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$899,000
7 Days On Site

1321 W 5th Street
Tempe, AZ 85281

For Sale|Multi Family|Active
0
Beds
0
Total Baths
1970
Built
County:
Maricopa

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1321 W 5th Street1321 W 5th Street1321 W 5th Street1321 W 5th Street
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Incredible Tempe investment opportunity! This fully leased, single story 4-plex features long-term, reliable tenants & has been professionally managed for years. All tenants are current on rent, some under market. Major updates, including roof and all AC units, were completed in 2018. Ideally located minutes from ASU, downtown Tempe, Tempe Town Lake, major freeways (Loop 202, 101 & I-10) and multiple bus lines. Quick access to top area employers like State Farm, ADP, Amazon, and Wells Fargo. Covered and uncovered parking at rear of property and shared laundry facility on site. Plus, room to add Tenant value with some interior and exterior cosmetic updates, reflected in list price. This property offers strong value in one of the Valley's most sought-after rental markets.

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Listing Snapshot
Price 
$899,000
Days On Site 
7 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1970
MLS® Number 
6885871
Status 
Active
Property Tax 
$2,641
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Cross Street 
Priest Dr & Rio Salado Parkway
Disclosures 
Seller Prop Disc Stm
Parking 
Assigned
Parking Spaces 
8
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Zoning 
Multi-Family
Interior Features
Appliances 
RefrigeratorFree-Standing Electric Oven
Cooling 
Central AirCeiling Fan(s)Electric
Flooring 
Ceramic TileVinyl
Heating 
Natural Gas
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Exterior Features
Construction Details 
StuccoBlock
Road Frontage 
Alley
Roof 
Built-UpRolled/Hot Mop
Community Features
Financing Terms Available 
ConventionalFHAVA Loan
Roads 
Asphalt
School District 
Tempe Union High School District
Schools
School District
Tempe Union High School District
Elementary School
Scales Technology Academy
Middle School
Geneva Epps Mosley Middle School
High School
Tempe High School
Listing courtesy of Desert Dimensions Properties.



All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Last checked: 2025-07-04 08:46 PM UTC

Neighborhood & Commute
Source: Walkscore
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