425 - 427 W 5TH Street W, Tempe, AZ 85281

$1,700,000
Property Type: Multiple Dwellings Status: Active
Current Price: $1,700,000 Last Modified: 6/02/2026

Overview

Description

Enjoy Pride of ownership of an experienced Garden-Style 10-Plex in Tempe's Orth Subdivision. Current ownership approx. 40 years. Just a short distance to the ASU Main Campus. Near the 202 Freeway, Sky Harbor Airport and many desirable Restaurants & Attractions. There are 8-Studios approx. 388 sq/ft, 1/1-Bed approx. 550 sq/ft & 1/2-Bed approx. 750 sq/ft. Block Construction 1957 & 1963. Desirable Reposition Opportunity. Additional Address; 511 S. Wilson St. Additional Tax Code: 124-33-007A -

Listing Details MLS# 7035959

Location, Tax & Legal

House Number
425 - 427
Compass
W
Street Name
5TH
St Suffix
Street
St Dir Sfx
W
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Zip4
2760
Country
US
County Code
Maricopa
Subdivision
ORTH SUB
Assessor Number
124-33-008-A
Tax Year
2025
Assessor's Map #
33
Legal Description (Abbrev)
LOT 8 ORTH SUB MCR 003340
Assessor's Parcel #
8
Assessor Parcel Ltr
A
Add'l Parcels
Yes
Tax Municipality
Tempe
Census Tract
318800
Taxes
4667
Legal
Orth Sub McR 33/40 Pt Lt 8 Blk 1 N 100F & W 10F Of N 100F Lt 7 Blk 1 & Lot 8 Blk 1
Marketing Name
ASU Apartments

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
100 x 167.5 x 100 x 167.5
Year Built
1957
Uncvrd Parking Spcs
8
Total # of Units
10
# of Buildings
3
Zoning
R-3
Flood Zone
Yes
Elementary School District
Tempe School District
High School District
Tempe Union High School District
Elementary School
Scales Technology Academy
Jr. High School
Ward Traditional Academy
High School
Tempe High School

Remarks Misc

Cross Street
5th and Ash
Directions
From S. Mill Street and 5th Street , West to address at the corner of W. 5th and Wilson

Legal Info

Township
1N
Range
4E
Section
16
Lot Number
8

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes

More Information

Efficiency Units

# Efficiency Units
8
Avg Rent
1050
Avg SqFt
400
# Baths
Yes

1 Bedroom Units

# 1 Bedroom Units
Yes
Avg Rent
1200
Avg SqFt
500
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
Yes
Avg Rent
1400
Avg SqFt
700
# Baths
Yes

Project Type

5 - 12 Units
Yes

Construction

Block
Yes

Const - Finish

Other (See Remarks)
Yes

Roofing

Composition
Yes
Built-Up
Yes

Floors

Tile
Yes
Vinyl
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
4667
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Pmt & Rate Info

Equity
1700000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

None
Yes

Community Features

Other
Yes

Heating

Zoned
Yes
Natural Gas
Yes
Individual
Yes
Central
Yes
See Remarks
Yes

Cooling

Central Air
Yes
Window/Wall Unit
Yes
See Remarks
Yes

Exterior Amenities

Other (See Remarks)
Yes

Interior Features

Other (See Remarks)
Yes

Tenant Pays

Cable TV
Yes
Other (See Remarks)
Yes

Appliances Included

Refrigerator
Yes
Free-Standing Range
Yes

Road Access Type

City Street
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes
Other (See Remarks)
Yes

Road Responsibility

City Maintained Road
Yes

Water Source

City Franchise
Yes
Master Meter
Yes

Sewer

Sewer - Public
Yes

Parking Features

Free
Yes
On Street
Yes
1 Space/Unit
Yes
Off Street
Yes

Electric

City Electric
Yes
Other (See Remarks)
Yes

Gas

SW Gas
Yes

Owner Pays

Water
Yes
Sewer
Yes
Electric
Yes
Gas
Yes
Landscaping
Yes

New Financing

Cash
Yes
1031 Exchange
Yes
Other (See Remarks)
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes
Other (See Remarks)
Yes

Environmental

None
Yes

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: 5 - 12 Units Construction: Block Const - Finish: Other (See Remarks) Roofing: Composition; Built-Up Floors: Tile; Vinyl Sale Includes: Land & Building Community Features: Other Exterior Amenities: Other (See Remarks) Interior Features: Other (See Remarks) Appliances Included: Free-Standing Range; Refrigerator Heating: Zoned; Natural Gas; Individual; Central; See Remarks Cooling: Window/Wall Unit; Central Air; See Remarks Water Source: City Franchise; Master Meter Sewer: Sewer - Public Electric: City Electric; Other (See Remarks) Gas: SW Gas Parking Features: On Street; 1 Space/Unit; Free; Off Street Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Water; Electric; Gas; Landscaping Tenant Pays: Cable TV; Other (See Remarks) Source of Fincl Data: Owner; Other (See Remarks) Showing Notification Methods: Text Lockbox Type: None New Financing: Cash; 1031 Exchange; Other (See Remarks) Environmental: None
IDX
Listing Office: Tierra Antigua Realty, LLC
Last Updated: June - 02 - 2026
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