU, this property sits in one of Tempe's most sought-after neighborhoods. Walk to Mill Avenue, Tempe Town Lake, and top local spots like Casey Moore's Oyster House, with quick access to Scottsdale, the airport, and multiple MLB spring training venues. Whether you're looking for a prime income-generating asset or a strategic location for future appreciation, this property checks all the boxes. **Check the documents tab for full details on renovations, upgrades, and individual unit features.

117 W 10th Street, Tempe

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