Real Estate Investment Properties for Sale in Tempe, AZ

Looking for investment property in Tempe, AZ with high ROI ?

Explore a variety of short-term homes & houses in Tempe, AZ. Invest wisely with VRBO & Tempe, AZ Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Single Family Homes for Sale in Tempe, AZ

Search for Single Family Residential for Sale in Tempe, Arizona. Browse all of Mashvisor’s Single Family Residential listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 223 Single Family Residential listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
4819 S TERRY Lane Tempe, AZ Welcome to 4819 S Terry Ln in Tempeâa freshly remodeled 3-bedroom, 2-bath home that's mo...	3 beds \| 2 baths \| 1,353 sq.ft.	$449,999	Airbnb cash on cash: 2.95% Traditional cash on cash: 4.41% Airbnb Rental Income: $2570 Traditional Rental Income: $2569 Airbnb ROI: 2.95% Traditional ROI: 4.41%
1323 E WHALERS Way Tempe, AZ A must see in the sought after community of THE LAKES! Right in the heart of Tempe, walkin...	4 beds \| 4 baths \| 4,024 sq.ft.	$1,499,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 2.85% Airbnb Rental Income: $2844 Traditional Rental Income: $6236 Airbnb ROI: -0.07% Traditional ROI: 2.85%
1943 E DRAKE Drive Tempe, AZ This single-level residence is situated in the prestigious lake community of ''Oasis at An...	4 beds \| 2 baths \| 2,407 sq.ft.	$699,000	Airbnb cash on cash: 1.65% Traditional cash on cash: 3.45% Airbnb Rental Income: $2879 Traditional Rental Income: $3384 Airbnb ROI: 1.65% Traditional ROI: 3.45%
2032 E PEGASUS Drive Tempe, AZ VACANT & MOTIVATED SELLER. Fully renovated, home, landscape, and pool. Welcome to your...	4 beds \| 2 baths \| 2,132 sq.ft.	$735,000	Airbnb cash on cash: 1.73% Traditional cash on cash: 3.01% Airbnb Rental Income: $2892 Traditional Rental Income: $3102 Airbnb ROI: 1.73% Traditional ROI: 3.01%
1006 S UNA Avenue Tempe, AZ Step into timeless charm in the heart of Tempe! Nestled in the Borden Homes Historic Distr...	3 beds \| 2 baths \| 1,290 sq.ft.	$499,999	Airbnb cash on cash: 2.32% Traditional cash on cash: 4.25% Airbnb Rental Income: $2301 Traditional Rental Income: $2631 Airbnb ROI: 2.32% Traditional ROI: 4.25%
2512 S EVERGREEN Road Tempe, AZ Beautifully upgraded move-in ready 3 bed, 2 bath brick ranch in secluded Broadway Palmsâ...	3 beds \| 2 baths \| 1,308 sq.ft.	$479,000	Airbnb cash on cash: 3.14% Traditional cash on cash: 4.05% Airbnb Rental Income: $2739 Traditional Rental Income: $2505 Airbnb ROI: 3.14% Traditional ROI: 4.05%
1631 E BELL DE MAR Drive Tempe, AZ Act fast this stylish 3 bed, 2 bath single-story home in an ideal Tempe location is close ...	3 beds \| 2 baths \| 1,274 sq.ft.	$430,000	Airbnb cash on cash: 3.49% Traditional cash on cash: 4.45% Airbnb Rental Income: $2696 Traditional Rental Income: $2441 Airbnb ROI: 3.49% Traditional ROI: 4.45%
1109 S ASH Avenue Tempe, AZ Just Reduced $9,000! Voted ''Best Home On Tour'' on the Tempe Home Tour (June 2025) â an...	3 beds \| 2 baths \| 1,890 sq.ft.	$789,000	Airbnb cash on cash: 0.7% Traditional cash on cash: 2.62% Airbnb Rental Income: $2298 Traditional Rental Income: $3136 Airbnb ROI: 0.7% Traditional ROI: 2.62%
5618 S SAILORS REEF Road Tempe, AZ Welcome to your oasis at the prestigious community of The Lakes of Tempe! Discover this be...	4 beds \| 2 baths \| 2,364 sq.ft.	$629,000	Airbnb cash on cash: 2.22% Traditional cash on cash: 3.39% Airbnb Rental Income: $3049 Traditional Rental Income: $3039 Airbnb ROI: 2.22% Traditional ROI: 3.39%
