Tempe Investment Analysis

Investment Property in Tempe, AZ

Home Investment Performance Rent Prices Top Properties Top Neighborhoods Insights

Tempe, AZ Real Estate Investment Performance

PROPERTY SALE PRICE

$474,274

Median

1,621

Avg/Sq.ft.

CASH ON CASH RETURN

3.00%

Traditional

1.00%

Airbnb

RENTAL INCOME

$ 2,194

Traditional

$ 2,002

Airbnb

RENTAL INCOME

$ 2,194

Traditional

$ 2,002

Airbnb

NUMBER OF PROPERTIES

978

Investment

10,006

Airbnb

317

Traditional

30%

Airbnb occupancy rate

Redfin Housing market insights powered by Redfin

325

Number of homes sold

54

Median days on market

97%

Average sale-to-list price ratio

46%

Percentage of listings with price drops

978

Active listings count

502

New listings count

5.5

Months of supply

Tempe, AZ Properties Rental Prices

RENTAL STRATEGY	1 ROOM	2 ROOMS	3 ROOMS	4 ROOMS
Airbnb	$ 1,013	$ 1,540	$ 2,018	$ 2,422
Traditional	$ 1,844	$ 2,103	$ 2,634	$ 3,116

Airbnb

1 ROOM	$ 1,013
2 ROOMS	$ 1,540
3 ROOMS	$ 2,018
4 ROOMS	$ 2,422

Traditional

1 ROOM	$ 1,844
2 ROOMS	$ 2,103
3 ROOMS	$ 2,634
4 ROOMS	$ 3,116

Predict Short-Term Rental Revenue

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Investment Properties for Sale in Tempe, AZ

$142,000

MLS 7088917

400 W Baseline Rd #124, Tempe, AZ 85283

Kyrene-Superstition

Manufactured Home

3 beds 2 baths 1,160 sq.ft.

CAP RATE Trad. 11.70% Airbnb 9.61%

Analyze Property

$164,400

MLS 7024317

400 W Baseline Rd #220, Tempe, AZ 85283

Kyrene-Superstition

Manufactured Home

3 beds 2 baths 1,248 sq.ft.

CAP RATE Trad. 9.67% Airbnb 8.08%

Analyze Property

$149,900

MLS 11438851

400 W Baseline Road #034 #034, Tempe, AZ 85283

Pepperwood

Manufactured Home

3 beds 2 baths 1,147 sq.ft.

CAP RATE Trad. 10.97% Airbnb 7.94%

Analyze Property

$185,000

MLS 7064114

400 W Baseline Rd #241, Tempe, AZ 85284

Kyrene-Superstition

Manufactured Home

3 beds 2 baths 1,325 sq.ft.

CAP RATE Trad. 8.75% Airbnb 6.99%

Analyze Property

$145,000

MLS 723930D9596B

2401 W Southern Ave #93, Tempe, AZ 85282

Peterson Park

Manufactured Home

2 beds 2 baths 1,056 sq.ft.

CAP RATE Trad. 11.78% Airbnb 6.08%

Analyze Property

$145,000

MLS 6027AF4A45CC

Antelope Plan, Tempe, AZ 85282

Peterson Park

Manufactured Home

2 beds 2 baths 1,056 sq.ft.

CAP RATE Trad. 9.44% Airbnb 6.08%

Analyze Property

$150,000

MLS 7095659

2727 E University Dr #5, Tempe, AZ 85288

Escalante

Manufactured Home

3 beds 2 baths 1,344 sq.ft.

CAP RATE Trad. 9.22% Airbnb 6.02%

Analyze Property

$385,000

MLS 7055605

1101 E MCKELLIPS Road, Tempe, AZ 85288

NTNA - Indian Bend

Single Family Residential

4 beds 2 baths 1,428 sq.ft.

CAP RATE Trad. 4.24% Airbnb 4.52%

Analyze Property

Single Family Houses for Sale in Tempe, AZ

$385,000

MLS 7055605

1101 E MCKELLIPS Road, Tempe, AZ 85288

NTNA - Indian Bend

Single Family Residential

4 beds 2 baths 1,428 sq.ft.

CAP RATE Trad. 4.24% Airbnb 4.52%

Analyze Property

$499,900

MLS 7046498

639 W Strahan Dr, Tempe, AZ 85283

Tempe Royal Estates

Single Family Residential

5 beds 2 baths 1,712 sq.ft.

CAP RATE Trad. 5.45% Airbnb 3.78%

Analyze Property

$290,000

MLS 22614142

1807 Concha Court, Tempe, AZ 85648

NTNA - West Rio

Single Family Residential

3 beds 2 baths 1,500 sq.ft.

