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421 W 5th Street, Tempe, AZ 85281

Tempe
Local realty services provided by:CENTURY 21 Arizona Foothills
421 W 5th Street,Tempe, AZ 85281
$795,000
  • 3 Beds
  • 1 Baths
  • 1,000 sq. ft.
  • Single family
  • Active
Listed by: bruce swift
Office: windermere real estate & property management
MLS#:7029919
Source:ARMLS

Price summary

  • Price:$795,000
  • Price per sq. ft.:$795

About this home

RARE opportunity to own a property just a few blocks away from Mill Ave! Located on one of the best streets - 5th St! Great R3 zoning! Large 8,300+ sf lot! New construction abounds! Urban infill at its best! - there is a new 50m+ upscale mid-rise project directly across the street that is just being completed! And less than 100 yards to the east is Farmer Ave, where hundreds of millions have been spent on a variety of commercial, multifamily, and mixed used developments, including the new Westin Vib hotel! Only a block to the Tempe Streetcar, which connects to the Light Rail, which is less than 2 min away! Walk to ASU, Mill Ave, Tempe Town Lake and more! This is a GREAT AREA!! R-3 ZONING, large/deep lot!! Perfect location for new condos/townhomes etc. Zoning should allow for 3 units but check with city as owner/agent makes no guarantees. Imagine the views from the 3rd floor rooftop balconies of the West 5 towers and the Tempe skyline, plus the mountain views!! Drive by only, do...

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Home facts

  • Year built:1954
  • Listing ID #:7029919
  • Updated:June 13, 2026 at 03:44 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Flooring:Tile
  • Living area:1,000 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s)
  • Heating:Natural Gas
  • Central air:Yes

Structure and exterior

  • Year built:1954
  • Building area:1,000 sq. ft.
  • Lot area:0.19 Acres
  • Lot Features:Alley, Dirt Back, Dirt Front, Gravel/Stone Back, Gravel/Stone Front, North/South Exposure
  • Construction Materials:Block, Painted

Schools

  • High school:Tempe High School
  • Middle school:Geneva Epps Mosley Middle School
  • Elementary school:Scales Technology Academy

Utilities

  • Water:City Water

Finances and disclosures

  • Price:$795,000
  • Price per sq. ft.:$795
  • Tax amount:$1,347 (2024)

Features and amenities

  • Laundry features:Washer/Dryer Hook-up Only

Parking

  • Carport spaces:1
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. ARMLS Member Broker: Floyd Scott

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