AZ > Tempe
Tempe, AZ 85281,1321 W 5th Street
Tempe, AZ 85281,1321 W 5th Street
Tempe, AZ 85281,1321 W 5th Street
Tempe, AZ 85281,1321 W 5th Street
Tempe, AZ 85281,1321 W 5th Street
Tempe, AZ 85281,1321 W 5th Street
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Shawn Shackelton

Shawn Shackelton

Shawn Shackelton

+1(480) 734-7277
$ 899,000
Est. payment | /mo
Save
$ 899,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6885871

Year Built 1970

Annual Tax Amount $2,641

Tax Year 2024

Lot Dimensions 11326

Source Arizona Regional Multiple Listing Service (ARMLS)

Property 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.

Location

State AZ

County Maricopa

Zoning Multi-Family

Direction S on Priest to 5th St. E on 5th to (3rd) 4plex on Right- 1321. Follow around to alley in rear for parking.

Interior

Heating Natural Gas

Cooling Ceiling Fan(s), Electric

Flooring Ceramic Tile, Vinyl

Appliance Refrigerator, Free-Standing Electric Oven

Exterior

Parking Features Assigned, >1 Space Per Unit

Community Features No Pool

Roof Type Built-Up,Rolled/Hot Mop

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

Elementary Schools Scales Technology Academy

Middle Schools Geneva Epps Mosley Middle School

High Schools Tempe High School

School District Tempe Union High School District

Others

Senior Community No

Tax ID 124-37-004-F

Acceptable Financing No Carry, Conventional, FHA, VA Loan

Listing Terms No Carry, Conventional, FHA, VA Loan

Arizona Regional MLS (ARMLS)

Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Desert Dimensions Properties
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(480) 734-7277

shawn@shawnshackelton.com

3707 E Southern Ave # 1074, Mesa, AZ, 85206, United States

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1321 W 5th Street