For Sale House MLS# 7029919

421 W 5TH Street

Tempe, AZ 85281

$795,000

About 421 W 5TH Street

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

Property details

Property

Type
Single Family Residence
MLS type
Single Family Home
Status
Active
Year built
1954
Stories
1
Living area
1,000 sqft
Price / sqft
$795
Lot
0.19
Original price
$795,000
MLS #
7029919

Interior

Features
Central Air, Ceiling Fan(s), Eat-in Kitchen, No Interior Steps, Natural Gas, Wshr/Dry HookUp Only, Tile
Flooring
Tile
Heating
Natural Gas
Cooling
Central Air, Ceiling Fan(s)
Laundry
Wshr/Dry HookUp Only

Exterior & lot

Construction
Painted, Block, Composition
Roof
Composition
Lot
12433006, Block, Chain Link
Fence
Block, Chain Link

Schools

District
Tempe School District
Elementary
Scales Technology Academy
Middle
Geneva Epps Mosley Middle School
High
Tempe High School

Utilities

Utilities
Public Sewer, City Water
Water
City Water
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$1,347
Tax year
2024
Parcel
12433006

Location

Subdivision
ORTH SUBDIVISION
County
Maricopa
Neighborhood
Riverside
Community
Maricopa, No Fees, Arizona Regional Multiple Listing Service 2, Tempe School District
Directions
From Mill Ave, take 5th St, go 3 blocks west and the property is the 3rd property on your left past Farmer Ave.

Location

Neighborhood
Riverside
Subdivision
ORTH SUBDIVISION
School district
Tempe School District

Ask about this property

Questions on 421 W 5TH Street, Tempe, AZ 85281, or want to see it in person?

Listed by Bruce Swift, Windermere Real Estate & Property Management

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.