SoldSep 19, 2025

Bought with Christine Boyko from West USA Realty

Source: Arizona Regional Multiple Listing Service #6885871

1321 W 5th St, Tempe, AZ, 85281

$827,000

8

MultiFam

30+ days on the market

Sold: Sep 19, 2025

What's around 1321 W 5th St

About this property

Incredible Tempe investment opportunity! This fully leased, single story 4-plex features long-term, reliable tenants & has been professionally managed for years. All tenants are current on rent, some under market. Major updates, including roof and all AC units, were completed in 2018. Ideally located minutes from ASU, downtown Tempe, Tempe Town Lake, major freeways (Loop 202, 101 & I-10) and multiple bus lines. Quick access to top area employers like State Farm, ADP, Amazon, and Wells Fargo. Covered and uncovered parking at rear of property and shared laundry facility on site. Plus, room to add Tenant value with some interior and exterior cosmetic updates, reflected in list price. This property offers strong value in one of the Valley's most sought-after rental markets.

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