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For sale
    • $795,000

    421 W 5TH Street, Tempe, AZ 85281

    3beds
    1,000sqft
    : 
    $4,678/mo
    Get pre-qualified
    Single Family Residence
    Built in 1954
    8,375 Square Feet Lot
    $-- Zestimate®
    $795/sqft
    $-- HOA

    What's special

    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!! 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
    89 days
    |
    112
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Bruce Swift 480-766-6695,

    Windermere Real Estate & Property Management

    Source: ARMLS,MLS#: 7029919MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Natural Gas
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Gas Cooktop
      Features
      • Eat-in Kitchen, No Interior Steps
      • Flooring: Tile
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 1,000
      • Total interior livable area: 1,000 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Carport, Open
      • Carport spaces: 1
      • Uncovered spaces: 2
      Features
      • Stories: 1
      • Patio & porch: Patio
      • Spa features: None
      • Fencing: Block,Chain Link
      • Has view: Yes
      • View description: City Lights
      Lot
      • Size: 8,375 Square Feet
      • Features: North/South Exposure, Alley, Dirt Front, Dirt Back, Gravel/Stone Front, Gravel/Stone Back
      Details
      • Parcel number: 12433006
      • Special conditions: FIRPTA may apply

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Painted, Block
      • Roof: Composition
      Condition
      • Year built: 1954

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City Water

      Community & HOA

      Community
      • Features: Transportation Svcs, Near Light Rail Stop, Near Bus Stop, Playground, Biking/Walking Path
      • Subdivision: ORTH SUBDIVISION
      HOA
      • Has HOA: No
      • Services included: No Fees
      Location
      • Region: Tempe

      Financial & listing details

      • Price per square foot: $795/sqft
      • Tax assessed value: $302,100
      • Annual tax amount: $1,347
      • Date on market: 5/18/2026
      • Cumulative days on market: 90 days
      • Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/18/2026Listed for sale$795,000$795/sqft
        Source: ARMLS #7029919 Report a problem
        12/6/2025Listing removed$795,000$795/sqft
        Source: ARMLS #6862698 Report a problem
        6/6/2025Price change$795,000-11.7%$795/sqft
        Source: ARMLS #6862698 Report a problem
        5/8/2025Listed for sale$900,000+91.5%$900/sqft
        Source: ARMLS #6862698 Report a problem
        12/8/2021Sold$470,000-5.8%$470/sqft
        Source: ARMLS #6273322 Report a problem
        11/23/2021Contingent$499,000$499/sqft
        Source: ARMLS #6273322 Report a problem
        8/30/2021Price change$499,000-44.6%$499/sqft
        Source: ARMLS #6273322 Report a problem
        8/2/2021Listed for sale$900,000$900/sqft
        Source: ARMLS #6273322 Report a problem
        8/27/2017Listing removed$850$1/sqft
        Source: Zillow Rental Network Report a problem
        7/13/2017Listed for rent$850+6.3%$1/sqft
        Source: Zillow Rental Network Report a problem
        4/26/2015Listing removed$800$1/sqft
        Source: Zillow Rental Network Report a problem
        4/18/2015Listed for rent$800$1/sqft
        Source: Zillow Rental Network Report a problem
        3/5/2015Listing removed$800$1/sqft
        Source: Zillow Rental Network Report a problem
        2/27/2015Listed for rent$800$1/sqft
        Source: Zillow Rental Network Report a problem
        3/2/2013Listing removed$800$1/sqft
        Source: Rental Source Report a problem
        10/31/2012Listed for rent$800$1/sqft
        Source: Rentbits Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,435 +7%$30,210 -17.4%
        2024$1,341 +1.2%$36,580 +235.4%
        2023$1,325 +3.8%$10,906 -59.5%
        2022$1,276 +2.4%$26,960 +9.1%
        2021$1,246 +1.9%$24,720 +20.7%
        2020$1,223 +2.5%$20,480 +29.4%
        2019$1,192 $15,830 +14.3%
        2018$1,192 +3.1%$13,850 +20.1%
        2017$1,157 +4.8%$11,530 +16.9%
        2016$1,103 +3.4%$9,860 +13.3%
        2015$1,067 $8,700 +23.8%
        2014-- $7,030 -10.1%
        2013-- $7,820 -20.3%
        2012-- $9,810 -26.2%
        2011-- $13,300 -23.9%
        2010-- $17,470 +4.8%
        2009-- $16,670 -16.9%
        2008-- $20,050 +12.3%
        2007-- $17,850 +38.4%
        2006-- $12,900
        2005-- $12,900 +44.1%
        2004-- $8,950
        2003-- $8,950 +38.8%
        2002-- $6,450
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: Riverside

        Getting around

        87 / 100
        Very Walkable
        67 / 100
        Good Transit
        99 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Scales Technology Academy
        • Middle: Geneva Epps Mosley Middle School
        • High: Tempe High School
        • District: Tempe 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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