Mercado Homes Real Estate

Welcome to Mercado Homes, a vibrant subdivision nestled in the heart of Tempe, Arizona, within the picturesque Maricopa County. This charming community offers a perfect blend of modern living and a welcoming neighborhood atmosphere, making it an ideal place for families, young professionals, and retirees alike.

Mercado Homes is designed with comfort and convenience in mind. Each home features contemporary architectural styles, spacious layouts, and energy-efficient amenities that cater to today’s lifestyle. Residents enjoy beautifully landscaped yards, community parks, and walking trails that encourage outdoor activities and foster a sense of community. The subdivision is thoughtfully planned to promote a friendly and connected environment, where neighbors become friends.

Location is key, and Mercado Homes is perfectly positioned to take advantage of everything Tempe has to offer. Just minutes away, you’ll find the vibrant downtown area, brimming with eclectic shops, delicious dining options, and cultural attractions. For those who love the outdoors, nearby Tempe Town Lake and the scenic Papago Park provide endless opportunities for hiking, biking, and enjoying nature.

Families will appreciate the highly-rated schools within the Tempe Union High School District, ensuring quality education for children of all ages. With easy access to major highways and public transportation, commuting to Phoenix and surrounding areas is a breeze.

Discover the charm and community spirit of Mercado Homes, where your dream home awaits in a thriving Tempe neighborhood. Come explore this delightful subdivision and experience the perfect blend of comfort, convenience, and community living!

Newest Listings in Mercado Homes

$749,999

6 Beds ⋅ 8 Baths ⋅ 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

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