Riverside Homes For Sale In Tempe
The Riverside real estate market is rich with upscale condos and town homes as well as single-family homes for sale, in this desirable neighborhood just west of ASU in Tempe. There are single-family homes available as well as numerous condominium and town home complexes offering a whole suite of amenities to residents, from pools to jacuzzis to fitness centers.
Riverside real estate listings range from contemporary one-bedroom condos to luxury four-bedroom town homes with over 2,500 square feet. There are also a number of single-family homes for sale as well as multi-family units — making this one of Tempe’s more varied markets, whether you’re looking for a home for yourself, a home for a student, or a rental income investment.
Riverside Real Estate Market Overview
Riverside is an urban Tempe neighborhood just west of ASU, with a genuinely mixed market: condos, town homes, single-family homes and multi-family units all trade here, serving owner-occupiers, parents buying for students, and investors.
Because the property types vary so widely — from one-bedroom condos to four-bedroom town homes over 2,500 square feet — contact The Holm Group for verified current pricing in the segment you’re targeting.
Homes in Riverside
Riverside offers a genuinely varied urban market.
- Upscale condos and town homes
- Single-family homes
- Multi-family units
- Contemporary one-bedroom condos at the entry point
- Luxury four-bedroom town homes with over 2,500 square feet
- Numerous condominium and town home complexes
- Complexes offering pools, jacuzzis and fitness centers
- A location just west of ASU
For buyers, Riverside offers something most of the Valley doesn’t: a walkable urban neighborhood with light rail, ASU energy and a real choice of property types.
Things to Do Near Riverside
Walkability
Riverside is a great neighborhood if you like to walk:
- Nearby attractions, restaurants and shops
- Light rail within reach
- Mill Avenue’s restaurants and shops
- New Year’s Eve on Mill Avenue — walk there and back
ASU & Entertainment
With ASU a short distance away:
- Sun Devils sports events
- Concerts and performances
- Many exciting things to see and do all year long
- A genuinely lively urban setting
Parks & Recreation
Green space and more:
- Rio Salado Park along the water
- Somewhere to take the kids to play or walk the dog
- The Phoenix Zoo within a few miles
- A variety of golf courses and museums nearby
Shopping & Connectivity
Getting around is straightforward:
- Arizona Mills Shopping Center nearby
- Close to the Hohokam Expressway and the Red Mountain Freeway
- Sky Harbor International Airport minutes away
- Easy to get in and out of the area for work or travel
Nearby Schools
There are a number of public and private schools within a few miles of Riverside, and the neighborhood falls within the Tempe school districts. Because attendance boundaries vary by address and can change over time, buyers with school-age children should always verify the specific current school assignments directly with the district before purchasing a home.
Why Buyers Choose Riverside
Buyers choose Riverside because it offers:
- A walkable urban neighborhood just west of ASU
- Light rail, restaurants and shops within walking distance
- A genuine choice of condos, town homes and single-family homes
- Complexes with pools, jacuzzis and fitness centers
- Mill Avenue’s restaurants and shops nearby
- Rio Salado Park along the water
- Easy access to Sky Harbor and the freeways
- A market that works for owner-occupiers and investors alike
Frequently Asked Questions About Riverside
1. Is Riverside just student housing?
No — that’s the biggest misconception. Being just west of ASU means students are part of the picture, but the Riverside real estate market is rich with upscale condos and town homes as well as single-family homes and multi-family units. Buyers here include owner-occupiers, parents buying for a student, and investors. All three are legitimate, and they’re looking at different properties.
2. What kinds of homes are actually here?
More variety than people expect. Listings range from contemporary one-bedroom condos to luxury four-bedroom town homes with over 2,500 square feet, alongside single-family homes and multi-family units. Numerous condominium and town home complexes offer a full suite of amenities — pools, jacuzzis, fitness centers. It’s a genuinely mixed market, not one product.
3. Does ‘Riverside’ mean waterfront?
Not in the way the name suggests. The neighborhood sits near the Rio Salado corridor and Rio Salado Park runs along the water, but this is an urban Tempe neighborhood west of ASU rather than a waterfront community. Buyers picturing lakefront living should look at Tempe Town Lake instead — a different market entirely.
4. Is being next to ASU a problem or a benefit?
It depends entirely on what you want. With ASU a short distance away, there’s a great deal happening all year — Sun Devils sports, concerts and more — and Mill Avenue’s restaurants and shops are walkable. If you want lively and urban, that’s the appeal. If you want quiet, this isn’t the neighborhood, and no amount of touring will change that.
5. What makes Riverside genuinely walkable?
Riverside is a great neighborhood if you like to walk to nearby attractions, restaurants, shops and light rail. That’s rare in the Valley, where most communities require a car for everything. The light rail in particular changes what’s possible — and if you’ve always wanted to experience New Year’s Eve on Mill Avenue, you can walk to and from the festivities.
6. Is this a good investment, or is that just marketing?
It’s a legitimate consideration here, more than in most Valley neighborhoods. Proximity to ASU creates genuine rental demand, and the mix of condos, town homes and multi-family units suits investors as well as owner-occupiers. That said, an investment purchase and a home purchase are different decisions — be clear which you’re making before you start.
7. What’s better here than people expect?
The connectivity. Riverside is close to the Hohokam Expressway, the Red Mountain Freeway and Sky Harbor International Airport, making travel straightforward — and the Phoenix Zoo, golf courses and museums are all within a few miles. For an urban neighborhood, the reach is unusual.
8. What should buyers verify here?
Three things. Which specific complex or street a property is on — Riverside covers several very different products. What the HOA covers and costs, if it’s a condo or town home. And, if you’re buying to rent, what the current rules and demand actually look like. Contact The Holm Group for verified specifics rather than relying on a general description.
9. What does Riverside get unfairly compared to?
Suburban Tempe. South Tempe’s estate communities offer land, quiet and larger homes — an entirely different product several miles away. Riverside offers walkability, light rail, ASU energy and an urban condo-and-town-home market. Comparing them on price per square foot tells you nothing useful about either.
10. Should I work with The Holm Group to buy or sell in Riverside?
Andrew and The Holm Group have more than 26 years of experience and hundreds of closed transactions across the Valley, including urban Tempe neighborhoods like Riverside. The team represents both buyers and sellers, and understands how property type, complex and proximity to ASU drive value in a genuinely mixed market.
Learn More About Riverside
Explore current listings and market updates across Tempe.
Internal Link: https://www.theholmgroupaz.com/tempe-real-estate-listings
For information about city services, Rio Salado Park, light rail, and things to do in the area, visit the official City of Tempe website.
External Link: https://www.tempe.gov
Work With Andrew & The Holm Group
Whether you are buying or selling a home in Tempe, The Holm Group is here to assist you. Andrew and The Holm Group have more than 26 years of experience representing both buyers and sellers throughout Riverside and surrounding communities. Whether it’s a condominium, town home, single-family home, or investment property, you can rely on The Holm Group to ensure a smooth and successful transaction.
Let The Holm Group Help You Sell or Find Your Next Riverside Home.
Call Andrew @ The Holm Group Today at 480-206-4265.
Tempe Homes For Sale
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Tempe Homes For Sale
Last Updated: October 2026
