1321 W 5th Street Tempe, AZ 85281
Listing Courtesy of: Arizona Regional MLS / Desert Dimensions Properties

  1321 W 5th Street Tempe, AZ 85281

Active (54 Days)

Description

Incredible Tempe investment opportunity! This fully leased, single story 4-plex features long-term, reliable tenants & has been professionally managed for years. All tenants are current on rent, some under market. Major updates, including roof and all AC units, were completed in 2018. Ideally located minutes from ASU, downtown Tempe, Tempe Town Lake, major freeways (Loop 202, 101 & I-10) and multiple bus lines. Quick access to top area employers like State Farm, ADP, Amazon, and Wells Fargo. Covered and uncovered parking at rear of property and shared laundry facility on site. Plus, room to add Tenant value with some interior and exterior cosmetic updates, reflected in list price. This property offers strong value in one of the Valley's most sought-after rental markets.

MLS #:
6885871
Taxes
$2,641
Type
Multifamily
Year Built
1970
County
Maricopa County

Listed By

Joseph a Maggiore, Desert Dimensions Properties
Source
Arizona Regional MLS
Last checked Aug 20 2025 at 12:02 PM GMT+0000
Bathroom Details
Heating and Cooling
  • Natural Gas
  • Ceiling Fan(s)
  • Electric
Flooring
  • Ceramic Tile
  • Vinyl
Exterior Features
  • Painted
  • Stucco
  • Block
  • Roof: Built-Up
  • Roof: Rolled/Hot Mop
Utility Information
  • Sewer: Public Sewer
School Information
  • Elementary School: Scales Technology Academy
  • Middle School: Geneva Epps Mosley Middle School
  • High School: Tempe High School
Parking
  • Assigned
  • >1 Space Per Unit
Location
   
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Disclaimer: Listing Data Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All Rights reserved
Information Deemed Reliable but not Guaranteed.
ARMLS Last Updated: 8/20/25 05:02.