Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 
Listing provided courtesy of Windermere Real Estate & Property Management- MLS# 7029919MLS Provider

421 W 5TH StreetTempe, AZ 85281

Single Family · 3 Beds · 1 Full Bath · 1,000 Sq. ft. | 0.19 Acres
$795,000 Active

421 W 5TH Street Overview

Time on Site:
43 days
Visits:
0

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 not disturb the tenants, Thx

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

421 W 5TH Street Facts & Features

  • Type Single Family
  • Sq. ft. 1,000
  • Price/Sq.ft. $795
  • Lot 0.19 Acres

Details

General

Association/HOA

  • Association Fee Includes: No Fees
  • Association: false

School Information

  • School District: Tempe Union High School District
  • Elementary School: Scales Technology Academy
  • Middle Or Junior School: Geneva Epps Mosley Middle School
  • High School: Tempe High School

Building Information

  • Builder Name: Unknown
  • Year Built: 1954

Location/Region

  • Country: US
  • County Or Parish: Maricopa
  • Postal City: Tempe
  • Subdivision Name: ORTH SUBDIVISION
  • Township: 1N

Community/Development

  • Community Features: Transportation Svcs,Near Light Rail Stop,Near Bus Stop,Playground,Biking/Walking Path

Rent/Lease Information

  • Land Lease: false

Tax Information

  • Tax Annual Amount: $1,347.00
  • Tax Year: 2024

General Information

  • Disclosures: Agency Discl Req,Seller Discl Avail
  • Listing Terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
  • Ownership: Fee Simple
  • Parcel Number: 124-33-006
  • Possible Use: See Remarks
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Special Listing Conditions: FIRPTA may apply

Interior

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 3
  • Bedrooms Possible: 4

Building Interior

  • Building Area Source: Appraiser

General Information

  • Fireplace: false
  • Flooring: Tile
  • Interior Features: Eat-in Kitchen,No Interior Steps
  • Laundry Features: Wshr/Dry HookUp Only
  • Living Area: 1000.0
  • Living Area Source: Appraiser
  • Rooms Total: 0
  • Spa Features: None
  • Stories Total: 1

Exterior

Parking Information

  • Open Parking Spaces: 2.0

Lot Information

  • Lot Features: North/South Exposure,Alley,Dirt Front,Dirt Back,Gravel/Stone Front,Gravel/Stone Back
  • Lot Size Acres: 0.19
  • Lot Size Area: 8375.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8375.0
  • Lot Size Units: Square Feet
  • Road Responsibility: City Maintained Road
  • Water Source: City Water

Waterfront/View

  • View: City Lights

Building Exterior/Construction

  • Construction Materials: Painted,Block
  • Property Attached: false
  • Roof: Composition

General Information

  • Carport Spaces: 1.0
  • Covered Spaces: 1.0
  • Fencing: Block,Chain Link
  • Horse: false
  • Pool Private: false
  • Sewer: Public Sewer

421 W 5TH Street Neighborhood

Community

85281 (TEMPE) Demographics

25
Median Age
5,130
Population Density (per sq. mile)
50%
College Educated
$42,545
Estimated Median Income
5,503
Estimated Total Home Owners
20,386
Estimated Total Renters
21% / 79%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

421 W 5TH Street Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

421 W 5TH Street Market Data

Based on the last 30 days in this zip code

$566,243
Average List Price
$387
Average Price per Square Foot
18
Properties Sold
80
Average Days on Market
149
Properties for Sale
Calculations provided by Reliance Network

421 W 5TH Street History

Date Event Value Agent
5/18/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
May 18, 2026