




Courtesy of Windermere Real Estate & Property Management, Bruce Swift Listing Contact: 480-766-6695
3 Beds
1 Bath
1,000 sqft
$790,000
421 W 5TH Street, Tempe AZ, 85281
Price per sqft$790.00
Built in1954
Property size1,000 sqft
Property typeResidential
Overview
Active
Listed May 18, 2026
Updated 4 weeks ago
R3 zoning near Mill Ave, on 5th! RARE opportunity to own a property just a few blocks away from Mill Ave! Large 8,300+ sf lot! Located on one of the best streets - 5th St! 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!! Do NOT disturb tenants, drive-by Only! 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
Additional information
- MLS® ID
- 7029919
Interior Features
- Bedrooms
- 3
- Bathrooms
- 1
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.19 Acres
Other Property Details
- Taxes
- $1,347
- Tax Frequency
- Annually
- View
- Yes
- Municipality
- 1N
Courtesy of Windermere Real Estate & Property Management, Bruce Swift
Listing Contact: 480-766-6695
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Judy Ivicek shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Not representative of the licensee’s transaction history. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
©2026 Arizona Regional Multiple Listing Service. All rights reserved.
Data Last Updated: 4:13 AM UTC, 10/4/2026.