421 W 5th Street, Tempe, AZ 85281

Tempe
Local realty services provided by:ERA Brokers Consolidated
421 W 5th Street,Tempe, AZ 85281
$790,000
  • 3 Beds
  • 1 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: bruce swift
Office: windermere real estate & property management
MLS#:7029919
Source:ARMLS

Price summary

  • Price:$790,000

About this home

R3 zoning near Mill Ave, on 5th! RARE opportunity to own a property just a few blocks away from Mill Ave! Large 8,300+ sf lot! Located on one of the best streets - 5th St! New construction abounds! Urban infill at its best! - there is a new 50m+ upscale mid-rise project directly across the street that is just being completed! And less than 100 yards to the east is Farmer Ave, where hundreds of millions have been spent on a variety of commercial, multifamily, and mixed used developments, including the new Westin Vib hotel! Only a block to the Tempe Streetcar, which connects to the Light Rail, which is less than 2 min away! Walk to ASU, Mill Ave, Tempe Town Lake and more! This is a GREAT AREA!! Do NOT disturb tenants, drive-by Only! R-3 ZONING, large/deep lot!! Perfect location for new condos/townhomes etc. Zoning should allow for 3 units but check with city as owner/agent makes no guarantees. Imagine the views from the 3rd floor rooftop balconies of the West 5 towers and the Tempe...

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Home facts

  • Year built:1954
  • Subdivision & Development:ORTH SUBDIVISION
  • Listing ID #:7029919
  • Updated:October 06, 2026 at 03:12 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Flooring:Tile

Heating and cooling

  • Cooling:Ceiling Fan(s)
  • Heating:Natural Gas
  • Central air:Yes

Structure and exterior

  • Year built:1954
  • Lot area:0.19 Acres
  • Lot Features:Alley, Dirt Back, Dirt Front, Gravel/Stone Back, Gravel/Stone Front, North/South Exposure
  • Construction Materials:Block, Painted

Schools

  • High school:Tempe High School
  • Middle school:Geneva Epps Mosley Middle School
  • Elementary school:Scales Technology Academy

Finances and disclosures

  • Price:$790,000
  • Tax amount:$1,347 (2024)

Features and amenities

  • Laundry features:Washer/Dryer Hook-up Only

Parking

  • Carport spaces:1
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