1558 W 5TH Street, Tempe, AZ 85281

$915,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $915,000 Last Modified: 11/25/2025

Description

Incredible and rare opportunity to own a newly rebuilt duplex in the heart of Tempe. Property was expanded to include 2 mirror image units (approx 1,800 sq ft each) with 3 bedrooms and 3 baths - all en suite! Each unit features vaulted ceilings in living areas and primary suite, wood plank tile throughout, individual laundry with tankless water heater, a private outdoor space, and off street parking. Large kitchens with custom cabinetry, center island, granite countertops, and stainless appliances. Spacious primary suites offer a luxurious bath featuring a walk-in shower, soaking tub, and walk-in closet. Proximity to ASU, Sky Harbor Airport, and freeways make it perfect opportunity for a savvy investor or an income stream for an owner occupant. See floor plan for layout details.

Supplements: Off street parking for 5 vehicles including 2 at the rear of the property off of the alley. Front bathroom is a walk-thru bath with access to both the front bedroom and living room. Both kitchens have an RO water filtration system. Free City of Tempe Orbit Shuttle to ASU campus and more drops off and picks up just outside the property for the ultimate in convenience.

More Information MLS# 6918217

Contract Info

Ownership: Fee Simple Current Price: $915,000 Sold Price: $915,000 Status: Closed List Date: 2025-09-11

Location, Tax & Legal

Assessor's Map #: 38 Legal Description (Abbrev): LOT 16 GINNY MAE ESTATES UNIT 1 MCR 010643 Assessor's Parcel #: 20 Add'l Parcels: No Tax Municipality: Tempe Census Tract: 319704 Taxes: 4384 Legal: LOT 16 GINNY MAE ESTATES UNIT 1 MCR 010643 Marketing Name: GINNY MAE ESTATES House Number: 1558 Compass: W Street Name: 5TH St Suffix: Street City/Town Code: Tempe State/Province: AZ Zip Code: 85281 Zip4: 2429 County Code: Maricopa Subdivision: GINNY MAE ESTATES UNIT 1 Assessor Number: 124-38-020 Tax Year: 2024

General Property Description

# of Buildings: 1 Uncvrd Parking Spcs: 5 Lot Size Dimensions: 74x120 Flood Zone: TBD Total # of Units: 2 High School District: Tempe Union High School District High School: Tempe High School Year Built: 2018 Zoning: R-3R

Legal Info

Range: 4E Section: 17 Township: 1N Lot Number: 16

Project Type

Duplex: 1

Construction

Block: 1 Wood Frame: 1

Const - Finish

Stucco: 1

Roofing

Composition: 1

Floors

Ceramic Tile: 1

Sale Includes

Land & Building: 1

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 4384 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0

Pmt & Rate Info

Equity: 1099900 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

Supra: 1

Community Features

No Pool: 1 See Remarks: 1

Heating

Heat Pump: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1 Electric: 1

Exterior Amenities

Desert Landscaping: 1 Fenced: 1 Patio/Balcony: 1

Interior Features

Fire/Smoke Alarm(s): 1 Security Alarm(s): 1 Breakfast Bar: 1

Tenant Pays

Other (See Remarks): 1

Appliances Included

Dishwasher: 1 Disposal: 1 Free-Standing Gas Oven: 1 Microwave: 1 W/D Hookup: 1

Road Surface Type

Gravel: 1

Source of Fincl Data

Owner: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

>1 Space Per Unit: 1

Electric

SRP: 1

Gas

SW Gas: 1

Owner Pays

Water: 1 Sewer: 1 Electric: 1 Gas: 1 Trash Collection: 1 Cable TV: 1 Landscaping: 1

New Financing

Cash: 1 Conventional: 1 1031 Exchange: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

# 3 Bedroom Units: 2 Avg Rent: 0 Avg SqFt: 1801 # Baths: 6

4 Bedrooms Units

Avg Rent: 0

Sold Info

Loan Type: Cash Closing Cost Split: Normal - N Payment Type: Fixed Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: Priest and 5th St. Geo Lat: 33.42587 Geo Lon: -111.964999

Status Change Info

Off Market Date: 2025-11-07 Under Contract Date: 2025-11-06 Close of Escrow Date: 2025-11-21 Sold Price: $915,000

Property Features

Project Type: Duplex Construction: Block; Wood Frame Const - Finish: Stucco Roofing: Composition Floors: Ceramic Tile Sale Includes: Land & Building Community Features: No Pool; See Remarks Exterior Amenities: Desert Landscaping; Fenced; Patio/Balcony Interior Features: Fire/Smoke Alarm(s); Security Alarm(s); Breakfast Bar Appliances Included: Free-Standing Gas Oven; Dishwasher; Disposal; Microwave; W/D Hookup Heating: Heat Pump Cooling: Ceiling Fan(s); Electric; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: SW Gas Parking Features: >1 Space Per Unit Road Surface Type: Gravel Owner Pays: Water; Electric; Gas; Trash Collection; Cable TV; Landscaping Tenant Pays: Other (See Remarks) Source of Fincl Data: Owner Lockbox Type: Supra New Financing: Cash; Conventional; 1031 Exchange Environmental: None
Listing Office: HomeSmart
IDX
Last Updated: November - 25 - 2025
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