Mercado Homes Homes with Assigned Parking Features

Welcome to Mercado Homes, where modern living meets the vibrant spirit of Tempe, Arizona! Nestled in the heart of Maricopa County, this charming subdivision offers a unique blend of comfort, convenience, and community. Mercado Homes is designed for those who appreciate quality craftsmanship and thoughtful design, making it the perfect place to call home.

Each residence in Mercado Homes boasts a contemporary aesthetic, featuring spacious layouts that cater to both relaxation and entertainment. With an emphasis on functionality, these homes come equipped with assigned parking, ensuring you’ll never have to worry about finding a spot after a long day. This thoughtful amenity adds an extra layer of convenience to your daily routine, allowing you to enjoy the ease of homeownership without the stress of parking hassles.

The location of Mercado Homes is simply unbeatable. Situated in Tempe, residents have immediate access to a plethora of dining, shopping, and recreational options. Whether you’re exploring the vibrant local arts scene, enjoying a day at one of the nearby parks, or indulging in the culinary delights of downtown, there’s always something to keep you entertained.

In Mercado Homes, you’ll find a community that values connection and quality living. With beautifully designed homes and a prime location, this subdivision is more than just a place to live; it’s a lifestyle. Come discover the charm of Mercado Homes and see why this is the ideal choice for your next chapter in Tempe!

Newest Mercado Homes Homes with Assigned Parking Features

$749,999

4 Beds ⋅ 4 Baths ⋅ 7057410 MLS

Attention aspiring SHORT TERM RENTAL investors!! 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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