$2,250,000
33.424971 -111.953305
FOR SALE

1027 W 5TH Street Tempe, AZ 85281

$2,250,000
Est. Monthly $10,221 with $4,626 in taxes recalculate
 

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CENTURY 21 Arizona Foothills
4913 South Alma School Road
Suite 1
Chandler, AZ 85248
480.­505.4646
480.­505.4646
CENTURY 21 Arizona Foothills
4913 South Alma School Road Chandler, AZ 85248
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1027 W 5TH Street
Tempe, AZ 85281

Explore This Property

Multi-Family (2-4 Units) - Hard to find property in Coveted Tempe minutes from ASU. Many new zonings & improvements in area lots of new luxury condos nearby. Three adjacent lots 1.43 Acres must sell together (APN 124-36-013, APN 124-36-014,and APN 124-36-016) currently zoned R-3 up to 28 units could possibly be changed to R-4 zoning. Currently 15 houses & one duplex. Value is in the land. All improvements Convey as is. Please do not disrupt current tenants. Great opportunity for redevelopment.
MLS # 5609005
Courtesy Of Desert 2 Mountain Realty

Property Features

  • Age: Over 50 Years Old
  • Appliances: Oven, Refrigerator
  • Architecture Style: Other
  • Cooling System: Central A/C, Evaporative, Window Unit(s) A/C
  • Exterior Type: Brick Veneer, Stucco
  • Floor Covering: Carpet, Concrete, Tile - Ceramic, Vinyl
  • Parking Type: Paved or Surfaced
  • Roof Type: Composition Shingle

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 3.38% APR
    $10,221Your estimated monthly payment
    $450,00020% Down Payment
    $2,250,000 $2,025,000 $4,626
    purchase price loan amount property tax (est)
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    SCALES TECHNOLOGY ACADEMY
    Grades K-5 | Public School

    TEMPE, AZ 85281
    1115 W 5TH ST
    480-929-9909
    0.1
    miles

    Total Students 450
    Student Teacher Ratio 16:1

    School Rating

    1 star View School Details
    Middle School
    GILILLAND MIDDLE SCHOOL
    Grades 6-8 | Public School

    TEMPE, AZ 85281
    1025 S BECK AVE
    480-966-7114
    0.5
    miles

    Total Students 900
    Student Teacher Ratio 15:1

    School Rating

    1 star View School Details
    High School
    TEMPE HIGH SCHOOL
    Grades 9-12 | Public School

    TEMPE, AZ 85281
    1730 S MILL AVE
    480-967-1661
    1.3
    miles

    Total Students 1703
    Student Teacher Ratio 17:1

    School Rating

    2 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Holdeman Elementary School 1.1 mi Public PRESCHOOL-5
    Noor Academy Of Arizona 1.5 mi Private PRESCHOOL-8
    Broadmor Elementary School 1.8 mi Public K-5
    Tempe Academy Of International Studies 1.8 mi Public 6-8
    New School For The Arts 2.1 mi Public 6-12
    New School For The Arts Middle School 2.1 mi Public 6-8
    Our Lady Of Mount Carmel School 2.1 mi Catholic K-8
    Humanities And Sciences Academy Arizona 2.2 mi Public K-12
    International Commerce High School - Tempe 2.2 mi Public 9-12
    Humanities And Science High School - Tempe 2.2 mi Public 9-12
    Emmanuel Lutheran School 2.2 mi Private PRESCHOOL-8
    Student Choice High School 2.3 mi Public 9-12
    Pinnacle High School - Tempe 2.4 mi Public 9-12
    Tonalea K-8 School 2.5 mi Public PRESCHOOL-8
    South Phoenix Prep And Arts Academy 2.5 mi Public K-4
    Integrity Education Centre 2.7 mi Public K-12
    Abiding Savior School 2.7 mi Private PRESCHOOL-K

    Local Area Information for Tempe, AZ 85281

    Median Age: 25.3
    Married: 12.7%
    Number of Households: 26,749
    Households with Children: 4,203
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
      † Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.