$795,000
Active421 W 5TH Street, Tempe, AZ 85281
3
Beds
1
Baths
1,000
Sq ft
$795
Price / sq ft
8,375 sq ft
Lot size
Single story
Stories
No pool
Pool
No
Spa
None
Garage
1954
Year built
No HOA
HOA
Single Family Residence
Property type
ORTH SUBDIVISION
Subdivision
70 days
On market
About this home
Do NOT disturb tenants, drive-by Only! 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
Charles Barrett
AZ Lic. #SA650612000 · Valley Wide Agents at Realty of America LLC
Location
Listing courtesy of Windermere Real Estate & Property Management
Listing last updated in ARMLS on July 7, 2026 at 6:43 PM MST























