MODE On Third Street is located in Downtown Tempe, along 5th Street and McKemy Avenue, just east of Hardy Drive, in close proximity to Arizona State University, Mill Avenue, Farmer Arts District, Tempe Town Lake, Orbit Shuttle and the Valley Metro Light Rail. The property is located in a quiet residential neighborhood just west of Downtown Tempe, within close proximity to the Loop 202 Freeway, allowing easy access to Sky Harbor International Airport, Downtown Phoenix, Scottsdale, the valley freeway system and numerous employers.
MODE On Third underwent a major renovation in 2016. Community amenities include covered parking, private patios, and grassy areas. . Interior amenities include in-suite laundry, new cabinetry, stainless steel appliances, stained concrete flooring, upgraded lighting, ceiling fans and two-tone paint.
**Tenant responsible for monthly utility fee of $50 and city sales tax of 2%.**
Sold for $776,000
Price history
| Date | Event | Price |
|---|---|---|
| 2/11/2025 | Sold | $776,000+244.9%$1,492/sqft |
Source: Public Record Report a problem | ||
| 6/23/2015 | Sold | $225,000+7.1%$433/sqft |
Source:  ARMLS #5111703 Report a problem | ||
| 4/29/2015 | Pending sale | $210,000$404/sqft |
Source: Realty ONE Group #5111703 Report a problem | ||
| 3/3/2015 | Price change | $210,000-6.7%$404/sqft |
Source: Realty One Group #5111703 Report a problem | ||
| 9/1/2014 | Price change | $225,000+40.6%$433/sqft |
Source: Realty One Group #5111703 Report a problem | ||
| 6/14/2014 | Listed for sale | $160,000$308/sqft |
Source: Realty One Group #5111703 Report a problem | ||
| 5/14/2014 | Listing removed | $160,000$308/sqft |
Source: Realty One Group #5111703 Report a problem | ||
| 5/8/2014 | Listed for sale | $160,000-49.2%$308/sqft |
Source: Realty One Group #5111703 Report a problem | ||
| 4/27/2005 | Sold | $315,000+103.9%$606/sqft |
Source: ARMLS #2282319 Report a problem | ||
| 12/30/1999 | Sold | $154,500+93.1%$297/sqft |
Source: Public Record Report a problem | ||
| 4/15/1994 | Sold | $80,000+1%$154/sqft |
Source: Public Record Report a problem | ||
| 9/2/1993 | Sold | $79,237$152/sqft |
Source: Public Record Report a problem | ||
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Estimated market value
$781,800
