1558 W 5TH Street, Tempe, AZ 85281

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

Overview

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 ul ...

Listing Details MLS# 6918217

Location, Tax & Legal

House Number
1558
Compass
W
Street Name
5TH
St Suffix
Street
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Zip4
2429
Country
US
County Code
Maricopa
Subdivision
GINNY MAE ESTATES UNIT 1
Assessor Number
124-38-020
Tax Year
2024
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

Contract Info

Ownership
Fee Simple

General Property Description

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

Remarks Misc

Cross Street
Priest and 5th St.

Status Change Info

Off Market Date
2025-11-07
Under Contract Date
2025-11-06
Close of Escrow Date
2025-11-21

Legal Info

Township
1N
Range
4E
Section
17
Lot Number
16

More Information

Showing Notification Methods

Showing Service
Aligned Showings

3 Bedrooms Units

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

Sold Info

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

Project Type

Duplex
Yes

Construction

Block
Yes
Wood Frame
Yes

Const - Finish

Stucco
Yes

Roofing

Composition
Yes

Floors

Ceramic Tile
Yes

Sale Includes

Land & Building
Yes

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

Lockbox Type

Supra
Yes

Community Features

No Pool
Yes
See Remarks
Yes

Heating

Heat Pump
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Electric
Yes

Exterior Amenities

Desert Landscaping
Yes
Fenced
Yes
Patio/Balcony
Yes

Interior Features

Fire/Smoke Alarm(s)
Yes
Security Alarm(s)
Yes
Breakfast Bar
Yes

Tenant Pays

Other (See Remarks)
Yes

Appliances Included

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

Road Surface Type

Gravel
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

>1 Space Per Unit
Yes

Electric

SRP
Yes

Gas

SW Gas
Yes

Owner Pays

Water
Yes
Sewer
Yes
Electric
Yes
Gas
Yes
Trash Collection
Yes
Cable TV
Yes
Landscaping
Yes

New Financing

Cash
Yes
Conventional
Yes
1031 Exchange
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

2 Bedroom Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

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
IDX
Listing Office: HomeSmart
Last Updated: November - 25 - 2025
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