Tempe, AZ 85281,1321 W 5TH Street
Tempe, AZ 85281,1321 W 5TH Street
Tempe, AZ 85281,1321 W 5TH Street
Tempe, AZ 85281,1321 W 5TH Street
Tempe, AZ 85281,1321 W 5TH Street
Tempe, AZ 85281,1321 W 5TH Street
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$ 950,000
Est. payment | /mo

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$ 950,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision State Plat No 12 Amd

MLS Listing ID 6718601

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1970

Annual Tax Amount $2,609

Tax Year 2023

Lot Dimensions 11,326

Property Description

Incredible Value-Add Opportunity!

This prime investment property is in an Opportunity Zone and offers huge potential for savvy investors to increase returns. Fully occupied and with below-market rents, this well-maintained fourplex is ready for a strategic value-add play. Renovated in 2018 with a new roof and HVAC, it's situated in the heart of Tempe, steps from ASU, Mill Ave, and public transit—making it a hot spot for consistent rental demand. With its ideal location and opportunity for growth, this is the chance to capitalize on a high-demand area and elevate your portfolio with long-term appreciation and tax benefits!

Location

State AZ

County Maricopa

Community State Plat No 12 Amd

Zoning Multi Family

Interior

Heating Natural Gas

Cooling Individual, Electric

Flooring Ceramic Tile

Appliance Other (See Remarks), BI Oven/Range, Washer/Dryer

Exterior

Parking Features 1 Space/Unit

Community Features No Pool

Roof Type Built-Up

Total Parking Spaces 4

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Others

Senior Community No

Tax ID 124-37-004-F

Acceptable Financing Conventional, 1031 Exchange, FHA

Listing Terms Conventional, 1031 Exchange, FHA

Arizona Regional MLS (ARMLS)
Listed by eXp Realty

GET MORE INFORMATION

James Kuttner

REALTOR® | Lic# SA548848000

+1(623) 680-2081

20241 N 67th Ave Suite A1, Glendale, AZ, 85308

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1321 W 5TH Street