Active
1320-1312 W 5TH Street
Tempe AZ, 85281
$1,150,000
Active
Other
Built in 1961
Prime location just blocks from Hayden-Ferry Landing, Mill/ASU, and a few minutes to Old
Town Scottsdale. In an OZ. Hard to find & bigger than the competition all 2 bedroom unit mix (822sf/unit). Stabilized 6 CAP +/-. Long-term, local owners have pride of ownership. Many recent
renovations to some units including plumbing, kitchens/baths, windows, roof, etc. Classic
features to value-add further. Excellent rents in place from $1795-$1595. Flexible
month-to-month leases. The complex offers more amenities than the competition,
including carport parking, fenced front yards with private back patios, individual laundry/
storage rooms, gorgeous desert landscaping, and a pretty central courtyard. More like homes than apartments. The kind of investment you're proud to own.
6830355
MLSⓇ ID
March 5, 2025
Listed
March 7, 2025
Updated
Interior Features
Floor Description
Other, Ceramic Tile
Fireplace
No
Cooling
Yes
Cooling Description
Electric, Heat Pump
Heating
Yes
Heating Description
Heat Pump, Electric
Exterior/Building Features
Roof
Composition
Sewer
Public Sewer
School Information
School District
Tempe Union High School District
Other Property Details
Taxes
$1,408
Tax Frequency
Annually
Days on Market
4
Garage
No
Parking
Free, RV/Boat Parking, Addl Parking Avail, 1 Space/Unit, Common
Parking Total
8
View
No
County
Maricopa
Water Source
City Franchise
Zoning
R-2
Courtesy of Better Homes & Gardens Real Estate SJ Fowler, James C Stephens
Listing Contact: 602-672-3526
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Valley Boys Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Arizona Regional Multiple Listing Service. All rights reserved.
Data Last Updated: 7:37 PM UTC, 3/7/2025.
