Map of Property

TEMPE FOURPLEX

For Sale

1321 W 5th St, Tempe, AZ 85281

This Tempe property for sale is located at 1321 W 5th St. The current listed sale price for TEMPE FOURPLEX is $950,000. TEMPE FOURPLEX is situated on a lot that is 0.25 acre in size.

Contacts

broker

Beth Mickley

eXp Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 2,760 SF
  • Units 4
  • Lot Size 0.25 Acre
  • Additional Rent Contact for pricing
  • Year Built 1970
  • Year Renovated 2023
  • Date Updated Oct 28, 2024
Perfectly situated in the heart of Tempe, this prime location offers a thriving urban environment with an array of nearby attractions. Residents of the area enjoy close proximity to the vibrant Mill Avenue District, Tempe Town Lake, and the lively social scene of Downtown Tempe. The property is conveniently located near Arizona State University, providing an excellent opportunity to appeal to students and faculty seeking comfortable, convenient living arrangements. With a wide range of shopping, dining, and recreational options nearby, the area presents an attractive lifestyle proposition for potential tenants, making it an ideal choice for multifamily investment.https://www.flexmls.com/share/AZfxm/1321-W-5TH-ST,-Tempe,-AZ-85281 Presenting an exceptional multifamily investment opportunity in Tempe, AZ. This immaculately-maintained property comprises a 2,760 SF building with 4 units, offering the perfect blend of classic charm and modern convenience. Built in 1970 and thoughtfully renovated in 2023, it aligns with the highest standards of comfort and livability. Zoned R-3R, the property provides flexibility for a variety of uses, maximizing its investment potential. Boasting full occupancy, this turnkey asset ensures immediate, steady returns. Its prime location within the vibrant Tempe area, combined with a host of modern amenities, positions it as an attractive choice for discerning multifamily investors seeking a hassle-free, high-yield acquisition.

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Highlights

  • - 2,760 SF building with 4 units
  • - Built in 1970, renovated in 2023
  • - R-3R zoning for versatile use
  • - Prime location in Tempe, AZ
  • - Fully occupied, ensuring immediate returns
  • - Modern amenities in a classic structure
  • - Attractive to potential multifamily tenants
  • - Turnkey investment opportunity with 100% occupancy

Getting around

  • 68/100

    Walk Score ®

  • 47/100

    Transit Score ®

  • 90/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Tempe, AZ
  • Neighborhood Peterson Park
  • Zip Code 85281
  • Market Phoenix

Points of Interest

  • 5th St / Ash Ave

    0.96 miles

  • 3rd St / Ash Ave

    1.00 miles

  • University Dr / Ash Ave

    1.04 miles

  • Tempe Beach Park / Rio Salado Pkwy

    1.11 miles

  • Mill Ave/ 3rd St

    1.13 miles

  • 6th St / Mill Ave

    1.16 miles

  • 3rd St / Mill Ave

    1.18 miles

  • Center Pkwy/ Washington

    1.18 miles

  • Priest Dr/ Washington

    1.18 miles

  • 9th St / Mill Ave

    1.20 miles

  • Circle K

    0.22 miles

  • chargepoint

    0.68 miles

  • Blink

    1.16 miles

  • Shell

    1.63 miles

  • Chevron

    1.67 miles

  • Phoenix Fuel

    1.80 miles

  • ChargePoint

    1.85 miles

  • Wallbox

    1.86 miles

  • Watermark Visitor Parking

    2.00 miles

  • Tesla Destination Charger

    2.17 miles

  • Centerpoint

    1.06 miles

  • CVS Parking Lot

    1.17 miles

  • City Hall Visitor's Parking

    1.21 miles

  • The Parking Spot South

    1.24 miles

  • Hayden Ferry Lakeside Parking Garage

    1.30 miles

  • East Overflow Lot

    1.33 miles

  • 10th St. Parking Structure

    1.33 miles

  • Lot 3

    1.36 miles

  • University Towers Parking Structure

    1.38 miles

  • Project Administration Building Parking Garage

    1.46 miles

  • Hyatt Place Tempe/Phoenix Airport

    0.29 miles

  • SpringHill Suites Phoenix/Tempe Airport

    0.33 miles

  • Vib

    0.92 miles

  • Sonesta Select Tempe Downtown

    0.99 miles

  • La Quinta Inn Phoenix Sky Harbor Airport

    1.02 miles

  • Hampton Inn & Suites Tempe - Phoenix Airport

    1.08 miles

  • Phoenix Bridge

    1.10 miles

  • Motel 6 Tempe, AZ - Phoenix Airport - Priest Dr

    1.11 miles

  • Hilton Phoenix Airport

    1.13 miles

  • Wyndham Phoenix Airport/Tempe

    1.15 miles

  • Whole Foods Market

    1.03 miles

  • 5th Street Deli and Market

    1.35 miles

  • P.O.D. Warehouse

    1.93 miles

  • Amigos Foods

    1.96 miles

  • Trader Joe's

    2.05 miles

  • Bharat Bazaar

    2.06 miles

  • Safeway

    2.31 miles

  • Fry's Food and Drug

    2.43 miles

  • Food City

    2.64 miles

  • American Freight

    2.84 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Beth Mickley

eXp Commercial