Mercado Homes Real Estate

Mercado Homes Real Estate

Welcome to Mercado Homes, a vibrant and inviting subdivision nestled in the heart of Tempe, Arizona, within the picturesque Maricopa County. This charming community is designed for those seeking a blend of modern living and a warm, welcoming atmosphere. With its stunning desert landscapes and a rich tapestry of local culture, Mercado Homes offers an exceptional lifestyle for families, professionals, and retirees alike.

Mercado Homes features a variety of thoughtfully designed residences, from cozy single-family homes to spacious townhouses, each showcasing contemporary architecture and high-quality finishes. The community is known for its commitment to sustainability, with many homes incorporating energy-efficient features that not only reduce your carbon footprint but also help you save on utility bills.

Residents of Mercado Homes enjoy easy access to a plethora of amenities and recreational opportunities. The subdivision is conveniently located near top-rated schools, shopping centers, and dining options, making it a breeze to enjoy everything Tempe has to offer. Outdoor enthusiasts will appreciate the nearby parks and hiking trails, providing ample opportunities for exploration and relaxation amidst Arizona’s stunning natural beauty.

With its friendly atmosphere and strong sense of community, Mercado Homes is more than just a place to live; it’s a place to thrive. Whether you're sipping coffee at a local café or enjoying a sunset stroll through the neighborhood, you'll find that life in Mercado Homes is truly special. Come discover your dream home in this enchanting subdivision and experience the unique charm of Tempe living.

Newest Listings in Mercado Homes

$769,999
7057410 MLS ⋅ ACTIVE Status
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

Listing courtesy of Realty ONE Group.

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The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Griggs Group Powered by the Altman Brothers are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2026 MLS of Southern Arizona. All Rights Reserved.