401 W 5th Street, Tempe, AZ 85281

Tempe
Local realty services provided by:HUNT Real Estate ERA
401 W 5th Street,Tempe, AZ 85281
$845,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: ron fedri
Office: homesmart
MLS#:6982393
Source:ARMLS

Price summary

  • Price:$845,000

About this home

PRIME PROPERTY LOCATED WITHIN TEMPE'S TRANSPORTATION OVERLAY DISTRICT. SURROUNDED BY A HIGH END COLLECTION OF OFFICE/COMMERCIAL DEVELOPMENTS, A BOUTIQUE HOTEL, AND TRENDY CONDOMINIUMS. THE PROPERTY IS ALSO INTERCONNECTED TO MULTIPLE TRANSPORTATION NETWORKS INCLUDING THE VALLEY LIGHT RAIL, AND TEMPE'S OWN STREET CAR SERVICE. THE EXISTING UNITS ARE 100% OCCUPIED WITH IMMEDIATE CASH FLOW ALLOWING FOR AN INCOME STREAM WHILE PLANNING YOUR FUTURE DEVELOPMENT.

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Home facts

  • Year built:1960
  • Listing ID #:6982393
  • Updated:March 19, 2026 at 03:10 PM

Heating and cooling

  • Cooling:Ceiling Fan(s), Heat Pump
  • Heating:Heat Pump

Structure and exterior

  • Year built:1960
  • Construction Materials:Block, Painted

Utilities

  • Water:City Franchise
  • Sewer:Sewer in & Connected

Finances and disclosures

  • Price:$845,000
  • Tax amount:$1,831 (2025)

Parking

  • Total parking spaces:4
  • Parking description:1 Parking Space/Unit
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