1321 W 5TH Street, Tempe, AZ 85281

$510,000
Property Type: Multiple Dwellings Bedrooms: 8 Baths: 4 Status: Closed
Current Price: $510,000 Last Modified: 7/07/2026

Overview

Description

4 Plex in a great location. All 2 bedroom, 1 bath units. Fully occupied. This property has 2 units that have been updated in the past 2 years. 4 New HVAC units. Great value and room to improve other 2 units.

Listing Details MLS# 5858622

Location, Tax & Legal

Map Code/Grid
R36
House Number
1321
Compass
W
Street Name
5TH
St Suffix
Street
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Zip4
2447
Country
US
County Code
Maricopa
Subdivision
STATE PLAT NO 12 AMD
Assessor Number
124-37-004-F
Tax Year
2018

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
.26 Acres
Year Built
1970
Uncvrd Parking Spcs
4
Total # of Units
4
# of Buildings
2
Zoning
Multi Family
Elementary School District
Tempe Elementary School District
High School District
Tempe Union High School District

Remarks Misc

Cross Street
UNIVERSITY AND PRIEST
Directions
FROM 202, S ON PRIEST, LEFT ON W 5TH, PROPERTY ON RIGHT.

Status Change Info

Off Market Date
2019-01-22
Under Contract Date
2019-01-02
Close of Escrow Date
2019-01-21

Legal Info

Township
1N
Range
4E
Section
16
Lot Number
38

More Information

2 Bedroom Units

# 2 Bedroom Units
4
Avg Rent
725
Avg SqFt
700
# Baths
Yes

Structure

Bedrooms Total
8
Bathrooms Total
4

Sold Info

Loan Type
Cash
Payment Type
Other
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$

Property Features

Project Type: Four Plex Construction: Block Const - Finish: Painted; Stucco Roofing: Built-Up Floors: Ceramic Tile Sale Includes: Building(s) Only; Land & Building Community Features: No Pool Exterior Amenities: Green Landscaping; Desert Landscaping; Separate Storage Interior Features: Fire/Smoke Alarm(s); Mini Blinds Appliances Included: Free-Standing Range; Refrigerator; Other Heating: Natural Gas Cooling: Electric; Individual Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: SW Gas Parking Features: 1 Space/Unit Road Access Type: Alley Road Surface Type: Asphalt Owner Pays: Water; Gas Tenant Pays: Sewer; Electricity; Gas; Trash Collection Source of Fincl Data: Owner Special: Owner/Agent Existing 1st Loan: Conventional Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Other (See Remarks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional Environmental: None

Documents

IDX
Listing Office: Sterling Fine Properties
Office Phone: 480-447-3553
Office Email: kbeckman0717@gmail.com
Last Updated: July - 07 - 2026
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