2226 S KACHINA Drive Tempe, AZ This beautifully remodeled 3-bedroom, 2-bathroom home offers the perfect blend of comfort,...	3 beds \| 2 baths \| 1,934 sq.ft.	$599,500	Airbnb cash on cash: 2.03% Traditional cash on cash: 3.87% Airbnb Rental Income: $2648 Traditional Rental Income: $3050 Airbnb ROI: 2.03% Traditional ROI: 3.87%
2161 E GEMINI Drive Tempe, AZ Don't miss this gorgeous home in the heart of Tempe near the 101 and 60 freeway! This one...	3 beds \| 2 baths \| 1,836 sq.ft.	$549,900	Airbnb cash on cash: 2.42% Traditional cash on cash: 4.17% Airbnb Rental Income: $2713 Traditional Rental Income: $2972 Airbnb ROI: 2.42% Traditional ROI: 4.17%
1329 E WHALERS Way Tempe, AZ Waterfront Front home in one of the most sought-after communities in Tempe. Home features ...	4 beds \| 3 baths \| 3,241 sq.ft.	$960,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 3.22% Airbnb Rental Income: $2844 Traditional Rental Income: $4516 Airbnb ROI: 0.61% Traditional ROI: 3.22%
1127 S UNA Avenue Tempe, AZ Modernized Mid-Century Gem Near ASU \| RV Gate \| Pool-Ready Yard \| Oversized Lot Step in...	4 beds \| 2 baths \| 1,568 sq.ft.	$529,000	Airbnb cash on cash: 2.68% Traditional cash on cash: 4.34% Airbnb Rental Income: $2751 Traditional Rental Income: $2923 Airbnb ROI: 2.68% Traditional ROI: 4.34%
1715 S HARDY Drive Tempe, AZ Whether you are looking for an STR opportunity or a new home, this property is move-in rea...	4 beds \| 2 baths \| 1,858 sq.ft.	$575,000	Airbnb cash on cash: 2.8% Traditional cash on cash: 3.51% Airbnb Rental Income: $3073 Traditional Rental Income: $2751 Airbnb ROI: 2.8% Traditional ROI: 3.51%
1413 W 7TH Place Tempe, AZ NEW EXTERIOR PAINT! And brand new pebble pool surface completed in June 2025! Nice and spa...	4 beds \| 2 baths \| 1,723 sq.ft.	$495,000	Airbnb cash on cash: 3.08% Traditional cash on cash: 5.08% Airbnb Rental Income: $2821 Traditional Rental Income: $3089 Airbnb ROI: 3.08% Traditional ROI: 5.08%
2201 S EVERGREEN Road Tempe, AZ Welcome home to this charming property located in Tempe just minuets from ASU on a oversiz...	4 beds \| 2 baths \| 1,829 sq.ft.	$598,900	Airbnb cash on cash: 2.4% Traditional cash on cash: 3.85% Airbnb Rental Income: $2903 Traditional Rental Income: $3043 Airbnb ROI: 2.4% Traditional ROI: 3.85%
1939 E ALAMEDA Drive Tempe, AZ Move-in ready remodel with a great floor plan that has all of the modern touches!! Updated...	3 beds \| 2 baths \| 1,260 sq.ft.	$470,000	Airbnb cash on cash: 3.08% Traditional cash on cash: 4.16% Airbnb Rental Income: $2674 Traditional Rental Income: $2515 Airbnb ROI: 3.08% Traditional ROI: 4.16%
192 W LOS ARBOLES Drive Tempe, AZ WELCOME HOME! Tucked away in a quiet cul-de-sac, this thoughtfully updated home blends sty...	4 beds \| 3 baths \| 2,599 sq.ft.	$650,000	Airbnb cash on cash: 1.6% Traditional cash on cash: 3.01% Airbnb Rental Income: $2686 Traditional Rental Income: $2905 Airbnb ROI: 1.6% Traditional ROI: 3.01%
1862 E TULANE Drive Tempe, AZ Beautifully updated 4-bedroom home with private pool in sought-after Tempe Royal Palms. Fr...	4 beds \| 2 baths \| 2,208 sq.ft.	$623,000	Airbnb cash on cash: 2.13% Traditional cash on cash: 3.99% Airbnb Rental Income: $2844 Traditional Rental Income: $3260 Airbnb ROI: 2.13% Traditional ROI: 3.99%
