421 W 5th Street, Tempe, AZ 85281
- $795,000
- 3
- BD
- 1
- BA
- 1,000
- SqFt
- List Price
- $795,000
- Status
- ACTIVE
- Days on Market
- 86
- MLS#
- 7029919
- Subtype
- Residential
- Year Built
- 1954
- Bedrooms
- 3
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 1,000
- Lot Size
- 8,375
- Acres
- 0.19
- Subdivision
- Orth Subdivision
Property Description
Do NOT disturb tenants, drive-by Only! RARE opportunity to own a property just a few blocks away from Mill Ave! Located on one of the best streets - 5th St! Great R3 zoning! Large 8,300+ sf lot! 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!! 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 skyline, plus the mountain views!! Drive by only, do not disturb the tenants, Thx
/u.realgeeks.media/dunlap-magee/Logo_1-min.png){kind=logo}
Additional Information
- Interior Features
- Eat-in Kitchen, No Interior Steps
- Taxes
- $1,347
- Flooring
- Tile
- Heating
- Natural Gas
- Air Conditioning
- Ceiling Fan(s), Central Air
- Exterior Construction
- Block, Painted
- Stories
- 1
- Elementary School
- Scales Technology Academy
- Middle School
- Geneva Epps Mosley Middle School
- High School
- Tempe High School
- View
- City Lights
Mortgage Calculator
Listing courtesy of Listing Agent: Bruce Swift (480-766-6695) from Listing Office: Windermere Real Estate & Property Management.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.