421 W 5th Street, Tempe, AZ 85281

$790,000
3
BD
1
BA
1,000
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Courtesy of Windermere Real Estate & Property Management. 602-319-5363

List Price
$790,000
Status
ACTIVE
Days on Market
141
Price Change
▼ $5,000 1791067605
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

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 skyline, plus the mountain views!! Drive by only, do not disturb the tenants, Thx

Additional Information

Interior Features
Eat-in Kitchen, No Interior Steps
Taxes
$1,347
Flooring
Tile
Appliances
Gas Cooktop
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

Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks