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Front Yard View across the street & East
ActiveMLS #7029919

$795,000

421 W 5TH Street

Tempe, AZ 85281

3beds
1baths
1,000sqft
Price per sqft
$795/sqft
Listed
May 18, 2026
Since listed
120 days
Lot
8,375 sqft lot

Home highlights

  • Single-story
  • No HOA
  • City Lights

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!!

From ARMLS

Property details

Home & layout

Property type
Single Family Residence
Bedrooms
3
Bathrooms
1
Living area
1,000 sqft
Year built
1954
Stories
Single-story

Interior

Interior features
Eat-in Kitchen, No Interior Steps
Flooring
Tile
Laundry
Wshr/Dry HookUp Only

Systems & utilities

Heating
Natural Gas
Cooling
Central Air, Ceiling Fan(s)
Sewer
Public Sewer
Water source
City Water

Lot, exterior & construction

Lot size
8,375 sqft lot
Lot features
North/South Exposure, Alley, Dirt Front, Dirt Back, Gravel/Stone Front, Gravel/Stone Back
Views
City Lights
Construction
Painted, Block
Roof
Composition
Patio & porch
Patio
Fencing
Block, Chain Link
Spa
None

Parking & access

Garage
0 spaces
Carport
1 spaces
Covered parking
1 spaces

Community & lifestyle

Subdivision
ORTH SUBDIVISION
Community features
Transportation Svcs, Near Light Rail Stop, Near Bus Stop, Playground, Biking/Walking Path

Location

Explore the neighborhood

421 W 5TH Street, Tempe, AZ 85281

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Schools

School assignments can change and are not guaranteed. Please verify enrollment directly with the district.

Listing information

Status
Active
MLS number
7029919
Listed
May 18, 2026
Last updated
Aug 11, 2026, 10:18 AM MST
County
Maricopa
Tax year
2024
Listing terms
Cash, Conventional, 1031 Exchange, FHA, VA Loan
Possession
Close of Escrow, Subject To Tenant Rights
Special conditions
FIRPTA may apply
Listing agent
Bruce Swift
Listing brokerage
Windermere Real Estate & Property Management

Listing courtesy of Bruce Swift, Windermere Real Estate & Property Management.