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Realty of AmericaValley Wide Agents

Valley Wide Agents · brokered by Realty of America LLC

421 W 5TH Street, Tempe, AZ 85281 — photo 1 of 22
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$795,000

Active

421 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