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Sold for $490,000
  • $490,000

    1514 W 5TH Street #1&2, Tempe, AZ 85281

    4beds
    1baths
    1,462sqft
    Multi Family
    Built in 1970
    -- sqft lot
    $533,200 Zestimate®
    $335/sqft
    $1,807 Estimated rent

    Home value

    $533,200

    $491,000 - $581,000

    $1,807/mo

    Zestimate® history
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    $1,807/mo

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    $2,841/mo

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    $2,841/mo

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    What's special

    Private yardNewer block wall fences
    Incredible opportunity to own a duplex, just steps away from ASU. Tempe bus stops every 15 minutes just 3 doors away. Freshly painted outside, newer block wall fences with private yard for each unit, two car garage is shared by each tenant. Separate laundry room for each unit with room for storage. This property has been impeccably maintained by owner for 13 years and constantly rents within hours of availability. Currently rented with leases in place at $1350 for each unit. Both units have 2 bedrooms, 1 bath, & extra closet/storage space. All appliances are included in sale. One lease expires in Jan/24 and the other in 4/24.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jill Anderson 602-617-6794,

    Russ Lyon Sotheby's International Realty,

    Renee L Ryan 623-687-4656,

    Russ Lyon Sotheby's International Realty

    Bought with:

    Laurie Johnson, BR633363000

    Keller Williams Realty Elite

    Source: ARMLS,MLS#: 6587286MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 1
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Free-Standing Range, Dishwasher, Refrigerator, Washer/Dryer
    Features
    • Flooring: Ceramic Tile
    Interior area
    • Total structure area: 1,462
    • Total interior livable area: 1,462 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage Door Opener, Attached
    • Has attached garage: Yes
    • Covered spaces: 2
    • Uncovered spaces: 2
    Lot
    • Size: 10,240 Square Feet
    • Dimensions: 80 x 128
    Details
    • Parcel number: 12438012
    • Zoning: Multi

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Painted, Block
    • Roof: Composition
    Condition
    • Year built: 1970

    Utilities & green energy

    • Electric: SRP
    • Sewer: Public Sewer
    • Water: City Franchise

    Community & HOA

    Community
    • Features: No Pool
    • Subdivision: GINNY MAE ESTATES UNIT 1
    Location
    • Region: Tempe

    Financial & listing details

    • Price per square foot: $335/sqft
    • Annual tax amount: $1,560
    • Date on market: 9/21/2025
    • Cumulative days on market: 64 days
    • Listing terms: Conventional,FHA
    • Ownership: Fee Simple
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    10/12/2023Sold$490,000-5.8%$335/sqft
    Source: ARMLS #6587286 Report a problem
    10/5/2023Pending sale$520,000$356/sqft
    Source: ARMLS #6587286 Report a problem
    9/18/2023Price change$520,000-1%$356/sqft
    Source: ARMLS #6587286 Report a problem
    9/9/2023Price change$525,000-0.9%$359/sqft
    Source: ARMLS #6587286 Report a problem
    8/2/2023Listed for sale$530,000$363/sqft
    Source: ARMLS #6587286 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Lindon Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Holdeman Elementary School
    • Middle: Tempe High School
    • High: Tempe Academy Of International Studies McKemy Campus
    • District: Tempe Elementary School District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $533,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $533,200