4410 S GRANDVIEW Avenue Tempe, AZ Beautifully maintained 3-bedroom home in the sought-after Tempe Gardens! Featuring a charm...	3 beds \| 2 baths \| 1,394 sq.ft.	$525,000	Airbnb cash on cash: 2.44% Traditional cash on cash: 3.98% Airbnb Rental Income: $2525 Traditional Rental Income: $2668 Airbnb ROI: 2.44% Traditional ROI: 3.98%
324 E RIVIERA Drive Tempe, AZ Welcome to 324 E Riviera Dr - a spacious 4-bedroom, 2-bath pool home in the heart of Tempe...	4 beds \| 2 baths \| 2,019 sq.ft.	$459,000	Airbnb cash on cash: 3.36% Traditional cash on cash: 5.83% Airbnb Rental Income: $2889 Traditional Rental Income: $3278 Airbnb ROI: 3.36% Traditional ROI: 5.83%
1502 E MINTON Drive Tempe, AZ Beautifully updated 4 bed, 2 bath single-level home in desirable Tempe Gardens! Featuring ...	4 beds \| 2 baths \| 2,083 sq.ft.	$599,000	Airbnb cash on cash: 2.45% Traditional cash on cash: 4.28% Airbnb Rental Income: $2903 Traditional Rental Income: $3251 Airbnb ROI: 2.45% Traditional ROI: 4.28%
1065 E FAIRMONT Drive Tempe, AZ Embrace the allure of this gorgeous 4 bedroom 2 bath home with four large sliding doors an...	4 beds \| 2 baths \| 2,073 sq.ft.	$629,999	Airbnb cash on cash: 2.13% Traditional cash on cash: 3.01% Airbnb Rental Income: $2792 Traditional Rental Income: $2656 Airbnb ROI: 2.13% Traditional ROI: 3.01%
5617 S PIRATES COVE Road Tempe, AZ Discover this stunning 3BR, 2.5BA waterfront property in Tempe's West Lakes. This cul-de-s...	3 beds \| 3 baths \| 2,469 sq.ft.	$699,900	Airbnb cash on cash: 1.21% Traditional cash on cash: 4.42% Airbnb Rental Income: $2661 Traditional Rental Income: $4123 Airbnb ROI: 1.21% Traditional ROI: 4.42%
1424 S BONARDEN Lane Tempe, AZ Just reduced & priced to sell. This charming 2-bedroom, 1-bathroom home is an absolute gem...	2 beds \| 1 baths \| 640 sq.ft.	$349,900	Airbnb cash on cash: 2.53% Traditional cash on cash: 2.93% Airbnb Rental Income: $1830 Traditional Rental Income: $1467 Airbnb ROI: 2.53% Traditional ROI: 2.93%
3325 S SHAFER Drive Tempe, AZ Updated, inviting, and perfectly located just minutes from ASU and downtown Tempe! This ch...	3 beds \| 2 baths \| 1,275 sq.ft.	$475,000	Airbnb cash on cash: 2.8% Traditional cash on cash: 3.88% Airbnb Rental Income: $2532 Traditional Rental Income: $2405 Airbnb ROI: 2.8% Traditional ROI: 3.88%
931 W HERMOSA Drive Tempe, AZ This beautiful home offers the perfect blend of comfort and convenience, located just minu...	3 beds \| 2 baths \| 1,188 sq.ft.	$419,999	Airbnb cash on cash: 3.13% Traditional cash on cash: 4.27% Airbnb Rental Income: $2454 Traditional Rental Income: $2304 Airbnb ROI: 3.13% Traditional ROI: 4.27%
1869 E GENEVA Drive Tempe, AZ Fully remodeled home in Tempe! This north/south-facing, single-story, block-constructed 3-...	3 beds \| 2 baths \| 1,260 sq.ft.	$479,999	Airbnb cash on cash: 2.98% Traditional cash on cash: 3.3% Airbnb Rental Income: $2674 Traditional Rental Income: $2180 Airbnb ROI: 2.98% Traditional ROI: 3.3%
510 E FREMONT Drive Tempe, AZ Priced to Sell, Tempe remodel available now with new beautiful Luxury Plank flooring, comp...	3 beds \| 2 baths \| 1,578 sq.ft.	$529,900	Airbnb cash on cash: 2.4% Traditional cash on cash: 3.82% Airbnb Rental Income: $2570 Traditional Rental Income: $2656 Airbnb ROI: 2.4% Traditional ROI: 3.82%
3522 S KACHINA Drive Tempe, AZ Welcome to your oasis in the desert! This stunning 4 bedroom, 2 bath home is located in t...	4 beds \| 2 baths \| 2,429 sq.ft.	$775,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 3.4% Airbnb Rental Income: $2939 Traditional Rental Income: $3598 Airbnb ROI: 1.55% Traditional ROI: 3.4%