CAP RATE Trad. 6.98% Airbnb 3.77%

Analyze Property

$425,000

MLS 7071046

1223 E Valerie Dr, Tempe, AZ 85288

NTNA - Indian Bend

Single Family Residential

4 beds 2 baths 1,495 sq.ft.

CAP RATE Trad. 3.53% Airbnb 3.72%

Analyze Property

$110,000

MLS 030303

26915 W El Dorado Drive, Tempe, AZ 86337

Knoell Gardens

Single Family Residential

1 beds 1 baths 864 sq.ft.

CAP RATE Trad. 11.00% Airbnb 3.78%

Analyze Property

$374,999

MLS 7098725

213 E STRAHAN Drive, Tempe, AZ 85283

Bell De Mar Crossing

Single Family Residential

3 beds 2 baths 1,380 sq.ft.

CAP RATE Trad. 3.75% Airbnb 3.43%

Analyze Property

$559,900

MLS 7048508

1116 E Redfield Rd, Tempe, AZ 85283

Bell De Mar Crossing

Single Family Residential

4 beds 2 baths 1,859 sq.ft.

CAP RATE Trad. 3.70% Airbnb 3.36%

Analyze Property

$399,000

MLS 7047041

2606 S Jentilly Ln, Tempe, AZ 85282

Hughes Acres

Single Family Residential

3 beds 2 baths 1,274 sq.ft.

CAP RATE Trad. 4.46% Airbnb 3.34%

Analyze Property

Multi Family Houses for sale in Tempe, AZ

$725,000

MLS 7071735

908 S Mariana St, Tempe, AZ 85281

University Heights

Multi Family

4 beds N/A baths 1,920 sq.ft.

CAP RATE Trad. -0.46% Airbnb 0.33%

Analyze Property

$700,000

MLS 7011374

1610 S College Ave, Tempe, AZ 85281

University Estates

Multi Family

4 beds N/A baths N/A sq.ft.

CAP RATE Trad. 0.26% Airbnb 0.30%

Analyze Property

$800,000

MLS 6987718

807 S George Dr, Tempe, AZ 85288

Escalante

Multi Family

N/A beds N/A baths N/A sq.ft.

CAP RATE Trad. -0.05% Airbnb 0.01%

Analyze Property

$630,000

MLS 7065156

625 W 12th St, Tempe, AZ 85281

Mitchell Park West

Multi Family

2 beds N/A baths N/A sq.ft.

CAP RATE Trad. 0.56% Airbnb 0.00

Analyze Property

$599,000

MLS 7068512

1433 S Jentilly Ln, Tempe, AZ 85281

Jen Tilly Terrace

Multi Family

3 beds N/A baths N/A sq.ft.

CAP RATE Trad. 1.38% Airbnb -0.24

Analyze Property

$650,000

MLS 7062358

509 W 2nd St, Tempe, AZ 85281

Riverside

Multi Family

3 beds N/A baths N/A sq.ft.

CAP RATE Trad. 1.05% Airbnb -0.27

Analyze Property

$1,395,000

MLS 7036697

1214 S Farmer Ave, Tempe, AZ 85281

Maple-Ash

Multi Family

14 beds N/A baths N/A sq.ft.

CAP RATE Trad. -0.12% Airbnb -0.35

Analyze Property

$749,999

MLS 7057410

421 S Terry Ln, Tempe, AZ 85281

Sunset

Multi Family

4 beds N/A baths N/A sq.ft.

CAP RATE Trad. 0.89% Airbnb -0.41

Analyze Property

Condos for Sale in Tempe, AZ

$225,000

MLS 7061954

4901 S Calle Los Cerros Dr #273, Tempe, AZ 85282

Knoell Gardens

Condo/Coop

2 beds 1 baths 812 sq.ft.

CAP RATE Trad. 2.51% Airbnb 3.25%

Analyze Property

$299,000

MLS 7079792

850 S River Dr #1111, Tempe, AZ 85281

Alegre Community

Condo/Coop

3 beds 2 baths 1,092 sq.ft.

CAP RATE Trad. 4.90% Airbnb 3.16%

Analyze Property

$240,000

MLS 7035241

1402 E Guadalupe Rd #216, Tempe, AZ 85283

Scudder Park West

Condo/Coop

2 beds 2 baths 1,112 sq.ft.

CAP RATE Trad. 5.58% Airbnb 2.75%

Analyze Property

$200,000

MLS 7095595

200 E Southern Ave #125, Tempe, AZ 85282

Tempe Gardens

Condo/Coop

2 beds 2 baths 941 sq.ft.

