University Estates Real Estate

Welcome to University Estates, a vibrant and inviting subdivision nestled in the heart of Tempe, Arizona. This charming community is ideally situated in Maricopa County, just a stone's throw away from Arizona State University, making it a prime location for students, families, and professionals alike.

University Estates boasts a diverse array of beautifully designed homes, each showcasing the unique architectural styles that reflect the area's rich cultural heritage. With well-maintained streets, lush landscaping, and a friendly atmosphere, residents enjoy a welcoming community that feels like home. The subdivision is renowned for its spacious lots and modern amenities, providing an ideal setting for both relaxation and entertainment.

One of the standout features of University Estates is its proximity to a wealth of recreational opportunities. Residents can indulge in outdoor activities at nearby parks, take leisurely strolls along the scenic Tempe Town Lake, or enjoy the vibrant nightlife and dining options that downtown Tempe has to offer. The community is also conveniently located near major highways, ensuring easy access to the greater Phoenix area and beyond.

Families will appreciate the top-rated schools within the Tempe Union High School District, which are known for their commitment to academic excellence and community involvement. Additionally, the neighborhood fosters a strong sense of camaraderie, with regular community events and gatherings that encourage residents to connect and build lasting friendships.

Whether you’re looking to invest in a family home, a rental property, or a cozy retreat, University Estates offers a unique blend of comfort, convenience, and community spirit. Come discover what makes this subdivision a truly special place to call home!

Newest Listings in University Estates

$1,295,000

7068066 MLS ⋅ 2,964 SqFt.

Located on Tempe's Mill Avenue corridor near Downtown Tempe and ASU, 1701 S Mill Ave is a freestanding, single-story office building available for immediate occupancy. Delivered fully vacant, it suits an owner-user looking to move in or an investor seeking a clean, single-tenant asset

1701 S Mill Avenue, Tempe

$850,000

5 Beds ⋅ 3 Baths ⋅ 7067136 MLS

Premier ASU Investment Opportunity -- renovated main house + detached ADU in process! Rare 11,000+ sqft lot minutes from Arizona State University. Ideal as a high-demand student rental, owner-occupied investment, or long-term hold. Move-in-ready 4BD/2BA main house w/ fresh paint & new flooring. New detached 1BD/1BA guest house--private entrance, full kitchen, stacked laundry--currently in process. Upgraded primary bath also underway. Projected combined rents $4,850-$5,450/mo; plans, timeline & rent analysis available on request. No HOA, detached garage + 6 spaces. Renderings depict completed construction. Cash & renovation-friendly financing welcome.

111 E Bonita Way, Tempe

$700,000

4 Beds ⋅ 8 Baths ⋅ 7011374 MLS

*Motivated seller* Exceptional investment opportunity near Arizona State University with a strong rental history. Fully remodeled in 2024, this duplex features updated finishes throughout, a brand-new roof, and modern kitchens in both units with white shaker cabinets and granite countertops. Shared laundry room includes washer and dryer for tenant convenience. Both units are tenant occupied, providing immediate income. One unit is leased month-to-month, and unit 2 leased from 6/6/26-Dec 2026. Prime location near ASU supports consistent rental demand, making this an excellent option for investors, owner-occupants, or house hackers looking to expand their portfolio.

1610 S College Avenue, Tempe

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