44 W PALMDALE Drive Tempe, AZ This beautifully updated mid-century modern home captures the creative soul of Tempe and s...	3 beds \| 2 baths \| 1,800 sq.ft.	$599,999	Airbnb cash on cash: 1.75% Traditional cash on cash: 4.1% Airbnb Rental Income: $2429 Traditional Rental Income: $3149 Airbnb ROI: 1.75% Traditional ROI: 4.1%
1151 E SUNBURST Lane Tempe, AZ Welcome home to this beautiful single-story residence with POOL on a desirable CORNER LOT!...	4 beds \| 3 baths \| 2,621 sq.ft.	$950,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 2.96% Airbnb Rental Income: $3049 Traditional Rental Income: $3905 Airbnb ROI: 1.2% Traditional ROI: 2.96%
535 W 15TH Street Tempe, AZ This beautifully upgraded home features expanded square footage and a 2-year-old roof. Nes...	4 beds \| 2 baths \| 1,981 sq.ft.	$569,000	Airbnb cash on cash: 2.95% Traditional cash on cash: 4.59% Airbnb Rental Income: $3121 Traditional Rental Income: $3283 Airbnb ROI: 2.95% Traditional ROI: 4.59%
1060 W DAVA Drive Tempe, AZ Nestled in a quiet Tempe neighborhood with only two neighbors, this well-maintained 3-bedr...	3 beds \| 2 baths \| 1,614 sq.ft.	$510,000	Airbnb cash on cash: 2.28% Traditional cash on cash: 3.9% Airbnb Rental Income: $2525 Traditional Rental Income: $2689 Airbnb ROI: 2.28% Traditional ROI: 3.9%
2007 S EL CAMINO Drive Tempe, AZ BACK ON MARKET and FANTASTIC OPPORTUNITY to own this RECENTLY UPDATED and UPGRADED HOME in...	4 beds \| 3 baths \| 2,423 sq.ft.	$690,000	Airbnb cash on cash: 1.79% Traditional cash on cash: 5.11% Airbnb Rental Income: $2769 Traditional Rental Income: $4257 Airbnb ROI: 1.79% Traditional ROI: 5.11%
414 W SANTA CRUZ Drive Tempe, AZ Welcome to this beautifully renovated 3 bedroom, 2 bathroom single-family home in the hear...	3 beds \| 2 baths \| 1,288 sq.ft.	$445,000	Airbnb cash on cash: 2.9% Traditional cash on cash: 4.39% Airbnb Rental Income: $2454 Traditional Rental Income: $2478 Airbnb ROI: 2.9% Traditional ROI: 4.39%
1831 E CORNELL Drive Tempe, AZ Step into a beautifully reimagined home that balances elegance with comfort in the heart o...	4 beds \| 2 baths \| 2,004 sq.ft.	$769,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 3.05% Airbnb Rental Income: $2844 Traditional Rental Income: $3265 Airbnb ROI: 1.54% Traditional ROI: 3.05%
501 W 17TH Place Tempe, AZ This is a former rental property that has been completely refreshed. Outstanding location...	3 beds \| 2 baths \| 1,198 sq.ft.	$465,000	Airbnb cash on cash: 2.53% Traditional cash on cash: 4.19% Airbnb Rental Income: $2408 Traditional Rental Income: $2543 Airbnb ROI: 2.53% Traditional ROI: 4.19%
1142 E WESTCHESTER Drive Tempe, AZ Discover the perfect blend of style and functionality in Tempe, AZ! This fully remodeled 5...	5 beds \| 3 baths \| 2,078 sq.ft.	$675,000	Airbnb cash on cash: 1.79% Traditional cash on cash: 3.13% Airbnb Rental Income: $2785 Traditional Rental Income: $2973 Airbnb ROI: 1.79% Traditional ROI: 3.13%
2122 E Palmcroft Drive Tempe, AZ Just minutes from ASU and with quick access to the 101 and 60, this 4-bedroom, 2-bath home...	4 beds \| 2 baths \| 1,826 sq.ft.	$535,000	Airbnb cash on cash: 2.87% Traditional cash on cash: 4.6% Airbnb Rental Income: $2903 Traditional Rental Income: $3095 Airbnb ROI: 2.87% Traditional ROI: 4.6%