CAP RATE Trad. 4.14% Airbnb 2.36%

Analyze Property

$219,900

MLS 6946222

330 S Beck Ave #211, Tempe, AZ 85281

Sunset

Condo/Coop

2 beds 2 baths 838 sq.ft.

CAP RATE Trad. 4.56% Airbnb 1.94%

Analyze Property

$245,000

MLS 7083834

151 E Broadway Rd #103, Tempe, AZ 85282

University Estates

Condo/Coop

2 beds 2 baths 1,088 sq.ft.

CAP RATE Trad. 5.23% Airbnb 1.93%

Analyze Property

$175,000

MLS 7091288

700 W University Dr #243, Tempe, AZ 85281

Riverside

Condo/Coop

1 beds 1 baths 595 sq.ft.

CAP RATE Trad. 2.64% Airbnb 1.88%

Analyze Property

$229,000

MLS 7100255

330 S Beck Ave #116, Tempe, AZ 85281

Sunset

Condo/Coop

2 beds 2 baths 824 sq.ft.

CAP RATE Trad. 6.55% Airbnb 1.81%

Analyze Property

Townhouses for Sale in Tempe, AZ

$309,900

MLS 7062110

1407 E MALIBU Drive, Tempe, AZ 85282

McClintock Manor

Townhouse

3 beds 3 baths 1,704 sq.ft.

CAP RATE Trad. 7.07% Airbnb 4.51%

Analyze Property

$260,000

MLS 7100363

3323 S POPLAR Street, Tempe, AZ 85282

Rural-Geneva

Townhouse

3 beds 3 baths 1,704 sq.ft.

CAP RATE Trad. 5.98% Airbnb 4.33%

Analyze Property

$319,900

MLS 7070024

1505 E Southern Ave, Tempe, AZ 85282

McClintock Manor

Townhouse

3 beds 2 baths 1,510 sq.ft.

CAP RATE Trad. 4.17% Airbnb 4.06%

Analyze Property

$296,000

MLS 6926255

6512 S Mcallister Ave, Tempe, AZ 85283

Bell De Mar Crossing

Townhouse

3 beds 1 baths 1,220 sq.ft.

CAP RATE Trad. 3.58% Airbnb 4.04%

Analyze Property

$325,000

MLS 7097376

1609 E Malibu Dr, Tempe, AZ 85282

McClintock Manor

Townhouse

3 beds 2 baths 1,704 sq.ft.

CAP RATE Trad. 4.43% Airbnb 3.97%

Analyze Property

$325,000

MLS 7043577

1123 E Fremont Dr, Tempe, AZ 85282

Cyprus Southwest

Townhouse

3 beds 2 baths 1,452 sq.ft.

CAP RATE Trad. 5.98% Airbnb 3.95%

Analyze Property

$283,000

MLS 7072331

6558 S GRANADA Drive, Tempe, AZ 85283

Bell De Mar Crossing

Townhouse

3 beds 3 baths 1,452 sq.ft.

CAP RATE Trad. 4.56% Airbnb 3.96%

Analyze Property

$250,000

MLS 7098399

2313 W Vineyard Rd, Tempe, AZ 85282

Knoell Gardens

Townhouse

2 beds 1 baths 1,146 sq.ft.

