600 W 5th Street, Tempe, AZ 85281

$1,300,000
Property Type: Residential Square Footage: 1,512 Lot Size (sq. ft.): 25,264 Status: Closed
Current Price: $1,300,000 Last Modified: 2/02/2026

Description

Rare Investment Opportunity for 4 parcels of land! Fantastic neighborhood in the midst of Redevelopment! Close to Mill Ave & all it has to offer! Great potential for many different uses. Two existing structures leased on a month to month basis. City of Tempe was submitted plans for a 11 plex, just needs approval!! Over half an acre, 25,264 sq ft lot! This property is in an Opportunity Zone in Tempe. 4-Parcels/Lots: 124-31-023 A: 124-31-023 B: 124-31-024: 124-31-028

More Information MLS# 6239647

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Sold Price: $1,300,000 Status: Closed Current Price: $1,300,000 List Date: 2021-05-21

Location, Tax & Legal

Assessor's Map #: 31 Assessor's Parcel #: 28 Tax Municipality: Maricopa - COUNTY Taxes: 6243 Map Code/Grid: R36 House Number: 600 Compass: W Street Name: 5th St Suffix: Street City/Town Code: Tempe State/Province: AZ Zip Code: 85281 County Code: Maricopa Assessor Number: 124-31-028 Subdivision: Tempe 4 Parcels- 124-31-023 A - 124-31-123 B 124-31-024 - 124-31-028 Tax Year: 2020

General Property Description

Dwelling Styles: Detached # of Interior Levels: 1 Approx SQFT: 1512 Price/SqFt: 859.78 Approx Lot SqFt: 25264 Approx Lot Acres: 0.58 Horses: N Builder Name: Unknown Elementary School District: Tempe Elementary School District Elementary School: Scales Technology Academy Jr. High School: Geneva Epps Mosley Middle School High School: Tempe Academy Of International Studies McKemy Campus Community Pool Y/N: No Private Pool Y/N: No Fireplace YN: No Dwelling Type: Single Family Residence Exterior Stories: 1 Year Built: 1925

Special Listing Cond

N/A: 1

Construction

Other: 1

Const - Finish

Other (See Remarks): 1

Roofing

Other: 1

Association & Fees

HOA Y/N: N PAD Fee Y/N: N Cap Improvement/Impact Fee: 0 Cap Improvement/Impact Fee $/%: $ Cap Improvement/Impact Fee 2: 0 Cap Improvement/Impact Fee 2 $/%: $ Com Facilities Distr: N Land Lease Fee Y/N: N Rec Center Fee Y/N: N Rec Center Fee 2 Y/N: N Ttl Mthly Fee Equiv: 0

Showing Notification Methods

Text: 1 Email: 1 Phone Call: 1

Lockbox Type

None: 1

Master Bathroom

None: 1

Add'l Property Use

Other: 1

Dining Area

Other (See Remarks): 1

Heating

None: 1

Kitchen Features

None: 1

Cooling

Other: 1 See Remarks: 1

Laundry

None: 1

Basement

Basement Y/N: N

Separate Den/Office

Sep Den/Office Y/N: N

Road Responsibility

City Maintained Road: 1

Fencing

Wood: 1 Chain Link: 1

Water Source

City Water: 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 1 Total Covered Spaces: 0

New Financing

Cash: 1 Conventional: 1

Utilities

SRP: 1

Existing 1st Loan

Treat as Free&Clear: 1

Property Description

Corner Lot: 1 North/South Exposure: 1

Landscaping

Dirt Front: 1 Dirt Back: 1

Services

City Services: 1

Disclosures

Agency Discl Req: 1

Possession

Close of Escrow: 1

Association Fee Incl

No Fees: 1

Assoc Rules/Info

None: 1

Sold Info

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

Remarks Misc

Cross Street: Corner of W. 5th St & Roosevelt St Directions: AZ-202 Loop E to N Priest Dr. Left onto W 5th St to address. Or North on Mill Ave then West on 5th St to Corner of 5th St & Roosevelt! Geo Lat: 33.425462 Geo Lon: -111.947276

Status Change Info

Off Market Date: 2021-10-04 Under Contract Date: 2021-10-02 Close of Escrow Date: 2021-12-15 Sold Price: $1,300,000

Legal Info

Lot Number: 1

Property Features

Special Listing Cond: N/A Add'l Property Use: Other Master Bathroom: None Spa: None Dining Area: Other (See Remarks) Kitchen Features: None Laundry: None Road Responsibility: City Maintained Road Construction: Other Const - Finish: Other (See Remarks) Roofing: Other Cooling: Other; See Remarks Heating: None Utilities: SRP Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Wood; Chain Link Property Description: Corner Lot; North/South Exposure Landscaping: Dirt Front; Dirt Back Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: Agency Discl Req
Listing Office: Keller Williams Realty Sonoran Living
IDX
Last Updated: February - 02 - 2026
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