421 W 5th St
Tempe, AZ 85281
For more information on this listing, contact us at: (480) 678-9028
Active
$790,000
-0.6%
421 W 5th St Tempe, AZ 85281
Single Family Residence
Property Type
3
Beds
1
Baths
0.19
Acres
1954
Year Built
Maricopa
County
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
Drive by only, do not disturb the tenants, Thx
MLS #
7029919
Monthly HOA
N/A
On Site
177 Days
Last Updated
10/6/2026
Contact Agent
William Hoppel III
(480) 678-9028Property Details
Community Information
School Information
School District
Tempe School District
High School
Tempe High School
Middle School
Geneva Epps Mosley Middle School
Elementary School
Scales Technology Academy
Architecture
Bedrooms
3
Bathrooms
1
Year Built
1954
Stories
1
Construction Materials
Painted, Block
Stories
1
Unit Style
All on One Level
Roof
Composition
Carport Spaces
1
Covered Spaces
1.0
Open Parking Spaces
2.0
Features / Amenities
Interior Features
Eat-in Kitchen, No Interior Steps
Appliances
Gas Cooktop
Flooring
Tile
Laundry
Wshr/Dry HookUp Only
Kitchen Features
Gas Cooktop
Other Rooms
Family Room, Separate Den/Office
Dining Area
Eat-in Kitchen
Technology
Cable TV Avail
Patio And Porch
Patio
Horses
No
Cooling
Central Air, Ceiling Fan(s)
Heating
Natural Gas
Property Features
Lot Size
8,375 Sq. Ft. / 0.19 Acres
Lot Features
North/South Exposure, Alley, Dirt Front, Dirt Back, Gravel/Stone Front, Gravel/Stone Back
View
City Lights
Community Features
Biking/Walking Path, Children's Playgrnd, Near Bus Stop, Near Light Rail Stop, Transportation Svcs
Property Description
North/South Exposure, Alley
Landscaping
Dirt Front, Dirt Back, Gravel/Stone Front, Gravel/Stone Back
Sewer
Public Sewer
Water
Public
Plumbing
Gas Hot Water Heater
Fencing
Block, Chain Link
Directions
From Mill Ave, take 5th St, go 3 blocks west and the property is the 3rd property on your left past Farmer Ave.
Tax and Financial Info
Tax Year
2024
Tax Annual Amount
$1,347
Ownership
Fee Simple
Listing Terms
VA Loan, Cash, Conventional, 1031 Exchange, FHA, VA
Existing 1st Loan
Treat as Free/Clear
Possession
Close Of Escrow, Subject To Tenant Rights
Disclosures
Agency Discl Req, Seller Discl Avail
Legal Description
LOT 6 ORTH SUB MCR 003340
Association Fee Includes
No Fees
Listing Office
Listing provided courtesy of Windermere Real Estate & Property Management (602-319-5363).
Mortgage Calculator
Your monthly payment will be
$0,000
Loan and interest only.
Purchase price
Down payment
Price Change History
| Date | Old Price | New Price | Percent Change |
| 10/3/2026 | $795,000 | $790,000 |
-0.6%
|
Schools
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Listing Information Last Updated 10/6/2026
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