Back 401 West 5th Street
Off Market

401 West 5th Street

Tempe AZ 85281

4
Multi-Family
Last sold for $2,625
Ron FedriRon Fedri, last sold this property on 03 June 2026 after 112 days on market.

Overview

PRIME PROPERTY LOCATED WITHIN TEMPE'S TRANSPORTATION OVERLAY DISTRICT. SURROUNDED BY A HIGH END COLLECTION OF OFFICE/COMMERCIAL DEVELOPMENTS, A BOUTIQUE HOTEL, AND TRENDY CONDOMINIUMS. THE PROPERTY IS ALSO INTERCONNECTED TO MULTIPLE TRANSPORTATION NETWORKS INCLUDING THE VALLEY LIGHT RAIL, AND TEMPE'S OWN STREET CAR SERVICE. THE EXISTING UNITS ARE 100% OCCUPIED WITH IMMEDIATE CASH FLOW ALLOWING FOR AN INCOME STREAM WHILE PLANNING YOUR FUTURE DEVELOPMENT.

Features

4 carspaces
4 open car spaces
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Tempe over the last 12 months, the estimated median property value of 401 West 5th Street is $675k.

Median value
$675k
Estimated value range
$2.63k - $2.4m
Median days on market
91
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Tempe. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 401 West 5th Street

2026
Sold
$2,625
03 Jun 2026 by Ron Fedri, of HomeSmart

Happy sellers in Tempe

95%
95% of sellers in Tempe reported that their sale price either exceeded or met their price expectations.

Tempe stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Tempe over the last 12 months.

Local market activity for multi families in Tempe

In the last 12 months, 18 multi families similar to 401 West 5th Street, have been sold.

This represents a 35% decrease in multi families sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Tempe

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent