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  3. Tempe, AZ
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  5. 140 E Rio Salado Pkwy
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140 E Rio Salado Pkwy

140 E Rio Salado Pkwy, Tempe, AZ, 85281

YEAR BUILT

2008

# STORIES

12

# TOTAL UNITS

109

UNIT SIZE RANGE

1,168-5,186 sqft

Description

140 E Rio Salado Pkwy sits in Tempe, AZ. The building stands tall with 12 stories and offers stunning views of the city and nearby mountains. Built in 2008, it has a modern glass and steel design. The building overlooks the Salt River and Tempe Town Lake, providing an appealing waterfront setting. Inside, the structure contains 74 units ranging from 1,168 to 5,186 square feet. Prices for these units vary from $2,175,000 to $2,300,000. The average closed price over the last year is about $891,415, with a price per square foot of $494. Units sold recently ranged from $485,000, showing a diverse market. Amenities enhance the living experience and promote an active lifestyle. Residents enjoy a heated pool and spa, a fitness center with a sauna, and a clubhouse with a theater room. Concierge services are available 24/7. Secure underground parking provides peace of mind for residents. Nearby attractions include schools like The Fashion Institute of Design, restaurants like Monti's La Casa Vieja Steakhouse and Fuzzy's Taco Shop, and cultural spots such as Gammage Theater and Tempe Center for the Arts. Mill Avenue and bike paths are within walking distance, adding further excitement to the location. The building also offers large balconies and terraces for outdoor enjoyment. Triple-pane windows help to keep the interiors quiet. Possible features in some units like chef's kitchens and climate-controlled storage enhance the everyday living experience. Overall, the property combines location, modern design, and varied amenities. This blend may appeal to those seeking a vibrant community with access to nature, culture, and city life. Living here means enjoying both the comfort of the building and the lively environment outside.

Building ImageMLS ID #6934858
Building ImageMLS ID #6934858
Building Image
Building ImageView Listing

140 E Rio Salado Pkwy

140 E Rio Salado Pkwy, Tempe, AZ, 85281

YEAR BUILT

2008

# STORIES

12

# TOTAL UNITS

109

UNIT SIZE RANGE

1,168-5,186 sqft

Description

140 E Rio Salado Pkwy sits in Tempe, AZ. The building stands tall with 12 stories and offers stunning views of the city and nearby mountains. Built in 2008, it has a modern glass and steel design. The building overlooks the Salt River and Tempe Town Lake, providing an appealing waterfront setting. Inside, the structure contains 74 units ranging from 1,168 to 5,186 square feet. Prices for these units vary from $2,175,000 to $2,300,000. The average closed price over the last year is about $891,415, with a price per square foot of $494. Units sold recently ranged from $485,000, showing a diverse market. Amenities enhance the living experience and promote an active lifestyle. Residents enjoy a heated pool and spa, a fitness center with a sauna, and a clubhouse with a theater room. Concierge services are available 24/7. Secure underground parking provides peace of mind for residents. Nearby attractions include schools like The Fashion Institute of Design, restaurants like Monti's La Casa Vieja Steakhouse and Fuzzy's Taco Shop, and cultural spots such as Gammage Theater and Tempe Center for the Arts. Mill Avenue and bike paths are within walking distance, adding further excitement to the location. The building also offers large balconies and terraces for outdoor enjoyment. Triple-pane windows help to keep the interiors quiet. Possible features in some units like chef's kitchens and climate-controlled storage enhance the everyday living experience. Overall, the property combines location, modern design, and varied amenities. This blend may appeal to those seeking a vibrant community with access to nature, culture, and city life. Living here means enjoying both the comfort of the building and the lively environment outside.

Next

Description

140 E Rio Salado Pkwy sits in Tempe, AZ. The building stands tall with 12 stories and offers stunning views of the city and nearby mountains. Built in 2008, it has a modern glass and steel design. The building overlooks the Salt River and Tempe Town Lake, providing an appealing waterfront setting. Inside, the structure contains 74 units ranging from 1,168 to 5,186 square feet. Prices for these units vary from $2,175,000 to $2,300,000. The average closed price over the last year is about $891,415, with a price per square foot of $494. Units sold recently ranged from $485,000, showing a diverse market. Amenities enhance the living experience and promote an active lifestyle. Residents enjoy a heated pool and spa, a fitness center with a sauna, and a clubhouse with a theater room. Concierge services are available 24/7. Secure underground parking provides peace of mind for residents. Nearby attractions include schools like The Fashion Institute of Design, restaurants like Monti's La Casa Vieja Steakhouse and Fuzzy's Taco Shop, and cultural spots such as Gammage Theater and Tempe Center for the Arts. Mill Avenue and bike paths are within walking distance, adding further excitement to the location. The building also offers large balconies and terraces for outdoor enjoyment. Triple-pane windows help to keep the interiors quiet. Possible features in some units like chef's kitchens and climate-controlled storage enhance the everyday living experience. Overall, the property combines location, modern design, and varied amenities. This blend may appeal to those seeking a vibrant community with access to nature, culture, and city life. Living here means enjoying both the comfort of the building and the lively environment outside.

140 E Rio Salado Pkwy Key Stats Last 12 months

Avg. Listed Price$1,463,869($626/Sqft.)

Avg. Sale Price$777,363($458/Sqft.)
Year over year list priceUp Arrow13.34%

Year over year sale priceDown Arrow 34.82%
Total Listings19 Listed

Total sold8 Sold
Average Days on Market119 days

Average HOA fees per sqft$2 /monthly
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Key Stats

Year over year list priceUp Arrow13.34%

Year over year sale priceDown Arrow34.82%
Total Listings19 Listed

Total sold8 Sold
Average Days on Market119 days

Average HOA fees per sqft$2 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Medium
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Medium
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

140 E Rio Salado Pkwy Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 70970932173372024-05-23
MLS#: 6706419
Closed$2,300,000
Unit 12061206378335122024-05-22
MLS#: 6703536
Closed$2,300,000
Unit 120112014250353722018-10-19
MLS#: 5672999
Closed$2,175,000
Unit 1201
1201

3 Beds

5 Baths

4250 sqft


DateStatusPrice
2018-10-19Closed$2,175,000
MLS#: 5672999
Days On Market372
Unit 1206
1206

3 Beds

5 Baths

3783 sqft


DateStatusPrice
2024-05-22Closed$2,300,000
MLS#: 6703536
Days On Market12
Unit 709
709

3 Beds

3 Baths

3217 sqft


DateStatusPrice
2024-05-23Closed$2,300,000
MLS#: 6706419
Days On Market7
View Complete Unit Listing HistorySource By: ARMLS

Amenities

The list of amenities at 140 E Rio Salado Pkwy is nothing short of impressive! Picture yourself enjoying sunny afternoons at the beautiful lake that is part of the property, or hosting weekend get-togethers at the well-appointed clubhouse. For those who like to stay active, the fitness center is a fantastic perk, helping you keep your health goals in check without needing a gym membership. If you have little ones, there’s a delightful playground just waiting for their laughter, while helpful concierge services ensure you have support whenever you need it. Plus, for pet owners, it’s a delight to discover that rentals are okay—your furry friends are welcome here!

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Amenities Description

The list of amenities at 140 E Rio Salado Pkwy is nothing short of impressive! Picture yourself enjoying sunny afternoons at the beautiful lake that is part of the property, or hosting weekend get-togethers at the well-appointed clubhouse. For those who like to stay active, the fitness center is a fantastic perk, helping you keep your health goals in check without needing a gym membership. If you have little ones, there’s a delightful playground just waiting for their laughter, while helpful concierge services ensure you have support whenever you need it. Plus, for pet owners, it’s a delight to discover that rentals are okay—your furry friends are welcome here!

Parking
Parking
Locker
Locker
Concierge
Concierge
Check Icon
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
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Amenities

Barbecue

Barbecue

Fitness Center

Fitness Center

Concierge

Concierge

Security System

Security System

Security Guard

Security Guard

Patio

Patio

Balcony

Balcony

Policies

Living in a condominium often means adhering to certain policies that promote community harmony. While specifics aren't listed in this guide, most condos maintain norms concerning noise, shared spaces, and general guidelines to ensure a pleasant living environment. It’s always advisable to check directly with the management for any particular rules that could affect you as a new homeowner.

Next

Amenities Description

Living in a condominium often means adhering to certain policies that promote community harmony. While specifics aren't listed in this guide, most condos maintain norms concerning noise, shared spaces, and general guidelines to ensure a pleasant living environment. It’s always advisable to check directly with the management for any particular rules that could affect you as a new homeowner.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
140 E Rio Salado Pkwy$458/sqft.$2 /sqft.
120 E Rio Salado Pkwy$410/sqft.$2 /sqft.
154 W 5th St$440/sqft.$4 /sqft.
435 W Rio Salado Pkwy$419/sqft.$3 /sqft.
425 W Rio Salado Pkwy$398/sqft.$4 /sqft.
819 N College Ave$245/sqft.$6 /sqft.

Nearby Schools

Residents of 140 E Rio Salado Pkwy enjoy access to nearby educational institutions across Tempe. Schools within a 2-mile radius enhance convenience for daily routines. Close proximity supports consistent attendance and flexibility. This location promotes a family-friendly lifestyle.

Ombudsman - Charter Northeast

--
Public|Grades 9–12
1290 N Scottsdale ...|0.94 miles away

Asu Preparatory Academy Digital

C
Public|Grades KG–12
1130 E University ...|1.06 miles away

Scales Technology Academy

C+
Public|Grades KG–5
1115 W 5th St|1.17 miles away

Laird Elementary School

D
Public|Grades PK–8
1500 N Scovel St|1.35 miles away

Student Choice High School

--
Public|Grades 9–12
1833 N Scottsdale ...|1.39 miles away

Gililland Middle School

D+
Public|Grades 6–8
1025 S Beck Ave|1.45 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

Residents of 140 E Rio Salado Pkwy enjoy access to nearby educational institutions across Tempe. Schools within a 2-mile radius enhance convenience for daily routines. Close proximity supports consistent attendance and flexibility. This location promotes a family-friendly lifestyle.

Ombudsman - Charter Northeast

--
Public|Grades 9–12
1290 N Scottsdale ...|Less than 1 Mile Away

Asu Preparatory Academy Digital

C
Public|Grades KG–12
1130 E University ...|1.06 Miles Away

Scales Technology Academy

C+
Public|Grades KG–5
1115 W 5th St|1.17 Miles Away

Laird Elementary School

D
Public|Grades PK–8
1500 N Scovel St|1.35 Miles Away

Student Choice High School

--
Public|Grades 9–12
1833 N Scottsdale ...|1.39 Miles Away

Gililland Middle School

D+
Public|Grades 6–8
1025 S Beck Ave|1.45 Miles Away

New School for the Arts Middle School

--
Public|Grades 6–8
1216 E Apache Blvd|1.50 Miles Away

New School for the Arts

C+
Public|Grades 9–12
1216 E Apache Blvd|1.50 Miles Away

Tempe High School

D+
Public|Grades 9–12
1730 S Mill Ave|1.59 Miles Away

Evit - Tempe High School

--
Public|Grades 9–12
1730 S Mill Ave|1.60 Miles Away

Banner Academy

--
Private|Grades 7–12
1410 W 10th Pl|1.76 Miles Away

Educational Models for Learning Arizona

--
Public|Grades 9–12
1525 E Apache Blvd|1.80 Miles Away

Integrity Education Centre

--
Public|Grades KG–12
515 E Continental ...|1.85 Miles Away

Broadmor Elementary School

B-
Public|Grades KG–5
311 E Aepli Dr|1.86 Miles Away

Humanities and Sciences Academy Arizona

--
Public|Grades 12–12
1105 E Broadway Rd|1.88 Miles Away

International Commerce High School - Tempe

--
Public|Grades 9–12
1105 E Broadway Rd|1.89 Miles Away

Tonalea K - 8 School

C-
Public|Grades PK–8
6720 E Continental...|1.89 Miles Away

McKemy Academy of International Studies

B
Public|Grades 6–8
2250 S College Ave|1.96 Miles Away

Holdeman Elementary School

D
Public|Grades KG–5
1326 W 18th St|2.00 Miles Away

Yavapai Elementary School

D
Public|Grades PK–5
701 N Miller Rd|1.99 Miles Away

Transit

140 E Rio Salado Pkwy is located in a well-connected part of , Tempe, supported by nearby public transportation. Transit options within a 2-mile radius improve accessibility for daily commuting. Residents enjoy convenient travel across surrounding neighborhoods and downtown areas. This connectivity enhances overall quality of urban living.

10th St & Farmer Av (Flag Zone)

0.97 miles away|19 min walk

10th St & Mill Av (Flag Zone)

0.89 miles away|18 min walk

1st St & Farmer Av

0.49 miles away|10 min walk

1st St & Hardy Dr

0.9 miles away|18 min walk

1st St & McKemy St

0.79 miles away|16 min walk

1st St & Roosevelt St

0.66 miles away|13 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

140 E Rio Salado Pkwy is located in a well-connected part of , Tempe, supported by nearby public transportation. Transit options within a 2-mile radius improve accessibility for daily commuting. Residents enjoy convenient travel across surrounding neighborhoods and downtown areas. This connectivity enhances overall quality of urban living.

10th St & Farmer Av (Flag Zone)

0.97 miles away|19 min walk

10th St & Mill Av (Flag Zone)

0.89 miles away|18 min walk

1st St & Farmer Av

0.49 miles away|10 min walk

1st St & Hardy Dr

0.9 miles away|18 min walk

1st St & McKemy St

0.79 miles away|16 min walk

1st St & Roosevelt St

0.66 miles away|13 min walk

52nd St & 4th St

1.94 miles away|38 min walk

5th St & Albert Av (Flag Zone)

1.56 miles away|30 min walk

5th St & Ash Av

0.56 miles away|11 min walk

5th St & Beck Av (Flag Zone)

1.23 miles away|24 min walk

5th St & Farmer Av

0.6 miles away|12 min walk

5th St & Farmer Av (Flag Zone)

0.61 miles away|12 min walk

5th St & Hardy Dr (Flag Zone)

0.99 miles away|20 min walk

5th St & Maple Av

0.49 miles away|10 min walk

5th St & Mill Av

0.48 miles away|10 min walk

5th St & Mitchell Dr (Flag Zone)

0.79 miles away|16 min walk

5th St & Myrtle Av

0.43 miles away|9 min walk

5th St & Priest Dr (Flag Zone)

1.48 miles away|29 min walk

5th St & Roosevelt St (Flag Zone)

0.74 miles away|15 min walk

5th St & Terry Ln (Flag Zone)

1.18 miles away|23 min walk

68th St & Continental Dr

1.87 miles away|36 min walk

68th St & Portland St

1.93 miles away|38 min walk

8th St & Dorsey Ln (Flag Zone)

1.39 miles away|27 min walk

8th St & McClintock Dr

1.77 miles away|34 min walk

8th St & Una Av

1.59 miles away|31 min walk

Apache Bl & College Av

1.16 miles away|23 min walk

Apache Bl & McAllister Av

1.19 miles away|23 min walk

Ash Av & 3rd St

0.43 miles away|9 min walk

Beck Av & 13th St (Flag Zone)

1.63 miles away|32 min walk

Beck Av & Broadway Rd (Flag Zone)

1.93 miles away|37 min walk

Beck Av & University Dr (Flag Zone)