CAP RATE Trad. 4.22% Airbnb 3.95%

Analyze Property

Top Tempe, AZ Neighborhoods - Real Estate Market Analysis

Dava-Lakeshore

41%

41% Mashmeter

PROPERTY PRICE

$469,900

Median for city

CAP RATE

5.02%

Traditional

2.59%

Airbnb

RENTAL INCOME

$ 2,337

Traditional

$ 2,095

Airbnb

41%

Airbnb occupancy rate

Analyze neighborhood

University Heights

40%

40% Mashmeter

PROPERTY PRICE

$469,900

Median for city

CAP RATE

4.67%

Traditional

2.92%

Airbnb

RENTAL INCOME

$ 2,114

Traditional

$ 2,060

Airbnb

46%

Airbnb occupancy rate

Analyze neighborhood

Daley Park

40%

40% Mashmeter

PROPERTY PRICE

$469,900

Median for city

CAP RATE

5.18%

Traditional

3.74%

Airbnb

RENTAL INCOME

$ 1,939

Traditional

$ 2,102

Airbnb

47%

Airbnb occupancy rate

Analyze neighborhood

Cyprus Southwest

39%

39% Mashmeter

PROPERTY PRICE

$469,900

Median for city

CAP RATE

6.21%

Traditional

2.37%

Airbnb

RENTAL INCOME

$ 2,963

Traditional

$ 1,891

Airbnb

41%

Airbnb occupancy rate

Analyze neighborhood

East Rio

39%

39% Mashmeter

PROPERTY PRICE

$469,900

Median for city

CAP RATE

3.64%

Traditional

3.09%

Airbnb

RENTAL INCOME

$ 2,170

Traditional

$ 2,328

Airbnb

41%

Airbnb occupancy rate

Analyze neighborhood

Wood Park

37%

37% Mashmeter

PROPERTY PRICE

$469,900

Median for city

CAP RATE

3.97%

Traditional

2.79%

Airbnb

RENTAL INCOME

$ 2,266

Traditional

$ 1,977

Airbnb

42%

Airbnb occupancy rate

Analyze neighborhood

Sunset

36%

36% Mashmeter

PROPERTY PRICE

$469,900

Median for city

CAP RATE

2.89%

Traditional

2.52%

Airbnb

RENTAL INCOME

$ 2,061

Traditional

$ 1,972

Airbnb

49%

Airbnb occupancy rate

Analyze neighborhood

Peterson Park

35%

35% Mashmeter

PROPERTY PRICE

$469,900

Median for city

CAP RATE

6.94%

Traditional

2.76%

Airbnb

RENTAL INCOME

$ 2,169

Traditional

$ 1,622

Airbnb

43%

Airbnb occupancy rate

Analyze neighborhood

NTNA - West Rio

35%

35% Mashmeter

PROPERTY PRICE

$469,900

Median for city

CAP RATE

0.88%

Traditional

-0.48%

Airbnb

RENTAL INCOME

$ 2,332

Traditional

$ 2,325

Airbnb

42%

Airbnb occupancy rate

Analyze neighborhood

Tempe Gardens

35%

35% Mashmeter

PROPERTY PRICE

$469,900

Median for city

CAP RATE

4.66%

Traditional

1.85%

Airbnb

RENTAL INCOME

$ 2,081

Traditional

$ 1,879

Airbnb

41%

Airbnb occupancy rate

Analyze neighborhood

Best Short Term Rental Markets

Find great vacation rentals for sale in the top performing markets

Short Term Rentals For Sale

Airbnb Vacation Rentals in Tempe, AZ

$162 per night Airbnb occupancy rate 57%

Townhouse 2 · 2 · 6

Quaint Townhome Cubs/ASU/Golf Tempe-Mesa-Phoenix Mesa, Arizona, United States

Rental Income: $2,808 per month

4.87

781

$75 per night Airbnb occupancy rate 64%

Guest suite 1 · 1 · 3

Private Clean Guest Suite Chandler, Arizona, United States

Rental Income: $1,456 per month

4.98

749

$55 per night Airbnb occupancy rate 68%

Guest suite 1 · 1 · 3

Charming and quiet apartment with private entrance Chandler, Arizona, United States

Rental Income: $1,132 per month

4.86

630

$126 per night Airbnb occupancy rate 44%

Entire cottage null · 1 · 2

Trendy space in DT Tempe walk to coffee & brewery Tempe, Arizona, United States

Rental Income: $1,701 per month

4.91

611

$98 per night Airbnb occupancy rate 66%

Guest suite 1 · 1 · 3

The Tranquil Desert Tempe, Arizona, United States

Rental Income: $1,960 per month

4.99

569

$159 per night Airbnb occupancy rate 38%

Entire cottage null · 1 · 2

Hip Lil space DT Tempe Walk to coffee! mini vibe Tempe, Arizona, United States

Rental Income: $1,842 per month

4.89

566

$173 per night Airbnb occupancy rate 38%

House 2 · 1 · 4

THAT HOUSE / 2BD- 1BA near Old Town Scottsdale Scottsdale, Arizona, United States

Rental Income: $2,018 per month

4.99

537

$111 per night Airbnb occupancy rate 17%

Entire place 0 · 1 · 2

KAPUA SUITE Modern place near Old Town Scottsdale Scottsdale, Arizona, United States

Rental Income: $574 per month

4.97

534

Real Estate Investment Analysis - Other Cities in arizona

City Name	Property price	Cash on cash return		Rental Income		No. of Properties	Airbnb Occupancy Rate
City Name	Median	traditional	Airbnb	traditional	Airbnb	No. of Properties	Airbnb Occupancy Rate
Surprise	$439,900	3%	2%	$2,202	$2,315	3,597	36%
Mesa	$359,000	4%	2%	$2,008	$1,753	3,106	31%
San Tan Valley	$434,520	4%	1%	$2,300	$1,617	1,614	23%
Gilbert	$619,900	3%	2%	$2,441	$2,819	1,162	36%
Glendale	$430,000	3%	2%	$2,147	$1,990	1,085	28%
Lake Havasu City	$495,000	3%	1%	$2,033	$1,469	819	19%

View all arizona cities

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