Tempe Real Estate
The city of Tempe is an exciting mixture of Southwestern hospitality, prosperity and success. In the center of the Valley of the Sun, Tempe covers approximately 40 square miles and is home to more than 166,000 residents. While enjoying dynamic growth, the city has maintained its unique personality and style through a careful and masterful blending of the new with the old. Respecting its heritage and energetically planning for the future, Tempe is a wonderful mix of history and modern urban amenities.
Tempe has a distinct identity as an emerging destination city, replete with all the offerings of a city rich in economics, technology, culture, tourism and educational resources. Tempe offers a blend of quality new developments, revitalization and redevelopment, prestigious institutions such as Arizona State University, and celebrated traditions. Tempe brings it all together – bright Arizona sun, rewarding places to work, diverse cultures, a myriad of recreational opportunities, the best in entertainment and an unparalleled Southwestern lifestyle. Tempe is the place to live, learn, work and play!
Tempe is among the Valley’s oldest communities and maintains many traditional neighborhoods. The comfortable blend of historic buildings and modern ideas is drawing new residents and stunning new housing developments.
More than 47 percent of Tempe’s 68,000 housing units are single-family homes. Multi-family housing predominates the northern part of the city, near the central business district and Arizona State University campus.
For example, the West 6th Tempe apartments bring an urban lifestyle to the Tempe rental market. Phase I of West 6th, a 22-story residential tower, incorporates mixed-use retail and restaurant space on the ground floor. Phase II, a 30-story residential tower, gives the community a total 375 apartment homes. Additionally, 421 West 6th St. is a 24-unit townhouse development in the heart of downtown Tempe with homes ranging in size from 1,552 to 2,270 square feet. New projects currently under development are expected to attract thousands of new residents into the downtown area in the near future. Such as The Watermark.
In Tempe’s southern portions, emphasis is on subdivisions of homes built around several picturesque lakes.