1.34 miles away|26 min walk

Bridalwreath & McKellips Rd (Flag Zone)

1.55 miles away|30 min walk

Bridalwreath St & Susan Ln

1.33 miles away|26 min walk

Broadway Rd & 1208 East

1.89 miles away|37 min walk

Broadway Rd & 1221 East

1.93 miles away|37 min walk

Broadway Rd & Beck Av

1.98 miles away|38 min walk

Broadway Rd & College Av

1.66 miles away|32 min walk

Broadway Rd & Dorsey Ln

1.97 miles away|38 min walk

Broadway Rd & Farmer Av

1.72 miles away|33 min walk

Broadway Rd & Hardy Dr

1.89 miles away|37 min walk

Broadway Rd & Industrial Park Av

1.97 miles away|38 min walk

Broadway Rd & Jentilly Ln

1.8 miles away|35 min walk

Broadway Rd & Mill Av

1.67 miles away|33 min walk

Broadway Rd & Roosevelt St

1.79 miles away|35 min walk

Broadway Rd & Rural Rd

1.75 miles away|34 min walk

Broadway Rd & Sierra Vista Dr

1.71 miles away|33 min walk

Broadway Rd & Terrace Rd

1.86 miles away|36 min walk

Broadway Rd & Ventura Dr

1.69 miles away|33 min walk

Center Pkwy/Washington

0.73 miles away|15 min walk

College Av & Apache Bl (Flag Zone)

1.2 miles away|23 min walk

The Neighbourhood: 140 E Rio Salado Pkwy

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140 E Rio Salado Pkwy Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 3.61% are children aged 0–14, 73.42% are young adults between 15–29, 12.81% are adults aged 30–44, 5.35% are in the 45–59 range and 4.81% are seniors aged 60 and above. Commuting options are also varying where 62.02% of residents relying on driving, while others prefer public transit around 3.11%, walking around 14.16%, biking around 4.29%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 85.22% of units are rented and 14.78% are owner occupied. The neighborhood offers different household types. About 13.91% are single family homes and 2.78% are multi family units. Around 46.33% are single-person households, while 53.67% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 31.33% of residents have bachelor’s degrees. Around 11.32% have high school or college education. Another 6.94% hold diplomas while 23.82% have completed postgraduate studies. The remaining are 26.58% with other types of qualifications.

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Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 3.61% are children aged 0–14, 73.42% are young adults between 15–29, 12.81% are adults aged 30–44, 5.35% are in the 45–59 range and 4.81% are seniors aged 60 and above. Commuting options are also varying where 62.02% of residents relying on driving, while others prefer public transit around 3.11%, walking around 14.16%, biking around 4.29%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 85.22% of units are rented and 14.78% are owner occupied. The neighborhood offers different household types. About 13.91% are single family homes and 2.78% are multi family units. Around 46.33% are single-person households, while 53.67% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 31.33% of residents have bachelor’s degrees. Around 11.32% have high school or college education. Another 6.94% hold diplomas while 23.82% have completed postgraduate studies. The remaining are 26.58% with other types of qualifications.

Age Demographics

0–14 Years

3.61%

15–29 Years

73.42%

30–44 Years

12.81%

45–59 Years

5.35%

60+ Years

4.81%

Commute

3.11%

Transit

14.16%

Walk

62.02%

Drive

4.29%

Bike

Housing Ownership

14.78%

Owner Occupied

85.22%

Rental Units

Household Types

Single Family
13.91%
Multi Family
2.78%
Single Person
46.33%
Multi Person
53.67%

Average Income

Household:$4,835,860.48 /yr

Individual:$2,927,549.13 /yr

Education

Bachelors Degree31.33%
High School College11.32%
Diploma6.94%
Post Graduate23.82%
Others26.58%
Next

Education

Diploma6.94%
Post Graduate23.82%
Others26.58%
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  1. Home
  2. /Tempe, AZ
  3. /
    140 E Rio Salado Pkwy
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