Your search for investment property begins and ends here

Single Family Homes for Sale in Tempe, AZ

4819 S TERRY Lane

Tempe, AZ

3 beds | 2 baths | 1,353 sq.ft.

$449,999

Airbnb cash on cash: 2.95%

Traditional cash on cash: 4.41%

Airbnb Rental Income: $2570

Traditional Rental Income: $2569

Airbnb ROI: 2.95%

Traditional ROI: 4.41%

1323 E WHALERS Way

Tempe, AZ

4 beds | 4 baths | 4,024 sq.ft.

$1,499,000

Airbnb cash on cash: -0.07%

Traditional cash on cash: 2.85%

Airbnb Rental Income: $2844

Traditional Rental Income: $6236

Airbnb ROI: -0.07%

Traditional ROI: 2.85%

1943 E DRAKE Drive

Tempe, AZ

4 beds | 2 baths | 2,407 sq.ft.

$699,000

Airbnb cash on cash: 1.65%

Traditional cash on cash: 3.45%

Airbnb Rental Income: $2879

Traditional Rental Income: $3384

Airbnb ROI: 1.65%

Traditional ROI: 3.45%

2032 E PEGASUS Drive

Tempe, AZ

4 beds | 2 baths | 2,132 sq.ft.

$735,000

Airbnb cash on cash: 1.73%

Traditional cash on cash: 3.01%

Airbnb Rental Income: $2892

Traditional Rental Income: $3102

Airbnb ROI: 1.73%

Traditional ROI: 3.01%

1006 S UNA Avenue

Tempe, AZ

3 beds | 2 baths | 1,290 sq.ft.

$499,999

Airbnb cash on cash: 2.32%

Traditional cash on cash: 4.25%

Airbnb Rental Income: $2301

Traditional Rental Income: $2631

Airbnb ROI: 2.32%

Traditional ROI: 4.25%

2512 S EVERGREEN Road

Tempe, AZ

3 beds | 2 baths | 1,308 sq.ft.

$479,000

Airbnb cash on cash: 3.14%

Traditional cash on cash: 4.05%

Airbnb Rental Income: $2739

Traditional Rental Income: $2505

Airbnb ROI: 3.14%

Traditional ROI: 4.05%

1631 E BELL DE MAR Drive

Tempe, AZ

3 beds | 2 baths | 1,274 sq.ft.

$430,000

Airbnb cash on cash: 3.49%

Traditional cash on cash: 4.45%

Airbnb Rental Income: $2696

Traditional Rental Income: $2441

Airbnb ROI: 3.49%

Traditional ROI: 4.45%

1109 S ASH Avenue

Tempe, AZ

3 beds | 2 baths | 1,890 sq.ft.

$789,000

Airbnb cash on cash: 0.7%

Traditional cash on cash: 2.62%

Airbnb Rental Income: $2298

Traditional Rental Income: $3136

Airbnb ROI: 0.7%