Alameda Multifamily Homes & Duplexes for Sale

Alameda, an urban neighborhood in Tempe, Arizona, is situated 15 miles east of Phoenix and 3 miles west of Arizona State University. The area has a downtown feel, attracting a mix of college students, families, and professionals due to its proximity to Mill Avenue's nightlife, ASU event venues, and Tempe Town Lake, which hosts concerts and annual festivals like the Fantasy of Lights Boat Parade. Homes in Alameda range from mid-to-late-century ranch-style houses with Spanish Revival touches to townhomes from the 2010s, with prices typically between $400,000 and $800,000. The neighborhood is popular among investors for rental properties, especially for ASU students. Local schools include Broadmor Elementary, Conolly Middle, and the highly rated McClintock High, which offers various extracurricular activities. Residents enjoy several parks, including the 25-acre Tempe Beach Park and smaller community parks like Meyer Park and Ehrhardt Park. For groceries and dining, Fry’s on Mill Avenue and eateries like Illegal Pete’s are popular. Entertainment options include live music at The Handlebar and billiards at Mill Cue Club. The ASU Gammage performing arts center and Mountain American Stadium are nearby for cultural and sports events. Alameda is well-connected with public transportation, including Valley Metro buses and light rail, making commuting convenient. Tempe St. Luke’s Hospital is located just northwest of the neighborhood, and Phoenix Sky Harbor International Airport is 6 miles west.